Senior Associate, FC&C – Regulatory Change

Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world. Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.

Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.

Lloyd’s are recruiting for a Senior Associate – Regulatory Change. This is an excellent opportunity to support delivery of regulatory change programmes/Lloyd's strategic priorities by supporting project and programme management of UK regulatory related projects, for example regulatory reviews and changes in regulation. This role requires a combination of regulatory compliance knowledge, project management skills, and the ability to work effectively with all levels of stakeholders.

The wider Financial Crime & Compliance (FC&C) department provides second line advice and assurance to Lloyd’s in relation to its compliance with regulatory requirements in the UK and strategy with respect to compliance and financial crime globally.

• Lead and support the delivery of regulatory change initiatives, including those arising from changes in the regulatory landscape, formal communications (e.g. PSM and FE letters), and other ad hoc projects.
• Establish and maintain project infrastructure, producing and maintaining key project documents and artefacts.
• Collaborate with internal stakeholders and Corporation departments to define requirements and agree actions.
• Track and report progress against milestones and deliverables, ensuring transparency and accountability.
• Facilitate stakeholder engagement, including the preparation of briefings and updates for internal and external audiences, including regulators.
• Support horizon scanning and prioritisation, monitor and interpret regulatory developments providing insights and recommendations to senior management to inform project selection and resource allocation.
• Work in collaboration with regulatory engagement colleagues to manage regulatory interactions related to change projects.
• Identify and manage regulatory compliance and financial crime risks, ensuring appropriate escalation and reporting through Lloyd’s risk governance structures.

• Knowledge of working with process and operational demands.
• Experience of the UK regulatory environment.
• Knowledge and experience in the design, implementation and management of effective risk management frameworks advantageous.
• Familiarity with project management discipline.
• Experience with operating procedures, controls, and organisational administration.
• Experience in delivering cross-functional projects or change initiatives would be helpful.
• A good understanding of process and operational demands within complex organisations.
• Broader knowledge of Risk Governance structures, Corporation functions and activities of an effective Compliance department an advantage.
• Analytical thinking and problem-solving skills, with the ability to apply existing solutions pragmatically.
• Demonstratable technological proficiency to support analysis and presentation of regulatory change.

Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development.

We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.

By choosing Lloyd's, you’ll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.

Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in and in which everyone is treated with dignity and respect. We will invest in attracting the best talent to Lloyd’s, making sure recruitment is targeted at bringing in the skills we need to evolve. We will develop a talent pipeline that provides us with the key capabilities we will need for the future. To also create a culture in which every employee fulfils their full potential, ensuring that leaders role-model the behaviours we expect in ourselves and others.