Head of Risk Oversight

Lloyds Banking Group

. Provide independent second-line oversight across Lloyds Wealth .

Posted 10/7/2026full-timeEdinburgh • United KingdomLead💰 £116,535 - £150,810 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates extensive experience in Compliance and Regulatory Oversight within Wealth Management, with a strong focus on FCA regulatory requirements, Consumer Duty, and risk management frameworks. Proven ability to influence strategic decision-making and drive continuous improvement through innovation and data-driven insights.

Highest-signal resume keywords

Compliance OversightRegulatory EngagementFCA Regulatory RequirementsRisk Management FrameworksConsumer Duty

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Regulatory OversightConduct RiskCompliance Monitoring TechniquesRisk Appetite GovernanceTraining & CompetencyAdviser LicensingCertification RequirementsFitness and Propriety RequirementsData-Driven InsightsControl Effectiveness

Soft Skills

InfluencingStrategic DirectionRobust ChallengeRelationship BuildingContinuous Improvement

Industry Keywords

Wealth ManagementRetail InvestmentFinancial AdviceSMCRRegulatory Accountability Frameworks

About the role

Key responsibilities & impact

Provide independent second-line oversight across Lloyds Wealth
Oversee the firm’s regulatory, conduct and compliance risk framework
Ensure operations remain within regulatory obligations, Board-approved risk appetite and governance expectations
Lead second-line oversight of distribution, advice and associated business activities
Act as a delegate to the SMF16 Compliance Oversight Function Holder
Provide robust challenge and independent assurance
Advise and provide strategic direction to senior management, executive committees and boards on Wealth Management
Own the firm’s compliance plan and conduct strategy
Support compliance with Consumer Duty requirements and fair customer outcomes
Oversee SMCR controls, including Training & Competency, adviser licensing, certification and fitness and propriety requirements
Review forthcoming regulatory developments and prepare the business to respond
Lead regulatory engagement where appropriate
Drive continuous improvement of the control environment through innovation, data-driven insight and emerging technologies
Shape risk culture, influence strategic decision-making and support sustainable growth
Report to the Chief Risk Officer, Insurance, and contribute to the Wealth & Insurance Risk Leadership Team

Requirements

What you’ll need

5+ years’ experience working in a Wealth Management environment
Significant senior leadership experience within Compliance, Conduct Risk, Regulatory Oversight or broader Risk functions within retail wealth management or financial advice businesses
Deep understanding of FCA regulatory requirements applicable to wealth management, financial advice and retail investment businesses
Strong understanding of Consumer Duty, conduct risk, SMCR and broader regulatory accountability frameworks
Proven experience leading regulatory engagement and building effective relationships with regulators and internal and external partners
Strong knowledge of risk management frameworks, compliance monitoring techniques and emerging regulatory and industry risk trends
Demonstrable ability to influence and challenge at Executive, Board and Committee level
Passion for innovation and continuous improvement, including use of data and technology to strengthen oversight and control effectiveness

Benefits

Comp & perks

A generous pension contribution of up to 15%
An annual performance-related bonus
Share schemes including free shares
Benefits adaptable to your lifestyle, such as discounted shopping
30 days’ holiday, with bank holidays on top
Wellbeing initiatives
Generous parental leave policies
Flexible working options: hybrid working and job share
Professional learning, growth and development opportunities