Description
JOB TITLE: Head of Data Risk Innovation
SALARY: £116,535 - £137,100
LOCATION(S): Bristol, Birmingham, Edinburgh, Halifax, Leeds, Newport
HOURS: Full-time
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites
About this opportunity
The Data Risk Innovation team is a brand new function driving a transformation in how Data and Privacy risks are managed across Lloyds Banking Group, to help the Group transform safely at pace. The team will be responsible for creating automated, data-driven methodologies fit for the age of AI that underpin policy, controls, and oversight frameworks.
They will drive the replacement of manual, retrospective reviews with real-time, continuous and predictive risk monitoring powered by AI and automation, harnessing technologies such as Generative AI and Agentic AI to identify, assess, and mitigate risks dynamically. The team sits within Lloyds Banking Group’s Risk function and will partner actively with business units across the Group.
What you’ll be doing:
1. Leading the function, setting priorities and creating a strong reputation for innovation
2. Applying deep knowledge of AI, data and automation to redefine policies, controls and risk processes in ways that unlock real time and predictive risk management
3. Innovating approaches to risk management that unlock efficiency by integrating risk guardrails within “the work” rather than as standalone tasks and processes
4. Collaborating with peers within the Risk function and across business units to drive adoption
5. Ensuring close alignment to the Group’s Enterprise Wide Risk Management Framework and applicable regulatory standards
6. Owning the Group’s Data, Privacy and Retention policies
Why join us?
We’re transforming at pace. Investing billions in our people, data and tech to change the way we meet the needs of our 28 million customers. We’re growing, and we’d love you to be part of the journey.
What we’re looking for:
7. 10+ years leading teams or functions in a complex organisation
8. 5+ years in a risk or first line control function within Financial Services
9. 5+ years of experience using AI, analytics or other quantitative methods to drive innovation or transform processes
10. 5+ years of Strategic Decision Making, showing ability to make timely decisions, assimilate complex information, and provide relevant recommendations.
11. Strong knowledge and expertise on non-financial risk
12. Demonstrable ability to build partnerships, and provide challenge and advice
13. Evidence of coaching and leading teams through rapid change
14. Strong logical and analytical reasoning
15. Strong familiarity with scaled Agile
And any of these would be great:
16. Experience as a data scientist or software engineer
17. Experience within operational risk function within financial services
18. Data privacy qualification e.g. CIPP/E
We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.
This is a place for you
Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities and we’re committed to creating an environment in which everyone can thrive, learn and develop.
We also offer a wide-ranging benefits package, which includes:
• A generous pension contribution of up to 15%
• An annual performance-related bonus
• 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
Ready to do the best work of your career? Apply today.
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.