Associate Director Asset Optimisation

Lloyd's; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading banking institution in the UK is seeking an individual to join their Asset Optimisation team. This role focuses on enhancing capital efficiency through balance sheet optimisation, and requires strong analytical skills, a solution-driven mindset, and the ability to foster collaborative relationships. Candidates should have experience in structuring securitisation transactions and a solid understanding of financial metrics. The company promotes a diverse and inclusive culture, offering a dynamic work environment and numerous employee benefits.

Benefits

Generous pension contribution of up to 15%

Annual performance-related bonus

Share schemes including free shares

Discounted shopping benefits

30 days' holiday plus bank holidays

Wellbeing initiatives and generous parental leave policies

Qualifications

• Experience in structuring securitisation transactions.
• Strong understanding of the bank and its balance sheet.
• Ability to deliver strategic and commercial outcomes.

Responsibilities

• Collaborate with teams to understand products and balance sheet constraints.
• Identify and implement opportunities for balance sheet optimisation.
• Connect with stakeholders regarding capital and performance impacts.

Skills

Structuring securitisation transactions

Understanding of bank balance sheet

Solution-driven mindset

Relationship-building

Project management

Analytical skills

Written and verbal presentation skills

Process improvement

Communication skills

Job description

Overview

Asset Optimisation is a dynamic and fast‑paced team within Group Corporate Treasury. The team supports the Group's strategic objective of delivering greater capital efficiency across the business through asset balance sheet optimisation activities. In this role, you will collaborate closely with teams across the Group's business units to gain a deep understanding of the products they offer and the balance sheet constraints they face. Leveraging your technical expertise, you will help identify and implement opportunities to address these constraints‑enabling the businesses to continue to grow, thrive, and meet their strategic objectives. You will assist in connecting with stakeholders to assess how regulatory capital, stress testing, and accounting treatments impact overall Group performance. We are looking for an individual who can optimise the balance sheet to support capital, leverage, and risk management objectives. It is essential that this person is familiar with financial risk metrics and understands the key drivers behind these measures.

Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities, and we're committed to creating an environment in which everyone can thrive, learn and develop.

Key Qualifications

• Experience in structuring securitisation transactions.
• A strong understanding of the bank, its balance sheet and the key financial metrics impacting it.
• A solution‑driven mindset.
• A consistent track record of building collaborative relationships.
• Proven ability to deliver strategic and commercial outcomes through effective project management.
• Highly motivated and delivery‑focused.
• Strong analytical skills.
• Excellent written and verbal presentation skills.
• A passion for improving processes, being able to prioritise and work at pace.
• Confident communicator, capable of simplifying complexity for broad and senior audiences.

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

Company Culture

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. 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. We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long‑term health or neuro‑divergent condition through the Disability Confident Scheme. We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need. We're passionate about giving you the opportunities to learn and continue to develop your career to achieve your potential whilst enjoying this dynamic and exciting role.

Role Requirements & Certification

This role is considered Certified under the Senior Manager and Certification Regime as either requiring mandatory qualifications or being deemed as a role capable of providing 'significant harm' to customers. Due to this, successful candidates will be subject to enhanced levels of vetting, and required to complete a fitness and propriety attestation on commencement in role. Colleagues performing this role will be required to be complete a fitness and propriety attestation on an annual basis and will also be subject to additional routine criminal and credit checks. As a certified colleague your details will be published on the FCA's Financial Services Register. This role has been identified as a Client‑dealing function under SYSC 27.8.18R as defined in the FCA Handbook. The Person ('P') performs the client‑dealing FCA certification function for a firm if:(1) P is carrying out any of the activities in the table in SYSC 27.8.19R; and(2) those activities will involve P dealing with:(a) a person with or for whom those activities are carried out; or(b) the property of any such person;in a manner substantially connected with the carrying on of regulated activities by the firm. If you manage certified colleagues this role will be identified as Manager of certification employees under SYSC 27.8.13R as defined in the FCA Handbook(1) The function of managing or supervising a certification employee, directly or indirectly, is an FCA‑specified significant‑harm function.(2) A function in (1) is not an FCA certification function for that firm if it is performed by an SMF manager of that firm.

How to Apply

If you're excited by the thought of becoming part of our team, get in touch! We'd love to hear from you!