Associate, Leverage Finance

Lloyds Banking Group; City Of London; On-site; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Pension up to 15%

Annual bonus

Share schemes

Discounted shopping

28 days + bank holidays

Wellbeing & parental leave

Job summary

Lloyds Banking Group is seeking an Associate in Leverage Finance in London. You will help originate and execute structured debt transactions across mid to large-cap markets, supporting senior colleagues and contributing to the team’s plan and income.

You’ll prepare credit and investment committee papers, produce client materials, and analyse complex data to inform discussions with private equity sponsors and corporate clients. This is a hybrid role based in London.

Qualifications

• 2+ years' experience in the leveraged finance market or related leveraged debt transactions.
• Advanced financial modelling and analytical skills, including Excel.
• Experience preparing credit papers or investment committee submissions.
• Strong written and verbal communication, with ability to present complex information to stakeholders.
• PowerPoint skills to support production of marketing materials.

Responsibilities

• Support origination and execution of leverage finance transactions.
• Prepare credit papers and investment committee papers.
• Produce internal reports and client marketing materials.
• Research opportunities and analyze data to inform client conversations and product offerings.

Skills

Leveraged finance

Financial modelling

Credit papers

Presentation skills

Debt/M&A advisory

Tools

PowerPoint

Excel

Job description

End Date Friday 23 October 2026

Salary Range £0 - £0

We support flexible working –

Job Title

Associate, Leverage Finance

Location

London

Hours

Full-Time

Working Pattern

Our work style is hybrid, which involves spending at least three days per week or 60% of our time, at our London office.

Summary

Looking to build your career by helping deliver structured debt transactions across the mid and large-cap leverage finance markets? Join our Leverage Finance team within Corporate & Institutional Banking, which supports UK and international corporate clients with tailored financing and risk‑management solutions. As a product specialist, you’ll support senior colleagues, contribute to the team’s business plan and income, and play an integral role throughout the transaction lifecycle. You’ll support the origination and execution of leverage finance transactions, prepare credit and investment committee papers, produce internal reports and client marketing materials. You’ll also research future opportunities and analyse complex data to inform client conversations and develop relevant product offerings. Working with Private Equity sponsors, corporate clients, advisers and internal partners, you’ll help strengthen relationships, identify new business opportunities and deliver well‑executed transactions. You’ll ensure deals are appropriately priced and completed in line with regulatory requirements and the Group’s goals and values.

Qualifications & Requirements

• 2+ years' experience in the leveraged finance market and experience supporting leveraged debt transactions
• Excellent financial modelling and analytical skills, including advanced Microsoft Excel capability
• Experience preparing credit papers, investment committee submissions, or similar transaction‑related documentation
• Strong written and verbal communication skills, with experience of presenting complex information to a range of stakeholders
• Strong PowerPoint skills to support production of marketing materials
• And any experience of these would be great: Direct leverage finance experience or experience in similar fields such as Debt or M&A Advisory as well as Transaction Services with an Accountancy firm Accountancy qualifications

Benefits

• 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
• 28 days’ holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies

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. 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:

Join Us and Grow with 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.

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.