Head of Real Estate and Housing Credit

End Date

Salary Range

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

Flexible Working Options

Job Description Summary

Job Description

JOB TITLE: Head of Real Estate and Housing Credit

LOCATION: London or Birmingham

HOURS: Full time

WORKING PATTERN: Hybrid, 40% (or two days per week) in one of our office hubs mentioned above

About this opportunity

The Head of Real Estate and Housing Credit is a key leadership role responsible for the 2nd line credit team. Managing the Group’s Commercial & Residential Real Estate, Social Housing, House builders and Hotels credit function; covering both Corporate clients and SMEs, with accountability to the Director responsible for the Group’s Business and Commercial Banking credit function, also working directly with the Director of the Corporate and Institutional Banking credit function.

You'll be responsible for the implementation and maintenance of the credit risk strategy for the Real Estate & Housing businesses. Conducting oversight and providing assurance of 1LOD activities that ensure the effectiveness of LBG’s Credit Risk controls whilst also acting as a Senior Sanctioner for significant transactions. Against a backdrop of economic uncertainty, the role will deliver sector and product specific credit areas of expertise to support Group and customer requirements.

About us

Join us and, as well as making a difference to customers, you’ll enjoy a fulfilling career where you’re free to be yourself. Great colleagues, transforming workspaces, hybrid working and a wide variety of career opportunities – you’ll find them all here.

Key Accountabilities

• Portfolio Management: Credit Partner for a custom portfolio in the Corporate Real Estate and Housing sector, Where the bank manages Real Estate, House builders, Hotel and Social Housing clients including SMEs to FTSE 100 companies, with facilities exceeding £30bn.

• Financial Analysis: Analyzes and rates complex financial accounts and transactions for UK-focused assets with UK and multinational investors.

• Transaction Leadership: Leads transactions, engaging with 1st and 2nd Line stakeholders (inc. clients, CEO, CFO and Treasury) to structure proposals that meet risk appetite.

• Technical Insight: Provides detailed technical support for transaction diligence and structuring, including valuation reports, development monitoring, and legal documentation.

• Risk Management: Identifies and owns credit risks, seeking to improve mitigations or de-risk, and oversees the Risk Management and Control Framework.

• Data Utilization: Uses internal and external data sources to generate insights and improve decision-making.

• Policy Shaping: Shapes policy and appetite through sector expertise, supporting the Group’s strategic objectives.

• Change Management: Leads change management and continuous improvement initiatives, generating market and data insights.

• Delegated Authority: Maintains significant delegated sanctioning authorities and exercises credit delegated authority as a senior sanctioner.

• Regulatory Representation: Produces critical regulatory data and represents the Bank at regulatory meetings.

• Team Leadership: Effectively manages a team, including six senior direct reports.

• Deputise, as required, for the CIB Corporate Credit Director and/or BCB Credit Director

What we're looking for

• Real estate debt transaction expertise, whether in a coverage/credit or restructuring environment.

• Leadership experience managing highly effective team performance

• Excellent stakeholder management including experience engaging at Executive level in an organization

• Strong negotiation and communication skills including an ability to manage competing priorities and ambiguity

• An ability to work at pace and manage multiple demands

Desirable

• Experience in the House builder and/or Social Housing sector

About working for us

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms.

We want our people to feel that they belong and can be their best, regardless of background, identity or culture.

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.

And it’s why we especially welcome applications from under-represented groups.

We’re disability confident. So if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%

• An annual bonus award, subject to Group performance

• 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

Want to do amazing work, that’s interesting and makes a difference to millions of people? Join our journey!

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.