Head of Financial Markets Conduct Compliance

JOB TITLE: Head of Financial Markets – Conduct & Compliance

LOCATION(S): London

HOURS: Full-time

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

Our CIB franchise serves the financial needs of large clients (>£100m turnover) who have a strong link to the UK from our bases in the UK, USA and Europe that support our ability to Help Britain Prosper. Our purposeful, disciplined growth strategy builds on our expertise in transaction banking, debt financing and risk management.

As Head of Financial Markets Conduct & Compliance, reporting to the Director of CIB & BCB Conduct and Compliance, you’ll lead on the approach and implementation of compliance risk management policies, risk appetite, and control objectives to enable the delivery of client, regulatory and business strategic outcomes across three key business areas:

• The Financial Markets businesses within Lloyds Bank Corporate Markets

• The Group Treasury functions

• The Business Commercial Banking, “BCB”, Traded Markets business

We’re on an exciting journey and there couldn’t be a better time to join us. We’ve put in place a fresh operating model for Non-Financial risk management across the Group, empowering our people to take end-to-end accountability for managing the risks that they face.

Day to day, you will:

• Leading a team of nine Compliance officers supporting the three business areas.

• Manage the Conduct and Compliance relationships with senior Business Partners, Product Risk and Control owner teams to help deliver commercial compliance advice to support client, business and strategic outcomes.

• Provide compliance advice and oversight on the application of Group Compliance policies and procedures across the businesses – this will include:
  - FCA COB, MAR, SYSC and SUP Handbook rules
  - New products and service approvals
  - Trading Venue rules and operational requirements
  - FMSB Practice Standards and the Global FX Code
  - Electronic Trading rules
  - Trade supervision and authorised trading control standards
  - Post trade compliance trade and transaction reporting
  - Ongoing oversight of the LBG Swap Dealer Compliance programme

• Participate in entity governance forums and committees and deliver high quality compliance reporting to various governance bodies.

• Lead the design and implementation of Conduct & Compliance Risk policies (eg Market Conduct) and risk appetite, including tolerances and thresholds.

• Provide Technical Market Abuse SME support on the investigation of Surveillance alerts and technical advisory input on Compliance Reviews led by the Compliance Monitoring and Testing Team.

• Delivery of high quality Compliance Induction Training for new joiners and annul refresher training for colleagues.

• Supervise the interpretation of new and existing regulations, highlighting the direction of travel and anticipating the impact of the proposed changes across the whole Group as part of Horizon Scanning Programme.

• Ad hoc project support on Compliance Projects, Business Transformation etc.

• Act as one of the Group’s specialist Conduct & Compliance Risk leaders, lead and represent the organisation, building strong relationships with external partners, in particular regulators and other governing bodies.

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 ever-changing needs of our 26 million customers. We’re growing with purpose. Join us on our journey and you will too

What you’ll need:

• Leadership – Excellent team leadership skills with evidence of coaching to go faster by demonstrating commitment to create an environment that builds teams skills and better ways for the organisation to change at pace.

• Advisory compliance expertise  – Able to demonstrate 10+ years in the Financial Industry, with relevant experience of having worked in and led Compliance Advisory teams in a peer group firm.

• Technical Knowledge – A strong record as a technical expert in relation to Rates, FX and Commodities Compliance and the related rules and regulations.

• Influencing – Demonstrate ability to build partnerships, working collaboratively with others, with the ability to support leadership and risk owners make risk-based decisions consistent with risk appetite.

• Strategic Decision Making – Making good and timely decisions that keep the organisation moving forward and skilfully balances difficult trade-offs with the ability to understand and assimilate different sources of data and complex information.

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

Want to do amazing work, that’s interesting and makes a difference to millions of people? Join our journey.