Portfolio Director - LDC

End Date

Wednesday 28 January 2026

Salary Range

£0 - £0

We support flexible working – click here for more information on flexible working options

Flexible Working Options

Hybrid Working

Job Description Summary

JOB TITLE: Portfolio Director - LDC
LOCATION: London
HOURS: Full Time

About this opportunity
As the private equity arm of Lloyds Banking Group, LDC supports management teams across the UK to fulfil their growth ambitions and build great businesses. Since 1981, LDC has invested over £5.5bn in more than 650 SME and mid-market businesses. More details can be found at www.ldc.co.uk.

Job Description

Working in a senior role as part of the Portfolio Team and alongside the Regional Offices, the purpose of this role is to proactively manage portfolio company investments to materially improve performance and maximise realised value through their investment life cycle.

In role, you’ll be responsible for managing between 6 and 8 portfolio companies per year either as lead Investment Officer or alongside a Regional Investment Officer. 

Accountabilities:

• Take the lead or where relevant joint/secondary investment officer role on each investment to determine and implement the investment strategy including:
• Selection of appropriate NXC and NEDs, monitor their contribution and effect improvement where required;
• Ensure we have the right management team in place to enable the company to reach its potential and, where appropriate, effect and influence appropriate change, strengthening the team in a timely manner;
• Lead the challenge on company strategy, annual budget setting processes and provide support to management on implementation of agreed plans;
• Proactively support and influence company development both organically and through acquisition, identifying and delivering on opportunities to build value further;
• Identify and drive continued value enhancement through relevant improvement initiatives, leveraging VCP support where appropriate;
• Determine and lead the approach and timing to exit, supporting exit planning and preparation work and negotiation to maximise investment returns.
• Present investment strategy and portfolio company performance to Investment Committee in a succinct and coherent manner, identifying key issues together with providing proactive solutions to address and improve investment performance.
• In the event of investment underperformance take a lead role in proactively working through the issues including strategy reset, management change, cost out restructurings and cash management, together with negotiating and implementing restructuring solutions with the company’s lenders and other stakeholders;
• Ensure the maintenance of the highest standards for case management, investment valuation and support;
• Develop and maintain strong relationships with potential chairmen, non-executive directors, executive management and lenders.
• Promote the adoption of best practice and the highest standards in all aspects of the business.
• Contribute to the development of company-wide initiatives by participating in project teams as required.
• Contribute where appropriate in management and reporting of wider LDC portfolio metrics as part of National Portfolio Team.
• Assist in portfolio wide initiatives where relevant, liaising with investment officers and management teams as required. Contribute to debate on merits of and proposed investment strategy for new investment opportunities where appropriate.
• Participate in the delivery of LDC medium term plan through the achievement of agreed budgets/targets.
• Demonstrate effective risk management and control by ensuring appropriate regulatory assurance and compliance, and thorough due diligence on transactions.
• Coach and manage more junior members of the team and to set an example with a positive and professional attitude.
• To ensure the maintenance of the highest standards for portfolio management.
• To build on and promote the strong, collaborative culture of LDC.

What you’ll need:

• Senior relevant experience, either in private equity, Performance Improvement or Restructuring), due diligence, leveraged finance or broader industry experience including experience of operating at Director/Board level.
• Direct private equity experience is not a necessity if you have a proven record of business improvement in industry although demonstrating strong understanding of private equity structures and implications on investment performance will be required.
• Strong qualitative and quantitative analytical skills
• Exceptional inter-personal, communication and leadership skills to support relationship building with and influencing of management teams
• Ability to work autonomously and as part of a team
• Entrepreneurial, self-starting and motivated by personal success
• High levels of personal integrity and honesty

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.

If you’re excited by the thought of becoming part of our team, get in touch. We’d love to hear from you.

This role is considered Certified under the Senior Manager and Certification Regime as either requiring mandatory qualifications or being deemed as a role capable of providing ‘significant harm’ to customers. Due to this, successful candidates will be subject to enhanced levels of vetting, and required to complete a fitness and propriety attestation on commencement in role. Colleagues performing this role will be required to be complete a fitness and propriety attestation on an annual basis and will also be subject to additional routine criminal and credit checks

As a certified colleague your details will be published on the FCA’s Financial Services Register

This role has been identified as a Client-dealing function under SYSC 27.8.18R as defined in the FCA Handbook

The Person  (“P”) performs the client-dealing FCA certification function for a firm if:(1)  P is carrying out any of the activities in the table in SYSC 27.8.19R; and(2)  those activities will involve P dealing with:(a) a person with or for whom those activities are carried out; or(b) the property of any such person;in a manner substantially connected with the carrying on of regulated activities by the firm.

If you manage certified colleagues this role will be identified as Manager of certification employees under SYSC 27.8.13R as defined in the FCA Handbook(1) The function of managing or supervising a certification employee, directly or indirectly, is an FCA-specified significant-harm function.(2) A function in (1) is not an FCA certification function for that firm if it is performed by an SMF manager of that firm.

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.