Operational Risk Manager FTC till May 2025

London
£73521 - £81690 per annum + Benefits
10 Apr 2024
22 Apr 2024
110401
Lloyds Banking Group
Approved employer
Contract
Full time
Manager

JOB TITLE: Operational Risk Manager (FTC)

LOCATION(S): London Gresham Street

Salary:£73,531 - £81,610

HOURS: Full time

WORKING PATTERN: Hybrid, 40% (or two days) in our London Gresham Street office

About this opportunity

Group Corporate Treasury , Business Unit Control Function (BUCF) serves as the 1st line control function for GCT (Group Corporate Treasury), LEIL (Lloyds Equity Investments Ltd), and LBCM PLM (Lloyds Bank Corporate Markets, Prudential Liquidity Management).


The team's primary responsibility is to partner with the business to ensure various material business risks are continually identified, assessed, monitored, mitigated, and reported accurately - to minimise unintended losses to the business.

This role resides within the Operational Risk team within BUCF, but will frequently involve delivery of work across the full remit of BUCF responsibilities.


Day to day you'll be;

  • Acting as a risk champion and source of professional risk expertise to the business on the LBG Risk Management Framework and Group Policies - embedding a positive, continuous risk and control culture across the business.
  • Effectively partnering with a wide variety of business colleagues across GCT BUCF's remit - delivering timely risk and control assessments (e.g. RCSAs), through teamwork and effective challenge, to reflect the business' up-to-date risk landscape.
  • Performing deep dive reviews with the business to identify the root cause of any operational risk errors, identify control failings, and agree suitable mitigation to mitigate future reoccurrence/losses.
  • Analysing complex, sometimes ambiguous, information to produce timely and insightful analysis, recommendations and advice to influence key decisions.
  • Deliver both regular and ad-hoc risk and control reporting to various Risk Committees across GCT and LEIL.
  • Planning and executing agreed risk management projects, complete Organisational Design Impact Assessments, and support in wider colleague queries (e.g. CCOR, Audit, Regulators).
  • Acting as a representative for GCT BUCF within senior risk forums and committees.

About us

We're on an exciting journey to transform our Group and the way we're shaping finance for good. We're focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone. Including you.

What you'll need

  • Good grasp of core risk and control concepts, including experience in end-to-end risk identification, assessment and mitigation.
  • Ability to clearly communicate and tailor risk and control requirements to deliver tangible value to senior stakeholders in the business.
  • Self-starter - eager to learn, deliver independently, and operate under own initiative to anticipate, handle and resolve multiple priorities.
  • Confident influencing a wide variety of stakeholders through constructive challenge.
  • Inquisitive mindset and attention to detail - natural curiosity to dig deeper and get to the core of an issue, rather than just accepting what might initially appear to be the case.

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, *pro rata for duration of contract, which includes:

  • A generous pension contribution of up to 15%
  • An annual bonus award, subject to Group performance
  • 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