Manager, Regulatory Change & Inititatives

  • GBP51000 - GBP74000 per annum + benefits
  • London, England, United Kingdom
  • Permanent, Full time
  • Lloyds Banking Group
  • 26 Sep 16

Manager, Regulatory Change and Initiatives, Lloyds Banking Group

Our vision is to make Lloyds Banking Group the best bank for customers. As the UK's largest retail and commercial bank, we have a footprint that touches nearly every community and household in the UK. That gives us a big responsibility to support the UK economy, and to put customers at the heart of everything we do. To achieve this, we also need to be the best bank for our colleagues and our communities - and we have a clear strategy in place to make this a reality. We are building on our many strengths: iconic brands, strong heritages and great people. To unlock the great potential in our business, we are becoming more efficient, more transparent, and more responsive to customers. Already the UK's largest community investor, we are giving even more back. Above all, we are putting customers first.

Through our brands, our Group has a relationship with just about every household and community in the UK. We underpin the lives of millions of individuals and businesses, and play a key role in helping to create a thriving UK economy.

To help Britain prosper, everyone in the Group is working to meet the needs of families, businesses and communities across the UK.

The Conduct, Compliance & Operational Risk (CCOR) team seek to enhance control and enable sustainable growth for Lloyds Banking Group through delivery of proactive support and constructive challenge to the business.

The CCOR team has responsibility for business oversight and assurance activities in relation to Conduct & Compliance, Operational Risk and Financial Crime; in addition to implementing the Conduct Strategy, managing the People Risk Agenda, liaison with the regulators and managing Insurable Risks for the Group.

The changing regulatory environment and focus, makes this an exciting time to join one of the fastest growing areas in the financial services industry and contribute to the Group vision to be best bank for customers.

Lloyds Banking Group is committed to building a workforce which reflects the diversity of the customers and communities we serve, and to creating an inclusive workplace where all our colleagues can be themselves and succeed on merit. We are committed to the principles of agile working and we will be pleased to consider applications from candidates wishing to work any flexible arrangement. We are proud of the industry recognition we have received, including Stonewall Top 100 Employer, Top 30 Employer for Working Families, Gold Standard 2014 from the Business Disability Forum and Top 50 Employer for Women. So if you consider yourself a good match for the below role, we would welcome your application.


The Regulatory Change & Initiatives team scans the horizon to ensure that all new regulatory changes are captured, analysed and communicated to the Commercial Banking business. The team provides second line oversight of the implementation of regulatory change across Commercial Banking. The team manages Commercial Banking's relationship with its regulators, ensuring that regulatory requests are dealt with in an open and timely manner. This role involves analysing, communicating and overseeing the implementation of regulatory change and initiatives impacting Commercial Banking. It requires overseeing the implementation of new rules in such a way as to ensure a framework of controls and procedures are developed by the business that will deliver compliance with the change. The role also involves regular interaction with our regulators to meet their requests. The candidate will need to demonstrate knowledge of relevant regulation, will have existing compliance experience, and will have some experience of implementing regulatory change.

In return, we offer a highly competitive reward package - based on acting responsibly, and demonstrating our values and ethics. Our package includes an on target discretionary performance-related bonus, 4% of your salary paid to you in flex cash, car allowance, 30 days holiday (plus bank holidays) private health cover, share schemes and a generous pension contribution along with colleague products and discounts.