Senior Manager overseeing Trade Surveillance functions and third-party supplier accountability at Lloyds Bank. Ensuring compliance with UK and global market abuse regulations while mitigating misconduct risks.
Responsibilities
Support the Bank’s surveillance framework across fixed income, FX, rates, commodities and derivatives, ensuring effective monitoring for insider dealing, manipulation, spoofing and other market-abuse risks.
Optimise surveillance models, thresholds and scenario design to strengthen risk sensitivity and reduce false positives.
Define and embed the Market Integrity strategy, maintaining governance around conflicts of interest, information barriers, personal account dealing and conduct risk, ensuring alignment with Conduct Risk, Operational Resilience and ERM frameworks.
Hold executive accountability for surveillance technology vendors and data providers, ensuring robust third-party risk management aligned to FCA/PRA expectations.
Manage supplier performance, SLAs, issue remediation and continuous improvement, ensuring contractual clarity on model ownership, data quality, IP and regulatory access rights.
Partner with Procurement and Supplier Management on concentration risk, substitution planning and contract finalisation, embedding operational resilience across critical services.
Act as the Bank’s senior regulatory contact for trade surveillance, market conduct and outsourced arrangements.
Lead regulatory reviews, thematic assessments and internal audits, providing data-driven reporting to Executive and Board forums on surveillance effectiveness, third-party risk and emerging threats.
Be responsible for surveillance platform architecture, data-ingestion controls and model-validation standards.
Govern advanced analytics, scenario calibration and algorithm transparency, maintaining model-risk documentation and independent validation.
Drive automation and analytical enhancements while ensuring regulatory defensibility.
Lead and develop a high-performing team across surveillance and supplier governance, fostering a culture of accountability and proactive conduct-risk management.
Requirements
Significant experience in Trade Surveillance, Market Conduct or Compliance within a large financial institution.
Demonstrated oversight of critical third-party suppliers, ideally within regulated outsourcing frameworks.
Strong knowledge of UK regulatory expectations across outsourcing, operational resilience and market abuse.
Direct experience engaging with regulators at senior level.
Strong commercial foresight with the ability to challenge supplier performance, value, and contractual terms.
Strong partnership and influencing skills at Executive and Board level.
Leadership experience across both surveillance and supplier management teams (Desirable).
Familiarity with advanced or model-enabled (AI) surveillance and RegTech solutions (Desirable).
Experience managing global or multi-jurisdictional outsourcing arrangements (Desirable).
Benefits
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
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