Associate Director, Strategic Debt Finance

Lloyds Banking Group; City of Westminster; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading financial institution is seeking an Associate Director for Strategic Debt Finance Asset Management. The role involves managing a diverse portfolio, overseeing credit events, and enhancing risk/reward profiles. Candidates should have a background in credit risk management, strong financial analysis skills, and experience in leveraging client relationships. This position offers opportunities for impactful financial services work and personal growth within the organization.

Benefits

Generous pension contribution 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

• Background in credit risk management and leveraged finance within a large financial institution.
• Strong financial analysis and risk assessment skills.
• Experience managing complex client relationships and transactions.
• Familiarity with leveraged finance structuring and private equity sponsors.
• Effective communication and stakeholder management skills.

Responsibilities

• Lead a portfolio of private equity backed and leveraged corporate clients.
• Monitor clients' financial performance and assess credit quality.
• Lead credit events including covenant resets and amendments.
• Find opportunities to enhance the Bank's risk/reward profile.
• Collaborate with clients and internal stakeholders.

Skills

Credit risk management

Financial analysis

Communication skills

Stakeholder management

Job description

Overview

Strategic Debt Finance Asset Management (SDF AM) are responsible for managing the Bank's c.£3.0bn portfolio of highly levered Corporate and/or Private Equity backed transactions. The SDF AM Associate Director role has responsibility for leading and managing a portfolio of clients, where activity levels are high. The portfolio is diverse, complex and fast paced. The role includes not only active portfolio management, completing annual renewals and delivery of multiple ad-hoc client credit requests but also taking the lead on complex credit events such as covenant re-sets / amendments, amend to extend requests, incremental facilities, bolt-on acquisitions and tenor extensions, supporting the SDF Origination business. A key focus of the role is to identify / minimise risk via detailed assessment and analysis of our clients (cash flow, business model, risks, management assessment, market). Significant internal and external reporting. Lloyds Banking Group is helping Britain prosper, supporting millions of customers and businesses every day.

Within our Corporate & Institutional Banking division, the Strategic Debt Finance (SDF) Asset Management team plays a critical role in managing some of the most sophisticated and high value lending relationships in the market. We work at the sharp end of credit risk, overseeing complex debt positions with private equity backed businesses and leveraged corporates. As Associate Director, you'll step into a role that blends commercial insight with hands-on portfolio management. You'll lead client engagement, navigate complex credit events and help shape the risk and return profile of a dynamic portfolio. This is a chance to work on transactions that matter, influence strategic outcomes and collaborate across the Group to unlock new opportunities.

Responsibilities

• Lead a portfolio of existing private equity backed and leveraged corporate clients
• Monitor clients financial performance, covenants and ESG factors to assess credit quality
• Lead credit events including covenant resets, amendments and incremental facilities
• Find opportunities to enhance the Bank's risk/reward profile
• Collaborate with clients, private equity sponsors, coverage teams and internal stakeholders to support refinancing and new business
• Contribute to internal and regulatory reporting and support wider team initiatives

Qualifications

• Background in credit risk management and leveraged finance, within a large financial institution
• Strong financial analysis and risk assessment skills, including understanding of client trading information and financial accounts
• Experience managing complex client relationships and transactions
• Familiarity with leveraged finance structuring, private equity sponsors and ESG considerations
• Effective communication and stakeholder management skills
• Experience supporting or leading colleagues in a team environment

Additional information

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. We'll only ask you to provide confidential or sensitive information after you have formally been invited to interview or accepted a verbal offer to join us, at which point we run background checks. We'll explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. We are 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 an inclusive workplace where all colleagues can make a real difference.

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. As an inclusive employer, we offer Workplace Adjustments for colleagues with a disability, which may include long term health and neurodivergent conditions. Adjustments may include flexibility with regards to office attendance, location, and working pattern. If you have a disability, you can also apply via our Disability Confident Scheme (DCS), which guarantees to interview a fair and proportionate number of applicants with a disability whose application meets minimum criteria. We provide adjustments throughout the recruitment process to reduce or remove barriers for applicants with a disability, long-term health condition or neurodivergent condition. If you'd like an adjustment to the recruitment process just let us know. 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