Associate - Non-Core & Loan Servicing, CIB Debt Products

LLOYDS BANK PLC; City of Edinburgh; Hybrid; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Flexible working options

Job share

Generous pension contribution (up to 5

Annual bonus

Share schemes

28 days’ holiday

Job summary

Lloyds Banking Group is recruiting for an Associate – Non-Core & Loan Servicing, CIB Debt Products in Edinburgh or London. The role is hybrid, with at least two days per week in one of the office sites, and involves managing a portfolio of debt exposures and delivering credit reviews across UK clients such as PFI projects and public infrastructure.

You’ll work with Credit, Scottish Widows and other lenders, analyse financial models, assess emerging risks and maintain accurate portfolio data.

Qualifications

• Two years’ credit experience in corporate, commercial or project finance environment.
• Experience preparing or contributing to credit papers and familiarity with loan documentation.
• Experience supporting complex client requests, such as waivers and amendments.
• Strong analytical skills, including advanced Excel and the ability to interrogate financial models.

Responsibilities

• Manage a portfolio of debt exposures to PFI companies and other project finance transactions.
• Produce annual credit reviews, reports and approval requests for Credit, Scottish Widows and other stakeholders.
• Analyse financial models and monitor project and operational performance.
• Collaborate with Credit, internal teams and lenders to identify and manage emerging risks.

Skills

Credit analysis

Credit risk assessment

Loan documentation

Waivers and amendments

Advanced Excel

Client engagement

Tools

Excel

Job description

End Date Thursday 26 November 2026

Salary Range £0 - £0

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

Flexible Working Options

Job Share

Job Description

Job Title: Associate – Non-Core & Loan Servicing, CIB Debt Products

Location: Edinburgh or London

Hours: Full-time

Working Pattern: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our above office sites. Colleagues with disabilities can be supported with workplace adjustments including hybrid working expectations in line with our Flexibility Works policy.

What you’ll be doing

This is a great opportunity to join a collaborative and client-facing team, where you’ll play a key role in managing a portfolio of debt exposures to Private Finance Initiative ("PFI") companies and other project finance transactions. As an Associate, you’ll take ownership of a portfolio of clients, with responsibility for managing credit risk and dealing with client variation and consent requests. Working alongside experienced colleagues, you’ll assess emerging risks and work closely with internal teams, including Credit, as well as Scottish Widows in its capacity as lender to certain transactions. You’ll build relationships with clients across the UK, supporting the ongoing operation of the nation’s social infrastructure, such as schools and hospitals, as well as renewable energy projects. There will be opportunities to visit clients on site, and you’ll also interact regularly with other lenders, agent banks, legal and technical advisers! Your primary output will be annual credit reviews, reports and approval requests for Credit, Scottish Widows and other stakeholders. These will draw on financial model analysis, ongoing monitoring of project and operational performance, and summaries of technical and legal due diligence, alongside commercial analysis of how these factors affect the risk to the Bank’s exposure. You’ll identify and elevate emerging risks and work with clients, advisers and internal stakeholders to understand and manage them. You’ll also be responsible for maintaining accurate credit and portfolio information across our systems. You may support wider portfolio and balance sheet initiatives across CIB Debt Products.

Why join us

We’re on an exciting journey to transform our Group and the way we’re shaping finance for good. We’re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone.

What we’re looking for

• Two years’ demonstrated credit experience, including financial analysis and credit risk assessment in a corporate, commercial or project finance environment
• Experience preparing or contributing to credit papers and familiarity with loan documentation
• Experience supporting complex client requests, such as waivers and amendments
• Strong analytical skills, including advanced Excel skills and the ability to interrogate financial models
• Confident communicator with the ability to engage effectively with clients and senior stakeholders
• Proactive and well organised, with a proven track record of balancing multiple priorities and delivering high-quality work in a collaborative environment

And any experience of these would be great

• Project finance, infrastructure or PFI lending experience
• Exposure to complex financing structures, syndicated or multi-lender transactions

Previous PFI experience isn’t essential. We’ll support you in developing your knowledge of the sector and its financing structures. We recognise that skills are developed in different ways, so if you have relevant, transferable experience, we encourage you to apply. This is a place for you.

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
• 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

Like what you hear? Join us! 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. With 320 years under our belt, we're used to change, and today is no different. Join us and help drive this change, shaping the future of finance whilst working at pace to deliver for our customers. Here, you'll do the best work of your career. Your impact will be amplified by our scale as you learn and develop, gaining skills for the future.

Should you wish to contact us for any reason, please email us at: [e-mail] For more Flexible Working Options please use the free text search, e.g. job sharing, variable hours, to identify relevant matches.