• Job Description

  Req#: 096497

  End Date

  Thursday 21 December 2023

  Salary Range

  £0 - £0

  
  

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

  Agile Working Options

  Hybrid Working

  Job Description Summary

  .

  Job Description

  JOB TITLE: FI Analyst, Credit Trading

  SALARY: Competitive package

  LOCATION: London

  HOURS: Full-time

  About this opportunity

  Support the growth of the Credit Trading business in line with the Capital Markets strategy.

  The Credit Trading team is part of Capital Markets within Lloyds Bank Corporate Markets (LBCM). Our Credit Trading business in based in London and New York and works closely with the Credit Sales teams in these markets plus Frankfurt. Credit Trading is looking to add a Financial Sector Credit Strategist to its London Trading Desk. The Desk has a mandate to provide Corporate and Institutional banking clients access to a range of Corporate Credit products across a broad maturity spectrum.

  As the Financials Sector Credit Strategist, you’ll assist Lloyds Bank Credit Markets with the provision of micro credit analysis and credit intelligence. You’ll operate within the market facing Credit Trading & Sales team, which facilitates Corporate and Institutional Banking client access to a range of multi-currency credit products, across a broad maturity spectrum.

  This new role will support the growth of the Financials Sector corporate bond business in line with LBCM strategy. You'll...

  • Provide Credit Intelligence to traders / DCM and contribute towards early morning trading floor calls and, when relevant, to an internal audience with direct interest in Financials sector credit.
  • Provision of Investment Recommendations, inventory ideas and optimum hedging/trading strategies, all within a MAR and MIFID II compliant environment for a desk strategist role.
  • Occasional European client roadshows to discuss credit market dynamics and gather client feedback.
  • Where appropriate, drive and coordinate prioritisation of deliverables in support of agreed business objectives and project plans.
  • Review and analyse key external trends and influences to ensure that a wide range of information is used to support the development of the business.

  Why Lloyds Banking Group

  If you think all banks are the same, you’d be wrong. We’re an innovative, fast-changing business that’s shaping finance as a force for good. A bank that’s empowering its people to innovate, explore possibilities, and grow with purpose.

  What you’ll need

  • Proven track record of in-depth Financials sector credit analysis in a Credit Research, Trading Desk Strategist or a similar role.
  • Offer a consistent, intelligent viewpoint on credit risk assessment and relative value analysis for secondary and primary Financials sector corporate bonds.
  • Strong analytical skills, including financial modelling experience, capital resolution regimes, financial and non financial trends, M&A situations, and companies operating under stress. Demonstrable understanding of market dynamics and credit rating methodologies.
  • The ability to quickly see the risks/rewards inherent within a deal structure or market environment and assess relative/absolute value opportunities across the capital structure.
  • Knowledge of key relevant legal, regulatory and statutory requirements, documentation interpretation and ability to provide advice to the desk on these aspects.
  • Experience in supporting client franchise including our institutional client segments. Comprehensive knowledge and wide practical experience of relevant Fixed Income products and services.
  • Awareness and proactive approach to control and conduct agenda.
  • Understanding of the wider financial services industry, regulatory changes and pertinent economic and political factors which may impact on the Group’s business and overall aims.
  • Ability to effectively manage stakeholders, build and maintain networks.

  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 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

  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.

• About the company

  For over 250 years we’ve been making a difference to the lives of customers, businesses and communities. Today, we're still driven by our purpose of helping Britain prosper. We're part of an ever-changing industry and are currently on a journey to shape the financial services of the future, whilst supporting our customers’ changing needs. The scale and reach of our Group means we can offer a broad range of opportunities to learn, grow and develop. Our values-led culture and approach to inclusion and diversity means we can all make a real difference together.

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