Christina Diekmann
London,United Kingdom
Summary
A highly experienced Risk & Control professional and senior leader with a demonstrated history of working in the financial services industry across all 3 lines of defence. Christina combines determination to succeed with an engaging style that brings senior stakeholders and risk and controls teams with her. Christina has a reputation as transformational, innovative and versatile leader, with a proven track record in setting up new teams, leading and delivering strategic and regulatory change programme initiatives as well as developing and implementing market leading divisional and groupwide risk management, product governance, internal governance, policy and audit frameworks in one of the UKs largest bank. Christina has significant senior stakeholder management and extensive experience internationally and is passionate about driving innovation, collaboration, and continuous improvement in the governance, risk and control domain..
Overview
26
26
years of professional experience
9
9
years of post-secondary education
Work History
Chief Controls Officer Digital Bank
Lloyds Banking Group
London
02.2023 - Current
- Risk Partner leading a small team of specialist to establish risk and control profiles and embedded controls and processes to monitor and report new risks
- Lead Control by Design strategy training and implementation across platform and risk and control teams
Head of Conduct & Change Risk Management
Lloyds Banking Group
London
12.2018 - 01.2023
- Responsible for team of 15 risk management specialist as risk owner for customer facing risks such as Conduct, Product Governance, Communications, Financial Promotions as well as key liaison with pan Commercial Bank change initiatives
- Business Risk Partner to all BCB and CIB Platforms, build out Change & Execution Risk profile
- Responsible for the implementation of new operational risk self assessment methodology across Commercial Bank ; developed new conduct risk approach in line with Consumer duty requirements with focus on vulnerable clients and customer communications
- Represent Commercial Banking Business Risk in key Group and divisional committees and strategic initiatives
Design Lead Ringfencing Programme
Lloyds Banking Group
London
03.2018 - 12.2018
- Leading groupwide programme for implementation of the Ringfencing regulation with responsibility for designing governance, decision making and risk management approach and supporting documentation for Ringfenced Bank (RFB)
- Direct interaction with CFO, CRO and Group Secretary in submitting waiver and material compliance statements to the PRA
- Key stakeholder in establishing international subsidiary as response to EU Exit discussions.
Head of Governance & Control
Lloyds Banking Group
London
01.2012 - 03.2018
- Risk Division
- Developed and implemented first Enterprisewide Risk Management Framework, externally benchmarked as above industry standard
- Developed and implemented internal groupwide governance framework, enhancing group capability for effective and regulatory compliant committee management and decision making
- Redesigned Group Policy Framework including significant simplification as well as developing and implementing first groupwide policy compliance measurement approach.
Director Governance & Control
Lloyds Banking Group
London
07.2009 - 12.2011
- Wholesale Markets Treasury Trading
- Led best practice governance and control function, supporting all business teams across investment banking activities covering key control design, business continuity, process documentation, key stakeholder management with divisional and group risk function
- Set up new department, hired key personnel and developed department strategy within 6 weeks prior maternity leave
- Redesigned and implemented new product approval process.
Head of Business Management Capital Markets
Lloyds Banking Group
London
10.2008 - 06.2009
- Secondment from Group Audit to support Head of Capital Markets with risk and control issues
- Timing coincided with merger of Lloyds TSB and HBOS
- Seconded as Day 1 Planning and Delivery Co- Lead across all investment banking activities
- Supported MD and Capital Markets team heads with developing strategy, business plans and product/ transaction approval for Debt and Equity Capital Markets as well as for Primary Bond platform.
Head of Audit Structured Finance
Lloyds Banking Group
London
09.2005 - 09.2008
- Set up Group Audit capability for initially Structured Finance (Project Finance, Syndicated Loans, Private Equity, Capital Markets) and later wider investment banking products (Trading Floor) including hiring and developing audit team
- Developed and delivered audit plan including key stakeholder management approach across all business teams, key committees and projects
- Developed process mapping and audit planning approach within Group Audit
- Seconded several times on demand of business MDs to support in stakeholders in high profile control and risk management projects (including due diligence activities).
Senior Lead Auditor
Dresdner Bank
London
10.1997 - 08.2008
- World wide audit locations, roles for worldwide assignments with respect to International Credit Portfolio assessments and Structured Finance product audits
- 5 year expatriate assignment to London Office to establish credit audit presence; during this time established key relationships and product specialism for Private Equity and Compliance
- Senior Global Audit Support providing methodology and product technical support for audit teams
- Seconded several times to support Allianz Global Audit with Private Equity assignments including lead role for a number of high profile special investigations.
Education
Master of Business Administration - Finance, Organisational Behaviour, Languages
University of Bayreuth
Bayreuth, Germany 10.1991 - 05.1997
Diplomkauffrau - Banking Apprenticeship
Sparkasse Steinfurt
Steinfurt, Germany 08.1988 - 08.1991
Skills
- Risk Management Framework
- Control Frameworks
- Change Risk Management
- Programme oversight
- Policy development
- Business Development
- Thought leadership
- Business planning
Languages
English
Fluent
German
Native
Italian
Advanced
Timeline
Chief Controls Officer Digital Bank
Lloyds Banking Group
02.2023 - Current
Head of Conduct & Change Risk Management
Lloyds Banking Group
12.2018 - 01.2023
Design Lead Ringfencing Programme
Lloyds Banking Group
03.2018 - 12.2018
Head of Governance & Control
Lloyds Banking Group
01.2012 - 03.2018
Director Governance & Control
Lloyds Banking Group
07.2009 - 12.2011
Head of Business Management Capital Markets
Lloyds Banking Group
10.2008 - 06.2009
Head of Audit Structured Finance
Lloyds Banking Group
09.2005 - 09.2008
Senior Lead Auditor
Dresdner Bank
10.1997 - 08.2008
Master of Business Administration - Finance, Organisational Behaviour, Languages
University of Bayreuth
10.1991 - 05.1997
Diplomkauffrau - Banking Apprenticeship
Sparkasse Steinfurt
08.1988 - 08.1991
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