Senior Manager, Economic Crime Prevention, LBCM

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Job Description Summary

Job Description

JOB TITLE : Senior Manager, Economic Crime Prevention - LBCM

SALARY: Competitive package

LOCATION(S): The team are mostly based in London but this role can be flexible

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

An exciting opportunity for a motivated leader to support Economic Crime Prevention (ECP) across our Lloyds Bank Corporate Markets (LBCM) business.

LBCM is the Group’s non-ring-fenced bank and an independent legal entity. Our business is diverse and cross-jurisdictional - offering a range of products to many different client types. As a standalone Bank, LBCM makes an important contribution to the services the Group can offer to our customers, and we support the group’s Helping Britain Prosper agenda by connecting LBG, and the UK, to global markets.

The role will focus on supporting our LBCM UK business – which comprises of LBCM Capital Markets and LBCM Financial Markets and Support functional areas. The business provides markets products to meet the financial needs of a highly valued client base - including Foreign Exchange (FX), Derivatives and Debt Capital Markets – alongside lending and deposit facilities for large corporate and financial institution clients. LBCM is an integral and core component of our Corporate & Institutional Banking (CIB) business.

You’ll initially report into the LBCM ECP team – with a view to the role migrating to form a newly established LBCM UK ECP 1st line risk team, within our LBCM Chief Operating Office (COO). As Senior Manager you’ll lead the design and embedding of the team to deliver an efficient and capable 1st line ECP risk management function. Our new team will provide specialist ECP (fraud; anti-money laundering; sanctions and anti-bribery) risk management – including to identify, measure, supervise and report ECP risks. The team will work closely with LBCM’s service partners to ensure ECP risks are effectively handled and mitigated.

About this opportunity

As Senior Manager you’ll report into the Nominated Senior Manager (NSM) and will run a small team to deliver key economic crime prevention risk and control activities. They will contribute to the delivery of a balanced ECP control framework and enable the business to achieve its objectives and strategic growth agenda in-line with risk appetite. The Senior Manager will deputise for and support the NSM and will be responsible for creating and maintaining key business relations with senior management, including LBCM Board members and service partners.

Specific responsibilities include, but are not limited to:

• Lead and co-ordinate ECP risk assessment activities and related ECP control testing requirements;
• Promote LBCM UK’s ECP requirements and build trust with service partners, senior colleagues and Board members – ensuring business needs are understood and effectively met;
• Produce and present reports for senior colleagues and committees;
• Provide ECP specialist advice and support to the LBCM UK business;
• Supervise receipt of ECP services provided by the shared service and make risk appetite decisions for the LBCM UK business;
• Support engagement with the LBCM regulators in the UK and supervise the LBCM UK ECP team, including its activities, people and create a culture where differences are valued.

Why Lloyds Banking Group?

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

The role is multi-faceted and requires an ability to balance high-reaching demands in a pressurised environment. You’ll be required to have a consistent track record of delivering initiatives, tasks and partner relationships and an existing depth of economic crime prevention knowledge and a desire to learn. Good verbal and written communication skills are important.

Key Capabilities/ Skills include:

• In depth knowledge of current and emerging ECP regulatory requirements and an understanding of Group and LBCM risk management and control frameworks.
• Experienced leader and manager with delivery track-record in shaping and motivating a ‘goal-oriented’ team to deliver collaboratively;
• Good understanding of Commercial Banking, the business landscape, shared service framework, products and services and markets knowledge.
• Excellent customer management skills with the ability to exercise tact, influence and communicate at senior levels;
• Excellent analysis and investigative skills;
• Excellent organisational, written, and verbal communication skills;
• Experienced in identifying and championing transformation - to deliver continuous improvement to systems and processes;

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: (Use this header and benefits statement adding relevant holiday entitlement)

• 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

If you’re excited by the thought of becoming part of our team, get in touch.
We’d love to hear from you.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks.  We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. 

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.