Associate Director, Strategic Debt Finance - Asset Management in Birmingham

Strategic Debt Finance Asset Management ("SDF AM") are responsible for managing the Bank's c.£3.0bn portfolio of highly levered Corporate and/or Private Equity backed transactions. The SDF AM Associate Director role has responsibility for leading and managing a portfolio of clients, where activity levels are high. The portfolio is diverse, complex and fast paced. The role includes not only active portfolio management, completing annual renewals and delivery of multiple ad-hoc client credit requests but also taking the lead on complex credit events such as covenant re-sets/amendments, amend to extend requests, incremental facilities, bolt-on acquisitions and tenor extensions, supporting the SDF Origination business. A key focus of the role is to identify/minimise risk via detailed assessment and analysis of our clients (cash flow, business model, risks, management assessment, market). Significant internal and external reporting.

About the Opportunity

Lloyds Banking Group is helping Britain prosper, supporting millions of customers and businesses every day. Within our Corporate & Institutional Banking division, the Strategic Debt Finance (SDF) Asset Management team plays a critical role in managing some of the most sophisticated and high value lending relationships in the market. We work at the sharp end of credit risk, overseeing complex debt positions with private equity backed businesses and leveraged corporates. As Associate Director, you’ll step into a role that blends commercial insight with hands-on portfolio management. You’ll lead client engagement, navigate complex credit events and help shape the risk and return profile of a dynamic portfolio. This is a chance to work on transactions that matter, influence strategic outcomes and collaborate across the Group to unlock new opportunities.

Key Accountabilities

• Lead a portfolio of existing private equity backed and leveraged corporate clients
• Monitor clients financial performance, covenants and ESG factors to assess credit quality
• Lead credit events including covenant resets, amendments and incremental facilities
• Find opportunities to enhance the Bank’s risk/reward profile
• Collaborate with clients, private equity sponsors, coverage teams and internal stakeholders to support refinancing and new business
• Contribute to internal and regulatory reporting and support wider team initiatives

What You'll Need

• Background in credit risk management and leveraged finance, within a large financial institution
• Strong financial analysis and risk assessment skills, including understanding of client trading information and financial accounts
• Experience managing complex client relationships and transactions
• Familiarity with leveraged finance structuring, private equity sponsors and ESG considerations
• Effective communication and stakeholder management skills
• Experience supporting or leading colleagues in a team environment

About Working For Us

Our focus is to ensure we’re inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. As an inclusive employer, we offer Workplace Adjustments for colleagues with a disability (which may include long term health and neurodivergent conditions) where it is reasonable to do so. This could include flexibility with regards to office attendance, location, and working pattern. If you have a disability, you can also apply via our Disability Confident Scheme (DCS). Through the DCS, we guarantee to interview a fair and proportionate number of applicants with a disability, whose application meets the minimum criteria for the advertised job role. We also provide adjustments that are reasonable throughout the recruitment process to reduce or remove barriers for applicants with a disability, long-term health condition or neurodivergent condition. If you’d like an adjustment to the recruitment process just let us know.

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

Apply today and find out more!

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.