Director, Asset Finance Product
New Today
Description
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 encouraging and collaborative 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) and will have particular focus on product development and pricing strategy.
Asset Finance is part of Lending & Working Capital within BCB. We have a clear purpose and role in Helping Britain Prosper, funding business critical assets to support our clients drive growth, improve efficiency and build a more sustainable approach.
The team plays an integral role in the delivery of our overall strategy, financial commitments, effective risk management, and customer experience.
Reporting to the Head of Product, this is a key leadership role working closely with colleagues across the business. Providing direct leadership to Associate Directors and playing a broader leadership role within the wider team.
We're 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
Work collaboratively 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.
Responsibility for the functionality of the ePricer tool and the inputs into this pricing model. Liaison with partners across Portfolio Analytics, Credit Models and Treasury to ensure efficient model performance. Oversight of monthly update to tool inputs, and also wider tool development in conjunction with Commercial Lending Platform
Using data to provide market and/or sector insights, developing new or amending existing pricing strategies or initiatives. This gives a real opportunity to learn about specific sectors (or use your own insights and experience) using to devise price led initiatives for our clients
Opportunity to get involved in ad-hoc projects related to AF and our continued desire to ensure the customer is at the heart of all we do
Writing presentations for a variety of target populations, tailoring the tone and content to match the needs and expectations of each audience – often giving exposure to senior team members, presenting at forums chaired by Managing Directors
Act as subject matter authority across fields and capabilities (e.g. pricing, proposition and strategy)
Chair business and pricing forums including decision making on pricing exceptions
Lead and mentor a team of product managers
What You'll Need
Collaboration: Strong internal and external partner management and influencing skills will be required.
Effective communicator: the ability to communicate clearly with multiple levels throughout the organisation.
Analytical thinking: assist in formulating and moulding the product's goals and initiatives.
Innovation: A curiosity about thinking in an unexpected way and developing creative solutions to sophisticated challenges.
Eye for Detail: ability to understand sophisticated information and distil into manageable business stories.
Team Leadership: Build and maintain a successful team, developing colleagues through stretching performance objectives, feedback and personal development
Risk: A good risk manager, ensuring activities are delivered through a robust control framework with effective 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
Product strategy
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. And, 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
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 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.
- Location:
- Glasgow
- Job Type:
- FullTime