Execution and Transition Risk Data Senior Manager

End Date
4 May 2019
Please note, this vacancy will close at 00:01am on the specified closing date rather than 11:59pm. Please ensure all applications are received before 00.01am on the specified closing date.

Salary Range
£55,800 - £74,400

We support agile working - click here for more information on agile working options.

Agile Working Options
Other Agile Working Arrangements / Open to Discussion

Job Description Summary
In summary, the purpose of this role is to analyse, investigate and evaluate risk, develop policy recommendations, and challenge and advise the business to ensure risks are understood, mitigated and controlled.

Job Description
Please note - The salary guide for this role is £55,800 to £105,480 per year, depending on experience and location.

Lloyds Banking Group is the UK's leading Digital Bank and biggest mobile bank with nearly 14 million active online customers across our three brands. Now that we have already created the market leader in digital banking, we are on a journey to create the bank of the future, for which we are investing £3bn across platforms, people and data capabilities to truly become the best bank for customers.

COO BUSINESS RISK:

We love to do things differently in COO Business Risk.

• We encourage our employees to challenge the status quo and to come up with new and innovative idea.
• Putting our customers first is a priority for us.
• We make it our priority to make sure that we add value and make thing cost effective for our customers;
• Our people are our greatest asset and are an integral part of our success.

Our vision is to be the best first line risk team in banking. Our purpose is to help the Group achieve its strategic objectives in a safe and controlled way.

OUR PURPOSE

• To be the Leading 1st Line Risk Function in Financial Services in the UK
• Work collaboratively to guide, support and challenge on all risk related matters.
• Responsible for the successful delivery of the risk agenda against internal and regulatory requirements.
• Look for solutions to enable the business to achieve its goals in a compliant manner.
• Facilitating Group Transformation's key external regulatory relationships.

OUR PRIORITIES

• Ensure compliance with regulatory requirements and delivering positive outcomes for customers.
• Protect Group Transformation & CIO by supporting the business to identify report and mitigate risks.
• Gain insight through data, to develop an enhanced risk management framework, supporting fair sustained customer outcomes.
• Work directly with teams to help mitigate risk and aid smooth transition along the life-cycle of a project.
• Transform the bank in a safe and compliant way

The Execution and Transition Risk Data Senior Manager role

This newly created role represents an opportunity for a Senior Manager or an Experienced Manager looking to take the next step in their career to work at the heart of on-going development of LBG's Execution & Delivery Risk Framework. You'll enable COO Business Risk to influence the way the Group defines and monitors Execution & Delivery risk, ensuring that Change is executed in a safe and controlled manner, business and customer outcomes are achieved, and risks managed.

Supporting the Head of Execution Risk, you'll look to improve processes for identifying, measuring and managing Execution & Delivery Risk within the Value Streams and Enterprise programmes, in addition to looking for ways to improve efficiency and accelerate the MI production process. You should also be comfortable using data analysis tools and able to gain meaningful insight from data.

As an Execution and Transition Risk Data Senior Manager, you'll engage with senior stakeholders within Group Transformation on a regular basis, bringing them on the journey as the management of Execution & Delivery Risk continues to evolve.

Key Accountabilities:

The team will work together in a non-hierarchical way, where every colleague brings their own skills and knowledge to the table and contributes in the best way they can to the team backlog (a prioritised list of work) and success. As such, the allocation of tasks between colleagues will be flexible rather than fixed by "grade". The core responsibilities of the team include:

• Development of the Execution Risk Framework [Working with Change Policy team, Process owners and COO Business Risk around the Group, and 2LOD teams]
• Cross group development and project management of the developing Execution risk framework
• Cross group reporting & engagement on Execution risk (e.g. supporting TD reporting into Divisional Risk Committees on the topic, explaining the framework)
• GSR3 & GRC Reporting on Execution Risk [Working with Group Executive offices; Change Policy & Investment Management teams]
• Reporting to Group BSC team on Group BSC Measure for Execution Risk, and maintaining evidence as required to substantiate performance reports.
• Support the Director in writing Regulatory updates as and when required, and managing any actions committed to supervisory teams.
• Continuous improvement of the Execution Risk MI and reporting suite
• Automate reporting & Develop innovative data visualisation techniques to improve understanding and communication of Execution Risk data
• Triage incoming demands on our team, add to Kanban board and facilitate weekly backlog grooming by the Head Of as required.
• Support the Head of and Director as necessary in preparing updates for senior meetings, committees etc.
• Using data from disparate sources to drive insight. Members of the team need good numeracy and good presentation skills.

Skills and Experience Needed:

• Self-driven, highly motivated with an appetite for Risk management and a track record of strong performance.
• Has extensive experience in risk management and in how the Group delivers change (today and tomorrow) and derives value from risk management, to make good risk decisions, and to drive continuous improvement.
• Can operate in an ambiguous and constantly changing environment making use of available data to make good decisions and be prepared to provide subjective insightful views backed by appropriate data in simple ways.
• A capable communicator, who can develop and utilise a personal network across the organisation, confident and effective in dealing with senior stakeholders.
• Not afraid of challenging the status quo and advising senior leadership within the programme, doing so in a way that is collaborative, supportive and encourages them to improve and embed new ways of working.
• Self starter who is able to work without the need for constant guidance and direction; knowing when to escalate key concerns to senior management within the Programme and COO Business Risk

So why should you choose COO Business Risk for the next stage in your career?

• We will encourage you to do what is right and empower you to make the right decision.
• We will invest in your career with development plans and opportunities to grow and learn.

We believe in supporting colleagues to achieve their potential - delivering the best outcomes for customers and society. And our scale enables us to offer genuine opportunities to have a fulfilling career, whatever your ambitions.

Making you feel valued is important to us so we offer a highly competitive reward package - based on acting responsibly, and demonstrating our values and ethics. In addition to the salary you can expect the following as part of your total reward package:

• On target discretionary performance-related bonus
• 4% of your salary paid to you in flex cash
• 30 days holiday (plus bank holidays)
• Car or cash allowance
• Life assurance
• Private medical care
• Share schemes
• Contributory pension contributions

Do you want to be part of an inclusive, values-based culture passionate about making a difference? If you aspire to work in an innovative, digitally-led environment that moves at pace, join us for our journey and we'll help you fulfill yours. We need talented people like you if we are to continue to innovate, collaborate and adapt to meet the on-going needs of our customers. Come and be a part of a Group that wants to be known for putting the customer first; a company that keeps it simple; a place where we make a difference together. We're an equal opportunity employer and deeply value diversity within our organisation.

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'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.