End Date
Wednesday 10 December 2025Salary Range
£47,790 - £53,100We support flexible working – click here for more information on flexible working options
Flexible Working Options
Hybrid Working, Job ShareJob Description Summary
.Job Description
JOB TITLE: Securitisation Associate
SALARY: £47,790 - £58,410
LOCATION(S): Leeds, Cardiff & Bristol
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
About this opportunity
Are you excited about managing key transactions and making a significant impact on our transformation journey? If so, we want you on our team!
We play a key role in establishing new transactions for the Group. Our expertise is instrumental in ensuring the successful management of transactions once they are established.
To achieve our goals, there is a need to build and maintain strong relationships with internal and external partners. We provide support and guidance to finance, legal, and Consumer Lending teams, and collaborate with external advisors such as lawyers, auditors, rating agencies, swap counterparties, investment banks, and regulators. Our ability to effectively collaborate and communicate will be critical to our success as a team.
Join us to be part of a very successful team assisting in the management and reporting for a number of strategic high profile Lloyds Banking Group securitisation, covered bond and capital optimisation programmes, which provide significant volumes of funding and liquidity/RWA benefit to the bank utilising mortgages as collateral.
Responsibilities:
Identifying and transferring cash associated with mortgage transactions and applying the cash collected from defined waterfalls.
Reconciliation of securitisation bank accounts, general ledger and mortgage system
Completion of all tests and reports on pool performance.
Preparation and checking of loan level data for various parties.
Handle performance of the portfolios looking after substitutions and warranty breaches and monitoring triggers associated with the programmes.
Provide support for the external lawyers and auditors in the various mortgage file reviews.
Work together with the Securitisation Manager for other aspects of new deals.
Build and maintain relationships with internal and external partners. Assist in the support to Retail Finance, trustees, investors and external advisors including lawyers, auditors, rating agencies, swap counterparties and regulators in relation to designated programmes.
Maintain the control environment around key business processes and identify areas for improvement/simplification.
Provide support to internal audit and compliance teams for their periodic reviews of the programmes.
Provide input into the learning and development of the team.
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 you’ll need:
An understanding of securitisations and wholesale funding markets is required for this role
Collaboration, communication, presentation, team skills, with the ability to influence across different levels within the organization.
A strong working understanding of Microsoft 365 apps is essential
Attention to detail and an ability to complete complex tasks without compromising quality
And any experience of these would be really useful:
Experience of working in a large financial services organisation.
An interest in data and systems and lending policies, procedures and products.
Knowledge of Power platform apps would be a distinct advantage.
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
• 28 days’ holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies
This is a once in a career opportunity to help shape your future as well as ours. Join us and grow with purpose.
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.