Credit Risk Assurance Manager

NatWest Group; Bristol; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Credit Risk Assurance Manager to lead and deliver Credit Testing & Monitoring reviews. In this engaging role, you will ensure compliance with risk standards while working closely with stakeholders and leading a team of Assurance Managers. Your expertise in credit risk and strong analytical skills will be pivotal in identifying and addressing key risks. This position offers a unique opportunity to shape the future of credit risk management within a dynamic financial services environment, contributing to the development of innovative testing methodologies and enhancing stakeholder engagement.

Qualifications

• Expertise in credit risk and related standards is essential.
• Strong analytical and investigative skills to identify key risks.

Responsibilities

• Lead Credit Testing & Monitoring reviews ensuring compliance with risk standards.
• Engage with stakeholders and manage relationships effectively.

Skills

Credit Risk Expertise

Analytical Skills

Investigative Skills

Stakeholder Management

Communication Skills

Education

Degree in Finance or Related Field

Tools

Prism

RMPS

Avaloq

GMS

Job description

Join us as a Credit Risk Assurance Manager

• We’ll look to you to lead the delivery of Credit Testing & Monitoring (T&M) reviews, ensuring their effective design and delivery which assess compliance with risk standards and policies, processes and guidance, regulatory requirements, rules, and obligations.
• You’ll support the design, development, and delivery of a flexible and risk-based Credit T&M plan and you’ll help ensure the right resourcing levels and capability requirements are in place to meet and deliver review objectives.
• This is an engaging role in which you’ll enjoy significant stakeholder interaction, leading a review team, working closely with the first and second lines of defence, and supporting senior leaders.

What you'll do

As a Credit Risk Assurance Manager, you’ll take the lead with Credit T&M reviews, ensuring that the identification, assessment, and monitoring of credit risks and related outcomes are undertaken effectively and in accordance with risk management standards. You’ll help lead, coach, mentor, and develop a team of multi-skilled T&M Assurance Managers, ensuring deliverables are within agreed timelines and standards. You’ll also help to plan and schedule review team resources so that activity is executed in line with agreed timescales and adheres to T&M methodologies, processes, and policies.

While there's no line management responsibilities at the outset, the role may evolve over time as you settle in.

Furthermore, you’ll:

• Design, deliver, and document high quality Credit T&M reviews with robust and efficient testing strategies that focus on testing compliance with, where relevant, credit risk policies, processes and guidance, regulatory requirements, rules, and obligations.
• Engage with senior stakeholders, escalating identified areas of non-compliance and handling sensitive and challenging messages effectively.
• Assist team leadership as required.
• Manage relationships with key stakeholders with committee and forum attendance as required.
• Contribute to the design, build, and implementation of enhancements to T&M methodologies, testing tools, and techniques.

The skills you'll need

To succeed in this role, you’ll need subject matter expertise in credit risk and knowledge of the related standards or policies, processes and procedures, as well as credit risk counterparty types and products across the organisation. You’ll have a solid grasp of risk management within a financial services environment.

With excellent analytical and investigative skills, you’ll have the ability to identify key credit risks and areas of non-conformance with regulatory, policy, process, and guidance requirements, and you’ll have experience of making credit risk decisions which require analysis, judgement, and initiative. We're looking for experience across the credit risk spectrum; however, a background in Financial Institutions or Commercial Real Estate is particularly interesting.

We’re also looking for:

• An understanding of appropriate tools, techniques, and methodologies used to perform Credit T&M assurance reviews.
• The ability to work on your own initiative, setting priorities and self-managing multiple workstreams.
• The ability to lead, motivate, coach, and develop a team of multi-skilled and geographically dispersed employees.
• Good working knowledge of the principal credit systems across the organisation like Prism, RMPS, Avaloq and GMS.
• Effective communication skills, both written and verbal, with the ability to constructively challenge and influence, where appropriate.
• Strong relationship building and stakeholder management skills, and the ability to maintain effective relationships at all levels.
• Contribution to the wider development and evolution of the team and wider bank agenda, in particular in respect of data-led initiatives.