Credit Officer - Asset Finance Sme Credit

End Date
Wednesday 07 February 2024
Salary Range
£61,641 - £68,490
We support agile working - click here for more information on agile working options.
Agile Working Options
Hybrid Working
Job Description Summary
JOB TITLE: Credit Officer - Asset Finance SME
HOURS: Full Time
LOCATION: Southampton or Glasgow
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites
We’re on an exciting journey and there couldn’t be a better time to join us. The investments we’re making in our people, data, and technology are leading to innovative projects, fresh possibilities, and countless new ways for our people to work, learn, and thrive.
Asset Finance sits within the Commercial Banking division serving business clients across a wide variety of sectors - from small businesses to multinational corporations. Asset Finance plays a key part of the cashflow solution for many trading businesses, is a growth product both within LBG and the UK, making this an exciting and important area to develop a career within the wider Group.
The Asset Finance Credit Team supports a dedicated Sales team and other stakeholders, by undertaking credit analysis on new credit proposals, shaping structures and defining credit strategy and risk appetite, as well as ongoing portfolio monitoring.
Job Description
The role is that of a Credit Officer primarily serving our volume SME (BCB) customers and sales team. The role includes credit analysis and sanctioning, monitoring and supporting a range of credit risk management processes and systems, supporting the efficient and effective production of high-quality analysis and managing stakeholder needs.
What you'll be doing
As an integral part of the Asset Finance Credit Team, you will:

• Assess new and repeat Asset Finance based lending requests, reviewing/analysing financial statements and other information to ensure credit risks are well managed and within risk appetite.
• Help manage our Credit portfolio by providing timely and insightful decisions to set and manage credit risk appetite and ensuring it is clearly defined and well-communicated
• Actively engage with various stakeholders to form effective relationships and maximise personal effectiveness.
• Develop an in-depth knowledge of Asset Finance and our product suite (namely Hire Purchase, Leasing and Loans), including documentation and associated credit, market, operational and regulatory risks.
• Whilst looking at lending requests in our volume business, you will look to develop your credit and structuring expertise to support larger clients.
• On occasion there may be an ask to become involved in Ad hoc projects.
• As part of the Credit Team, look to drive efficiencies through simplification and challenge, and contribute to a high performing team.
• In the fullness of time, you will have the opportunity to cover other Asset Finance customer sectors and products as we help you develop into a well-rounded Risk professional.

What we need from you
We need someone with strong Asset Finance experience who is passionate about Credit and risk management, who has shown an ability to learn quickly and adapt to new challenges. Well-developed communication, influencing and numerical skills help you challenge the status quo, and ensure you're comfortable making and explaining decisions. There will be conflicting demands that need to be handled in an effective manner.
Key Capabilities

• Strong communication and influencing skills
• Comfort with numerical analysis.
• Demonstrate continuous learning and self-development and become a subject matter expert.
• Effective time management skills with an ability to deliver quality outputs at pace whilst managing conflicting demands
• Excellent inter-personal and team working skills, with a proven ability to motivate, enthuse colleagues.

What you’d get in return
We’ll give you a broad remuneration package which includes:

• A generous pension contribution of up to 15%
• An annual bonus award, subject to Group performance
• 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

In return for your expertise, you'll enjoy our total dedication to your ongoing personal and professional development. We'll help you perform at your best today, so you can fulfil all your potential in the future.
We're committed to building a workforce which reflects the diversity of the customers and communities we serve, and to building an inclusive environment where all our colleagues can be themselves and succeed on merit. We're an equal opportunity employer and deeply value diversity within our organisation.
We’ll ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process and to perform in their role.
If you have the skills we’re seeking and you’re looking for your next step, we’d love to hear from you.
Together we make it possible
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.