Manager - Finance Chief Control Office

Lloyds Bank Corporate & Institutional
Edinburgh, IN Full Time
POSTED ON 6/4/2024 CLOSED ON 6/21/2024

What are the responsibilities and job description for the Manager - Finance Chief Control Office position at Lloyds Bank Corporate & Institutional?

Job Description

JOB TITLE: Manager - Finance Chief Control Office

LOCATION: Edinburgh or Bristol

HOURS: Full time

WORKING PATTERN: Hybrid, 40% (or two days a week) in our Edinburgh or Bristol office.

About This Opportunity

This role presents an opportunity to join the newly formed Finance Chief Control Office team within Group Finance Support (GFS) & Finance Data Analytics Office (FDAO) to co-ordinate and deliver a broad range of activities that focus on how Group Finance as a function manages its Non-Financial risk.

This manager role is within our Control Optimisation & Testing team which is a core part of the Finance Chief Control Office. We're on an exciting journey and there couldn’t be a better time to join us. We're putting 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 they face. We're building a team where our colleagues are valued and supported to become experts in what they do and grow their careers. We want colleagues to feel connected to our Group strategy and understand how their role fits into it supporting Finance deliver its objectives for Non-Financial risk safely.

Within this role you'll support in the development and implementation of a plan to test Group Finance Non-Financial risk controls, monitoring the control environment to ensure alignment to the Group’s Enterprise Risk Management Framework (ERMF).

There will also be opportunity to support the wider Control Office team in shaping our plans to optimise and automate the control environment to enable the delivery of customer, regulatory and business strategic outcomes.

GFS & FDAO operates in a team culture and you'll be expected to work effectively as part of the wider team, collaborating to solve problems and sharing knowledge. There are always new issues to investigate and resolve, starting every single day with a desire to learn and improve is critical for success in role.

What You'll Be Doing

You'll play a key role in analysis and investigation of the Finance Non-Financial Risk control environment to support robust risk management in alignment with the Group’s Enterprise Risk Management Framework (ERMF).

  • Support in the design, implementation and maintenance of a structured programme of data-led control monitoring for Finance
  • Control monitoring extends to all activities to demonstrate adherence to all non-financial risk requirements under related risk policies
  • Supports Finance in ensuring controls are operated within the requirements of all compliance, operational and conduct risk policies, standards, and methodologies.
  • Manages relationships with risk and control owner teams and acts as their control management business partner
  • Manage, monitor and test the effectiveness of designed controls to support the delivery of regulatory and operational risk objectives within stated risk appetite and provide consistently fair outcomes for customers
  • Assists the development of the first line control management centre of excellence that supports safe growth and enables high quality customer service.
  • Supports the development and implementation of the control strategy to ensure there is a clear understanding of both the design and operating effectiveness of the control environment across e2e business processes.
  • Supports the wider Finance control office team in the development and implementation of process and control mapping against strategy
  • Leverage insight on controls to identify issues and deliver remedial actions as appropriate.
  • Supports wider Finance control office in the risk owner support of the remediation plans to address High Priority Actions/Audit findings.

About Us

If you think all banks are the same, you’d be wrong. We’re an innovative, fast-changing business that’s shaping finance as a force for good. A bank that’s empowering its people to innovate, explore possibilities and grow with purpose.

What You'll Need

We’re looking for a risk professional, ideally with a qualification and experience in a related field (audit, risk management, accounting) or, alternatively, having gained expertise through experience in a related function along with:

  • Existing operational expertise aligned to management of Non-Financial Risk across Operational Resilience, Security, Sourcing, Compliance, Economic Crime, Change and IT systems within a Finance function.
  • Strong understanding of control management and the practical implementation across relevant business area with a record of leading control design, optimisation, testing and monitoring activities.
  • Strong ability to understand and assimilate different sources of data and complex information to effectively problem solve and make relevant conclusions and recommendations.
  • Builds partnerships and works collaboratively with others to meet shared objectives. Able to work effectively with all other lines of defence and understands the different but complimentary roles.
  • Future focused by being able to conceptualise and articulate a customer centric desired end state that has clear line of sight to our Group Strategy. Inspires others by gaining followership and commitment to future action through personal integrity and collaboration; demonstrating an inclusive approach.

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 bonus award, subject to Group performance
  • 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.
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