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Lloyds Banking Group

Business Manager, Institutional Coverage

Lloyds Banking Group is hiring a Business Manager, Institutional Coverage in London, United Kingdom. It pays £73k-£81k a year and Level rates it ; you can apply on Lloyds Banking Group.

Level's read on this job

  • On Level's scale, this role is Little AI ●○○○: aI is not part of the work.
  • Some of the work can be done remotely, according to the posting.
  • The posting mentions business management, financial services and stakeholder management among its tools and skills.
  • Lloyds Banking Group has 107 other open roles on Level.
  • Posted in the last few days.

AI in this role

Provide business management and operational support for the Institutional Coverage team in a hybrid corporate banking role.

business-managementfinancial-servicesstakeholder-managementinternal-communications

End Date

Tuesday 17 November 2026

Salary Range

£72,702 - £80,780

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: 162009 Business Manager, Institutional Coverage

Location: London

Hours: Full-Time

Salary: £72,702 - £80,780

Working Pattern: Our work style is hybrid, which involves spending at least three days per week, or 60% of our time, at one of our London office. Colleagues with disabilities can be supported with workplace adjustments including hybrid working expectations in line with our Flexibility Works policy.


About this Opportunity:

This role sits within Corporate and Institutional Banking (CIB) Coverage central Business Management team, providing high-impact business management and operational support for Institutional Coverage. It’s a central role within the coverage business, offering strong exposure across the Institutional sectors and wider CIB.


Working closely with Institutional Sector Heads across Global Banks, Insurance, Sponsors, and Asset & Wealth Management, you’ll help drive key priorities across Institutional Coverage. This includes strategy and project work, supporting budgets and investment activity, and producing reports, MI, and executive materials to support decision making.


You’ll act as a key connector between Institutional Coverage, CIB Stakeholders and Group partners such as Finance, Risk, Business Operations and other central teams, ensuring activity is well governed, and risks are handled effectively. The role also involves shaping internal communications, colleague engagement and cultural activity across the Institutional Coverage community.


Why Lloyds Banking Group?

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. Including you!


What we’re looking for:

  • 2+ years’ experience in a business management role within a regulated financial services environment
  • Experience of writing strategies and knowledge of Institutional clients and product requirements
  • Experience producing MI and supporting budgets working closely with Finance and Business Operations
  • Excellent written communication skills, showing strength in drafting polished internal updates, meeting notes, briefings and executive materials
  • Strong organisational skills, with the ability to prioritise competing deadlines and stakeholders while maintaining high attention to detail and sound judgement
  • Confident stakeholder manager, comfortable engaging with senior sector leaders and handling sensitive or critical information with appropriate discretion
  • Proficiency in Microsoft 365 (Outlook, PowerPoint, Excel, Teams, SharePoint)

And any experience of these would be great:

  • Familiarity with institutional coverage models, relationship-led banking, and client-focused environments

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


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
  • 30 days’ holiday, with bank holidays on top
  • A range of wellbeing initiatives and generous parental leave policies

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.

How we rate this

Business Manager, Institutional Coverage at Lloyds Banking Group rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

Business ManagementFinancial ServicesStakeholder ManagementInternal Communications

Questions you could be asked

  1. Tell me about a project where business management was part of your work. What did you do?
  2. Tell me about a project where financial services was part of your work. What did you do?
  3. Tell me about a project where stakeholder management was part of your work. What did you do?
  4. Tell me about a project where internal communications was part of your work. What did you do?

Adapt your resume

  • List these exact terms on your resume: Business Management, Financial Services, Stakeholder Management, and Internal Communications. An applicant tracking system matches the wording, not the idea.
  • Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.

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