Credit Officer - Portfolio & Policy Management
| Posting date: | 09 March 2026 |
|---|---|
| Salary: | £65,385 to £72,650 per year |
| Hours: | Full time |
| Closing date: | 23 March 2026 |
| Location: | Birmingham, West Midlands, B24AA |
| Remote working: | Hybrid - work remotely up to 3 days per week |
| Company: | Lloyds Banking Group |
| Job type: | Permanent |
| Job reference: | 149618_1773057351 |
Summary
JOB TITLE: Credit Officer - Portfolio and Policy Manager
SALARY: £65,385 - £72,650
LOCATION: Birmingham, Bristol and Leeds
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.
A high‑impact role shaping credit policy and portfolio risk across Lloyds Banking Group, influencing outcomes at scale.
About this opportunity
Credit Portfolio & Policy Management is a core team within the Chief Credit Office in Risk Division, responsible for a number of key credit risk activities including the oversight of single risk types, proactive Credit, Country and ESG Risk Appetite, Credit Portfolio Management and ensuring the operational effectiveness of the CCO function.
This role provides an exciting opportunity in the Credit Portfolio Management team to support the delivery of Credit Portfolio Risk across LBG, with a focus on BCB portfolio, also support our relationship with the PRA, and develop, design and communicate all credit policies, frameworks and Credit Authority Delegations from Group and RFB. The role is an excellent stepping stone to more senior positions, and will help build stakeholder management, networks and provide close working relationships with senior credit, Business and Products colleagues. This role plays a significant part in developing our understanding and proactive response to credit portfolio performance and also supporting our relationship with the regulator.
Day to day, you will:
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Support maintenance of an up-to-date, accurate, relevant and simple set of credit policies, reflective of agreed risk appetite.
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Ensure continuous and robust credit policy governance and control; including RCSA management.
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Develop oversight activities to support the group assess policy compliance.
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Assess and challenge policy compliance reporting throughout LBG.
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Supporting management of the Credit Authority Delegation (CAD) Framework.
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Helping to simplify the credit policy landscape, removing duplication and aligning to Group Strategy to ensure the framework supports the codification of the Credit Policies as part of the Credit Transformation work.
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Implementing, communicating and supporting embedding of credit policy and guidance to ensure they are understood and used effectively by credit and the business.
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Simplifying and streamlining Policy Partner (SharePoint) to ensure end users can navigate effectively and locate the materials they require.
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Supporting responses to credit information requests from stakeholders (Regulators, Board and Executives, Investor Relations and Finance) for your business areas.
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Scanning the horizon for economic, regulatory and accounting issues which may impact our portfolios.
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Managing, reporting and escalating changes to Credit Policy, Strategy, Appetite, Mandates and Test & Learn Programmes through a robust materiality assessment and change log process.
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.
Desirable skills would be:
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Ideally, a good level of knowledge of Credit Risk, Business/Commercial awareness, and the wider risk management framework.
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A good understanding of Consumer and Commercial Credit products, portfolios and underwriting processes
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A proven track record of delivering high quality outputs, articulating key information clearly and concisely for use at senior level.
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Passionate to inspire change to deliver simple yet effective solutions at pace.
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A desire to build a strong knowledge of the operating model and risk landscape of the Chief Credit Office, using this to shape innovative solutions.
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
Ready to start growing with purpose? Apply today
Proud member of the Disability Confident employer scheme