End Date

Salary Range

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

Agile Working Options

Job Description Summary

Job Description

JOB TITLE: Balance Sheet Advisory

SALARY: Competitive

LOCATION(S): London

HOURS: Full-time

About this opportunity:

This team is a critical part of the FI capital markets strategy of growing business relationships across the global financial institution client base.

About us:

At Lloyds Banking Group (LBG), we’re driven by a clear purpose - to help Britain prosper. Across the Group, our colleagues are passionate about making a difference to customers, businesses, and communities.

Within Lloyds Bank Corporate Markets (LBCM), the Balance Sheet Advisory (BSA) team are currently looking for an Associate Director to join their them. BSA is part of the Lloyds Bank Corporate Markets’ (LBCM) Capital Markets’ business. The team produces balance sheet analysis for financial institutions with a focus on capital, funding and liquidity. The team also monitors any regulatory, ratings or markets-based drivers that feed into optimal balance sheet for bank and insurance clients.

BSA works closely with the FI DCM team in order to provide key coverage content to clients as LBCM looks to support those clients with their financing and risk management goals.

You’ll be part of a Capital Markets team, working on client facing origination, with a focus on producing analysis and engaging with clients around optimal balance sheet structure and providing insight into ratings, regulatory and market drivers of balance sheet formulation and issuance plans. You'll be supporting the team engage with established clients and focus on newer client relationships. The team is a critical part of the FI capital markets strategy of growing business relationships across the global financial institution client base.

You’ll be liaising with team members and the client coverage function along with other teams in the Capital Markets business, specifically Debt Capital Markets, Bond Syndicate including Liability Management, Securitised Products Group and Credit Trading & Sales to support all levels of client dialogue.

You’ll be required to maintain peer analysis models, support the team in following regulatory developments and help the team to provide market leading advice clients on potential impact for their funding and issuance activities.

What you’ll need:

• You'll need to have an understanding of bank and insurance financial accounts and reporting.
• Knowledge of bank and insurance regulation and rating agency criteria would be a benefit, as would an understanding of bank and insurance capital instruments and funding tools.
• Strong excel skills
• A proactive attitude, and desire to engage with origination teams and other partners across the business to help identify, analyse, and develop opportunities, and present analysis and solutions to clients.
• Collaborative and a team-player. Working effectively with management, peers, our clients and internal functions across the bank.
• An ability to complete tasks to a high-level of accuracy whilst working under time pressure.
• This is a certified role, under the FCA Senior Managers and Certification Regime

About working for us:

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.

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative.

And it’s why we especially welcome applications from under-represented groups.

We’re disability confident. So if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%
• An annual bonus award, subject to Group performance
• 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

If you’re excited by the thought of becoming part of our team, get in touch.
We’d love to hear from you.

This role is considered Certified under the Senior Manager and Certification Regime as either requiring mandatory qualifications or being deemed as a role capable of providing ‘significant harm’ to customers. Due to this, successful candidates will be subject to enhanced levels of vetting, and required to complete a fitness and propriety attestation on commencement in role. Colleagues performing this role will be required to be complete a fitness and propriety attestation on an annual basis and will also be subject to additional routine criminal and credit checks

As a certified colleague your details will be published on the FCA’s Financial Services Register

This role has been identified as a Client-dealing function under SYSC 27.8.18R as defined in the FCA Handbook

The Person (“P”) performs the client-dealing FCA certification function for a firm if:(1) P is carrying out any of the activities in the table in SYSC 27.8.19R; and(2) those activities will involve P dealing with:(a) a person with or for whom those activities are carried out; or(b) the property of any such person;in a manner substantially connected with the carrying on of regulated activities by the firm.

If you manage certified colleagues this role will be identified as Manager of certification employees under SYSC 27.8.13R as defined in the FCA Handbook(1) The function of managing or supervising a certification employee, directly or indirectly, is an FCA-specified significant-harm function.(2) A function in (1) is not an FCA certification function for that firm if it is performed by an SMF manager of that firm.

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 keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along 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.

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.