Head of Credit & Underwriting - Asset & Leasing | Up to £150k | London or Manchester | Hybrid wor...

Skillful; Greater London; Hybrid; GBP 120,000 - 150,000; Full time

Job summary

A leading UK lender is seeking a Head of Credit to shape credit decisions and oversee a decentralized team of over 40 underwriters. This senior role provides full ownership of underwriting standards while collaborating with senior management across the organisation. The position offers a competitive salary of £120,000 - £150,000, along with bonuses and benefits. Candidates should have extensive experience in credit management and the ability to guide diverse corporate lending practices.

Benefits

Bonus structure of 10% to 27.5%

Pension

Additional benefits

Qualifications

• Proven experience in a senior credit role within a financial institution.
• Strong leadership capabilities managing a large credit team.
• Expertise in credit decision-making and policy development.

Responsibilities

• Shape credit decisions for the Asset & Leasing business.
• Oversee 40+ underwriters across multiple offices.
• Lead the development of credit policy and oversee quality assurance.

Job description

Job Description

📌 Role :

Head of Credit

📌 Location :

Wimbledon or Manchester – hybrid working (3 days in office)

📌 Salary :

£120,000 - £150,000 + bonus (10% to 27.5%), pension, benefits

This is a big one - a senior Head of Credit role within a specialist UK lender where you’ll shape how credit decisions are made across the whole Asset & Leasing business. It’s a leadership position with real influence, full ownership of underwriting standards and policy, and a chance to work closely with senior people across the organisation.

You’ll oversee a decentralised credit function of 40+ underwriters across multiple offices, supported by senior credit managers, a central underwriting team and an asset audit function. You’ll sit on Credit Committee, and play a central role in how the bank approaches risk, underwriting discipline and portfolio quality.

This isn’t a narrow role. You’ll lead credit across small, medium and large corporate lending, providing judgement, coaching and direction to teams handling everything from straightforward small-ticket deals through to complex structured facilities. You’ll also guide the development of credit policy, oversee QA, support key projects, and help the business understand how credit appetite translates into d...