Credit Officer - Specialist Finance (Financial Institutions)

Location(s): London, Birmingham or Edinburgh

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 office sites.

An exciting opportunity has arisen for a Credit Officer to join the ‘Specialist Non-Bank Financial Institutions (“NBFI”)’ team, which forms part of the broader Financial Institutions (“FI”) Credit Risk team. In Credit Risk we're here to support our business partners in achieving their goals, whilst managing credit risk and protecting the bank from any losses. In the broader FI Credit team, we work with clients you’ll likely to already know ranging from insurance companies to banks, to pension funds and governments.

In this role, your focus will be primarily split between the Diversified Financials and Specialist Finance portfolios, which are composed of Central Counterparties (CCPs), Brokers, Payment Service Providers (PSPs) and Non-Bank Specialist Lenders (including mortgage lenders, consumer credit lenders, SME lenders etc.). You will prepare new business and annual credit reviews & present these submissions to sanctioning officials for approval. You’ll also get the opportunity to lead credit due diligence calls with clients, shape deal structures and inform credit risk appetite.

We're a small team with a motivating & collaborative team culture so everyone who joins is vital. With a healthy growth agenda for the FI portfolio, this role will provide lots of opportunity for new business, learning & development and general variety in your workload. Attention to detail is a key skill needed to excel in this role, but any training gaps will be provided with the full support & guidance of the current team. Our goal is for the new credit officer hire to become an active & valuable member of our team and the wider FI Credit team (which has a great culture and can be a fun place to work).

Well ideally you would have:

• A robust understanding of the credit risk assessment of Financial Institutions or Large Corporate clients.
• Is also desirable an understanding of Securitised Products structures (ABS, RMBS, etc.) and related credit risk drivers.
• Sound knowledge of rating agency methodologies and their application in transactions.
• Proficiency in credit analysis including cash flow modelling, stress testing, and scenario analysis.
• Prior experience at a Bank and/or Rating agency desired.
• Awareness of macroeconomic factors impacting asset performance and credit risk.
• Exceptional organisation skills with the ability to juggle multiple requests, prioritise workloads, meet deadlines, as well as having the confidence to flag when you might need help.
• Strong communication skills both written and verbal.
• A committed team player with the ability to build & manage positive internal colleague relationships outside of the team.

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

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture.

If you’d like reasonable adjustments to our recruitment process, just let us know. This is a once in a career opportunity to help shape your future as well as ours.

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'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.