Head of Change Execution Risk

Head of Change Execution Risk

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London, Glasgow, 110 St Vincent Street, Bristol Harbourside, Leeds Wellington Place, Edinburgh Sighthill North

Time Type: Full time

Posted on: Posted Today

End Date: January 20, 2025 (12 days left to apply)

Job Requisition ID: 126436

Salary Range: £130,671 - £153,730

We support flexible working - click here for more information on flexible working options

Flexible Working Options: Hybrid Working, Job Share

Job Description Summary

Join us on our exciting journey as we implement a new operating model for Non-Financial Risk Management. Our goal is to empower our people to take full accountability for the risks they encounter.

Job Description

JOB TITLE: Head of Change Execution Risk

SALARY: £134,589 - £158,340

LOCATION: London

HOURS: Full time

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, in our London office.

About this opportunity:

An excellent opportunity to lead a specialist team implementing the Change Risk policy and objectives that will influence how change is delivered in the largest banking transformation in the UK.

As Head of Change Execution Risk you will analyse and evaluate the Operational Risk and control environment, in line with the Group's Enterprise Risk Management Framework. This role collaborates with stakeholders, and all lines of defence, across the organisation to support successful delivery of our change agenda.

What will you be doing:

• Own, craft, and implement Change Execution Risk policies and appetite, including Group tolerances and thresholds. Lead the understanding and support adoption throughout the organisation, including ongoing management and continuous monitoring.
• Define control objectives for the management of Change Execution Risk.
• Support the development of the Group's Change Framework, which provides the foundation for safe and effective change delivery.
• Monitor the efficiency of the design of control measures to ensure they are achieving the control objectives.
• Collaborate with control owners and Chief Control Offices to implement control standards and objectives. Work with all lines of defence to improve control standards and embedding.
• Lead the development and implementation of the risk and control oversight plan to assess risk assessments and the efficiency of controls operated by risk and control owners.
• Assist in developing a proactive and data-driven monitoring system for Change Execution risks and controls. Collaborate with Business Unit control offices to provide independent challenge to risk decisions.
• Work directly and proactively with all lines of defence to drive control improvements.
• Assist and oversee the assessment of Operational Risk events and breaches, including root cause control identification and actions to remediate.

About us

Like the modern Britain we serve, we're evolving. Investing billions in our people, data and tech to transform the way we meet the ever-changing needs of our 26 million customers. We're growing with purpose. Join us on our journey and you will too

What you'll need:

• Proven ability to assess and manage risks associated with change in financial services. Knowledge of policy, compliance, controls, assurance, and risk-reward balance.
• Solid background in the domain of change, with knowledge across key elements of the agile delivery methodology, tooling and outcome focused delivery.
• Familiarity with current Operational Risk frameworks and technology used in financial and non-financial services is important for this role in a specialist risk team.
• Experience of supporting group-level policy and setting risk-appetite, and able to set control objectives and performance indicators.
• Experience of developing and implementing a risk and control oversight plan.
• Ability to understand and assimilate different sources of data and complex information to support effective problem solving that leads to relevant conclusions and recommendations. Leverages strong analytical skills to assess.

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.

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.

About Us

For over 320 years we've been making a difference to the lives of customers, businesses and communities. With us, you'll be helping Britain prosper.

You'll be part of an ever-changing industry, playing a key role in shaping the financial services of the future whilst supporting our customers' changing needs.

For more Flexible Working Options please use the free text search, e.g. job sharing, variable hours, to identify relevant matches.