At a Glance
- Tasks: Manage credit risk and provide insightful analysis for securitised products.
- Company: Join Lloyds Banking Group, a leader in financial services with a purpose.
- Benefits: Enjoy flexible working, generous pension, 30 days holiday, and performance bonuses.
- Other info: Inclusive culture with opportunities for learning and development.
- Why this job: Shape the future of finance while growing your career in a collaborative team.
- Qualifications: Understanding of securitised products and strong communication skills required.
An exciting opportunity has arisen for a Credit Officer to join the Securitisation 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 supporting the Securitised Products Group. As part of this role, you’ll manage a portfolio of counterparties, and provide insightful, high-quality analysis, advice and guidance in a specific area of credit risk, executing control and tailored to senior stakeholder needs. 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).
So who are you?
- A robust 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.
- Aware of macroeconomic factors impacting asset performance and credit risk.
- A sound understanding of the credit risk assessment of Financial Institutions or Large Corporate clients.
- 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.
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'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.
Credit Officer - Securitisation - Financial Institutions in London employer: Lloyds Bank plc
Lloyds Banking Group is an exceptional employer, offering a dynamic and collaborative work culture that prioritises employee growth and development. With flexible working options, a generous benefits package including a substantial pension contribution and 30 days of holiday, as well as a commitment to diversity and inclusion, employees are empowered to thrive both personally and professionally in locations such as London, Birmingham, Leeds, and Edinburgh.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Officer - Securitisation - Financial Institutions in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who know about securitisation. A friendly chat can lead to insider info on job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of credit risk and securitised products. We recommend practising common interview questions and having examples ready that showcase your skills and experience.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, you’ll find all the latest opportunities tailored to your skills in one place.
We think you need these skills to ace Credit Officer - Securitisation - Financial Institutions in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Credit Officer role. Highlight your experience with securitised products and credit risk analysis. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Skills:Don’t forget to showcase your analytical skills and attention to detail in your application. Mention any relevant experience with cash flow modelling or stress testing, as these are key for us in this role.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and keep track of everything. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Lloyds Bank plc
✨Know Your Securitised Products
Make sure you brush up on your understanding of securitised products like ABS and RMBS. Be ready to discuss their structures and the credit risk drivers associated with them. This will show that you’re not just familiar with the terminology but can also apply it in real-world scenarios.
✨Master the Art of Credit Analysis
Prepare to demonstrate your proficiency in credit analysis, including cash flow modelling and stress testing. Bring examples from your past experiences where you successfully applied these skills. This will help you stand out as a candidate who can provide insightful analysis and guidance.
✨Stay Updated on Macroeconomic Factors
Familiarise yourself with current macroeconomic factors that impact asset performance and credit risk. Being able to discuss how these factors influence your analysis will show that you have a comprehensive understanding of the financial landscape.
✨Showcase Your Team Player Skills
Since this role involves collaboration, be prepared to share examples of how you've built positive relationships with colleagues in previous roles. Highlight your communication skills and your ability to juggle multiple requests while maintaining a supportive team environment.
