Associate Director

End Date

Salary Range

We support flexible working – click here for more information on flexible working options

Flexible Working Options

Job Description Summary

Job Description

Job Title: Associate Director

Location: London

Hours: Full-Time

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

About this Opportunity:

Step into a high impact role at the heart of our Institutional Coverage business. As an Associate Director in our Asset Management client coverage team, you’ll be joining a fast paced, growth focused environment that spans the UK and North America. This is an opportunity to shape the future of a thriving franchise by connecting clients with the full breadth of our capabilities from investment banking products to tailored financial solutions.

You’ll manage a portfolio of Asset Managers and work closely with a Relationship Director to deepen existing relationships and build new ones. With exposure to a diverse and evolving sector, this role offers the chance to influence strategy, drive innovation and deliver meaningful outcomes for our clients.

What you’ll be doing:

• Support the Director in managing and growing a portfolio of high‑profile Asset Management clients, with opportunities to lead relationships
• Collaborate with product partners on live transactions (such as Securitisations and RCFs) and strategic pitches
• Drive portfolio development by identifying new business opportunities and delivering tailored solutions
• Oversee portfolio management activities including client strategy, lead generation, financial analysis and remediation actions
• Guide Associates through the annual credit renewal process while ensuring alignment with risk and policy standards
• Coordinate timely responses to client queries and ensure legal documentation aligns with credit and compliance requirements

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:

• Knowledge of different types of Asset Managers and their investment strategies
• Strong understanding of Investment Banking products relevant to this sector, including FX, Rates, Repo and Structured Products
• Familiarity with key legal documentation such as ISDA, CDEA and GMRA
• Ability to manage multiple priorities while delivering accurate, high‑quality work
• Ability to work collaboratively with colleagues and contribute to shared goals
• Effective communication skills with the ability to adapt messages for different audiences

About Working For Us:

Our ambition is to be the top tier 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. And, 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

This is a once in a career opportunity to help shape your future as well as ours. Join us and grow with purpose!

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 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 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.