Associate - Intermediaries, Institutional Coverage

JOB TITLE: Associate - Intermediaries, Institutional Coverage

LOCATIONS: London

HOURS: Full-Time

WORKING PATTERN: Our work style is hybrid, which involves spending at least three days per week or 60% of your time at our London office on Old Broad Street.

About This Opportunity

At Lloyds Banking Group, we’re committed to helping Britain prosper. Our Global Banks, Specialist Finance & Intermediaries team plays a vital role in this mission, and we’re excited to offer an opportunity for an Associate to join our fast-growing Intermediaries coverage team. This dynamic and diverse portfolio includes some of the most innovative and high-profile names in financial services—from Fintechs and FX Brokers to Exchanges and Central Depositories. As part of a team that sits at the forefront of the Group’s growth strategy, you’ll be working in a fast-paced environment where your contributions will directly support our ambition to become a trusted strategic partner to our clients.

You’ll be joining a collaborative and high-performing team that works closely with product specialists across Transaction Banking, Financial Markets, Debt Capital Markets and more. We also partner with key control functions such as Risk and Economic Crime Prevention to ensure we manage our portfolio responsibly and sustainably. This role offers a unique opportunity to gain deep sector knowledge, build meaningful client relationships and even take ownership of your own client set as you grow. If you’re motivated, curious and ready to make an impact, we’d love to hear from you.

Key Accountabilities

• Support the Relationship Director and Associate Director in managing and growing a diverse client portfolio

• Help originate new client relationships and transactions, contributing to ambitious growth targets

• Collaborate with internal product and risk partners to deliver tailored solutions and ensure timely client responses

• Lead the annual credit renewal process, ensuring alignment with internal policies and risk appetite

• Prepare client materials including pitch books, briefing notes and meeting reports

• Maintain accurate pipeline and portfolio data, and identify opportunities to improve team efficiency

Why Lloyds Banking Group

We’re on an exciting journey and there couldn’t be a better time to join us! The investments we’re making in our people, data, and technology are leading to innovative projects, fresh possibilities, and countless new ways for our people to work, learn, and thrive.

What You’ll Need

• A strong understanding of financial services and the regulatory environment in which we operate, with a background in financial services

• Experience of working with key banking products such as FX, Payments, Repo and Debt Capital Markets

• Excellent communication skills and the ability to influence stakeholders at all levels

• A collaborative mindset and the ability to build strong internal and external networks

• Strong analytical skills with the ability to interpret financial and market data

• A proactive approach to risk management, including an understanding of AML, KYC and credit processes

• A self-starter mindset with strong drive, motivation and curiosity, showing initiative and a desire to succeed

About Working For Us

Our ambition is to be the leading 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. 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

• 28 days’ holiday, with bank holidays on top

• A range of wellbeing initiatives and generous parental leave policies

Ready to start growing with purpose? Apply today!