Associate Director - Financial Sponsors

JOB TITLE:Associate Director -Financial Sponsors

LOCATIONS: London

HOURS:Full-Time

WORKING PATTERN:Our work style is hybrid, which involves spending at least three days per week or 60% of your time at one of our office sites

About This Opportunity:

At Lloyds Banking Group, we're proud to support the real economy by backing the world's leading private market fund managers through our Financial Sponsors (FS) team. With over 20 years of experience, FS is a cornerstone of our Institutional Coverage business, delivering innovative fund finance solutions across private equity, private debt, infrastructure and real estate. Our global team of around 30 professionals, based in London and New York, manages deep, long-standing relationships with top-tier clients, helping them invest in real-world businesses and projects that drive growth and transformation.

As an Associate Director in our Portfolio Management team, you'll play a key role in overseeing and enhancing our existing fund finance facilities. Working closely with a dedicated client set, you'll ensure our portfolio remains robust, compliant and strategically aligned with our risk appetite and return objectives. You'll be part of a collaborative, multi-disciplinary team that values expertise, innovation and client focus, and you'll have the opportunity to shape the future of fund finance at one of the UK's most respected financial institutions.

Key Accountabilities

• Lead the structuring, execution and ongoing management of existing fund finance facilities, ensuring alignment with risk appetite and return targets.

• Manage a portfolio of senior loan assets, including performance monitoring, utilisation tracking and execution of credit renewals.

• Prepare and present high-quality credit proposals and contribute to internal and external approval forums.

• Maintain accurate and up-to-date records across relevant systems for your assigned client set.

• Coach and mentor Associates, supporting their development and contributing to a high-performing team culture.

• Manage the team's third-party capital programme, which involves leading all aspects of asset pool management and communicating with investors.

Why Lloyds Banking Group?

We're on an exciting journey to transform our Group and the way we're shaping finance for good. We're focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone. Including you!

What You'll Need

• Proven experience in private markets investing, fund finance, leveraged finance or equity, with a strong understanding of fund structures.

• A client-first attitude and the ability to build trusted relationships with sophisticated stakeholders.

• Strong credit risk analysis skills, particularly in the context of fund finance.

• Working knowledge of fund finance products across the risk spectrum, including subscription facilities, liquidity facilities and NAV facilities.

• Solid understanding of market dynamics and the strategic role of Financial Sponsors within a large financial institution.

• Excellent collaboration and communication skills, with the ability to influence across all levels.

About Working For Us

Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities and we're committed to creating an environment in which everyone can thrive, learn and develop.

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.

We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. As a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme.

We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.

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!