Investment Risk Regulatory Advisory Manager, Open to flexibility

Edinburgh, Central Scotland
£48,636 - £56,741 per annum + benefits
09 Mar 2018
23 Mar 2018
Lloyds Banking Group
Contract Type

Investment Risk Regulatory Advisory Manager, Open to flexibility

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.

An exciting opportunity has arisen within the Customer and Business Risk function who have responsibility for supporting the Scottish Widows Group CEO with the application and monitoring of the first line risk framework.

This newly created regulatory advisory role sits within the relevant Investment and Wealth business areas. Given the volume and complexity of the regulatory change within the Investment Management and Wealth sector, we are looking to recruit an experienced regulatory advisory manager into the Investment Risk team.

You will be responsible for supporting the business in evaluating how emerging regulation could potentially impact them whilst providing first line risk support to investment related regulatory projects impacting these business areas.

Knowledge / Experience

  • Experience of implementing and supporting regulatory projects.
  • Sound knowledge of the operational and regulatory complexities impacting the business, from strategic, operational and change perspectives.
  • Capability to provide constructive challenge in a project environment to ensure regulatory issues are addressed appropriately.
  • Strong project capability, including planning, resource management and delivery.
  • Understanding of the Insurance operational structure and the relevant key third party supplier arrangements.
  • Strong influencing, negotiating and coaching skills.
  • Good understanding of the UK Regulatory environment, in particular investment management regulation such as EMIR, MiFID II, COLL/FUND.
  • Good working knowledge of EU regulatory environment and how this is transposed into UK regulation.
  • Experience of working within an investment risk team or front office team in an investment management firm would be preferable, but not essential.

Key accountabilities

  • Support risk appetite, policy, regulatory requirements and risk management framework requirements relevant to the business.
  • As appropriate, work with the business change programme to support regulatory and business change initiatives.
  • Keep up to date with regulatory developments relevant to the Investment Management and Wealth sector.
  • For regulation that is expected to impact the business provide/or support an initial impact assessment to the Business for their review and consideration.
  • Maintain a tracker of regulatory developments relevant to the business area.
  • Acts as a source of professional expertise on regulatory Asset Management complexities.
  • Ability to review and communicate interpretations of regulatory regulation/legislation and articulate the impact to the business areas.
  • Ability to manage and lead across various, competing activities,
  • Builds and maintains an effective internal and external network of key stakeholders to establish understanding of the business and Regulatory environment and risks

You will have solid Investment Management knowledge and experience of relevant FCA regulatory rules.

Making you feel valued is important so we offer a highly competitive reward package - based on acting responsibly, and demonstrating our values and ethics. In addition to the salary range quoted this role offers an on target discretionary performance-related bonus, 4% of your salary paid to you in flex cash, 30 days holiday (plus bank holidays), life assurance, private medical care, share schemes and contributory pension contributions as well as the option to use your flex cash to pick from a wide range of benefits including childcare vouchers, holiday trading, matched learning fund, dental plan, retail vouchers and a range of discounted financial and protection products.

Our culture within Insurance brings together smart, talented, people from diverse backgrounds that enjoy a collaborative and innovative environment supporting flexible and agile working.

Together we make it possible.