At a Glance
- Tasks: Join our Securitisation team to manage credit risk and support financial institutions.
- Company: Lloyds Banking Group, committed to helping Britain prosper.
- Benefits: Generous pension, performance bonuses, 30 days' holiday, and wellbeing initiatives.
- Other info: Inclusive culture with opportunities for learning and development.
- Why this job: Shape the future of financial services while growing your career in a collaborative environment.
- Qualifications: Understanding of securitised products and strong credit analysis skills required.
The predicted salary is between 50000 - 60000 £ per year.
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 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 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 controls and tailored solutions to senior stakeholder needs. You will prepare new business and annual credit reviews and present these submissions to sanctioning officials for approval. You’ll also lead credit due diligence calls with clients, shape deal structures and inform credit risk appetite.
We’re a small team with a motivating and collaborative 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 and development and general variety in your workload. Attention to detail is a key skill to excel in this role, but any training gaps will be provided with support and guidance from the current team. Our goal is for the new credit officer hire to become an active and valuable member of both our team and the wider FI Credit team.
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.
- Awareness 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 organisational skills with the ability to juggle multiple requests, prioritise workloads, meet deadlines, and flag when help is needed.
- Strong communication skills, both written and verbal.
- A committed team player who can build and manage positive internal colleague relationships outside of the team.
Benefits
- 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
Inclusivity Statement
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.
About Lloyds Banking Group
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.
Data Privacy
We keep your data safe. We only ever ask you to provide confidential or sensitive information once you have formally been invited 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.
Values and Culture
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 Wellington employer: LLOYDS BANKING GROUP
Lloyds Banking Group is an exceptional employer that prioritises employee well-being and professional growth, offering a dynamic work culture that fosters collaboration and innovation. With the flexibility of remote working and opportunities for career advancement within the Economic Crime Prevention function, employees can thrive in a supportive environment while contributing to meaningful compliance efforts. The company's commitment to diversity and inclusion further enhances its appeal, making it a rewarding place to build a career.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Officer - Securitisation - Financial Institutions in Wellington
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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We think you need these skills to ace Credit Officer - Securitisation - Financial Institutions in Wellington
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to LLOYDS BANKING GROUP.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on LLOYDS BANKING GROUP's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at LLOYDS BANKING GROUP
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with LLOYDS BANKING GROUP.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at LLOYDS BANKING GROUP will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former LLOYDS BANKING GROUP employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
