Credit Risk Manager

Pension Protection Fund; Slough; Hybrid; GBP 78,000 - 85,000; Full time

Job summary

An established industry player is seeking a Credit Risk Manager to join their dynamic team. This pivotal role involves designing and implementing a robust credit risk framework, supporting underwriting processes, and managing a diverse portfolio of lending transactions. The ideal candidate will possess extensive experience in Credit Risk Management and demonstrate exceptional communication skills to present complex information effectively. Join a supportive and inclusive workplace that values diverse talent and promotes career development. This is a fantastic opportunity to make a meaningful impact in a role that fosters personal growth and professional excellence.

Benefits

Civil Service Pension

Personal development opportunities

Skills training

Flexible working arrangements

Qualifications

• Extensive experience in Credit Risk Management at a large financial institution.
• Ability to draft Credit Risk reports for Rating Committees.

Responsibilities

• Design and implement an independent credit risk framework.
• Support underwriting processes and manage counterparty credit risk.

Skills

Credit Risk Management

Corporate Credit Risk

Structured Finance

Interpersonal Skills

Communication Skills

Job description

Location: Croydon office location with Hybrid working

Salary: £78,000 to £85,000 per annum plus Civil Service Pension

Contract Type: Permanent

Position type: Full Time

The vacancy

We’re the Pension Protection Fund (PPF). We protect millions of people in the UK who belong to defined benefit pension schemes. When these schemes fail, we’re ready to help.

We do this by paying our members, charging a levy, and investing sustainably. Our work has a real impact on people’s lives, so we strive to do it well, with integrity and their future in mind.

We’re equivalent in size to a top 5 UK pension scheme and have developed a highly sophisticated, best-in-class investment strategy. Our culture combines private sector standards with a public service ethos.

We’re looking for a Credit Risk Manager to join our 2nd Line of Defence function, responsible for designing, developing, and implementing an independent credit risk framework.

The Credit Risk Manager’s role is to support the underwriting process and day-to-day counterparty credit risk management of a portfolio of vanilla and complex lending transactions, providing independent credit risk opinions and rating recommendations to rating/investment committees, senior risk officers, and front office management.

Our ideal applicant will have extensive experience in Credit Risk Management, at a large financial institution or rating agency, with a focus on Corporate Credit risk and/or Structured Finance. They will be able to demonstrate experience in drafting Credit Risk reports for presentation at Rating Committees. Interpersonal skills are essential, including effective relationship management, a successful business partnering approach, and strong communication skills, with the ability to interpret complex information to a varied audience.

The PPF is a diverse and inclusive workplace. We are open to applicants from all backgrounds, including returners to the workplace. We encourage applications from those seeking a supportive environment where you will be supported to be the best version of yourself.

Sound like you? Apply now.

In return for your skills, experience, and commitment, we offer a challenging role within a supportive environment that promotes career development.

We also provide opportunities for personal development and skills training.

Our Croydon office is conveniently located just across from East Croydon station, around 15 minutes from Victoria or London Bridge, 10 minutes from Clapham Junction, or half an hour from St Pancras.

We’re proud to be a Disability Confident Leader, the highest accreditation under the Disability Confident Scheme. If you have a disability and meet the essential criteria, you will be guaranteed an interview.

We embrace diverse talent, welcoming people of all beliefs, backgrounds, and ways of working. Whatever your background and how you identify, you’ll be welcome here.

We’re happy to discuss flexible working arrangements.

Benefits include a defined benefit or defined contribution pension scheme.