End Date 1 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 at G.
An opportunity has arisen for a Lead Credit Officer in the Financial Initiations team. FI Credit sits within C&FI Credit and is part of Commercial Banking Risk. We have a team of c. 45 Credit Professionals.
This is a key senior management role within the team which is responsible for leading and motivating a team of Credit Analysts, and for the credit sanctioning of 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.
As a Lead Credit Officer you'll be responsible for preparing and determining the acceptability of credit proposals falling within a substantial sanctioning discretionary power and, supported by a team of Credit Analysts, for maintaining the credit quality of the portfolio. This is a demanding role, with a need to balance the important and challenging demands of asset quality and of business growth. FI is a significant constituent of Commercial Banking.
You will have existing sector or credit 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.
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 (Private Equity/Private Debt).
- Strong proven analytical skills and an in depth understanding of Credit Risk, Lending and Derivatives.
We are looking for an experienced Credit Risk professional who wants to play an integral part in leading the team, and actively ensuring the good credit quality of the portfolio continues.
So what would you be doing?
You will own a large and complex portfolio of counterparties (specifically, Clearing Houses and Exchanges) and support new business origination as part of the FI sustainable growth strategy.
You will 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.
Does this sound like you?
If so and you want to be part of an independent credit risk management structure within LBG, 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.
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.
Internal Number: 5507310
About Lloyds Banking Group
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