Manager, PSR & BCOBS, Retail Risk Specialist

Embark on a pivotal role within one of the UK's most significant financial services transformations as a Manager, PSR & BCOBS, Retail Risk Specialist. This is a compelling 12-month fixed-term contract opportunity, ideal for experienced risk and compliance professionals looking to make a substantial impact.

This position, based in various prime UK locations including Leeds, Birmingham, Bristol, Newport, Edinburgh, and Halifax, offers a competitive salary range of £65,385 - £79,915. The role operates on a full-time basis with a flexible hybrid working model, requiring a minimum of two days per week (or 40% of your time) in one of the designated office sites. This blend of in-office collaboration and remote flexibility supports a modern work-life balance.

Advantages for Candidates:

• Strategic Impact: You will be at the forefront of a major financial services transformation, directly contributing to shaping the future of the industry.
• Career Development: This role provides invaluable experience in large-scale change delivery, deep compliance expertise, and stakeholder management within a leading financial institution. It's an excellent stepping stone for those aiming for senior risk and compliance leadership roles.
• Exposure to Key Regulations: Gain hands-on experience and deepen your understanding of critical UK regulations such as BCOBS, PSRs, PROD, and the Consumer Duty, which are essential for a thriving career in retail financial services.
• Collaborative Environment: Work closely with Risk and Control owners, specialist teams, Audit, and external regulators, fostering a rich environment for learning and professional growth.
• Data-Led Approach: The role emphasizes the development and implementation of data-led control objectives, aligning with current industry best practices and technological advancements in compliance.
• Customer Advocacy: Champion customer interests by providing clear, commercially astute advice on policy interpretation and regulations, ensuring compliant and customer-centric solutions are co-created.
• Comprehensive Benefits: Beyond the competitive salary, candidates will benefit from a generous pension contribution (up to 15%), an annual performance-related bonus, share schemes, adaptable lifestyle benefits, 30 days' holiday plus bank holidays, and a strong focus on wellbeing and parental leave policies.
• Inclusive Culture: Lloyds Banking Group is committed to fostering an inclusive environment, celebrating diversity, and supporting initiatives for under-represented groups and specific health needs. They are a disability-confident employer, offering reasonable adjustments to the recruitment process.

Key Considerations for Candidates:

• Fixed-Term Contract: This is a 12-month contract. Candidates should assess if this duration aligns with their long-term career aspirations and financial planning.
• Regulatory Expertise Required: A strong existing foundation in UK retail product and payment regulations, specifically BCOBS, PSRs, PROD, and Consumer Duty, is crucial for success.
• Senior Stakeholder Engagement: The role demands confident and effective engagement with senior stakeholders, requiring strong influencing and communication skills to support decision-making.
• Attention to Detail: The job description highlights the need for "exacting standards and ruthless attention to detail," indicating that precision and accuracy are paramount.
• Hybrid Working Expectations: Be prepared to adhere to the hybrid working policy, which involves a structured balance between office-based and remote work.
• Business Partnering Experience: While not explicitly mandatory, previous experience in business partnering within a Retail Specialist role is considered a valuable asset, suggesting a preference for candidates who can integrate seamlessly with business units.

This Manager, PSR & BCOBS position offers an exceptional opportunity to contribute to a significant financial transformation while enhancing your expertise in a dynamic and supportive environment. If you possess the required regulatory knowledge, stakeholder management skills, and a passion for driving good customer outcomes, this role is an excellent avenue for career advancement.