Head of Economic Crime Prevention, LBCM Risk

JOB TITLE: Head of Economic Crime Prevention, LBCM Risk

SALARY: Competitive salary package

LOCATIONS: Bristol, Edinburgh, Leeds or London

HOURS: Full-time

We're offering an exciting opportunity for a motivated and experienced leader to head the Economic Crime Prevention (ECP) Risk team within Lloyds Bank Corporate Markets (LBCM). LBCM is the Group's Non-Ringfenced Bank and an independent legal entity with an international footprint - including branches in the Crown Dependencies (Isle of Man, Jersey and Guernsey), New York and Luxembourg as well as a subsidiaries in New York and Frankfurt.

Our business is diverse and cross-jurisdictional - offering a range of global markets products to many different client types, as well as retail products to our customers in the Crown Dependencies. LBCM makes an important contribution to the Group, supporting its agenda of Helping Britain Prosper by connecting the Group, and the UK, to global markets.

This is a senior leadership role providing strategic direction and oversight of ECP across LBCM. You'll help the business meet its regulatory obligations, maintain a robust and forward looking ECP risk framework, and engage effectively with internal stakeholders and service providers, as well as our regulators in the UK and international jurisdictions.

Acting as a trusted focal point across LBCM, you'll work closely with first line teams and senior leaders, in both LBCM and the Ring Fenced Bank, to drive high standards of risk management, challenge, and governance. This role requires regulatory approval as Senior Manager Function 17 (SMF
17) and reports directly to the LBCM Chief Risk Officer (SMF
4). As an SMF role, it is categorised as a Material Risk Taker (MRT). You'll also have a close working relationship with the Group Economic Crime Director, who is the SMF 17 for the Ring-Fenced Bank.

Extensive experience and qualification in ECP, in the setting of a wholesale markets firm, are essential for the position - along with proven leadership experience and effective stakeholder management. As Head of ECP you'll be a key participant at LBCM's Risk Committee as well as a presenter at LBCM Board Risk Committee. The Ring-Fenced Bank offers specialist services to LBCM. Therefore, this role requires building and maintaining positive relationships with colleagues across the Ringfence.

These relationships support delivering activities vital to LBCM's strategic ambitions.

• Providing leadership and strategic direction on economic crime prevention (AML; Sanctions; Fraud and Anti-Bribery) across the LBCM business.
• Providing oversight of compliance with economic crime obligations - as defined by regulation and the Group ECP Policy - and act as a focal point for LBCM's ECP activity.
• Ensuring LBCM has an ECP risk management framework which is sufficient to effectively manage the entities' ECP exposure.
• Working with LBCM and the Group's first line ECP teams and the business to challenge and support the effective identification, assessment and escalation of ECP risks.
• Ensuring the LBCM CRO, LBCM CEO and LBCM Board are fully engaged and apprised of any material ECP issues.
• Managing FCA engagement for any ECP matters pertaining to LBCM that require regulatory dialogue.

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.

You’ll need strong technical, advisory and influencing skills and experience of managing Economic Crime in a markets and retail focused business.

Key Capabilities/Skills include:

• Extensive expertise in Economic Crime Prevention, with experience across markets and retail environments.
• Strong knowledge of UK regulatory frameworks, including sourcebooks and relevant legislation to the business.
• A curious, proactive mindset with a willingness to lead from the front.
• A Critical thinker with the ability to challenge first line teams and provide an independent qualitative and quantitative assessment…