Head Of Mid Corporate Debt, LCL

Join us as a Head of Mid-Corporate Debt in the Large Corporate Lending (“LCL”) team.

Location: Birmingham, Bristol or Manchester

The Large Corporate Lending team are at the heart of the delivery of the UK Corporate Banking’s asset growth agenda. We support Large and Mid-Corporate Coverage colleagues with the ability to originate and structure lending opportunities (within our own risk appetite) that meet our clients’ desire to utilise debt finance to facilitate their own growth ambitions.

As the Head of Mid-Corporate Debt you will lead a team of high performing VP & AVP Debt Structurers, who provide dedicated debt structuring support on a portfolio of debt transactions in the Mid-Corporate Segment across the UK. You will proactively coach, support and develop your VP and AVP colleagues through workflow management as well as active oversight and support of their work in progress, providing timely coaching and supportive interventions to both develop them but also positively influence Barclays’ right to win on any given transaction.

As part of the effective delivery of your duties you will also engage with clients and advisors, both alongside your VPs and AVPs and independently, as part of the overall transaction process acting in both a senior sponsor and lead structurer capacity.

As the most senior debt partner to the Mid-Corporate segment you will be jointly accountable alongside Coverage leaders for the overall lending performance of the Mid-Corporate business. This will require you to have oversight of the corporate lending income and balance performance and identify and execute activities to positively influence the same. This will require you to either lead,  support or consult on a variety of commercial growth and client experience initiatives in partnership with Coverage, Risk, Portfolio, Product Management, Lending Operations and Technology teams.

The successful candidate will also become part of the Large Corporate Lending Leadership team and as such will be required to provide the voice of the Mid Corporate debt business at the LCL Leadership table as well as provide wider support and direction to the overall delivery of the LCL business.

Essential Skills/Basic Qualifications:

• The candidate should be able to demonstrate experience of having led deal teams earlier in their career to deliver debt transactions
• Credit skills, and debt finance experience as well as an understanding of the end to end lending journeys in UKC with particular awareness of the characteristics of borrowers and transactions in the upper SME / lower mid-market
• Be passionate about developing colleagues in both technical and interpersonal skills
• Geographically mobile with the ability to spend time travelling to client and colleague sites

Desirable skills/Preferred Qualifications:

• Previous experience of working within a transaction environment
• Experience of complex problem solving
• Experience of leading and inspiring teams
• The ability to spot early variances in the performance of a business, identify solutions, and drive those solutions into execution
• A curious mind to challenge, innovate and transform processes and working practices.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role can be based in any regional location where there is a critical mass of co-located Mid-Corporate colleagues.

Purpose of the role

To manage debt relationships with high-value corporate clients and potential clients  Provide support to the bank's senior management team in setting strategic direction and,  managing debt structuring risk across the organisation. 

Accountabilities

• Collaboration with account managers to structure, recommend and fully implement relevant debt products and services to existing and potential clients.
• Management of debt structuring, including oversight of colleagues and their performance, implementation of departmental goals and objectives, oversight of department efficiency and effectiveness.  .
• Relationship management of debt structuring stakeholders, including identifying relevant stakeholders, and maintenance of the quality of external third party services.
• Management of key stakeholder relationships within target companies to understand their needs and recommend appropriate solutions.
• Management of debt structuring risk, including identification of potential risks, development of strategies to mitigate those risks, and maintenance of alignment between the bank’s debt structuring and compliance functions.  .
• Monitoring the financial performance of each transaction completed as well as the wider debt structuring department, including revenue, profitability, and cost control.
• Conducting thorough market research to understand market trends, competitive landscape, and regulatory changes to identify market opportunities.

Director Expectations

• To manage a business function, providing significant input to function wide strategic initiatives. Contribute to and influence policy and procedures for the function and plan, manage and consult on multiple complex and critical strategic projects, which may be business wide..
• They manage the direction of a large team or sub-function, leading other people managers and embedding a performance culture aligned to the values of the business. Or for an individual contributor, they lead organisation wide projects and act as deep technical expert and thought leader, identifying new ways of working and collaborating cross functionally. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Provide expert advice to senior functional management and committees to influence decisions made outside of own function, offering significant input to function wide strategic initiatives.
• Manage, coordinate and enable resourcing, budgeting and policy creation for a significant sub-function.
• Escalates breaches of policies / procedure appropriately.
• Foster and guide compliance, ensure regulations are observed that relevant processes in place to facilitate adherence.
• Focus on the external environment, regulators, or advocacy groups to both monitor and influence on behalf of Barclays, when appropriate.
• Demonstrate extensive knowledge of how the function integrates with the business division / Group to achieve the overall business objectives.
• Maintain broad and comprehensive knowledge of industry theories and practices within own discipline alongside up-to-date relevant sector / functional knowledge, and insight into external market developments / initiatives.
• Use interpretative thinking and advanced analytical skills to solve problems and design solutions in often complex/ sensitive situations.
• Exercise management authority to make significant decisions and certain strategic decisions or recommendations within own area.
• Negotiate with and influence stakeholders at a senior level both internally and externally.
• Act as principal contact point for key clients and counterparts in other functions/ businesses divisions.
• Mandated as a spokesperson for the function and business division.

All Senior Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.