Associate, Structured Distribution, Portfolio Management

Lloyds Banking Group; Cardiff; On-site; GBP 45,000 - 65,000; Full time

Benefits offered by this job

Pension up to 15%

Annual bonus

Share schemes

Discounted shopping

28 days holiday

Wellbeing initiatives

Parental leave

Job summary

Lloyds Banking Group is offering an Associate role within the Portfolio Management team to support the Structured Distribution initiative across CIB and BCB. You will help execute credit risk mitigation tools, expand limits, and enable more lending with our clients.

The role emphasizes stakeholder engagement across Coverage, Product, Credit, Finance and Treasury, data analysis, and understanding of Credit Risk Insurance and Credit Default Swaps, with opportunities to learn and grow in a

Job description

The Portfolio Management (PM) team exists to build and optimise LBG's Commercial Banking portfolio, which includes Business & Commercial Banking (BCB) and Corporate & Institutional Banking (CIB) lending. The team is responsible for delivering an efficient use of financial resources (e.g. capital, liquidity, funding) to create space to do more with our clients, whilst improving value for shareholders. Key to achieving this is our Structured Distribution team within PM. Our team is responsible for developing, executing and managing a range of structured transactions which aim to increase origination capacity, reduce risk and increase returns. This includes risk distribution / mitigation techniques, including the purchase of credit risk mitigation tools: Credit Risk Insurance and Credit Default Swaps. We have a new exciting Associate opportunity where you'll support the execution of these tools, maximising limits available and enabling additional business to be written! This role is an excellent opportunity to work on credit risk mitigation initiatives. These initiatives span Commercial & Institutional Banking (CIB) and Business & Commercial Banking (BCB), focusing on optimising the portfolio in terms recycling bank limits. This role will enable you:

• Become a key part of the Structured Distribution team, working to manage and improve our credit risk mitigation tools on behalf of the Commercial Bank
• Upskill specifically in the use of Credit Risk Insurance and Credit Default Swaps
• Engage with colleagues across Coverage, Product, Credit, Finance and Treasury to deploy credit risk mitigation tools to enable deepening of relationships with clients while reducing the bank's risk and capital
• Analyse data and intel from multiple sources to drive the development of risk mitigation tools
• Actively maintain relationships with both internal partners and the external market, to provide opportunities for growth
• Develop the Commercial & Institutional Bank's understanding of risk mitigation tool options, helping to bring these solutions to the forefront of credit and pricing conversations
  You'll be a motivated and enthusiastic colleague with good stakeholder management skills and analytical ability. We welcome applications from colleagues who can demonstrate the following skills:
• Experience within financial services
• Great communication skills (written and oral) with the ability to explain complicated concepts concisely and fully to less familiar audiences
• Strong stakeholder management skills and a desire to collaborate are required to build and maintain positive links with internal and external groups
• Able to manage and prioritise multiple deliverables in a timely and effective manner
• Good excel skills with a methodical and analytical approach to decision making
• Ability to present complex information simply
• Strategic approach with the ability to think laterally, be innovative and find creative solutions
• A desire to learn! This will enable you to understand, evaluate and execute transactions
• And any of experience of these would be great:
• A good grasp of our products and services will be beneficial
• Understanding of the Group's capital management framework
• The ideal candidate would have some knowledge or experience of credit risk mitigation tools.
• 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. 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 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
• 28 days' holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies