LBG

Regional Development Director - Real Assets

London Full time

End Date

Wednesday 20 May 2026

Salary Range

£0 - £0

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

Flexible Working Options

Hybrid Working, Job Share

Job Description Summary

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Job Description

JOB TITLE: Regional Development Director - Real Assets

LOCATION: London

HOURS: Full-time

WORKING PATTERN: Our work style is hybrid, with at least two days per week (or 40% of time) based at one of our office locations. We support colleagues with disabilities through reasonable workplace adjustments, including flexibility in how hybrid working is applied, in line with our Flexibility Works policy.

The Regional Development Programme is LBG’s enterprise-wide initiative for directing incremental finance into the economic development of the UK’s regions, creating positive social, environmental and commercial impact while deepening client relationships across CIB and the wider Group. This Director role will lead our Real Assets agenda - scaling neighbourhood‑led regeneration and economic infrastructure in underserved regions through innovative public‑private investment models.

The Opportunity: Real Assets

You'll innovate, structure and deliver long‑duration, asset‑backed investments that:

  • Catalyse neighbourhood‑scale regeneration, combining mixed‑tenure housing, public realm and enabling infrastructure.

  • Accelerate economic infrastructure including science and innovation assets, transport hubs and energy‑cluster developments.

  • Leverage strategic partnerships and public financial institutions alongside institutional investors and delivery specialists.

  • Develop innovative blended finance structures - such as supporting programmes like the NWF Social Housing Retrofit Guarantee to unlock large scale regeneration and accelerate investment into socially impactful real assets.

Key Responsibilities:

  • Convene senior leaders and key partners across local and national government, institutional investors, developers, universities, housing providers and advisers.

  • Build place strategies for priority City Regions and co‑develop local action plans with regional authorities and partners.

  • Create scalable investment vehicles and public‑private joint ventures to unlock stalled sites and mobilise institutional capital.

  • Originate and structure Real Assets transactions that deliver measurable place‑based impact and commercial returns.

  • Blend capital sources to bridge viability gaps and secure risk‑adjusted project returns.

  • Contribute to the Group’s Social Housing Initiative, helping link regional development opportunities with LBG’s wider social impact strategy. This includes working with Group Sustainable Business and housing partners to embed affordable housing outcomes into our Real Assets activity.

  • Embed core Sustainability principles and impact‑linked structures across transactions and ensure robust monitoring.

  • Steer governance and risk processes, align proposals with credit appetite and maintain accurate pipeline reporting.

Success Measures

  • Launch of replicable, scalable public‑private investment models across multiple UK regions.

  • Delivery of new tenure‑balanced housing, public realm improvements and enabling infrastructure.

  • Establishment of regional co‑investment platforms with devolved authorities and other strategic partners.

  • Deployment of LBG and third-party capital into Real Assets via a range of channels

Skills & Experience


Essential:

  • Proven origination capability and ability to lead senior multi‑party partner engagement (5+ years).

  • Strong background in corporate or structured finance, including real estate development and economic infrastructure (5+ years).

  • Experience blending public and private capital and working with regional authorities or public‑finance institutions.

  • Understanding of place‑based investment, sustainable finance and impact‑linked structuring.

  • Excellent communication, relationship‑building and commercial analysis skills.

Desirable:

  • Knowledge of regeneration in the built environment, industrial clusters and university‑anchored innovation ecosystems.

  • Professional qualifications (ACIB, ACT, CFA, CIMA, ACCA, MBA).

We know great talent comes from many backgrounds. While this advert references years of experience for optimisation purposes, we value transferable skills and varied career paths and encourage applicants with relevant experience to apply.

Team & Collaboration

You’ll sit within the Corporate & Institutional Bank’s Regional Development Team, working closely with Real Estate & Housing and other sector specialists. You’ll coordinate with Risk, the Regional Development Investment Committee and colleagues across the corporate bank, our insurance and investments division, as well as other partners such as Group Sustainable Business, Lloyds Living and The Housing Growth Partnership.

This Is A Place For You

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!

Regulatory Requirements (SMCR & FCA)

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.