Associate Director - Private Equity Coverage

Lloyds Banking Group; City of Westminster; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading financial institution in the UK seeks an Associate Director for Private Equity Coverage. This role involves managing relationships with top private market fund managers, delivering comprehensive financial solutions, and driving business growth. Ideal candidates will have significant experience with financial sponsors and excellent communication skills. The position offers competitive benefits including a generous pension and annual bonuses.

Benefits

15% pension contribution

Annual bonus

Share schemes

Discounted shopping

30 days' holiday

Wellbeing initiatives

Generous parental leave

Qualifications

• In-depth experience working with financial sponsors.
• Broad product knowledge in a multi-product role.
• Specialist credit and sector knowledge.
• Excellent communication and customer management skills.
• Strong risk management and analytical skills.

Responsibilities

• Originate and deliver the full product suite to Private Equity clients.
• Deliver financial targets including revenue growth.
• Lead strategic dialogues with clients.
• Develop new business opportunities through networking.
• Evaluate client relationships to prioritize targets.

Skills

Financial sponsors experience

Communication skills

Risk management

Analytical skills

Client management skills

Job description

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 is responsible for managing 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.

Responsibilities

• 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 activity 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.

Qualifications

• 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.

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.

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.