Managing Director, Wealth Management

JOB TITLE: Managing Director, Head of Wealth Management and Institutional Family Offices Coverage
HOURS: Full time
LOCATION: London
WORKING PATTERN: Hybrid, 40% (or two days) in an office site

About this opportunity

We currently have a great opportunity for a wealth management specialist and recognised leader in the sector to join our Institutional Coverage team based in London.

As a Managing Director, you'll play a leading role in developing and driving forward the Wealth Management strategy, providing leadership and strategic direction to the wider team.

Your accountabilities will include:

1. Lead an initiative to grow the institutionalised family office client base, driving multi-product revenue opportunities across the Group.
2. Leverage C-suite engagement to upgrade strategic dialogue with the largest wealth managers and wealth platforms in the UK to drive revenues and product penetration.
3. Develop and review business objectives and strategy for the sector to facilitate growth aligned to the Institutional Coverage and wider Corporate and Institutional Banking strategies.
4. Develop, co-ordinate and implement strategies delivering efficient product mix and channel distribution for their clients improving both income and market penetration within risk appetite and capital and funding objectives.
5. Implement and maintain the risk-management framework (encompassing principles, policies, methodologies, systems, internal controls, processes, procedures and people) within their sector, in line with the approved appetite for risk.
6. Lead a strong and experienced team of wealth management bankers.

Why Lloyds Banking Group?

If you think all banks are the same, you'd be wrong. We're an innovative, fast-changing business that's crafting finance as a force for good. A bank that's empowering its people to innovate, explore possibilities and grow with purpose.

What we need from you:

1. Credible network of senior client relationships.
2. Track record of leading C-suite discussions with established financial services companies.
3. Deep knowledge of the wealth management sector.
4. Track record leading financing transactions within financial services.

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:

1. A generous pension contribution of up to 15%.
2. An annual bonus award, subject to Group performance.
3. Share schemes including free shares.
4. Benefits you can adapt to your lifestyle, such as discounted shopping.
5. Holiday, with bank holidays on top.
6. 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.