Credit Officer - Asset Finance SME

Credit Officer - Asset Finance SME

Credit Officer - Asset Finance SME

Apply locations: Southampton, Jellicoe House, Glasgow, London

Time type: Full time

Posted on: Posted 2 Days Ago

Job requisition id: 129816

End Date: Friday 14 March 2025

Salary Range: £65,385 - £72,650

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

Flexible Working Options: Hybrid Working, Job Share

Job Description Summary:

JOB TITLE: Credit Officer - Asset Finance SME
LOCATION(S): Glasgow, Southampton or London
HOURS: 35 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.

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:

• 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.
• 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 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. Experience in Asset Finance is desirable but not essential.

Key Capabilities:

• Strong (written and oral) 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 and enthuse colleagues.

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.

We'll help you perform at your best today, so you can fulfil all your potential in the future. We know that success is built from the inside out through our people. In return for your expertise, you'll enjoy our total dedication to your ongoing personal and professional development.

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.

If you'd like reasonable adjustments to be made 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.

About Us

With 320 years under our belt, we're used to change, and today is no different. Join us and help drive this change, shaping the future of finance whilst working at pace to deliver for our customers.

Here, you'll do the best work of your career. Your impact will be amplified by our scale as you learn and develop, gaining skills for the future.