Associate Director - Risk & Controls: Debt, Risk & Balance Sheet Management

London, Birmingham, Edinburgh
Competitive + benefits
02 Jun 2023
21 Jun 2023
Job Type
Contract Type
Full Time
End date

Wednesday 21 June 2023

Salary range

We support agile working

Click here for more information on agile working options.

Agile Working Options

Hybrid Working

Job description

At Lloyds Banking Group we’re driven by a clear purpose - to help Britain Prosper. Across the Group, our colleagues are passionate about making a difference to customers, businesses, and communities.

An exciting opportunity is available to join the Risk and Controls team within Debt, Risk & Balance Sheet Management (DRBSM) in Corporate & Institutional Banking (CIB).

Risk management plays an integral role in the delivery of our overall strategy, financial commitments, as well as being central to our customer journey, client insight, digitisation and innovation.

Reporting to the Director of Risk and Control, The role will be part of a team, who monitor and support numerous risk management processes and systems. We collaborate with colleagues across all 4 teams in DRBSM and across wider CIB and BCB teams. This enables us to manage risk, drive financial outcomes and develop our product offerings, to benefit our clients, colleagues and shareholders. We provide insightful, high-quality analysis, advice and guidance in risk, tailored to senior colleague needs.

Key Responsibilities:

  • Maintain relationships with key internal customers to build a robust risk framework, sharing knowledge across the team.
  • As part of the team, the role requires the planning and delivery of product and business risk requirements including embedding One RCSA and coordinate oversight of Product PREP logs and annual product reviews, working collaboratively with business risk partners and product teams where appropriate.
  • Provide input and challenge to risk reviews, led by Product Managers or external Risk partners such as CB Business Risk, Credit Risk Assurance, Conduct Compliance and Operational Risk, Legal and Audit.
  • Continuous risk management of the Debt, Risk and Balance Sheet management risk profile, including; management of Action Plans, Risk event validation, Control self-assessment and Operational Losses.
  • Support product and wider coverage teams with Route Cause Analysis (RCA) and be responsible for leading remediation and rectification activities.
  • Develop effective relationships and maintain a network across the business to keep informed of developments, horizon risks and business process risks and issues.
  • Provide input into the development of compliance and risk policies, developing underlying procedures and monitor their implementation.
  • Engagement in multiple, often transformational, projects - including, strategic growth, product improvements and technology developments.
  • Present risk analysis at our monthly risk forum and produce data submissions to Product Governance Committee and Risk Committee.

What skills are we looking for from you

Our innovative ways of working will guide everything we do - so we want people who are able to display the following qualities:
  • Inspiring, a strategic problem solver with a passion for outstanding customer experiences.
  • Intellectually curious in their outlook with an ability to absorb information and establish a fact base, to spot risk and inform decision making.
  • Leadership abilities, building trust and empowering teams using coaching techniques to provide constructive challenge.
  • Influencing skills - a key aspect of the team’s role is to challenge the business to make the best risk-based decisions.
  • Manage key partners and priorities, influencing at senior levels with a strong customer ethos.

What experience do you need to apply for this role

Risk Management - essential awareness of the overall risk framework as well as an awareness of the 3 Lines of Defence (3LOD) model. Understanding of the oRCSA Handbook and be able to demonstrate practical application of risk principles. In addition, a proven track record to identify, assess, monitor, control and mitigate risks to business is important. In this role, a knowledge of conduct, credit, operational and regulatory risks would be beneficial.

What can we offer in return?

As well as a competitive salary, you’ll receive:

  • A Discretionary Performance Share Bonus Award
  • Generous pension contribution
  • 30 Days leave plus bank holidays
  • Private health cover and access to Share Schemes

You'll enjoy our dedication to your ongoing personal and professional development. We'll help you perform at your best today, so you can fulfil all your potential in the future.

We're committed to building a workforce which reflects the diversity of the customers and communities we serve, and to building an inclusive environment where all our colleagues can be themselves and succeed on merit. We're an equal opportunity employer and deeply value diversity within our organisation.

We'll ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

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