Senior Manager - Market Integrity, Trade Surveillance & Supplier Oversight

JOB TITLE: Senior Manager - Market Integrity, Trade Surveillance and Supplier Oversight

LOCATION: 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

Lloyds Bank is seeking a senior leader to establish and support the Trade Surveillance function, with end-to-end accountability for third-party surveillance technology and data providers.

The Senior Manager will ensure compliance with UK and global market abuse regulations while maintaining strong governance over critical surveillance suppliers. The position plays a key role in protecting the Bank, its clients and financial markets from misconduct risk, while ensuring supplier resilience and regulatory alignment.

Key Responsibilities

Trade Surveillance & Market Integrity

• Support the Bank’s surveillance framework across fixed income, FX, rates, commodities and derivatives, ensuring effective monitoring for insider dealing, manipulation, spoofing and other market‑abuse risks.

• Optimise surveillance models, thresholds and scenario design to strengthen risk sensitivity and reduce false positives.

• Define and embed the Market Integrity strategy, maintaining governance around conflicts of interest, information barriers, personal account dealing and conduct risk, and ensuring alignment with Conduct Risk, Operational Resilience and ERM frameworks.

Supplier & Third‑Party Oversight

• Hold executive accountability for surveillance technology vendors and data providers, ensuring robust third‑party risk management aligned to FCA/PRA expectations.

• Manage supplier performance, SLAs, issue remediation and continuous improvement, while ensuring contractual clarity on model ownership, data quality, IP and regulatory access rights.

• Partner with Procurement and Supplier Management on concentration risk, substitution planning and contract finalisation, embedding operational resilience (scenario testing, impact tolerances) across critical services.

• Lead executive‑level governance with strategic suppliers.

Regulatory & Partnering Engagement

• Act as the Bank’s senior regulatory contact for trade surveillance, market conduct and outsourced arrangements.

• Lead regulatory reviews, thematic assessments and internal audits, and provide data‑driven reporting to Executive and Board forums on surveillance effectiveness, third‑party risk and emerging threats.

Technology, Data & Model Governance

• Be responsible for surveillance platform architecture, data‑ingestion controls and model‑validation standards.

• Govern advanced analytics, scenario calibration and algorithm transparency, maintaining model‑risk documentation and independent validation.

• Drive automation and analytical enhancements while ensuring regulatory defensibility.

Leadership & Culture

• Lead and develop a high‑performing team across surveillance and supplier governance.

• Foster a culture of accountability, transparency and proactive conduct‑risk management, delivering training and awareness to Front Office and Control Functions.

What You’ll Bring
 

Essential

• Significant experience in Trade Surveillance, Market Conduct or Compliance within a large financial institution.

• Demonstrated oversight of critical third‑party suppliers, ideally within regulated outsourcing frameworks.

• Strong knowledge of UK regulatory expectations across outsourcing, operational resilience and market abuse.

• Direct experience engaging with regulators at senior level.

• Strong commercial foresight with the ability to challenge supplier performance, value, and contractual terms.

• Strong partnership and influencing skills at Executive and Board level.

Desirable

• Leadership experience across both surveillance and supplier‑management teams.

• Familiarity with advanced or model‑enabled (AI) surveillance and RegTech solutions.

• Experience managing global or multi‑jurisdictional outsourcing arrangements.

About Working For Us

Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities and we’re committed to creating an environment in which everyone can thrive, learn and develop. 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.
 

We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme. We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.

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🚀