Credit Risk Manager

TN United Kingdom; Barrow-in-Furness; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Credit Risk Manager to enhance risk management practices and support strategic goals. This role involves leading a team, collaborating with various departments, and ensuring compliance with regulations. The ideal candidate will have experience in Credit Risk, particularly with mortgages, and possess strong SAS programming skills. You'll play a crucial role in improving risk appetite and delivering insightful management information to support the organization's growth aspirations. If you're driven by achievement and passionate about risk management, this is the perfect opportunity for you.

Qualifications

• Experience in Credit Risk, preferably with mortgages.
• Ability to identify and assess risks and design risk strategies.

Responsibilities

• Manage the Credit Risk Team and develop risk management practices.
• Prepare Credit Risk Committee meeting packs and oversee actions.
• Support Finance Team in calculating monthly provisions.

Skills

Credit Risk Management

SAS Programming

Communication Skills

Problem Solving

Decision Making

Job description

Below is a refined version of the job description, with improved formatting and clarity:

Job Responsibilities

1. Establish, maintain, and develop embedded risk management practices throughout the Society and Group, enabling the Society to meet its strategic goals and serve as an adviser to Senior Management on Credit Risk areas.
2. Manage the Credit Risk Team to build a programme of continuous improvement.
3. Work effectively across Risk, Commercial, Operations, Finance, and Compliance to achieve shared business goals.
4. Maintain and develop the Credit Risk Management Policy.
5. Support the production and updating of the Society's detailed Lending Policy documentation in line with relevant regulation.
6. Prepare and oversee Credit Risk Committee meeting packs, including minutes and actions, in a timely manner, covering:

• Management information and reporting for risk and control framework assessment
• Risk exposure relative to risk appetite and regulatory limits
• Reporting of risk through the Board Risk Committee as appropriate

Liaise with internal audit and Compliance regarding risk information provision for audit and compliance planning.

Support the Finance Team in calculating monthly Provisions and annual ICAAP scenarios.

Manage loss models, including monitoring and ongoing improvements.

Review and recommend improvements to risk appetite, considering the economic environment and maintaining a dynamic approach to Credit Risk management.

Deliver ongoing improvements and automation to Credit Risk MI, supporting business development activities and the Society's growth aspirations.

Key Attributes

• Previous Credit Risk Experience, preferably with mortgages
• SAS programming knowledge

Technical Competency

Risk

Ability to identify and assess risks, design and deliver risk appetite and strategy, mitigate financial crime, fraud, and data security risks, ensuring compliance with policies, legislation, regulations, and industry standards.

Generic Competencies

• Communication: Clear, effective, and simple communication tailored to the audience.
• Customer Focus: Meeting customer needs in a way that benefits both the customer and the organization.
• Collaboration: Supporting and cooperating with others to achieve objectives, with openness to change.
• Achievement Drive: Proactively seeking to achieve and exceed objectives.
• Problem Solving & Continuous Improvement: Applying creativity and flexibility to identify processes and implement quality solutions.
• Decision Making: Making informed decisions based on facts and learning from others.
• Business Awareness: Understanding the business environment to meet customer needs effectively.
• Planning & Prioritising: Organizing work efficiently to ensure effective delivery.