Associate Director – Structuring, Trade and Working Capital Solutions

Lloyds Banking Group; Greater London; Hybrid; GBP 120,000 - 180,000; Full time

Benefits offered by this job

Pension contribution up to 15%

Annual performance bonus

Share schemes

Job summary

Lloyds Banking Group in London seeks an Associate Director to lead structuring for Trade and Working Capital Solutions. Hybrid work involves at least 60% in the office.

You’ll collaborate with coverage, sales, product, operations, risk and legal to shape and execute complex solutions for corporate clients. You’ll lead financial modelling, due diligence and risk assessment across structures such as open account, traditional and structured trade, supply chain and receivables financing.

Qualifications

• We will look for experience in transaction banking, trade finance and working capital products.
• Ability to shape, structure and execute customised financial transactions for corporate or FI clients.
• Strong modelling skills to support pricing, cash flows and risk assessment.

Responsibilities

• Act as client-facing structuring partner to understand requirements and shape proposals.
• Develop transaction structures and term sheets across open account, trade and receivables finance.
• Lead due diligence and financial modelling for opportunities and assess risks.
• Engage with operations, risk, product and legal to confirm readiness and approvals.
• Prepare product analyses, papers and materials for approval and funding decisions.
• Coordinate end-to-end structuring to closing with clear handover of terms.

Skills

Transaction banking

Trade finance

Financial modelling

Credit underwriting

Stakeholder management

Job description

Associate Director – Structuring, Trade and Working Capital SolutionsDo you accept our cookie policy?### Associate Director – Structuring, Trade and Working Capital SolutionsApply: London: Full time: Posted Today: End Date: November 12, 2026 (13 days left to apply): 163518**End Date**Wednesday 11 November 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**.**Job Description****JOB TITLE:** Associate Director, Structuring,Trade and Working Capital - Transaction Banking Solutions **LOCATION:** London **HOURS:** Full Time **WORKING PATTERN:** Our work style is hybrid which involves spending at least 3 days per week, or 60% of your time, in the office. **What you’ll be doing**We’re looking for an Associate Director to join our Structuring team within Transaction Banking Solutions (TBS), supporting the structuring and execution of complex Trade and Working Capital solutions for corporate and institutional clients. Working with coverage, sales, product, operations, technology, risk and legal, the role develops commercially viable and deliverable solutions and supports transactions from structuring through execution. Your accountabilities will include:* Act as a client-facing structuring partner, engaging directly with clients to understand their requirements, shape trade and working capital proposals, develop transaction solutions and support pitches and pricing discussions.* Develop and negotiate transaction structures and term sheets across open account, traditional and structured trade, commodity and export finance, supply chain finance, receivables and invoice finance, asset finance and similar solution incorporating digital assets where applicable, including links to cash management, payments and FX where relevant.* Lead transaction due diligence and financial modelling for assigned opportunities, assessing cash flows, pricing, returns, sensitivities, structural assumptions and key commercial, legal, regulatory, tax, operational, liquidity and conduct risks.* Engage implementation, operations, product, risk, legal and markets early to confirm operational readiness, documentation and implementation requirements, funding costs and any product exceptions or non-standard terms requiring approval.* Prepare first-line product analysis, Product Papers and supporting approval materials, including recommendations on transaction-specific credit limit allocation, and ensure submissions are complete and accurate.* Provide product and structural input to the underwriting and credit approval process, while escalating material issues and maintaining clear boundaries with coverage, sales, product, underwriting and credit risk decision-makers.* Coordinate the agreed structure through approval and execution, supporting documentation, negotiation, approvals, operational readiness and closing, and provide a clear handover of the approved terms, due diligence, financial model, dependencies and requirements.* Capture transaction and market insight to improve structuring practices, controls and propositions, while supporting junior colleagues and escalating risks or control weaknesses. **What we need from you:**Essential skills:* Experience in transaction banking, trade finance, working capital, asset-backed lending, securitisation, asset finance, credit underwriting or a related structuring and execution role, with good knowledge of relevant trade and working capital products.* Experience shaping, structuring and executing customised transactions for corporate and/or financial institution clients, including term sheets, due diligence, product approvals, documentation and closing.* Strong financial modelling skills across different transaction structures, including cash flow, pricing, returns, sensitivities and key assumptions, to support structuring decisions and approvals.* Working knowledge of credit, legal documentation, product governance, operational readiness and transaction execution, with a clear understanding of the respective roles of coverage, sales, product, underwriting, credit risk and implementation.* Strong commercial judgement, with the ability to assess client needs, transaction economics and risk, develop clear recommendations and escalate complex or material matters.* Effective client communication, collaboration, negotiation and presentation skills, with the ability to manage priorities and support junior colleagues.Desirable skills:* A relevant professional qualification in treasury, banking, finance, risk or a related discipline.* Awareness of digital trade, tokenised money, digital payments or emerging settlement models.* Exposure to product development, proposition design or process improvement.* Understanding of corporate treasury and working capital operating models, including centralisation and multi-entity structures.* Experience across multiple trade, working capital or adjacent transaction banking products. **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. 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 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 Ready for a career where you’ll learn and thrive? Apply today and find out more!**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.**