Credit Risk Manager

Distinct | B Corp; West Yorkshire; On-site; GBP 51,300 - 62,700; Full time

Benefits offered by this job

Bonus

Strong pension contribution

Flexible working arrangement

Job summary

A growing Financial Services firm in the United Kingdom is seeking a Credit Risk Manager to oversee its mortgage portfolio, focusing on risk modelling, MI enhancement, and ICAAP reporting. The ideal candidate will have experience in mortgage credit risk, strong knowledge of risk frameworks, and the ability to work collaboratively with teams. The role supports flexible working arrangements, including a hybrid model, and offers competitive salary and benefits. Ideal for those looking to develop in a fast-growing environment.

Qualifications

• Experience in managing mortgage credit risk effectively.
• Strong technical knowledge of risk frameworks, ICAAP, and MI development.
• Ability to balance risk and lending objectives while collaborating.

Responsibilities

• Review and manage credit risk within the mortgage portfolio.
• Support MI and data improvements during digital transformation.
• Work with distribution and product teams to aid lending decisions.
• Contribute to ICAAP, risk monitoring, and reporting.
• Strengthen frameworks and controls with a practical approach.

Skills

Mortgage credit risk

Risk frameworks

ICAAP

MI development

Analytical skills

Commercial mindset

Job description

I am exclusively partnering with a growing Financial Services business to recruit a newly created Credit Risk Manager for their mortgage portfolio. They are known for its purpose driven approach, balancing strong growth with sustainable and responsible lending.

There is a strong risk culture with mature frameworks across credit, operational, compliance, and financial crime and they are currently undergoing digital transformation, improving modelling and MI capabilities

The role offers flexible working, full time or part time 4 days a week, and reports into a mature 2nd line risk function.

The Role

This is a hands on 2nd line credit risk role, working directly with a small, but growing mortgage book. The focus is on building and improving MI, enhancing risk modelling, and supporting ICAAP reporting. You will collaborate with distribution and product teams, providing credit insight, challenge, and analysis.

• Review and manage credit risk within the mortgage portfolio
• Support MI and data improvements as part of digital transformation
• Work with distribution and product teams to support lending decisions
• Contribute to ICAAP, risk monitoring, and reporting
• Help strengthen frameworks and controls, while taking a practical, hands on approach

The Ideal Candidate

• Experience in mortgage credit risk
• Strong technical knowledge of risk frameworks, ICAAP, and MI development
• Commercial mindset, able to balance risk and lending objectives
• Comfortable working hands on with distribution and product teams
• Analytical, proactive, and able to work in a small, collaborative team
• Salary range up to £57,000 + bonus, strong pension contribution and other benefits
• Fast growing business with development opportunity
• Hybrid Working model (2 days a week in the office)