Reporting to the Chief Risk Officer, Insurance, this is a high-profile leadership role providing independent second line oversight across Lloyds Wealth. You’ll oversee the firm’s regulatory, conduct and compliance risk framework, ensuring the business operates within its regulatory obligations, Board-approved risk appetite and governance expectations, while delivering trusted challenge, guidance and support to senior leaders
As a member of the Wealth & Insurance Risk Leadership Team, you’ll help shape risk culture, influence strategic decision-making, build strong regulatory relationships and support sustainable growth across a business at the forefront of wealth, financial planning and retirement services
We’re seeking an experienced risk and compliance leader with strong regulatory expertise, commercial awareness and a passion for customer outcomes. You’ll be confident leading high-performing teams, influencing senior stakeholders and driving positive change within a highly regulated environment
In your capacity as Head of Risk Oversight, Lloyds Wealth, you’ll have responsibility for the oversight of the overall monitoring and management of compliance and conduct risk across the business, including:
Act as a delegate to the SMF16 Compliance Oversight Function Holder, ensuring Lloyds Wealth maintains an effective and proportionate compliance framework. Leading the second line oversight of Lloyds Wealth’s distribution, advice and associated business activities, providing robust challenge and independent assurance
Provide expert advice and strategic direction to senior management, executive committees and boards on Wealth Management
Hold responsibility for the firm’s compliance plan, conduct strategy and support compliance with Consumer Duty requirements, ensuring products and services deliver fair customer outcomes
Maintain oversight of key SMCR controls, including Training & Competency arrangements, adviser licensing, certification and ongoing fitness and propriety requirements
Review and interpret forthcoming regulatory developments and ensure the business is appropriately prepared to respond, including leading engagement with regulators, where appropriate
Drive continuous improvement of the control environment through innovation, data-driven insight and adoption of emerging technologies where appropriate
Benefits
A generous holiday allowance: You’ll be eligible for a minimum of 22 days holiday (excluding
Head of Risk Oversight (Lloyds Wealth) in London employer: Lloyd's
Lloyd’s is an exceptional employer that prioritises integrity and excellence in the financial services sector. With a strong commitment to employee development, you will find ample opportunities for growth and advancement within a collaborative and supportive work culture. Located in the heart of London, our dynamic environment fosters innovation and offers unique benefits, including access to industry-leading training programmes and a diverse network of professionals.
