Lead Credit Officer - Commercial Banking Risk

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • Lloyds Banking Group
  • 19 Mar 19

Lead Credit Officer - Commercial Banking Risk

End Date
20 March 2019
Please note, this vacancy will close at 00:01am on the specified closing date rather than 11:59pm. Please ensure all applications are received before 00.01am on the specified closing date.

Salary Range
£74,625 - £99,500

We support agile working - click here for more information on agile working options.

Agile Working Options
Other Agile Working Arrangements / Open to Discussion

Job Description Summary
Analyse, investigate and evaluate credit risk, assist development of policy & appetite recommendations and challenge and advise assigned areas of the business to ensure credit appetite & risks are understood, mitigated and controlled. Will lead a team of credit risk professionals and deputise for senior colleagues.

Job Description

Through our brands, Lloyds Banking Group has a relationship with just about every household and community in the UK. We underpin the lives of millions of individuals and businesses, and play a key role in helping to build a growing UK economy.

An opportunity has arisen for a Lead Credit Officer in the Financial Institutions (FI) Credit, Financial Sponsors team. FI Credit is part of Commercial Banking Risk and we are a team of c. 45 Credit Professionals. FI is a significant constituent of Commercial Banking.

This is a key senior management role within the team, with responsibility for leading and motivating a team of Credit Analysts, and for the credit sanctioning of Financial Sponsors credit submissions. We work closely with the FI relationship teams, and we are proud of the collaborative engagement we have developed with them. It's a team which provides a supportive learning environment with an emphasis on team work and personal development.

We are looking for an experienced credit officer with a proven track record, responsible for preparing and determining the acceptability of Financial Sponsors / Alternative Funds credit proposals falling within a substantial sanctioning discretionary power and, supported by a team of Credit Analysts, for maintaining the credit quality of the Financial Sponsors portfolio. This is a demanding role, with a need to balance the important and challenging demands of asset quality and of business growth.

About You

You have at least 5 years of Private Equity / Private Debt Fund Credit Analysis experience and will have shown ability to quickly learn and adapt to new challenges. You have well-developed communication and influencing skills. You're happy to challenge the status quo and comfortable making and explaining decisions. You're also able to handle conflicting demands whilst delivering to deadlines.

The Role

We are looking for someone who wants to play an integral part in leading the team, and actively ensuring the good credit quality of the portfolio continues.

So what will you be doing as a Lead Credit Officer?

  • You'll own a large and complex portfolio of counterparties (specifically, Alternative Asset Managers such as Private Equity / Private Debt Funds) and support new business origination as part of the FI sustainable growth strategy.
  • You'll be responsible for maintaining the high credit quality of the portfolio, setting credit risk appetite and ensuring it is clearly defined and well communicated to stakeholders across the teams.
  • You'll need to lead effective relationships at the highest levels across the business and group functions to ensure business objectives are aligned and can be met, including product partners, relationship team and sanctioning officials.
  • Facilitating business performance through a proactive approach to credit proposals and provide dedicated support and constructive challenge to growth initiatives to improve the team's business performance.
  • Delivering efficient and effective end-to-end credit processes to ensure that decision making is of high quality, robust and commercially aligned with the FI business.
  • Sanctioning limits within your own delegated lending authority.
  • Actively running the portfolio of counterparts and reviewing counterparty limits, ratings, RWA usage and portfolio concentrations to ensure they are accurate and in-line with an ever changing credit risk environment.
  • Ensuring all relevant credit risk policies, procedures and methodologies are appropriate and up to date in order to aid consistency, alignment to and embedding of risk appetite.
  • Maintaining a deep and robust understanding of the key sector regulation, dynamics & developments enabling a dedicated approach to the risk management of potential horizon risks.
  • Producing Sector Reviews ensuring that credit strategies and risk appetite are well-defined and communicated.
  • Embedding the use of the Integrated Credit Risk System ("ICRS") to improve the pace and quality of sanctioning performance and team credit analysis performance.
  • Through the right values and behaviours, you will lead and develop a team of Credit Analysts and Assistant Analysts to ensure effective and efficient independent credit assessment and risk management across the exposures in the portfolio. Developing colleagues to improve their sector knowledge and motivate team members so that their individual and collective performance meets the current and future needs of the business.
  • Actively engage with various partners, including Sector Head, sanctioners, relationship team and product partners; ensuring the high credit quality of the portfolio is consistently maintained.
  • You'll have an in-depth knowledge of your particular sector as well as knowledge of traded and non-traded products and the associated credit and market risks.

Please only apply if you have the following:
  • You must have a minimum of 5 years' experience in assessing the Credit Risk of Alternative Funds (specifically Private Equity / Private Debt).
  • In depth understanding of Capital Call Facilities / Drawdown Bridge Facilities and associated legal documentation.
  • In depth derivatives product knowledge and legal documentation knowledge, including experience of independently negotiating legal documentation.
  • Experience in leading Client Credit Due Diligence meetings.

Does this sound like you?
  • If so and you want to be part of an independent credit risk management structure within Lloyds Banking Group, supporting an important sector both for the Bank and the country then please get in touch, we'd love to hear from you.
  • We deeply value diversity within our team. Applications from those wishing to work on an Agile basis are very supported and we already support a variety of arrangements across the team.

So join us and be part of an inclusive, values-based culture focused on making a difference. Whatever your aspiration, you can also expect excellent benefits, including performance-related bonus, car allowance, private health cover, share schemes and a generous pension contribution, along with the option to choose an additional cash lump sum or pick from a wide range of industry leading benefits.

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.