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Head of Regulatory Controls, CIB

Lloyds Banking Group
Flexible, United Kingdom
Closing date
29 Apr 2024

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Job Details

End Date
Wednesday 01 May 2024

Salary Range
£0 - £0

We support flexible working - click here for more information on flexible working options

Flexible Working Options
Hybrid Working, Job Share

Job Description Summary

Job Description

JOB TITLE:Head of Regulatory Controls, CIB

SALARY:£111,000 - £144,000

LOCATIONS: Flexible.
Our main hubs are: Birmingham / Bristol / Edinburgh / Glasgow / London


WORKING PATTERN:Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites

About This Opportunity

The Corporate & Institutional Banking (CIB) business is creating new digital and market leading propositions. Our business is evolving at pace to ensure we remain relevant for our clients today and tomorrow, in an increasingly competitive, volatile and digitally led environment. The Head of CIB Regulatory Controls play a significant role in this transformation, by providing first class regulatory control expertise to ensure the CIB strategy is delivered safely.

You'll be accountable for driving the risk and control environment vision and strategic priorities for regulatory controls operated by the CIB Chief Controls Office. You'll work with your peers to ensure, End-to-End Accountabilities, RCSA, and Control by Design is embedded across CIB with regards to regulatory controls.

You'll be a regulatory subject matter expert, ensuring CIB [and the Business & Commercial Bank (BCB) where applicable, from a shared service perspective] maintain compliance with regulatory requirements, including but not limited to Cross Border, Ringfencing and the Senior Manager and Certification Regime.

Key accountabilities:
  • Provide support and facilitate subject matter expertise to manage and monitor CIB’sregulatory and legal obligations, including standard methodology guidance regarding Governance, Legal & Regulatory risks facing CIB.
  • Ownership of the CIB Regulatory Development Forum using the Group’s horizon scanning tool to share and ensure appropriate assessment and onward ownership of items raised.
  • Coordination for CIB Regulatory Reforms (Wholesale Markets Review, Edinburgh Reform, FMSB) development review, business assessment and secretariat for Working Groups/Steering Committees.
  • Coordinate/embed One RCSA Compliance Traceability methodology (CIB RFB & LBCM UK) and back book mapping.
  • Provide specialistCross Bordersupport to all CIB & BCB business (RFB), GCT and LBCM (excluding Channel Islands) including managing daily cross border requests, providing guidance on cross border issues, facilitating forums with Legal, 2LOD and external counsel.
  • Ensuring that appropriate controls are in place to mitigate cross border risk and that cross border related decisions are aligned to the needs of the business as far as practical, whilst ensuring the risk position is protected.
  • Support the CIB businesses in meeting regulatory obligations under theSenior Manager and Certification Regime (SMCR)
  • Provide hands-on guidance, support and monitoring on all aspects of SMCR to ensure CIB meet Group and FCA expectations regarding the Certified population identification and management.
  • Ownership, maintenance and enforcement of the CIB Certification T&C scheme including administration of CPD
  • Dealer mandate administration for relevant divisions including international and Support compliance with NFA and CFTC swap dealer requirements
  • Ensure adherence to theRing Fenceperimeter, and swiftly resolve any issues. Provide advice and guidance to BCB & CIB colleagues regarding continued compliance with Ring Fencing, and influence RFB-wide practice.
  • Embedding and maintaining an effectiveConflict ManagementFramework, including co-ordination of the annual Mapping exercise

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
  • Strong risk management expertise and understands the current regulatory environment and impacts on CIB (including key drivers and challenges facing CIB colleagues and clients.)
  • Experience of managing regulatory relationships.
  • Excellent communication and influencing skills at a senior level. Builds partnerships and works collaboratively with others to meet shared objectives.
  • Experience of leading large, successful teams and holds overall responsibility for leading, inspiring and engaging a large and diverse team to deliver customer, regulatory and business strategic outcomes.
  • Evidence of excellent judgement in decision making and interactions in regards to risk and control issues / incidents / events.

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:
  • 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

This is a once in a career opportunity to help shape your future as well as ours.Join us and grow with purpose.

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.


We’re creating an organisation that attracts, retains and develops the best talent in the industry, and one that openly embraces diversity too. But more than that – we want to be a great place to work. We invest in our people, offering the best training and coaching, and by encouraging them to contribute to our leading corporate and social responsibility practices. We offer flexible working hours and days, under our Work Options scheme. This means that you can have a challenging and rewarding career, and still have an ideal work/life balance.

Flexible working is at the heart of our strategy. We’re re-imagining where, when, and how our people work, with new approaches designed to meet the ever-changing needs of customers and colleagues. These include increasing our use of remote-working tools and technology, as well as placing less reliance on a 9-to-5 mindset. For many of our office-based colleagues, we work in hybrid ways which involves spending at least two days per week or 40% of their time at one of our office sites.

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