Credit Officer - London, United Kingdom - Lloyds Banking Group

Lloyds Banking Group

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

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Description

End Date

Thursday 15 June 2023

Salary Range

£0 - £0

Agile Working Options

Other Agile Working Arrangements / Open to Discussion

Job Description Summary

At Lloyds Banking Group, we have a clear purpose; to help Britain prosper and to become the best Financial Services provider for our customers.

Through our brands, our Group has a relationship with just about every household and community in the UK.

We underpin the lives of millions of individuals & businesses, and play a key role in helping to build a growing UK economy.

An exciting opportunity has arisen for an experienced Corporate Credit Officer to work in a team that supports some of the largest and most sophisticated companies in the Services sector.

The Services team is a core part of the Higher Education, Services and Private Corporates Credit team within Lloyds Banking Group's CIB Corporate Credit unit.

The team works closely with coverage and product partners to support new and existing clients with a full suite of banking products.

Job Description:

This is an exciting opportunity to join the Lloyds Banking Group team as a Credit Officer who plays a central role in supporting customers and Coverage deliver their growth objectives sustainably and with a clear focus on risk.

The team is responsible for the credit management of a portfolio of corporate clients in the Services Sector with complex and varied financing arrangements; as well as supporting CIB in generating new business and maintaining the credit quality of the existing portfolio.

Due to the nature of the client portfolio the role requires frequent engagement with senior internal and external stakeholders.

What you'll be doing...

Managing an active portfolio of counterparties (some of the largest companies in the UK) in the Professional and Business Service Sectors.
Undertaking independent credit assessments of lending proposals (new opportunities and annual reviews) and developing a recommendation for presentation to sanctioners. This involves identifying, analysing, and succinctly articulating the key risks (financial, structural, operational, environmental), along with a clear recommendation, thus enabling informed decisions to be made.
Using external research from a variety of sources including specialist information providers, credit rating agencies, and media reports to assess how a customer is positioned within an evolving external environment and identify situations that could increase risk to LBG.
Collaborating closely with originators, relationship managers, and product partners to shape credit proposals, set credit risk appetite, and to maintain a balance of risk and reward.
Monitoring portfolio performance, raising any emerging risks to senior management and other interested parties as appropriate, as well as ensuring compliance with LBG and regulatory policy.
Partnering with key stakeholders to undertake periodic sector reviews aimed at identifying potential areas of weakness as well as opportunity.
Lead credit focused meetings with external clients as well as internal stakeholders
Working in a high profile, professional, and demanding environment committed to putting people first, being bold, trusting each other, and embracing our differences.
Drawing upon your prior Credit experience to help shape and improve team processes.
Taking advantage of the opportunity to widen your experience across the broader Credit Team.

We support a hybrid way of working which combines home and office based work, with a requirement to work from our London office on average 2 days per week.

Here's what we're looking for...

Good knowledge and significant experience of corporate credit analysis, preferably experienced in covering Business and Professional Service companies.
Evidence of relevant credit experience assessing large corporates with a proven track record of consistent performance.
Strong knowledge of regulatory and compliance requirements.
Demonstrable high levels of attention to detail, numeracy, and accuracy
Understand and manipulate complex financial models (strong Excel skills are required).
Ability to establish strong working relationships and work within a supportive yet ambitious team.
Communicate effectively at all levels and across different audiences, with strong written and verbal communications skills.

You'll be offered a competitive package which includes...

A competitive salary
A performance related annual bonus
Generous pension contribution of up to 15%
30 days holiday plus the bank holidays
Private health cover
Various share schemes

We're dedicated to giving you opportunities and support to develop you both professionally and personally to optimise your potential.

As a new colleague, you'll join us on our journey to build a 21st century bank that reflects modern Britain, and craft an inclusive culture where all colleagues feel welcomed and valued.

We're committed to building a workforce which reflec