Associate Director - Infrastructure & Project Finance Asset Management in Manchester

Locations: London, Manchester, Edinburgh

Time Type: Full time

Posted on: Posted Today

Time left to apply: End Date: February 12, 2026 (14 days left to apply)

Job Requisition ID: 150640

Salary Range: Competitive package available

Flexible Working Options: Hybrid Working, Job Share

About This Opportunity:

At Lloyds Banking Group, we’re committed to helping Britain prosper and supporting the transition to a more sustainable future. This is an exciting, client-facing role, working as an Associate Director within a high performing team managing LBG's core and growing Infrastructure & Project Finance (I&PF) asset class portfolio (currently consisting of 150+ clients and c.£15Bn exposure). We manage a diverse and high-profile portfolio of complex lending across sectors such as Power, Renewables, Economic Infrastructure, Renewable Energy, Net Zero Technologies and Digital Infrastructure both in the UK and USA.

You will work closely with internal and external stakeholders to assess credit risk, find and execute opportunities for income growth and to support critical initiatives. You will individually manage a portfolio of c20 clients and 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 material credit events such as covenant re-sets/amendments, amend to extend requests, incremental facilities, and bolt-on acquisitions. The role also includes responsibility for colleague line management, the delivery of wider business projects, as well as supporting reporting requirements on the portfolio to internal stakeholders, regulatory bodies and third-party co-investors.

Key Accountabilities:

• Manage a complex portfolio of I&PF assets, monitor the credit quality and timely reporting of performance and risk.
• Work closely with Origination & Coverage, leading on transactions including refinances, waivers and covenant resets.
• Manage a wide number of external and internal stakeholders.
• Contribute to the delivery of the team’s Business Plan including involvement in ad hoc projects and identification of capital optimisation opportunities.
• Monitor relevant financial covenants, management information and sector and adviser reports to ensure ongoing credit quality of portfolio and ensure timely reporting to senior management of any issues arising.
• Review legal documentation, as required, to ensure compliance with credit sanction, Bank and Regulatory policy in order to minimise risk.
• Build and maintain strong relationships with clients and key stakeholders across the Group.
• Support strategic initiatives and business projects, including preparation of management information and presentations.

What You’ll Need:

• Experience in I&PF within a financial institution and wider market knowledge.
• Validated experience in financial assessment, credit analysis or asset management.
• Ability to analyse complex information, identify risks and spot opportunities.
• Strong interpersonal skills to manage client and stakeholder relationships effectively.
• Excellent report writing and communication skills.
• Strong organisational skills with the ability to manage competing priorities.

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 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. 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 our journey!

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.