Director (Senior Credit Officer) – Insurance – Financial Institutions

Overview

In this Director role, you oversee a portfolio within Insurance Credit and lead independent credit assessments to enable sustainable growth. You’ll shape sector strategy and risk policy while providing robust challenge to stakeholders. As a senior credit decision-maker, you balance commercial objectives with disciplined risk management, acting as a trusted adviser on Insurance sector risk and transaction structuring. You will collaborate across functions and drive governance, data quality, and portfolio improvements. This position offers impact at scale within Lloyds Banking Group’s North Star strategy.

Pay / Benefits

• pension contribution up to 15%
• annual performance-related bonus
• share schemes
• discounts on shopping
• 30 days’ holiday
• wellbeing initiatives

Responsibilities

• Lead management of a portfolio of Insurance relationships and incorporate forward-looking risk analysis into credit decisions
• Drive sector strategy, risk appetite, and portfolio management practices for the Insurance Credit portfolio
• Build trusted relationships with senior stakeholders across Coverage, Product, Risk, and Credit functions
• Lead continuous improvement initiatives across data quality, controls, management information and credit processes
• Act as senior credit decision-maker, providing independent assessment and approvals of lending and internal ratings
• Provide thought leadership and governance support within Insurance and related forums
• Balance commercial objectives with disciplined risk management and timely decisions
• Exercise delegated credit authority across multiple portfolios and complex transactions

Key requirements

• Significant experience in Insurance credit risk management in 1LOD and/or 2LOD environments
• Extensive experience in credit underwriting, transaction structuring, delegated credit approval and portfolio management
• Strong understanding of Insurance and Lloyd’s of London structures, lending and traded products, and counterparty risk
• Excellent written and verbal communication with ability to present complex concepts clearly
• Numerical analysis expertise and ability to underpin decisions with data
• -Coaching ability and commitment to upskilling team members
• Proven ability to influence senior stakeholders and balance risk with commercial aims
• Strong leadership, decision-making, and ability to drive strategic outcomes

• Strong communication
• Leadership presence
• Coaching mindset
• Credit underwriting and approval of complex transactions
• Portfolio management and risk assessment
• Lloyd’s of London structures and insurance products

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