Lloyds Banking Group

Associate Director - Credit Ratings

£78849 - £87610 per annum + Benefits
15 May 2024
29 May 2024
Lloyds Banking Group
Approved employers
Approved employer
Job role
Contract type
Full time
Experience level
JOB TITLE: Associate Director - Ratings, Treasury Markets

SALARY: £78,849 - £87,610


HOURS: Full time

WORKING PATTERN: Hybrid, 40% (or two days) in an office site

About this opportunity

We have an opportunity for an individual who consistently demonstrates exceptional talent and drive to join our team as an Associate Director of Ratings, within our wider Treasury Markets function.

In this role you'll be involved in Engagement with Moody's, S&P and Fitch, managing the assigned credit ratings for all Group legal entities. Collaboration skills are key in this role as you will be working with cross-functional teams to gather necessary information and support all credit and ESG rating activities. You'll be responsible for conducting comprehensive analysis of industry trends, relevant data, and market information to determine rating risks, opportunities and sensitivities. Handling rating agency costs and providing senior insights will also be part of your responsibilities.

Day to day you may also be involved in the following;

  • Managing the capital and liquidity position of the Group and its subsidiaries including setting risk appetite, planning in base and stress, issuance and allocation.
  • Liquidity and market risk management for the Group and its subsidiaries, including interest rate and FX hedging and managing our Liquid Asset Portfolio.
  • Capital markets activity including the issuance of bonds and strategies for optimisation of our equity and debt stack including structuring share buy backs.
  • Recovery and Resolution planning for the Group, to ensure we are prepared should we ever face a likelihood of failure.
  • Leading key regulatory submission such as the ILAAP and ICAAP.
  • Managing our divisional engagement and provide insight and challenge across a range of areas, including product pricing, product development and resource allocation.
  • The treasury activities of our non-bank entities, including LBG Equity Investments Limits and Scottish Widows Group including strategic optimisation.
With significant opportunities for visibility to senior management, you'll build your network across the organisation whilst taking a lead role in high profile work for the Group. This is a great role for an individual who thrives in thought leadership, influencing senior internal colleagues and joining the dots across multiple areas of activity to support the Group and its subsidiaries Credit and ESG Ratings.

About us

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.

What you'll need

  • Experience in markets, treasury or finance roles.
  • Consistent track record in credit rating agency engagement and an understanding of the methodologies.
  • Excellent verbal and written communication skills.
  • Strong collaboration skills, including a proactive approach to building and maintaining relationships across a range of different colleagues.
  • Bold and self-motivated with an aim to excel in a competitive environment.
  • Strong organizational skills and ability to effectively meet deadlines.

About working for us

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 want our people to feel that they belong and can be their best, regardless of background, identity or culture.

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.

And it's why we especially welcome applications from under-represented groups.

We're disability confident. So if you'd like reasonable adjustments to be made to our recruitment processes, just let us know.

We also offer a wide-ranging benefits 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
If you're excited by the thought of becoming part of our team, get in touch. We'd love to hear from you.

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