Head of Risk Oversight - Lloyds Wealth

Salary: £116,535 - £150,810
Location(s): Edinburgh, Cardiff, Bristol, Leeds
Hours: Full-time
Working Pattern: Hybrid, with at least two days per week at an office site

About this Opportunity

At Lloyds Wealth, we're at an exciting time with an evolving regulatory landscape and a growing focus on delivering outstanding customer outcomes. We're looking for a Head of Risk Oversight to join our leadership team.

Reporting to the Chief Risk Officer, Insurance, this high-profile role provides independent second-line oversight across Lloyds Wealth. You'll oversee the firm's regulatory, conduct, and compliance risk framework, ensuring the business operates within its regulatory obligations, Board-approved risk appetite, and governance expectations. You'll deliver trusted challenge, guidance, and support to senior leaders.

As a member of the Wealth & Insurance Risk Leadership Team, you'll help shape risk culture, influence strategic decision-making, build strong regulatory relationships, and support sustainable growth across a business at the forefront of wealth, financial planning, and retirement services.

We're seeking an experienced risk and compliance leader with strong regulatory expertise, commercial awareness, and a passion for customer outcomes. You'll be confident leading high-performing teams, influencing senior stakeholders, and driving positive change within a highly regulated environment.

Key Responsibilities

In your capacity as Head of Risk Oversight, Lloyds Wealth, you'll have responsibility for the oversight of the overall monitoring and management of compliance and conduct risk across the business, including:

• Act as a delegate to the SMF16 Compliance Oversight Function Holder, ensuring Lloyds Wealth maintains an effective and proportionate compliance framework.
• Lead the second-line oversight of Lloyds Wealth's distribution, advice, and associated business activities, providing robust challenge and independent assurance.
• Provide expert advice and strategic direction to senior management, executive committees, and boards on Wealth Management.
• Hold responsibility for the firm's compliance plan, conduct strategy, and support compliance with Consumer Duty requirements, ensuring products and services deliver fair customer outcomes.
• Maintain oversight of key SMCR controls, including Training & Competency arrangements, adviser licensing, certification, and ongoing fitness and propriety requirements.
• Review and interpret forthcoming regulatory developments and ensure the business is appropriately prepared to respond, including leading engagement with regulators where appropriate.
• Drive continuous improvement of the control environment through innovation, data-driven insight, and adoption of emerging technologies where appropriate.