Sanctions Control Manager

JOB TITLE:  Sanctions Policy Manager.

SALARY: £65,385 to £79,915pa plus the benefits listed below.

LOCATION: Bristol, Leeds, Edinburgh.

HOURS: 35 hours, full time.

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of your time, at the listed hubs.

Why Lloyds Banking Group?

Like the modern Britain we serve, we're evolving. Investing billions in our people, data and tech to transform the way we meet the everchanging needs of our 26 million customers. We're embracing collaborative, agile ways of working, to help us deliver the best outcomes for our colleagues, customers and businesses. We're growing with purpose. Join us on our journey and you will too!

Key responsibilities for this role:

• Reviewing Sanctions Policy and assessing impacts of changes

• Managing risks and control effectiveness for Sanctions Policy

• Reviewing potential sanctions matches and determining a treatment strategy

• Maintaining Policy waivers

• Supporting Major Change to ensure sanctions requirements are captured and delivered

Your accountabilities will include:

• Leading on Sanctions Regulatory and Lloyds Banking Group (LBG) Policy requirements for Insurance, Pensions & Investments Division, part of LBG.

• Compliant execution of Sanctions standards across the Division ensuring fulfilment in line with risk appetite. Provide insightful, high-quality analysis, advice and guidance on Sanctions, executing control and tailored to senior stakeholder needs.

• Creating strong partnerships with senior stakeholders and influence business priorities whilst understanding future trends and requirements.

• Critically analyse data and prepare comprehensive proposals that update and influence senior stakeholders.

• Identifying best practices and ability to respond to changes in the internal and external business environment to secure best value for the Group and its customers.

• Applying expertise ensuring appropriate risk mitigation is embedded into the Sanctions control landscape.

• Providing constructive challenge, proactive support and insightful guidance relating to fraud and financial crime risk, control and compliance.

• Executing a range of risk management processes, procedures, and controls in support of the intelligence & data led risk management strategy, ensuring Job Description.

About you

• Must have experience of Sanctions regulation and how this is applied in a Life & Pensions business.

• Must have expert level understanding of Sanctions risks and has experience of developing mitigating actions tailored to the business needs.

• Able to provide analysis on key themes using data from a wide range of sources and identifies possible impacts on the business.

• Must have Line Manager experience and able to develop Financial Crime specialists to deliver effective risk and control management, driving improvements to Sanctions risks and controls.

• Can deliver actions and controls which drive improved overall policy compliance across the combined IP&I business.

About working for us

Our focus is to ensure we are 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 is why we especially welcome applications from under-represented groups.

We are disability confident. So, if you would 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

If you are excited by the thought of becoming part of our team, get in touch. 

We would love to hear from you!