Credit Risk Manager - UK

Antal International Network; United Kingdom; On-site; Confidential; Full time

Job summary

A leading financial institution in the United Kingdom is seeking a Credit Risk Manager to lead and manage the credit risk assessment and control framework. Responsibilities include analysing credit exposures, assessing counterparties’ financial strength, and ensuring adherence to regulatory requirements. The ideal candidate will have over 7 years of experience in credit risk analysis and a strong knowledge of UK banking regulations. This role offers opportunities for professional growth and collaboration across departments.

Qualifications

• Bachelor’s degree in Finance, Economics, Accounting, Business, or a related discipline.
• Minimum of 7+ years’ experience in credit risk analysis, underwriting, or portfolio management.
• Strong knowledge of UK banking regulations related to credit risk.

Responsibilities

• Lead the assessment and approval process for new and existing credit facilities.
• Conduct detailed financial, business, and market analysis to assess borrowers’ creditworthiness.
• Manage and maintain the Bank’s internal credit risk rating system.

Skills

Financial analysis

Credit risk assessment

Problem-solving

Analytical skills

Interpersonal skills

Education

Bachelor's degree in Finance, Economics, Accounting, Business, or related discipline

Tools

Microsoft Excel

Credit risk systems or rating models

Job description

The Credit Risk Manager is responsible for leading and managing the credit risk assessment and control framework of the Bank. This includes analysing credit exposures, assessing counterparties’ financial strength, reviewing credit proposals, and ensuring adherence to the Bank’s risk appetite, credit policies, and regulatory requirements. The role holder will provide expert advice to business units on credit structuring, portfolio quality, and regulatory compliance, while ensuring that credit risk is effectively identified, measured, monitored, and mitigated across the Bank’s lending activities.

Key Responsibilities

• Lead the assessment and approval process for new and existing credit facilities, ensuring compliance with the Bank’s credit risk framework and PRA/FCA requirements.
• Conduct detailed financial, business, and market analysis to assess borrowers’ creditworthiness and repayment capacity.
• Review and challenge credit proposals (Credit Applications/Approval Memos) prepared by relationship managers and provide independent recommendations to the Credit Committee.
• Manage and maintain the Bank’s internal credit risk rating system, ensuring accuracy, consistency, and regular validation.
• Oversee portfolio monitoring, including early warning indicators, concentration risk, and sectoral exposure analysis.
• Prepare and present periodic portfolio review reports to senior management and the Credit Committee, highlighting key trends, risk concentrations, and emerging risks.
• Support the continuous improvement of credit policies, underwriting standards, and risk appetite frameworks to reflect regulatory guidance and market developments.
• Collaborate with business units to balance prudent risk management with business growth objectives.
• Provide credit training and guidance to relationship managers to enhance underwriting quality and policy compliance.
• Liaise with external auditors, regulators, and internal audit to ensure the Bank’s credit processes and practices meet regulatory standards.
• Contribute to stress testing exercises, ICAAP, and other risk governance reports as required.
• Undertake any other credit risk–related duties as assigned.

Minimum Qualifications and Experience

• Bachelor’s degree in Finance, Economics, Accounting, Business, or a related discipline (Master’s or CFA/FRM qualification is an advantage).
• Minimum of 7+ years’ experience in credit risk analysis, underwriting, or portfolio management within a UK or international bank.
• Strong knowledge of UK banking regulations, including PRA and FCA requirements related to credit risk.
• Proven ability to evaluate complex credit structures across corporate, commercial, and financial institution portfolios.
• Excellent analytical, financial modelling, and problem-solving skills.
• Advanced proficiency in Microsoft Excel and other analytical tools; experience with credit risk systems or rating models preferred.
• Strong interpersonal, report-writing, and presentation skills, with the ability to communicate complex risk issues clearly to senior stakeholders.
• Demonstrated ability to work independently while effectively collaborating across departments.