Risk Analyst - Payments, Open to flexibility

London, Central Scotland
£34,983 - £48,236 per annum
11 Apr 2018
30 Apr 2018
Lloyds Banking Group
Contract Type

Risk Analyst - Payments, Open to flexibility

At Lloyds Banking Group we've built the UK's largest Digital Bank. We have increased the number of active online banking users to 12.5 million, with mobile users increasing to over 8 million. We invested £750 million in digital between 2012-2014 and have committed a further £1 billion in the three years to the end of 2017 to provide our customers with the opportunity to bank with us how, when and where they want to. We strive daily towards our vision of being the best bank for our customers, and we're well on our way thanks to the efforts of our people and their passion of making a difference.

The Group has approximately 40% of the nation's domestic payments passing through its systems, processing tens of billions in value on a daily basis. Our Payments IT team is at the heart of it all as we strive to become the best bank for customers.

Reporting into the Payment Systems Risk Manager, you will perform a key role in developing and maintaining an effective risk and control framework across a dispersed organisation. As a risk professional you will guide and advise colleagues on risk identification techniques, conduct impact analysis, challenge the management of risks and ensure mitigating controls are in place whilst driving risk resolution.

Together we make a difference…

Your Responsibilities will include:

  • Working with our project teams to integrate operational risk management and projects, ensuring risk remediation is included into project scope and newly identified threats are absorbed into the operational risk log via robust governance.
  • Organise and lead senior level risk forums to ensure appropriate governance and oversight of risks.
  • In meeting regulatory requirements assist with the implementation and monitoring of controls with Critical Business Processes, enabling executive attestation on the effectiveness of controls across Payment Systems.
  • Help Coordinate and review the currency and resiliency position of Payment Systems applications that support CBPs.
  • Assist with identifying suitable funding vehicles to remediate threats and help create funding submissions for the Technology Resilience Programme.
  • Establish and maintain strong relationships with Group Audit to ensure audits are supported and management actions are captured and tracked to closure.
  • Help develop processes across Payment Systems to improve governance and oversight of BAU activities. Where weaknesses are identified conduct reviews to inform senior leadership of potential improvements and best practice.
  • You will be expected to have a good knowledge of the payments industry and a technical understanding of payments engines, gateways and accounting platforms.

The Payment Systems director is responsible for 8 Critical Business Processes (CBPs) and 38 applications critical to many of LBG's CBPs, the role also requires familiarity with these and the regulatory controls in place. Furthermore, the successful candidate will have strong communications ability and will be required to prepare senior level briefings to articulate threats and persuade funding decisions. At times you may be required to host risk meetings with the director of Payment Systems and on a monthly basis lead some of the risk forums for Heads of Systems.

The successful candidate should have experience in the following:

  • A good knowledge of operational risk management.
  • Good understanding of the Payments industry and regulatory oversight.
  • A working knowledge of Critical Business Processes and control testing.
  • Communicating with wide range of stakeholders including senior leaders or industry equivalent.

In return we'll offer you a great package including a performance related bonus, generous pension contribution, 28 Days leave plus bank holidays, a flexible cash pot to spend on benefits and other wider corporate benefits and perks.

We also support work/life balance friendly options such as occasional home-working and we're passionate about diversity in the workplace.

So if you're excited by high-value, large-scale Big Data transformations, and you've the skills and background we're seeking, then do get in touch - we'd like to hear from you…

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