Tesco Insurance and Money Services
Lead Governance, Risk and Compliance Manager
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About the Role
Serving our customers, communities, and planet a little better every day.
Salary - Between £76,400 - £114,600 + annual bonus & benefits
Work Level – WL2
Location – Edinburgh, Reigate, Glasgow, Newcastle. Permanent.
Office Attendance - Our roles are hybrid; however, you should be able to travel to our office, 1-3 days per week for this position.
We’re looking for a Lead Governance Risk & Compliance Manager to join our Insurance, Money & Services team.
Reporting to the CISO, this role provides enterprise-level leadership for Information Security Governance, Risk, and Compliance. You’ll ensure that cyber and information risk is effectively governed, clearly understood, and managed in line with business strategy, regulatory expectations, and risk appetite.
You’ll play a critical role in translating complex risk and regulatory challenges into clear, decision-ready insights for executives, risk committees, and Boards.
What you’ll be doing
- Define and evolve the security GRC strategy and operating model, ensuring alignment to business objectives, regulatory requirements, and risk appetite.
- Lead security risk management, overseeing risk assessment, aggregation, and escalation, and advising on risk acceptance decisions.
- Own compliance and assurance activities, acting as the CISO’s delegate for audit, regulatory engagement, and control effectiveness.
- Maintain policy and control frameworks, ensuring they are proportionate, effective, and embedded across the organisation.
- Provide clear risk reporting and insight to executives, committees, and Boards, translating complex issues into decision-ready outputs.
- Lead GRC capability and stakeholder engagement, building high-performing teams and influencing senior leaders across the business.
We need you to have (minimum experience)
- Extensive experience in Information Security Governance, Risk & Compliance within complex organisations
- Proven ability to design and operate GRC frameworks and operating models
- Strong experience in cyber and information risk management, including risk assessment and aggregation
- Experience advising senior executives, risk committees, and Boards on material risk
- Ability to provide objective challenge and clear recommendations on risk and compliance matters
- Strong stakeholder management, influencing without direct authority
- Experience managing internal audit, external audit, and regulatory engagement
- Strong understanding of regulatory requirements and compliance frameworks
- Ability to oversee control effectiveness and assurance activities
- Experience leading high-performing GRC or risk teams
- Experience acting as a trusted delegate to a CISO or senior security leader
- Experience in financial services or other regulated environments
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Certifications
- CISSP, CISM, CRISC, CISA
- ISO 27001 Lead Implementer/Auditor or similar
- Formal qualifications in risk management
We don’t expect you to tick every box, and if you feel you hit most of the brief, it’s worth exploring to further develop your career here with us.
What’s in it for you
- Prepare for your retirement with our colleague pension scheme.
- Private Medical Insurance (WL2+) and virtual GP Service you and your family 365 days a year.
- Performance related annual bonus.
- Indulge in a generous holiday allowance with a minimum of 7.2 weeks, with the opportunity to buy more.
- Embrace the benefits of our Colleague Clubcard, enjoy a 10% discount that increase to 15% every payday. As an added perk, we’ll give you a second card to share with someone else.
- Benefit from our family-oriented initiatives, encompassing enhanced maternity leave pay, a shared parental leave policy, and a generous 8-week paid paternity leave.
- A place to get on - take advantage of our ongoing learning opportunities and award-winning training, to help you achieve the job and career you want.
- Take part in our Buy as you Earn and Save as your Earn share schemes.
Everyone’s welcome
We want all our colleagues to always feel welcome and be themselves. We’re committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day.
Interviews
We know the importance of balancing work with life’s other commitments. Please talk to us at interview about the flexibility you need, as we’re committed to exploring part time and flexible working opportunities, at every level of the organisation.
Interviews are expected to be held from w/c 13 July 2026.
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Why Tesco Insurance and Money Services?
Seeing your impact all around you: there's no better feeling.
Lucky for us, we get to feel it all the time. Because whatever our role, we're helping our colleagues and serving our customers, communities and planet a little better every day.
We deal in the personal – from pet insurance for your best friend, and home insurance for peace of mind, to motor insurance for your dream car or travel money for that trip you’ve worked hard for.
Everything we do is about making things better. Not just for others, but for you too. It's why you'll get bags of choice and plenty of development. It's why you'll always be heard and find balance that works for you. It's why you'll feel totally at home in a place where everyone's welcome.
So, if you want a career where you can do good and feel good, you've found it.
Let's make everyday a little better.
Our story
Making Insurance and Money Services more rewarding and offering great value and choice - because we know little wins can make a big difference.
We began life in 1997 and now help more than 2 million customers protect what matters to them.
We want to deliver a helpful service in everything we do and to make life easier for our customers. Our policies are really easy to manage online for our customers, but we know that being able to speak to our customer service staff when you need to is really important. This is why our customer service centers are open seven days a week.
Delivering great customer service means having great people behind the scenes – people who understand our customers and are driven by doing the right thing for them. We offer colleagues a place where they can feel totally at home in a place where everyone's welcome, where they can be part of a great team focused on making a real difference for our customers.
How to apply
We value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger to achieve our goals.
Our colleagues are working hybrid, taking time to meet with colleagues in our offices for moments that matter, such as team catch ups, planning meetings and more. If you’re interested in finding out more about what a career at Tesco Insurance and Money Services looks like, click apply to find out more!
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