Credit Risk Manager

Additional Resources; London; On-site; GBP 75,000; Full time

Job summary

An exciting opportunity has arisen for a Credit Risk Manager to join a prestigious foreign bank in Central London. In this office-based role, you will be responsible for analyzing mortgage and loan applications, evaluating products, and supporting customer relationship managers. You will collaborate with risk committees and prepare regular credit risk reports. This position offers a competitive salary and the chance to advance your career in a dynamic team environment. If you have a strong background in credit risk management and UK regulations, this role is perfect for you.

Qualifications

• Experience in credit risk management within UK-regulated financial services.
• Strong knowledge of UK regulations including PRA and FCA.

Responsibilities

• Analyze mortgage and loan applications to assess creditworthiness.
• Prepare and present credit risk reports and management information.

Skills

Credit Risk Management

Financial Analysis

Regulatory Compliance

Stakeholder Management

Microsoft Excel

Data Analysis

Tools

Microsoft Office

Job description

Job Opportunity: Credit Risk Manager

An exciting opportunity has arisen for a Credit Risk Manager to join a prestigious foreign bank based in Central London. This is an office-based role offering a salary of £75,000 and benefits.

As a Credit Risk Manager, you will report directly to the Head of Risk Management and Regulatory Compliance. Your role will support customer-facing ‘first line’ business functions and collaborate with the bank’s risk committees, including the Management Credit Committee (MCC) and the Board Credit Committee (BCC).

Key Responsibilities:

• Analyze mortgage and loan applications to assess creditworthiness, financial background, and repayment ability.
• Evaluate loan/mortgage products, terms, conditions, pricing, and covenants.
• Support customer relationship managers to ensure excellent service, prompt decisions, and clear communication of terms.
• Monitor and report on loan portfolio performance, identify trends, and improve the credit risk profile.
• Prepare and present credit risk reports and management information regularly.
• Maintain and update credit risk policies in line with market conditions and the bank’s objectives.
• Monitor loan arrears, gather relevant information, and generate regular reports.
• Manage mortgage broker selection and oversight policies.
• Review underwriting and decision-making processes for compliance with loan conditions.
• Review credit risk model outputs, including expected credit loss (ECL) and IFRS9 calculations.
• Conduct stress testing on the loan portfolio and support the ICAAP process.
• Assist in regulatory matters and meetings alongside the Head of Risk Management and executives.

Key Experience:

• Experience as a Credit Risk Manager, Analyst, Officer, or similar role.
• Background in credit risk management within UK-regulated financial services.
• Strong knowledge of UK regulations (PRA, FCA), including Consumer Duty and Basel 3.1.
• Understanding of banking operations, including retail banking, mortgages, and SME lending.
• Ability to present to and influence senior stakeholders and committees.
• Proficiency in Microsoft Office, especially Excel, Word, and PowerPoint.
• Good understanding of financial services processes, procedures, and controls.

Apply now to join a dynamic team and advance your career as a Credit Risk Manager.

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