At a Glance
- Tasks: Conduct credit assessments and collaborate with teams to manage risk effectively.
- Company: Join a leading financial institution focused on sustainable growth.
- Benefits: Generous holiday, flexible working, health insurance, and family leave.
- Other info: Dynamic environment with opportunities for professional development.
- Why this job: Build your career in credit risk while making a real impact on businesses.
- Qualifications: Strong credit risk experience and excellent decision-making skills.
The predicted salary is between 45000 - 55000 £ per year.
Overview
The Mid Corporate Credit team works in close partnership with Coverage and Product teams to deliver responsible, sustainable credit risk solutions that help both our customers and our business grow.
Our Mid Corporate customers are UK-focused businesses with revenues of £25m–£500m per annum.
This is a segment where we are investing significantly to support ambitious growth plans.
With Mid Corporate growth a core priority for the Group, this role offers an exciting opportunity to build your experience, broaden your impact, and develop your career across the wider Chief Credit Office and the Group.
We shape credit process, policy and strategy, assess customer creditworthiness, structure and sanction transactions, and monitor portfolio performance.
Responsibilities
- Conduct independent credit assessments for presentation to sanctioning officials to enable informed decisions.
This involves analysing company information, market due diligence, and identifying key strengths and risks.
Submissions include new-to-bank business, increased lending, variations from existing terms, restructures and annual credit reviews.
- Liaise with originators, relationship managers, product partners, clients and, where necessary, shape structured credit proposals to maintain an acceptable balance of risk and reward.
- Monitor and control credit exposures to identify increases to the risk profile, communicating with senior Risk colleagues and sanctioners as well as other stakeholders, and maintain compliance with LBG policy and regulatory policy.
- Undertake customer, sector and market research to ensure assessments have an external dimension and apply sound judgement to ensure relevant material is included when evaluating lending proposals.
This may include sensitivity analysis of internal and external cash flow models.
- This role carries a formal Credit Authority Delegation and you will exercise this where applicable.
- Maintain records to satisfy internal and external requirements, particularly relating to data quality and statutory reporting.
You will assess proposed transactions against Group Policy and oversee the deal origination team in the same respect.
- Collaborate with the deal origination team and other stakeholders to support effective risk management and decision making.
Benefits
- A generous holiday allowance: You’ll be eligible for a minimum of 22 days holiday (excluding bank holidays), rising to 30 days based on length of service and grade.
- A flexible way of working: Whether you want flexibility over your location or when you log on, we can create an approach that works for you and for the business.
- Family leave: Up to 63 weeks of maternity or adoption leave.
Statutory maternity or adoption pay is available for 39 weeks, and 20 weeks will be enhanced to the equivalent of full pay.
Partners can have six weeks of fully paid paternity leave.
- Flex cash: This is 4% of your basic salary and can be used to spend on the benefits of your choice, or you can choose to take it as a cash top up in your monthly salary.
- Health insurance: Our company funded Private Medical Benefit provides access to quality medical care, including accommodation, nursing care and specialist advice.
- Colleague Offers: Get discounts on items including cinema tickets and weekly shopping. You can share this benefit with up to ten family members or friends.
- Financial products: Take advantage of a range of financial products, including discounts on current accounts, home and car insurance and loans.
- Share plans: Participate in Sharematch with matching shares of up to 45 a month and optional Sharesave plan.
- Pension: Automatic enrolment in the Your Tomorrow scheme with the ability to decide how much to save and where to invest.
Qualifications
- Strong credit risk experience
- Ability to quickly learn and adapt to new challenges
- Ability to balance conflicting demands whilst delivering to tight timescales
- A strong background in credit risk and financial analysis, ideally cashflow-based lending
- Demonstrate sound judgement, strong decision-making skills, good attention to detail and the ability to collaborate
- Financial markets experience would be an advantage, but not essential
- Well-developed communication and influencing skills and the ability to challenge the status quo whilst being comfortable explaining your recommendations
- Experience in preparing credit papers for decision making by senior sanctioning officials
- #J-18808-Ljbffr
Credit Officer (Mid Markets) in Birmingham employer: Lloyd's
Lloyd's is an exceptional employer that fosters a collaborative work culture, allowing you to lead complex programmes in a dynamic environment. With a strong focus on employee well-being and professional growth, we offer comprehensive benefits including healthcare, a generous pension, and opportunities for continuous development, all within the vibrant setting of Greater London.
