Agile Working Options

Other Agile Working Arrangements / Open to Discussion

Job Description Summary

A full time, permanent position has arisen in our Pensions, Bulk Annuities & Life Legal team. The team has expertise in pensions, bulk annuities and longstanding life and investment products and forms part of the Insurance & Wealth Legal & Secretariat team (“I&W L&S team”).

This role is available full time. We are looking for the best person for the role and are happy to discuss flexible working options.

Job Description

At Lloyds Banking Group, we have a clear mission to Help Britain Prosper by creating a more sustainable and inclusive future for people and businesses, shaping finance as a force for good. Our mission is everything. It’s what drives us, what makes us different and defines how we will grow. It’s how we’ll create a future where our planet is cared for, people feel safe and included and businesses and communities can thrive.

We will lead in making bold decisions and will search for new ways to work with people, communities, and businesses, to always evolve with their needs. And we will never stop innovating to make sustainable, ethical choices easy and rewarding.

We are reshaping financial services, so they’ll work for Britain, for generations to come.

You’ll have responsibility for commercial and client contracts relating to workplace pensions business, ensuring they align with legal requirements and protect the interests of the business. You’ll be working within a pensions team to provide dedicated and focused advice to deliver the needs of the business.

You’ll also have responsibility for advising on pensions, life and investment products and their administration to ensure compliance with legal and regulatory requirements and supporting on related projects.

You'll have the opportunity to support new business tenders and responses and the delivery of complex projects using your legal knowledge. This will be a great chance to input into projects that will have a significant impact for Insurance & Wealth.

What you’ll have:

As a minimum, we’ll need you to be a qualified solicitor with experience in commercial and client contracts or products in financial services. We're particularly interested if you also have a knowledge and understanding of the legal, regulatory, and statutory requirements relating to pensions. Ideally, you'll be a lawyer with pension law experience gained either in practice or industry.

What you’ll do:

• Build and maintain internal network and relationships to provide appropriate professional legal advice.
• Assisting with new business on-boarding and negotiation of workplace pensions
• Assisting with the negotiating, drafting, and reviewing of commercial and client contracts relating to financial services
• Assisting with the drafting and reviewing of product terms
• Act as a source of professional expertise providing professional advice as a trusted advisor to our business partners and assist with the development of policy and procedures
• Support for new business tenders and responses
• Guide business colleagues on Legal Risk Management using the relevant risk management policy framework
• Report and escalate on legal or governance issues, inputting to recommended solutions as required
• Keep abreast of new legal and regulatory developments and deliver training to the I&W L&S team and business as appropriate.
• Support the Head of Legal, Pensions, Bulk Annuities & Life in discharging his responsibilities.
• Proactively challenge, advise and influence business stakeholders on legal issues as far as affecting the  pensions life and investments business.
• Look for opportunities to champion change, inclusion, and improvement.

You’ll be joining a forward-thinking, encouraging team with plenty of opportunity to develop your skills. You'll be supported in your new role with guidance and training as you learn about the work that we do and the businesses that we support.

And in return:

It is a very exciting time to join LBG. Together we'll continue our market leading, ground-breaking transformation and you'll help us realise the Group’s vision to become the Best Bank for Customers. Here, you'll grow as a person and develop your career.

In addition to the salary quoted, the position also offers:

• Discretionary Performance Share Award
• Generous pension contribution
• A flex benefits cash pot you can adjust to suit your lifestyle (4% on top of your basic salary)
• Private health cover
• Share schemes
• 30 days holiday plus bank holidays

Our continued commitment to helping Britain recover means that as a colleague you can make a difference to customers, businesses, and communities.

Together we have a key role to play in shaping the bank of the future, whilst the scale and reach of our Group means you'll continue to have opportunities to learn, grow and develop.

We're committed to building a workforce which reflects the diversity of the customers and communities we serve, and to building an inclusive environment where all our colleagues can be themselves and succeed on merit. We support the principles of agile working and are happy to consider flexible working arrangements. We're an equal opportunity employer and deeply value diversity within our organisation.

Please get in touch if you need us to make any reasonable adjustments for you.

So, if you have the skills we’re looking for, we’d love to hear from you!

Together we make it possible.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain recover. 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'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.