Vice President, FI - Sponsors

End Date

Salary Range

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Job Description Summary

Job Description

Lloyds Overview: 

Lloyds Bank Corporate Markets, plc (“LBCM”) forms an integral part of Lloyds Banking Group, a UK-focused retail and commercial bank with more than 30 million customers globally. We have been operating in North America for over 100 years, providing a client-focused approach for global businesses with strong links to the UK. Our New York operations provides a gateway between the UK and North America for financial institutions and large corporate clients, offering core banking products such as lending, trade finance and a range of debt capital and financial markets services through our US broker dealer, Lloyds Securities Inc.

Lloyds Bank is committed to attracting, retaining and developing the best talent in the industry and embracing the diversity of our people. We offer our colleagues ongoing training, development, mentoring and networking opportunities, as well as competitive benefits and vacation leave. We are dedicated to working with our community and offer a range of volunteering and fundraising activities throughout the year.  The Financial Sponsors team strives to create an open, inclusive working environment for all.

Role Overview:

This position will focus on our Financial Sponsors department under Corporate and Institutional Coverage team. The Financial Sponsors team is one of the originators in the Fund Finance market, operating for 25+ years with a wide-ranging product suite offering to financial sponsors and asset managers including subscription credit facilities as well as NAV facilities and other structured product solutions. The new team member will have the opportunity to work on a global team during a period of exciting growth, supporting the end-to-end deal process to originate, structure and execute transactions as well as build our holistic sponsors strategy where we are deepening relationships with existing sponsors across our product capabilities.

Responsibilities:

Business

• Report to and support Sector Head in the management and service (administrative & client related activities) of the client portfolio
• Manage and develop a designated portfolio of customer relationships, meeting income and returns growth objectives – demonstrating capacity to deliver net new revenue to senior banker’s and own portfolios
• Prepare and monitor business plans to meet client profitability requirements and business objectives
• Review and manage execution of client proposals/opportunities with appropriate Product Partners and Risk
• Support the origination of business opportunities -  ability to identify and deliver appropriate solutions for the client
• Negotiate terms and conditions of credit facilities and services in conjunction with Product Partners
• Lead the preparation of all transaction related materials including Credit and Investment Committee papers and returns analysis
• Identify, develop and convert prospects and business leads to maximise business growth for the Group
• Support the client interface ensuring delivery of commitments and the resolution of issues/enquiries
• Scope, review, negotiate and implement legal and other documentation ensuring compliance with credit sanction, Bank and Regulatory policy to minimise risk and to facilitate business growth (Term Sheet, ISDA, loans)
• Develop knowledge of industries, local economic and market conditions and act as a subject matter expert for department and other stakeholders

Administrative

• Lead, manage, and develop associate and analyst teams ensuring delivery of work product (administrative, transactions and transaction related)
• Manage any changes to Bank policies, systems, processes and working practices to achieve operational improvement and compliance
• Review management information in order to provide reports for senior management to monitor profitability and control risk

Other

• Participate in bespoke opportunities such as junior talent recruitment, Analyst Program Committee, diversity & inclusion network, responsible & ethical business practices, Learning & Development, trusted partnership initiatives, and any other intra-Bank work streams

Requirements:

Education and Experience Required:

• Coverage and/or Product and/or Corporate Banking experience
• Undergraduate degree in Finance or Business preferred, or equivalent professional experience
• 4 - 8 years of prior investment/corporate banking/credit experience. Strong internship experience will be valued
• Strong understanding of banking products, including credit, risk management, debt and corporate finance advisory, and capital markets
• Series 63 and 79 required (within 120 days of being in role)

Key skills and knowledge required:

• Strong level of business assessment skills
• Strong level of competence in LBG processes and procedures, and administration
• Good analytical skills in corporate finance related fields, such as capital structure advisory, ratings analysis, and financial risk management
• Knowledge of fund finance market
• Excellent oral and written communication skills
• Strong attention to detail with level of accountability, a self-starter ready to work hard
• Exceptional interpersonal and presentation skills
• A team-player, able to work in dynamic work environment and manage multiple priorities with competing timelines
• Developing skill in influencing people and outcomes
• Proven track record of adherence to the Group’s Values & Behaviors

Salary Range: $182,500 - 217,500

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.