Associate Director - Private Equity Coverage

lloyds banking group; City Of London; On-site; GBP 150,000 - 200,000; Full time

Job summary

A major financial services company seeks an Associate Director for Private Equity Coverage in London. The role requires in-depth experience working with financial sponsors and excellent communication skills. You will oversee relationship coverage, lead strategic dialogues, and evaluate client relationships. The position offers a competitive package, a hybrid working pattern, and diverse benefits including a generous pension contribution and annual bonus.

Benefits

A generous pension contribution of up to 15%

An annual bonus award

Share schemes including free shares

30 days’ holiday

A range of wellbeing initiatives

Qualifications

• In-depth experience working with financial sponsors.
• Excellent communication and customer management skills.
• Broad product knowledge.

Responsibilities

• Comprehensive relationship coverage to deliver full product suite.
• Lead strategic dialogue to drive new business.
• Evaluate client relationships for prioritisation.

Skills

In-depth experience with financial sponsors

Excellent communication skills

Strong risk management skills

Job description

End Date: Thursday 11 December 2025

Salary Range: £0 - £0

We support flexible working – click here for more information on flexible working options

Flexible Working Options: Job Share

Job Description Summary.

Job Description

JOB TITLE: Associate Director, Private Equity Coverage

SALARY: Competitive Package

LOCATION: London

HOURS: Full time

WORKING PATTERN: Our work style is hybrid, which involves spending at least three days per week, or 60% of your time, in the office.

About this opportunity

We have a fantastic opportunity for an Associate Director, Private Equity Coverage to join our Financial Sponsors (FS) team based in London. FS is a market‑leading private markets fund finance franchise which operates in a growing global market.

Our team manages the Bank’s relationships with some of the world’s leading private market fund managers and the funds they manage. These managers operate across private equity (including direct LBO, fund of funds and secondaries), private debt, private infrastructure, and private real estate asset classes. Clients are headquartered in the UK and internationally and invest in real‑world operating businesses and projects.

What you’ll be doing

• Comprehensive relationship coverage to originate and deliver the full Lloyds product suite to Private Equity clients including debt, risk management and cash solutions.
• Deliver financial targets, including revenue growth and profitability.
• Lead the strategic dialogue both internally and externally in line with the activity plan to drive new business with clients.
• Leverage internal and external networks to develop a pipeline of new business opportunities.
• Ensure continuous evaluation of all client relationships to prioritise on the most attractive targets, exiting low value names where appropriate.
• Develop a strong working relationship with Risk and maintain strong risk discipline in managing client relationships to deliver sound and profitable business.

Why Lloyds Banking Group?

We’re on an exciting journey and there couldn’t be a better time to join us. The investments we’re making in our people, data and technology are leading to innovative projects, fresh possibilities and countless new ways for our people to work, learn and thrive.

What you’ll need

• In‑depth experience working with financial sponsors coupled with a good network within this space.
• Broad product knowledge and experience working in a multi‑product role.
• Specialist credit and sector knowledge with a passion for delivering excellent client experiences whilst identifying ways to grow income, balance sheet and market share.
• Excellent communication and customer management skills, with the ability to influence and collaborate effectively across different teams and hierarchies.
• Strong risk management and analytical skills are crucial.

And any experience of these would be useful

• Private equity experience would be highly beneficial.

About working for us

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.

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. 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 neurodivergent 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.

Benefits

• A generous pension contribution of up to 15%
• An annual bonus award, subject to Group performance
• 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

Certification & Compliance

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 will be required to complete a fitness and propriety attestation on commencement in role. Colleagues performing this role will be required to 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.

Managing certified colleagues will be identified as Manager of certification employees under SYSC 27.8.13R as defined in the FCA Handbook.

Our Purpose

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

Data Protection

We keep your data safe. We only ever ask you to provide confidential or sensitive information once you have formally been invited 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.

Diversity & Inclusion

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.