Associate Director, Securitised Products Group, LBCM

Lloyds Banking Group; Greater London; Hybrid; GBP 90,000 - 180,000; Full time

Benefits offered by this job

Pension 15%

Annual bonus

Share schemes

Lifestyle discounts

30 days holiday

Wellbeing programs

Parental leave

Job summary

Lloyds Banking Group is seeking an Associate Director for the Securitised Products Group in London. This client-facing origination, structuring and execution role sits within LBCM's SPG, focusing on asset-backed funding and distributed ABS globally.

You’ll work across FI, Corporate and Specialist Finance, modelling, client engagement and transaction execution across autos, RMBS, consumer and other asset classes, with a strong emphasis on collaboration and delivering complex solutions.

Qualifications

• 4+ years relevant securitisation and/or structured lending experience with an analytical or structuring focus.
• Strong execution background with experience supporting transactions through multiple deal stages.
• Understanding of deal structures, credit risk, legal documentation and typical originators.
• Strong analytical skills and proficiency in Excel, with cashflow modelling and data analysis.
• Clear written and verbal communication skills.
• Ability to build relationships and manage stakeholders with a collaborative approach.

Responsibilities

• Involved across the full transaction lifecycle: origination, structuring, execution and ongoing management.
• Support senior colleagues and take accountability for certain workstreams.
• Build client relationships and deliver client-focused materials.

Skills

Securitisation

Structured lending

Excel

Cashflow modelling

Stakeholder management

Communication

Job description

End Date

Thursday 15 October 2026

Salary Range

£0 - £0

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

Flexible Working Options

Hybrid Working, Job Share

Job Description Summary

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Job Description

JOB TITLE: Associate Director, Securitised Products Group, LBCM

LOCATION: London

HOURS: Full-time

What you’ll be doing:

You’ll join a client-facing origination, structuring and execution team, with a long-established position of prominence in the UK and broader European securitisation markets.

Within Lloyds Bank Corporate Markets (LBCM), the Securitised Products Group (SPG) are currently looking for two Associate Directors to join them within both the Corporate and Consumer teams. SPG are part of the Lloyds Bank Corporate Markets (LBCM) Global Markets business, based in London (and New York). The team provides both syndicated and bilateral asset-backed funding (alongside derivatives) to FI, corporate and specialist finance clients, as well as structuring, marketing and distributing public asset backed securities (ABS) globally.

As an Associate Director, you’ll support clients across FI, Corporate and Specialist Finance sectors, predominantly focused on autos, RMBS, consumer, SMEs, trade receivables, BNPL, and certain esoteric asset classes, also extending to other asset classes regularly originated by corporate and non-bank financial originators.You’ll work closely with team members and colleagues across coverage and Global Markets to identify and develop new business opportunities.

You’ll be involved across the full transaction lifecycle: from origination and structuring through to execution and ongoing transaction management – taking accountability for certain workstreams and supporting senior colleagues. The role offers broad exposure, including financial modelling and data analysis, structuring considerations, building client relationships, transaction execution, along with preparation and delivery of client materials. You’ll also play an active role in supporting origination and client engagement activity.

From building a truly sustainable business to creating a place where people love to work, we need colleagues who are up for the challenge of our bold ambitions. Who are excited to push boundaries and make change happen. Together, we can grow with purpose.

Why join us?

If you think all banks are the same, you’re wrong. We’re a pioneering, fast-changing business that’s shaping finance as a force for good. If you’re after a role where you can have an impact and do the best work of your career, you’ve just found it.

What we’re looking for:

4+ years relevant securitisation and/or structured lending experience with an analytical or structuring focus, within a financial institution, rating agency or in an equivalent setting

A strong execution background, with experience supporting transactions through multiple stages of the deal lifecycle

An understanding of deal structures, credit risk, legal documentation and typical originators

Strong analytical skills and proficiency in Excel, with experience of cashflow modelling and data analysis

Clear written and verbal communication skills

Ability to build relationships and effectively manage a variety of stakeholders, coupled with a collaborative approach to client delivery

Well organised, with the ability to manage multiple deliverables and prioritise effectively

Ideally you’ll also have the following desirable Experience:

Experience with related asset classes – autos, RMBS, consumer, SMEs, trade receivables, BNPL, and other specialty assets

Public RMBS / ABS experience

Private securitisation lending / warehouse experience

Experience preparing credit or committee papers

Additional experience of other common modelling platforms

This is a place for you:

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. 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 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.

We also offer a wide-ranging benefits package, which includes:

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

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.

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.