Business Manager, Institutional Coverage

LLOYDS BANK PLC; City Of London; Hybrid; GBP 73,000 - 81,000; Full time

Benefits offered by this job

Pension up to 15%

Annual bonus

Share schemes

30 days holiday

Job summary

Lloyds Banking Group in London is recruiting a Business Manager for Institutional Coverage within the Corporate and Institutional Banking division. The role provides high‑impact business management and operational support, partnering with Institutional Sector Heads and central teams to drive strategy, budgeting, reporting and governance.

The ideal candidate has 2+ years in a regulated financial services business management role, strong written communication, stakeholder management, and

Qualifications

• 2+ years’ experience in a business management role within a regulated financial services environment.
• Experience writing strategies and knowledge of Institutional clients and product requirements
• Experience producing MI and supporting budgets working closely with Finance and Business Operations
• Excellent written communication skills, showing strength in drafting polished internal updates, meeting notes, briefings and executive materials
• Strong organisational skills, with the ability to prioritise competing deadlines and stakeholders while maintaining high attention to detail and sound judgement
• Confident stakeholder manager, comfortable engaging with senior sector leaders and handling sensitive or critical information with appropriate discretion
• Proficiency in Microsoft 365 (Outlook, PowerPoint, Excel, Teams, SharePoint)
• Familiarity with institutional coverage models, relationship‑led banking, and client‑focused environments

Responsibilities

• Provide high-impact business management and operational support for Institutional Coverage
• Drive priorities across Institutional Coverage with strategy, budgets, and reports
• Produce MI and executive materials for decision making
• Coordinate with Finance, Risk, and Group partners to ensure governance and risk handling
• Support internal communications and colleague engagement across Institutional Coverage

Skills

Business management

Regulated financial services

Strategy writing

MI reporting

Budget support

Stakeholder management

Communication skills

Microsoft 365

Tools

Microsoft 365

Job description

End Date Tuesday 17 November 2026

Salary Range £72,702 - £80,780

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: 162009 Business Manager, Institutional Coverage Location: London Hours: Full-Time Salary: £72,702 - £80,780 Working Pattern: Our work style is hybrid, which involves spending at least three days per week, or 60% of our time, at one of our London office. Colleagues with disabilities can be supported with workplace adjustments including hybrid working expectations in line with our Flexibility Works policy.

About this Opportunity

This role sits within Corporate and Institutional Banking (CIB) Coverage central Business Management team, providing high-impact business management and operational support for Institutional Coverage. It’s a central role within the coverage business, offering strong exposure across the Institutional sectors and wider CIB. Working closely with Institutional Sector Heads across Global Banks, Insurance, Sponsors, and Asset & Wealth Management, you’ll help drive key priorities across Institutional Coverage. This includes strategy and project work, supporting budgets and investment activity, and producing reports, MI, and executive materials to support decision making. You’ll act as a key connector between Institutional Coverage, CIB Stakeholders and Group partners such as Finance, Risk, Business Operations and other central teams, ensuring activity is well governed, and risks are handled effectively. The role also involves shaping internal communications, colleague engagement and cultural activity across the Institutional Coverage community.

Why Lloyds Banking Group?

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. Including you!

What we’re looking for:

• 2+ years’ experience in a business management role within a regulated financial services environment
• Experience of writing strategies and knowledge of Institutional clients and product requirements
• Experience producing MI and supporting budgets working closely with Finance and Business Operations
• Excellent written communication skills, showing strength in drafting polished internal updates, meeting notes, briefings and executive materials
• Strong organisational skills, with the ability to prioritise competing deadlines and stakeholders while maintaining high attention to detail and sound judgement
• Confident stakeholder manager, comfortable engaging with senior sector leaders and handling sensitive or critical information with appropriate discretion
• Proficiency in Microsoft 365 (Outlook, PowerPoint, Excel, Teams, SharePoint)
• And any experience of these would be great:
• Familiarity with institutional coverage models, relationship‑led banking, and client‑focused environments

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 was 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 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

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.