Credit Officer - Business Services & Public Sector

Apply locations London time type Full time posted on Posted 2 Days Ago time left to apply End Date: January 20, 2025 (14 days left to apply) job requisition id 117420

End Date

Sunday 19 January 2025

Salary Range

£0 - £0

We support flexible working - click here for more information on flexible working options

Flexible Working Options

Hybrid Working, Job Share

Job Description Summary

JOB TITLE: Credit Officer - Business Services & Public Sector
LOCATION(S): London
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.

At Lloyds Banking Group, CIB Corporate Credit is a core facet within Chief Credit Office ("CCO"), providing independent and dynamic credit assessment and monitoring on a sector basis, supporting colleagues across Corporate & Institutional Coverage and Product Partners.

You'll join the Services & Public Sector credit team, operating primarily at the forefront of the Industry Sectors corporate market, working with some of the largest UK corporates. Due to the nature of the client portfolio, the role requires frequent engagement with senior stakeholders as we shape transactions for our customers and colleagues.

Job Description

Here's what you'll be doing

• Conduct independent credit assessments of lending proposals and prepare reports for presentation to sanctioning officials to enable informed decisions to be made; this involves analysis of management information and of extensive commercial and financial due diligence, and the identification of key strengths and risks. Submissions include new to bank business, increased lending to portfolio clients and annual credit reviews.
• Undertake research using business press, credit rating and information agencies, to ensure assessments have an external dimension, and apply judgement to ensure relevant material is included when evaluating the strengths and weaknesses of a lending proposal.
• Liaise with originators, relationship managers, product partners and clients where necessary to shape credit proposals in order to maintain a balance of risk and reward and also to identify viable new business opportunities.
• Monitor and control credit exposures, to identify situations which may increase risk to LBG, communicating with Senior Managers and other interested parties as appropriate, as well as compliance with LBG policy and regulatory policy.
• Assist with the production of periodic sector reviews.
• You'll work in a high profile, professional and exciting environment committed to delivering core positive group values.
• Taking advantage of the opportunity to widen your credit experience to other areas.

Essential Skills

• You will have knowledge and significant experience of the corporate market and preferably some knowledge of the UK Services sector.
• Evidence of relevant credit experience with a proven track record of consistent performance.
• Strong knowledge of the regulatory and compliance requirements.
• Ability to establish relationships.
• Ability to communicate effectively at all levels and across different audiences.
• Demonstrable high levels of attention to detail, numeracy and accuracy.
• Familiarity and ability to deal with complex financial models (strong Excel skills are required).
• Report writing skills with strong written and verbal communication skills.

About working for us

At Lloyds Banking Group, we are committed to creating an inclusive and diverse organization that reflects modern society. We believe in celebrating diversity in all its forms and fostering a sense of belonging for our people, regardless of their background, identity, or culture.

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.

Want to do amazing work, that's interesting and makes a difference to millions of people? Join our journey.

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.

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.

For over 320 years we've been making a difference to the lives of customers, businesses and communities. With us, you'll be helping Britain prosper.

You'll be part of an ever-changing industry, playing a key role in shaping the financial services of the future whilst supporting our customers' changing needs.