Corporate Credit Officer - Utilities Sector

End Date

Salary Range

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

Flexible Working Options

Job Description Summary

LOCATION(S): London

HOURS: Full-time

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.

At Lloyds Banking Group, we have a clear purpose; Helping Britain Prosper. We do this by creating a more sustainable and inclusive future for people and businesses, shaping finance as a force for good. Could you help us make this possible?

An exciting opportunity has arisen for an experienced Corporate Credit Officer to work in a team that supports some of the largest and most sophisticated companies in the Utilities sector. The Utilities team is a core part of the Energy, Commodities, Utilities & Industrials Utilities Credit team within Lloyds Banking Group's CIB Corporate Credit unit. The team works closely with coverage and product partners to support new and existing clients with a full suite of banking products.

Job Description

You will be responsible for:

• Managing an active portfolio of counterparties (some of the largest companies in the UK) in the Utilities sector.
• Undertaking independent credit assessments of proposals (new opportunities and annual reviews) and developing a recommendation for presentation to sanctioners. This involves identifying, analysing, and succinctly articulating the key risks (financial, structural, operational, environmental), along with a clear recommendation, thus enabling informed decisions to be made.
• Using external research from a variety of sources including specialist information providers, credit rating agencies, and media reports to assess how a customer is positioned within an evolving external environment and identify situations that could increase risk to LBG.
• Collaborating closely with originators, relationship managers, and product partners to shape credit proposals, set credit risk appetite, and to maintain a balance of risk and reward.
• Monitoring portfolio performance, escalating any emerging risks to senior management and other interested parties as appropriate, as well as ensuring compliance with LBG and regulatory policy.
• Partnering with key stakeholders to undertake periodic sector reviews aimed at identifying potential areas of weakness as well as opportunity.
• Lead credit focused meetings with external clients as well as internal stakeholders
• Working in a high profile, professional, and demanding environment committed to putting people first, being bold, trusting each other, and embracing our differences.
• Drawing upon your prior Credit experience to help shape and improve team processes.
• Taking advantage of the opportunity to widen your credit experience within the Utilities sector.

Here's what we're looking for...

• Good knowledge and significant experience of corporate credit analysis, preferably experienced in Regulated Utilities and Integrated Utilities.
• Evidence of relevant credit experience assessing large corporates with a proven track record of consistent performance.
• Experience assessing complex lending and derivative transactions.
• Strong knowledge of regulatory and compliance requirements.
• Demonstrable high levels of attention to detail, numeracy, and accuracy
• Understand and manipulate complex financial models (strong Excel skills are required).
• Ability to establish strong working relationships and work within a supportive yet ambitious team.
• Communicate effectively at all levels and across different audiences, with strong written and verbal communications skills.

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

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'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 are 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. If you'd like an adjustment to the recruitment process just let us know.

If you're excited by the thought of becoming part of our team, get in touch. We'd love to hear from you.

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.