SSA Associate Director

lloyds banking group; Greater London; Hybrid; GBP 100,000 - 125,000; Full time

Job summary

A leading financial institution in London is seeking an Associate Director for Sovereign, Supranational, and Agency clients. You will manage and grow client relationships, support financing initiatives, and collaborate closely with internal and external stakeholders. Candidates should have extensive banking knowledge, a strong track record in capital markets, and exceptional communication skills. The role promotes flexible hybrid working and offers a comprehensive benefits package.

Benefits

Generous pension contribution

Annual performance-related bonus

Share schemes

30 days annual leave

Well-being initiatives

Qualifications

• Proficient in cash management with knowledge of credit and financial markets.
• Experience in a client-facing or coverage role with SSA clients.
• A proven track record in capital markets origination and execution.
• Knowledge of operational documentation for SSA clients.
• Excellent communication skills and proven relationship-building capabilities.
• Strong analytical and financial skills.

Responsibilities

• Drive proactive management of the client portfolio.
• Support financing efforts for government-linked clients.
• Manage key client relationships and assist in client analysis.
• Identify and acquire new business for SSA clients.
• Stay informed about market and regulatory developments.

Skills

Banking Knowledge

Coverage Experience

Track Record

Operational Knowledge

Communication Skills

Analytical Skills

Job description

End Date Friday 23 January 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 - Sovereign, Supranational and Agency (SSA) clients

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 one of our office sites.

About this Opportunity

Are you ready to take your career to the next level? We're thrilled to offer an exciting opportunity for an Associate Director to join our governments sector in Institutional Coverage, based in London.

This role is your chance to be part of a dynamic and rapidly growing team, where you'll play a pivotal role in our aspiration to become a leading bank for SSA clients.

What you’ll be doing

• Drive Growth: Ensure strong, proactive management of the client portfolio, maintaining close ties with key external and internal partners and aligning with all regulatory and group policy requirements.
• Origination Efforts: Play a key role in supporting the end-to-end financing journey for government-linked clients. You'll demonstrate your sector knowledge to unlock new banking opportunities.
• Relationship Management: Support the Head of Sector and Director in managing key client relationships, with additional responsibility for a portfolio of clients.
• Client Engagement: Assist with client analysis, preparation of presentations, submissions to business/credit committees, and support team P&L management.
• Expand SSA Business: Proactively identify and acquire new business with a focus on improving revenue growth through central initiatives and cross-selling opportunities, across capital and financial markets, lending and ECA.
• Market Awareness: Stay informed about key market and regulatory developments, understand the target client base and market dynamics, and review, evaluate, and mitigate potential risks.

Why Lloyds 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 you’ll need

• Banking Knowledge: Proficient in cash management and payments, with in-depth knowledge of credit/lending and financial markets products (repos, bonds, deposits, FX).
• Coverage Experience: Previous experience in a client-facing or coverage role, with prior experience with sovereign, supra and agency (SSA) community.
• Track Record: A track record of origination and execution in capital markets (DCM, loans), solving challenges and identifying opportunities for SSAs globally.
• Operational Knowledge: Strong operational documentation knowledge for SSA clients (including GMRA, ISDA) and experience with reputational risk, client servicing, KYC, cross-border, and onboarding.
• Communication Skills: Excellent verbal and written communication and interpersonal skills with a proven track record of building, sustaining, and nurturing client relationships.
• Analytical Skills: Strong analytical and financial analysis skills, diligent and capable of running multiple workstreams.

About Working For Us

Our ambition is to be the top tier 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.

Benefits Package

• 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

This is a once in a career opportunity to help shape your future as well as ours. Join us and grow with purpose!

This role is considered Certified under the Senior Manager and Certification Regime as either requiring mandatory qualifications or being deemed as a role capable of providing ‘significant harm’ to customers. Due to this, successful candidates will be subject to enhanced levels of vetting, and required to complete a fitness and propriety attestation on commencement in role. Colleagues performing this role will be required to be complete a fitness and proprity attestation on an annual basis and will also be subject to additional routine criminal and credit checks. As a certified colleague your details will be published on the FCA’s Financial Services Register. This role has been identified as a Client-dealing function under SYSC 27.8.18R as defined in the FCA Handbook. The Person (“P”) performs the client-dealing FCA certification function for a firm if: (1) P is carrying out any of the activities in the table in SYSC 27.8.19R; and (2) the activities will involve P dealing with: (a) a person with or for whom those activities are carried out; or (b) the property of any such person; in a manner substantially connected with the carrying on of regulated activities by the firm. If you manage certified colleagues this role will be identified as Manager of certification employees under SYSC 27.8.13R as defined in the FCA Handbook. The function of managing or supervising a certification employee, directly or indirectly, is an FCA-specified significant-harm function. (2) A function in (1) is not an FCA certification function for that firm if it is performed by an SMF manager of that firm.

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.