Head of Credit

This is an exciting opportunity for an experienced and skilled individual to become the Head of Credit for the Lloyds Bank Corporate Markets (LBCM) business. LBCM is the non-ring fenced bank of Lloyds Banking Group, and an important part of the Corporate and Institutional Banking business. We're a standalone legal entity and have our own Board and Executive Functions: Chief Operating Office, Finance, People, Legal and Risk; as well as client facing business areas: Financial Markets, Capital Markets, North America, and the Crown Dependencies. We use a Shared Service model, where the ring-fenced bank (RFB) provides LBCM with key services which enable it to operate. The LBCM Head of Credit is responsible for the maintenance of the credit risk strategy for the LBCM business - conducting oversight and assurance to ensure the effectiveness of LBCM's Credit Risk controls. They apply an extensive understanding of risk management within the second line of defence and will be responsible for the receipt of services that have been delegated to the RFB for Credit Risk of the UK and Crown Dependencies Commercial Risk business. This includes activities such as credit sanctioning, Credit Authority Delegation oversight, credit analysis and reviews, management information and risk appetite recommendations. The individual in this position will have sanctioning rights for LBCM and will therefore become a Material Risk Taker.

• Commercial credit risk experience to provide insight regarding the applicability of credit decisions, framework and strategic approach for the legal entity
• Experience in risk oversight and assurance
• Strong stakeholder management skills and promotor of positive culture
• Ability to credibly present key messages to Executive and Board Committees
• Knowledge of other financial risk types to provide holistic risk management and strategic input
• Sufficient knowledge and expertise to support and deputise for the Chief Risk Officer of LBCM (including sanctioning)
  
  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., 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.

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're committed to creating a consciously inclusive workplace where our colleagues can be themselves, thrive and perform at their best. 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. As an inclusive employer, we offer Workplace Adjustments for colleagues with a disability (which may include long-term health and neurodivergent conditions) where it is reasonable to do so. This could include flexibility with regards to office attendance, location, and working pattern. We're proud to be a Disability Confident Leader. If you have a disability, you can also apply via our Disability Confident Scheme (DCS). Through the DCS, we guarantee to interview a fair and proportionate number of applicants with a disability, whose application meets the minimum criteria for the advertised job role. We also provide adjustments that are reasonable throughout the recruitment process to reduce or remove barriers for applicants with a disability, long-term health condition or neurodivergent condition. 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!