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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 or those with strong links to the UK. We provide customers with the support they need to help them grow, manage risk and improve efficiency. We continue to invest in our relationship teams and deepen our product expertise to ensure we deliver first class service.

Commercial Banking provides support to Corporate and Institutional 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 clients.

You will have primary responsibility for all coordination, underwriting and best efforts mandates in relation to Financial Institution (“FI”) loan transactions, working in close collaboration with the relevant sector teams (e.g. Banks, Financial Sponsors, Insurance etc).

In addition you will have broader responsibility for shaping, driving and embedding the medium-term distribution strategy for FI transactions as part of the broader Syndicate and Sales team strategy.

You will provide constructive challenge and support to the Head of Corporate and FI Loan Syndicate and leadership and coaching to junior members of the Corporate and FI and Syndicate and Sales teams more broadly.

Accountabilities:

• Take a lead role in the delivery of FI Loan Syndicate objectives. Support FI sector teams in managing strategic client relationships, increasing share of mind, and driving revenue opportunities

• In conjunction with other stakeholders, develop and deliver a distribution strategy for FI sector assets which will include identifying additional distribution channels and potentially new product opportunities

• Proactively engage portfolio reviews and drive origination activity. Lead on client pitches to win coordination, underwriting and best efforts mandates. Support FI sector teams in executing transactions

• Lead successful syndication/sell down of any underwritten financings. Manage the development and delivery of budget plans for FI Loan Syndicate

• Manage relationships with the FI sector teams and other internal stakeholders including the wider Syndicate Teams, Loan Sales, LBCM, Risk and Client Products
• Represent Lloyds on transactions and at various industry or market related events

Essential:

• Significant experience in the syndicated loan product and in leading deal teams

• Understanding of Fund Finance structures (e.g. subscription lines, capital call, gearing, NAV etc) and Insurance structures

• Outstanding understanding of credit and financial analysis and their application in transaction structuring

• Knowledge and experience of other debt financing and risk management products (e.g. bonds, USPPs, derivatives)

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.

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 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.