Credit Risk Manager

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

Job summary

An exciting opportunity awaits for a Credit Risk Manager to join a prestigious foreign bank in Central London. This office-based role involves analyzing mortgage and loan applications, supporting customer-facing business roles, and collaborating with risk committees. The successful candidate will have a strong background in credit risk management within UK-regulated financial services, with a solid understanding of banking operations and regulations. Join a dynamic team and take your career to the next level in a role that offers a competitive salary and benefits.

Qualifications

• Experience in credit risk management within UK-regulated financial services.
• Ability to present to and influence senior stakeholders.

Responsibilities

• Analyze mortgage and loan applications for creditworthiness.
• Monitor loan portfolio performance and prepare credit risk reports.

Skills

Credit Risk Management

Financial Analysis

Regulatory Compliance

Stakeholder Presentation

Microsoft Excel

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 office-based role offers a salary of £75,000 along with benefits.

The Credit Risk Manager will report directly to the Head of Risk Management and Regulatory Compliance. The role involves supporting customer-facing 'first line' business roles and collaborating with the bank's risk committees, including the Management Credit Committee (MCC) and the Board Credit Committee (BCC).

Key Responsibilities:

1. Analyze mortgage and loan applications, assessing creditworthiness, financial background, and repayment ability.
2. Appraise loan/mortgage products, terms, conditions, pricing, and covenants.
3. Support customer relationship managers to ensure excellent service, prompt decisions, and clear communication.
4. Monitor and report on loan portfolio performance, identifying trends to improve credit risk profile.
5. Prepare and present credit risk reports and management information.
6. Maintain and update credit risk policies in line with market conditions and objectives.
7. Monitor loan arrears and provide regular reports.
8. Manage mortgage broker selection and oversight policies.
9. Review underwriting and decision-making processes for compliance.
10. Review credit risk model outputs, including expected credit loss (ECL) and IFRS9 calculations.
11. Conduct stress testing on the loan portfolio and support the ICAAP process.
12. Assist in regulatory matters and meetings with 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.
• Knowledge of UK regulations (PRA, FCA), including Consumer Duty and Basel 3.1.
• Understanding of banking operations: retail banking, mortgages, SME lending, and related risks.
• Ability to present to and influence senior stakeholders and committees.
• Proficiency in Microsoft Office, especially Excel, Word, and PowerPoint.
• 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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