End Date
Sunday 04 January 2026Salary Range
£93,087 - £103,430We support flexible working – click here for more information on flexible working options
Flexible Working Options
Hybrid Working, Job ShareJob Description Summary
We’re looking for a Surveillance Market Abuse Risk Assessment Manager to lead the Market Abuse Risk Assessment process, ensuring risks are proactively identified, assessed, and translated into controls, surveillance models, and policies.Job Description
BUSINESS UNIT:
Corporate & Institutional Banking (CIB) – Chief Controls Office
LOCATION:
London, Birmingham and Edinburgh
HOURS:
Full Time – 35 hours per week
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 shown above.
ABOUT THE ROLE
You’ll take ownership of the Market Abuse Risk Assessment (MARA) framework, working closely with business collaborators to identify market abuse risks and ensure they are effectively mitigated through robust controls and surveillance models. This role combines risk assessment, stakeholder engagement, and regulatory interaction to maintain compliance and strengthen the control environment across CIB Markets activities.
KEY ACCOUNTABILITIES
Market Abuse Risk Assessment
Design, run, and periodically refresh the Market Abuse Risk Assessment (MARA), including risk taxonomy, inherent/residual risk scoring, and action plans across asset classes (FX, derivatives, fixed income, commodities, Credit Trading, Repo/Money Markets benchmarks, etc.).
Lead engagement with business collaborators to communicate market abuse scenarios and evaluate their relevance to business activities.
MI & Regulatory Engagement
Produce regular MI and thematic analysis on market abuse risks and control effectiveness for governance forums and to support regulatory engagement.
Co-ordinate responses to regulatory queries and reviews related to market-abuse controls, including documenting the MARA.
Control Review & Enhancement
Regularly review and assess existing surveillance controls against the latest regulatory updates, market watch notices, and enforcement actions.
Identify gaps or weaknesses, recommend enhancements, and work with relevant colleagues and partners to implement improvements that ensure ongoing compliance and mitigate regulatory risk.
Cross-Functional Engagement
As part of the MARA framework, engage with other departments/teams where compensating controls sit to understand and assess the wider control framework, effectiveness, and residual risk.
This includes surveillance areas such as Electronic & Voice Communications and Compliance Control Room.
WHAT YOU’LL NEED
To be considered for this role, you’ll need to demonstrate:
Risk & Control Expertise
Strong knowledge of MAR/market abuse regimes and practical experience of trade and communications surveillance in wholesale markets.
Experience conducting or enhancing Market Abuse Risk Assessments (or equivalent risk assessments) and translating findings into systems and control changes.
Product & Technical Knowledge
Comprehensive product knowledge across key traded instruments; FICC product knowledge would be especially desirable.
Excellent data/technical skills to support surveillance analytics.
ABOUT WORKING FOR US
Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture.
We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative.
And it’s why we especially welcome applications from under-represented groups. We’re disability confident. So, if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.
If you’re excited by the thought of becoming part of our team, get in touch. We’d love to hear from you!
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.
Top Skills
Lloyds Banking Group London, England Office
25 Gresham Street, London, United Kingdom, EC2V 7HN
