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Job Description Summary

Job Description

Our Commercial Banking division has a rich heritage of supporting businesses and the economic prosperity of the nation. Primarily focused on UK businesses and those with strong links to the UK. We provide customers with the support they need to help them grow, manage risk and improve efficiency.

Commercial Banking provides support to corporate clients through the provision of core banking products, such as lending, deposits and transaction banking services. Whilst also offering clients expertise in capital markets (private placements, bonds and syndicated loans), financial markets (foreign exchange, interest rate management, money market and credit) and private equity. This enables us to meet the varying and sometimes complex needs of all types of corporate clients.

As an Associate in our Leveraged Finance team, you will contribute to the team’s overall business plan and strategy – executing structured debt transactions for private equity-owned and sub-investment grade corporate clients across both the mid and large cap markets. You will play an integral role as part of the deal team in executing transactions, both guiding Analysts and supporting Associate Directors and Directors. The role includes supporting across all stages of a transaction from originating, preparing and presenting pitching materials, undertaking financial and credit analysis (including formulation of financial models), preparing and presenting materials for internal approvals and supporting legal documentation and deal execution. As part of the team, you will support clients via utilisation of Lloyds’ balance sheet, as well as leading and supporting on the provision of syndicated loan and high yield bond products.

Key Responsibilities:

• Supporting origination of leveraged debt transactions for private equity owned and sub-investment grade corporate clients
• Preparation and presentation of marketing materials for clients
• Preparation of transaction models
• Preparation and presentation of internal deal committee applications and reports
• Execution of transactions, ensuring alignment with internal stakeholders and product partners, ensuring that products are appropriately structured and priced and that activity is aligned to the goals and values of the Group
• Supporting the documentation and due diligence process for transactions
• Research future opportunities, analysing complex data to support client interaction and product offering
• Establishing and supporting senior colleagues with building and maintaining a growing network of internal stakeholders and external market relationships to originate transactions
• Undertake the role in accordance with the requirements of the company's Regulators, including FCA's Principles for Business

Requirements:

• Credit and financial analysis skills, including the ability to build and utilise complex financial models (strong MS Office skills are required)
• Knowledge of the leverage finance sector, ideally minimum of 2 years of experience
• Evidence of relevant execution experience
• Strong writing and presentation skills and ability to communicate effectively at all levels and across different audiences
• Demonstrable high levels of attention to detail, numeracy and accuracy
• Knowledge of the regulatory and compliance requirements
• Self-directed, highly motivated and able to work independently and as part of a wider team

We are dedicated to giving you opportunities and support to develop you both professionally and personally to optimise your potential.

As a new colleague of Lloyds Banking Group, you’ll join our inclusive, values-led culture passionate about making a difference. We're big believers of diversity and inclusion where everyone is welcome.

We’ll ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment.

In addition to a competitive salary we’ll also provide:

• 4% flex cash pot to spend on benefits (or take as cash)
• A generous employer pension contribution up to 15%
• Discretionary annual group performance bonus
• Private medical health cover, Share schemes and access to Staff discounts

Together we make it possible. To find out more, click here www.lloydsbankinggroup.com/careers

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 and 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.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain recover. 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.