Associate, Structured Distribution, Portfolio Management

End Date Monday 05 October 2026 Salary Range £0 - £0 We support flexible working –  for more information on flexible working options Flexible Working Options Flexibility in when hours are worked, Hybrid Working, Job Share, Reduced Hours

Job Description Summary .

Job Description

JOB TITLE:

Associate, Structured Distribution, Portfolio Management LOCATIONS:
London / Edinburgh/ Cardiff

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. Colleagues with disabilities can be supported with workplace adjustments including hybrid working expectations in line with our Flexibility Works policy.

The Portfolio Management (PM) team exists to build and optimise LBG's Commercial Banking portfolio, which includes Business & Commercial Banking (BCB) and Corporate & Institutional Banking (CIB) lending. The team is responsible for delivering an efficient use of financial resources (e.g. capital, liquidity, funding) to create space to do more with our clients, whilst improving value for shareholders. Key to achieving this is our Structured Distribution team within PM.

Our team is responsible for developing, executing and managing a range of structured transactions which aim to increase origination capacity, reduce risk and increase returns. This includes risk distribution / mitigation techniques, including the purchase of credit risk mitigation tools:
Credit Risk Insurance and Credit Default Swaps. We have a new exciting Associate opportunity where you'll support the execution of these tools, maximising limits available and enabling additional business to be written! This role is an excellent opportunity to work on credit risk mitigation initiatives. These initiatives span Commercial & Institutional Banking (CIB) and Business & Commercial Banking (BCB), focusing on optimising the portfolio in terms recycling bank limits.

• Become a key part of the Structured Distribution team, working to manage and improve our credit risk mitigation tools on behalf of the Commercial Bank
• Upskill specifically in the use of Credit Risk Insurance and Credit Default Swaps
• Engage with colleagues across Coverage, Product, Credit, Finance and Treasury to deploy credit risk mitigation tools to enable deepening of relationships with clients while reducing the bank’s risk and capital
• Analyse data and intel from multiple sources to drive the development of risk mitigation tools
• Actively maintain relationships with both internal partners and the external market, to provide opportunities for growth
• Develop the Commercial & Institutional Bank’s understanding of risk mitigation tool options, helping to bring these solutions to the forefront of credit and pricing conversations

We’re on an exciting journey to transform our Group and the way we’re shaping finance for good. We’re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone.

You’ll be a motivated and enthusiastic colleague with good stakeholder management skills and analytical ability.

We welcome applications from colleagues who can demonstrate the following skills:

Experience with in financial services Great communication skills (written and oral) with the ability to explain complicated concepts concisely and fully to less familiar audiences Strong stakeholder management skills and a desire to collaborate are required to build and maintain positive links with internal and external groups Able to manage and prioritise multiple deliverables in a timely and effective manner Good excel skills with a methodical and analytical approach to decision making Ability to…