At a Glance
- Tasks: Lead credit risk assessments and build strong relationships with key partners in the Banks team.
- Company: Dynamic financial institution focused on sustainable client relationships and innovative risk management.
- Benefits: Generous pension, performance bonuses, share schemes, 30 days holiday, and wellbeing initiatives.
- Other info: Inclusive culture that celebrates diversity and supports personal development.
- Why this job: Make impactful decisions in a collaborative environment while mentoring junior team members.
- Qualifications: Significant experience in credit risk assessment and strong relationship-building skills.
The predicted salary is between 80000 - 100000 £ per year.
LOCATION: London, Birmingham, Edinburgh
HOURS: Full-time
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 Senior Credit Officer to join the Banks team, which forms part of the broader Financial Institutions ("FI") Credit Risk team. In FI Credit we are passionate about risk management and dedicated to supporting our business partners in building sustainable and long-lasting client relationships. We collaborate closely with Coverage and Product teams and view ourselves as business enablers. We are curious and friendly. We challenge existing ways of working and seek ways to simplify and automate, so we can focus on what matters.
As a Senior Credit Officer in the FI Credit - Banks team, you will look after our exciting and growing Global Banks portfolio (including our own intragroup subsidiaries). You will make recommendations on complex new transactions, lending/trading limit requests, design sector strategies, policies and processes. You will be trusted to take decisions with a sizeable, delegated credit authority and you will also lead client due diligence meetings. We are looking for someone who can be a role model across FI Credit and build strong relationships with key partners across Coverage and Product teams. You will support and constructively challenge the front line to build a long-term sustainable business. You will mentor and upskill junior members of the team as well as reviewing their submissions to senior sanctioners. You will also have the opportunity to collaborate on other FI portfolios, such as Insurance, Securitisations, Financial Sponsors and Funds.
What you'll need:
- Significant experience in the credit risk assessment of Global Banks.
- Sound knowledge of sector trends, horizon risks and regulation.
- Excellent knowledge of lending and traded products and documentation.
- Held senior Credit Authority in past roles.
- Formal Credit training preferred.
- Track record in independent decision making and is able to communicate succinctly and efficiently in a clear and unambiguous manner.
- 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.
- Ability to seek out, build and maintain trusting relationships and partnerships with stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.
- A passion for change, automation and simplification.
- A real excitement for supporting and promoting team members ensuring all team members have time for personal development, up-skilling and cross training.
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.
Senior Credit Officer (Director) - Banks & Intragroup Sector employer: Lloyds Banking Group
Join a forward-thinking organisation that prioritises risk management and fosters a collaborative work culture in London, Birmingham, or Edinburgh. As a Senior Credit Officer, you'll benefit from a generous pension contribution, an annual performance-related bonus, and 30 days of holiday, all while being part of a team that values diversity and personal development. With opportunities for mentorship and cross-training, this role not only allows you to influence key business decisions but also supports your growth in a dynamic environment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Credit Officer (Director) - Banks & Intragroup Sector
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join relevant groups on LinkedIn, and don’t be shy about reaching out to current employees at the company you’re eyeing. Building relationships can open doors that a CV just can’t.
✨Ace the Interview
Prepare for your interviews by researching the company and its culture. Think about how your experience aligns with their values and be ready to share specific examples. Remember, it’s not just about what you know, but how you can contribute to their team!
✨Show Your Passion
When you’re chatting with potential employers, let your enthusiasm shine through! Talk about your love for credit risk management and how you can help simplify processes. Companies want to see that you’re genuinely excited about the role and the impact you can make.
✨Follow Up
After your interview, don’t forget to send a thank-you email! It’s a great way to reiterate your interest in the position and remind them of your key strengths. Plus, it shows you’re proactive and professional—qualities they’ll appreciate!
We think you need these skills to ace Senior Credit Officer (Director) - Banks & Intragroup Sector
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences that match the Senior Credit Officer role. Highlight your experience in credit risk assessment and any relevant sector knowledge to show us you’re the right fit.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you’re excited about this opportunity. Share your passion for risk management and how you’ve successfully built relationships in previous roles. We love a good story!
Showcase Your Decision-Making Skills:In your application, give examples of independent decision-making you've done in the past. We want to see how you’ve navigated complex situations and made impactful choices in your career.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Lloyds Banking Group
✨Know Your Credit Risk Stuff
Make sure you brush up on your knowledge of credit risk assessment, especially in relation to Global Banks. Be ready to discuss sector trends and regulations, as well as lending and traded products. This will show that you're not just familiar with the basics but are genuinely passionate about the field.
✨Showcase Your Decision-Making Skills
Prepare examples from your past roles where you've made independent decisions with significant credit authority. Highlight how you communicated these decisions clearly and efficiently. This will demonstrate your capability to handle the responsibilities of a Senior Credit Officer.
✨Build Relationships Like a Pro
Think about how you've built and maintained relationships with stakeholders in previous positions. Be ready to share specific instances where your influencing and negotiating skills led to successful outcomes. This is crucial for the role, so make it a focal point in your interview.
✨Embrace Change and Automation
Since the company values innovation, come prepared with ideas on how to simplify processes or automate tasks within credit risk management. Show your enthusiasm for change and how you can contribute to making the team more efficient and effective.
