Job Description

End Date Thursday 27 November 2025
Salary Range 0 - 0
Flexible Working Options Hybrid Working, Job Share
Summary .

JOB TITLE: Associate Director, Asset Management - Real Estate and Housing
LOCATION: 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, in our London office.
About this Opportunity
Join our Asset Management team, a dynamic and client-facing function responsible for managing a 20bn+ loan portfolio within the Real Estate & Housing sector. Working closely with Coverage, Structuring, Credit Risk, and Portfolio Management teams, we deliver exceptional client service and robust risk management throughout the loan lifecycle.
This is a multi-dimensional role that combines Asset Management, portfolio reporting, and change management. You'll take ownership of a commercial real estate (CRE) portfolio, ensuring optimal performance, proactive risk mitigation, and alignment with the bank's strategic objectives. You'll also support the Asset Management Director in driving and embedding change initiatives, enhancing processes, adopting new systems, and improving portfolio reporting.
What You'll Be Doing:

• Delivering a best-in-class client experience from loan close through to refinance.
• Managing the full lifecycle of loan events including consents, extensions, additional borrowings, refinancings, covenant amendments, and annual renewals.
• Liaising with legal counsel and internal execution teams to ensure seamless transaction delivery.
• Reviewing client financial reporting and extracting key insights from management information and covenant compliance schedules.
• Engaging directly with clients on loan and risk-related matters in collaboration with Coverage colleagues.
• Identifying early warning signs of credit deterioration and presenting findings and recommendations at portfolio reviews.
• Using data analysis and manipulation skills to enhance portfolio reporting and develop meaningful KPIs.
• Representing Asset Management in CIB-wide projects, articulating business requirements and influencing partners to deliver outcomes aligned with Real Estate strategy.

Why Lloyds Banking Group?
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. Including you!
What We Need from You:

• Strong experience in Real Estate finance or a related sector, with expertise in financial analysis, credit report writing, LMA documentation and risk management.
• Advanced Excel skills and financial modelling
• Excellent written and verbal communication skills, with confidence in presenting to CIB committees and engaging with clients and senior stakeholders.
• Proven ability to manage priorities effectively in a fast-paced, collaborative environment.
• Experience in change management and influencing cross-functional project teams.
• Line management experience with a passion for coaching and developing others.

Desirable Experience:

• Background in portfolio management and familiarity with risk mitigation strategies.
• Knowledge or experience within the Housebuilder or Housing sector.

About working for us!
You'll enjoy our dedication to your ongoing personal and professional development. We'll help you perform at your best today, so you can fulfil all your potential in the future.
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:

• 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.

Skills Required