Specialist Business Manager – Rates and Credit

End Date

Sunday 10 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:         Specialist Business Manager – Rates and Credit

LOCATION:        London

SALARY:               Competitive Package

HOURS:                 Full Time

What you’ll be doing:

Lloyds Banking Group is seeking a Director to support our Rates and Credit product and strategy. Responsibilities will include working closely with the Heads of Rates and Credit Trading, Rates and Credit Traders, and support partners.

This role will report to the Head of Business Management within Lloyds Bank Corporate Markets (LBCM) based in London 33 Old Broad Street.

Responsibilities include:

• Acting as the primary liaison between key product partners and the Heads of Rates and Credit, ensuring effective delivery of the Global Markets product and the design and execution of Board metrics.
• Serve as an end‑to‑end Rates and Credit subject matter expert, acting as a key connection point between Product, Coverage, and Sales to drive optimal business and client outcomes.
• Strengthen Rates and Credit operational resilience and controls by partnering with Technology and Transformation teams to design and implement practical, regulatory‑compliant control frameworks.
• Own and improve Rates and Credit product governance and documentation, ensuring all risk, conduct, and resilience obligations are fully met.
• Deliver clear, high‑quality updates to Head of Rates and Credit to support, working collaboratively with Front Office, Risk, Compliance, Audit, Coverage, Credit, and Data teams.
• Champion a technology-curious attitude, serving as a role model for innovation by actively exploring new tools. Use responsible automation to simplify processes and enhance efficiency within the Pricing and Credit team.

Why join us?

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.

What we’re looking for?

• A minimum of 10+ years proven experience supporting in FICC businesses, with strong Rates and Credit product knowledge and the ability to interpret trends and analysis to inform the product strategy.
• Demonstrated success in coordinating and bringing to completion complex, multi-jurisdictional programmes.
• Strong analytical skills; able to interpret data on product performance, benchmarks, and financial metrics. Provide strategic insights for leadership and collaborators including Audit, CCOR, Compliance, Markets Platform, and Finance.
• Knowledge of Rates and Credit product regulation including (MiFId II, Dodd Frank etc).
• Ability to design effective controls and prioritise under pressure to manage incidents confidently.
• Exceptional communication and stakeholder management skills to foster a high performance culture with clear standards for risk, conduct, and delivery.

We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.

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 make an impact? Apply today!

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.