Lloyds Banking Group

Head of Economic Crime Prevention, Risk

Lloyds Banking Group

full-time

Posted on:

Location Type: Hybrid

Location: London • United Kingdom

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Job Level

Lead

About the role

  • Providing leadership and strategic direction on economic crime prevention (AML; Sanctions; Fraud and Anti-Bribery) across the LBCM business
  • Providing oversight of compliance with economic crime obligations – as defined by regulation and the Group ECP Policy – and act as a focal point for LBCM’s ECP activity
  • Ensuring LBCM has an ECP risk management framework which is sufficient to effectively manage the entities’ ECP exposure
  • Working with LBCM and the Group’s first line ECP teams and the business to challenge and support the effective identification, assessment and escalation of ECP risks
  • Ensuring the LBCM CRO, LBCM CEO and LBCM Board are fully engaged and apprised of any material ECP issues
  • Managing FCA engagement for any ECP matters pertaining to LBCM that require regulatory dialogue

Requirements

  • Extensive experience and qualification in Economic Crime Prevention, in the setting of a wholesale markets firm
  • Strong knowledge of UK regulatory frameworks, including sourcebooks and relevant legislation to the business
  • A curious, proactive mindset with a willingness to lead from the front
  • A Critical thinker with the ability to challenge first line teams and provide an independent qualitative and quantitative assessment of risks
  • Deep understanding of Risk Management Frameworks and toolkits
  • A breadth of knowledge and experience across the key businesses of LBCM and the wider financial services industry, particularly with regards to wholesale market operations, commercial banking and trading with the ability to interpret economic, political and social trends
  • A strong track record of delivering outcomes, shaping risk appetite, and embedding effective controls
  • High standards of conduct and regulatory integrity with a commitment to the interests of customers
  • Strong corporate governance understanding and ability to delegate effectively
  • Excellent communication skills with the ability to build open, constructive relationships at senior levels — including Boards, Executive teams and regulators
  • Experience providing constructive challenge to first line teams and navigating shared service environments
Benefits
  • 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
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
Economic Crime PreventionRisk Management FrameworksRegulatory ComplianceQuantitative AssessmentQualitative AssessmentWholesale Markets KnowledgeCommercial Banking KnowledgeTrading KnowledgeAMLSanctions
Soft Skills
LeadershipCritical ThinkingProactive MindsetCommunication SkillsRelationship BuildingDelegationConstructive ChallengeIntegrityOutcome DeliveryCorporate Governance