Head of Islands Risk United Kingdom
Lloyds Banking Group
Full Time
United Kingdom
137471 - 161730 GBP ANNUAL Today
Job description
End Date
Thursday 05 October 2023
Salary Range
£0 - £0Agile Working Options
Job Description Summary
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Job Description
JOB TITLE: Head of Islands Risk, LBCM Islands
LOCATION(S): The role will be primarily based in Jersey, Guernsey or the Isle of Man*, however regular travel to each island will be required for anyone looking to work out of our London office.
- As this role is based in the Channel Islands or Isle of Man, it is a requirement that you hold a Resident Certificate or an Employment Permit.
HOURS: Full-time
About this opportunity:
This is an exciting opportunity for an experienced and skilled individual to become the Head of Islands Risk for the Lloyds Bank Corporate Markets (LBCM) Islands business.
LBCM is the non-ring fenced bank of the Group. The LBCM Islands business provides retail and commercial banking services through its branches to customers in Jersey, Guernsey and the Isle of Man (the Islands). It also provides banking services to large institutional clients and international private banking clients. The Islands business is an integral part of LBCM and its growth plans.
The Head of Islands Risk will lead the 1st line Islands team based locally. Additional responsibilities include leading a team of risk professionals across the full range of risk specialties and work with the regulatory bodies on each island providing risk partnership, governance, insight and application of the risk management framework in line with local laws and regulations.
The role offers an opportunity to collaborate with teams across multiple jurisdictions and the wider Group in order to support the Islands growth strategy and progress your personal and professional development in parallel.
As the Head of Islands Risk, you’ll:
- Lead and partner the formulation and delivery of risk strategies, policies and procedures to identify risks, advise the business on risk mitigation and control and embed a culture of compliance, ensuring that risks are mitigated, and the bank operates in a safe and compliant way.
- Take ownership for fulfilling business plans for a substantial functional business area by effectively leading a large team.
- Engage and partner with senior business leaders to understand long-term strategic challenges.
- Develop a comprehensive policy framework for a significant area of the business, then coordinates implementation within the organisation.
- Maintain relationships with strategic internal customers and act as their risk partner, while typically using large support teams to ensure compliance and appropriate risk framework management.
- Add to the development, creation and release of risk policies, underlying procedures and supervises their embedding into the organisation.
- Monitor and lead a wide range of activities of a significant team ensuring compliance with regulatory requirements by collaborating closely with all internal risk management.
- Maintain strong relationships with each Jersey, Guernsey, and the Isle of Man regulators.
Why Lloyds Banking Group:
We’re on an exciting journey and there couldn’t be a better time to join us. The investments we’re making in our people, data, and technology are leading to innovative projects, fresh possibilities, and countless new ways for our people to work, learn, and thrive.
What you’ll need:
- Extensive experience of working in a Risk environment (with relevant qualifications).
- Ability to apply a well-rounded set of skills to assess business practices – putting customers first, whilst ensuring sustainable growth, and an ambition to apply your knowledge within the Island's business segments.
- Understanding of Economic Crime Prevention (ECP), Conduct, Compliance, Operational Risk (CCOR), Credit Risk and the nature of these non-financial and financial risks in the Islands’ jurisdictions.
- Ability to influence with impact, building positive relationships and communicate effectively.
- A desire to learn and grow evidencing thought leadership and curiosity, motivated by continuous improvement.
- Ability to coach, lead and empower the team and are energised about the Group’s purpose of Helping Britain Prosper and in turn Helping the Islands Prosper.
About working for us
Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms.
We want our people to feel that they belong and can be their best, regardless of background, identity or culture.
We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative.
And it’s why we especially welcome applications from under-represented groups.
We’re disability confident. So, if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.
We also offer a wide-ranging benefits package,
which includes:
which includes:
- A generous pension contribution of up to 15%
- An annual performance-related bonus
- Share schemes including free shares
- Benefits you can adapt to your lifestyle, such as discounted shopping
- 30 days’ holiday, with bank holidays on top
- A range of wellbeing initiatives and generous parental leave policies
If you’re excited by the thought of becoming part of our team, get in touch. We’d love to hear from you.
At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.
We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.
