Job Description

End Date
Wednesday 11 June 2025
Salary Range
0 - 0
We support flexible working - click here for more information on flexible working options
Flexible Working Options
Hybrid Working, Job Share
Summary
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JOB TITLE: Product Manager - Asset Finance, Product

LOCATION: London

HOURS: Full Time

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of your time in our London office.
About this opportunity
The Trade and Working Capital team provides commercial banking solutions to businesses of all sizes, in the UK and internationally, including trade, invoice finance and asset finance solutions. These solutions are grounded in an in-depth understanding of clients, a passion for enabling businesses to efficiently handle their liquidity, complete payments, mitigate their risks, fund trade flows and support growth.
We are 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.
You'll be responsible for assisting with structuring, underwriting and managing Asset Finance products, while also ensuring alignment to core regulatory requirements and compliance policies and delivering great customer outcomes.
You'll work with a high energy team of product specialists, as well as key partners in other areas of the bank, to unlock growth whilst championing an environment of diversity and customer centric innovation, promoting new ways of working to deliver our broader purpose - Helping Britain Prosper.
Your roles and responsibilities will include:Responsible for assisting with the provision of governance and delivery of deal structuring, underwriting and management of Asset Finance facilities Supporting the monitoring and ongoing management of portfolio risks, including regular collateral valuation and management, and definition and tracking of Key Performance Metrics Supporting the Product Head in championing a culture of ongoing product innovation, in the creation and enhancement of Asset Finance products Leaning in to help upskill a team of product specialists to deliver market leading Asset Finance products and solutions Collaborating with a wide range of internal and external stakeholders including across clients, coverage and risk to deliver superior outcomes for our customers, by also enhancing and simplifying the Asset Finance governance journey Identifies shortcomings, suggests improvements and implements approved revisions to business practices, current compliance processes, systems and procedures within assigned unit and/or discipline. Analyses key themes using data from a wide range of sources and identifies possible impacts on the business. Analyses and evaluates the feasibility/relevance of proposed complex financial products, then develops and amends as necessary with guidance from senior colleagues and/or supervises activities performed by a financial product development/specialist team. Analyses and evaluates the feasibility/relevance of proposals for complex products/services, then develops and amends as necessary with guidance from senior colleagues and/or supervises activities performed by a product development/specialist team. Develops and/or delivers a plan for significant aspects of the financial management and/or control process. Writes and edits materials for a variety of target populations, tailoring the tone and content to match the needs and expectations of each audience.


Why Lloyds Banking Group?
If you think all banks are the same, you'd be wrong. We're an innovative, fast-changing business that's shaping finance as a force for good. A bank that's empowering its people to innovate, explore possibilities and grow with purpose.
What we need from you?Deep understanding of Asset Finance and managing of Asset Finance facilities, including some experience in structuring and an awareness of underwriting Exposure to Product Development including creating and enhancing asset finance products and working with internal and external partners on emerging innovations is desirable Excellent analytical and problem-solving skills; strong communication and interpersonal skills Comprehensive knowledge of the different products, collateral types and deal structures; and an appreciation of Basel 3.1 and its impact on Asset Finance deals Awareness of market trends, and the opportunities and threats that these present to customers and the bank, and supporting the Product Head in making the amendments required to the Group's risk management and Product frameworks Experience in managing senior stakeholders, preferably in a large banking and financial services institution is desirable

About working for us!
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

Ready for a career where you can have a positive impact as you learn, grow and thrive? Apply today and find out more!
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.