JOB TITLE: Director, Asset Finance Product
LOCATIONS: Birmingham / Bristol / Edinburgh / Glasgow / Leeds / 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
About This Opportunity
An outstanding opportunity has become available to join the Asset Finance (AF) product team. The role will drive the strategy and development of the product across both Business & Commercial Banking (BCB) and Corporate & Institutional Banking (CIB) with a particular focus on product development and pricing strategy.
Asset Finance is part of Lending & Working Capital within BCB. We help Britain prosper by funding business critical assets to support our clients’ growth, improve efficiency and build a more sustainable approach. The team contributes to the delivery of our strategy, financial commitments, risk management, and customer experience.
Reporting to the Head of Product, this is a key leadership role working closely with colleagues across the business. It provides direct leadership to Associate Directors and a broader leadership role within the wider team.
We are looking for a dynamic, personable and proactive team builder who is an excellent collaborator with strong interpersonal skills.
What You'll Be Doing
* Owns the pricing and product development strategy across Asset Finance
* Collaborate across the end-to-end client journey to identify problems and opportunities to improve product offering and proposition to deliver better outcomes and improved commercial performance
* Drive the product growth strategy, identifying and prioritising opportunities and leading through to delivery to improve our lending proposition to clients
* Oversee the functionality of the ePricer tool and inputs into this pricing model. Liaise with Portfolio Analytics, Credit Models and Treasury to ensure efficient model performance. Oversee monthly updates to tool inputs and wider tool development with Commercial Lending Platform
* Use data to provide market/sector insights, developing new or amending existing pricing strategies or initiatives
* Participate in ad-hoc AF projects focused on customer-centric solutions
* Prepare presentations for diverse audiences, tailoring tone/content to the audience; exposure to senior team members and forums chaired by Managing Directors
* Act as subject matter authority across pricing, proposition and strategy
* Chair business and pricing forums, including pricing exceptions decisions
* Lead and mentor a team of product managers
What You'll Need
* Collaboration: Strong internal and external partner management and influencing skills
* Effective communicator: Ability to communicate clearly with multiple levels across the organisation
* Analytical thinking: Ability to formulate and shape the product's goals and initiatives
* Innovation: Curiosity for creative solutions to complex challenges
* Eye for Detail: Ability to distill complex information into clear business stories
* Team Leadership: Build and mentor a high-performing team
* Risk: Strong risk management with a robust control framework and monitoring
And any experience of these would be useful
* Awareness and understanding of Asset Finance/Lending products and markets
* Strong commercial knowledge
* Technical pricing experience & capability
About Working For Us
Our ambition is to be the leading UK business for diversity, equity and inclusion, supporting customers, colleagues and communities. We are committed to creating an environment where everyone can thrive, learn and develop. 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. Let us know what you need.
We offer a wide-ranging benefits package, including:
* A generous pension contribution of up to 15%
* An annual performance-related bonus
* Share schemes including free shares
* Benefits you can tailor 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
If you're excited by the thought of joining our team, get in touch. We’d love to hear from you.
Seniority level
* Mid-Senior level
Employment type
* Full-time
Job function
* Management, Product Management, and Strategy/Planning
* Industries: Banking, Financial Services, and Investment Banking
Referrals increase your chances of interviewing at Lloyds Banking Group. We encourage you to apply for similar roles in Bristol, England, United Kingdom and surrounding areas.
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