Head Of Risk Oversight – Lloyds Wealth

Overview

In this role, you will provide independent second-line oversight for Lloyds Wealth, ensuring regulatory and conduct risk frameworks align with board-approved risk appetite. You’ll partner with senior leaders to challenge and guide risk decisions while shaping risk culture across wealth, financial planning and retirement services. You’ll lead regulatory engagement, drive control improvements and leverage data/tech to strengthen oversight in a highly regulated environment. This is a high-visibility leadership position that supports sustainable growth and exceptional customer outcomes.

Pay / Benefits

• up to 15% pension contribution
• annual performance-related bonus
• share schemes including free shares
• discount shopping benefits
• 30 days’ holiday plus bank holidays
• wellbeing initiatives and parental leave policies

Responsibilities

• Delegate to the SMF16 Compliance Oversight Function Holder to maintain an effective compliance framework
• Lead second-line oversight of distribution, advice and related activities with robust challenge and independent assurance
• Provide expert advice and strategic direction to senior management, exec committees and boards on Wealth Management
• Own the firm’s compliance plan, conduct strategy and support Consumer Duty outcomes
• Oversee SMCR controls including Training & Competency, adviser licensing, certification and ongoing fitness and propriety
• Review regulatory developments and lead regulator engagement where appropriate
• Drive continuous improvement of the control environment through data-driven insights and adoption of emerging technologies

Key requirements

• 5+ years in a Wealth Management environment
• Significant senior leadership experience in Compliance, Conduct Risk, Regulatory Oversight or broader Risk functions within retail wealth management or financial advice
• Deep understanding of FCA requirements for wealth management, Consumer Duty, conduct risk, SMCR and related frameworks
• Proven experience engaging with regulators and building partnerships
• Strong knowledge of risk management frameworks, monitoring techniques and regulatory risk trends with ability to influence at Executive, Board and Committee level
• Passion for innovation and continuous improvement, using data and technology to strengthen oversight and control

• stakeholder management
• leadership and people management
• commercial awareness with customer outcomes focus
• risk management frameworks
• compliance monitoring techniques
• data-driven insight

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