Risk Manager (Credit)

GB Bank Limited; Greater London; Hybrid; GBP 65,000 - 95,000; Full time

Benefits offered by this job

8% company pension contribution

3% individual pension contribution

25 days holiday

Private medical cover

Death in service at 4x base salary

Mental health support

Enhanced parental leave

Job summary

GB Bank Limited, based in Mayfair, London, is hiring a Credit Risk Specialist to support development, implementation, and maintenance of lending policies. The role partners with the Senior Credit Risk Manager and cross-functional teams to ensure policies align with risk appetite and regulatory expectations.

You will provide subject-matter expertise in credit risk, contribute to policy changes, and oversee risk aspects across regulatory reporting and governance committees.

Qualifications

• Resilient and adaptable in fast-paced changes.
• Excellent written and verbal communication skills.
• Detail oriented with ability to manage multiple priorities.
• Drive to provide high-quality output in a high-performing team.
• Experience in financial services environment.
• Experience writing policies and frameworks.
• Strong problem-solving and collaboration with executives.

Responsibilities

• Support development and continuous improvement of the bank's lending policy.
• Provide input on framework updates or implementation.
• Maintain awareness of key business activities and emerging risks.
• Perform thematic reviews and deep dives.
• Provide oversight of credit risk aspects of regulatory reports and returns.
• Build internal relationships with key functions within the business.
• Attend risk and governance committees as required.
• Perform activities delegated by the Senior Credit Risk Manager.
• Provide ongoing risk input for projects.
• Conduct monthly quality assurance checks on underwriting and end-to-end processes.
• Provide Line 2 advice and challenge to all business areas re risk management.
• Review and challenge departmental process level risk assessments.

Skills

Credit risk knowledge

Policy writing

Stakeholder management

Regulatory reporting oversight

Communication skills

Attention to detail

Financial services experience

Policy development

Job description

About us

Join one of the UK’s fastest growing and award-winning banks.

We are a team of ambitious, passionate, hardworking, and committed people who have successfully created and launched one of the UK’s newest specialist property finance banks. As we embark on an exciting journey of growth, we are seeking exceptional new team members who possess both the ambition and drive to contribute to our vision. At GB Bank, we believe that career progression should not only be achievable but accelerated, enabling our employees to reach their potential in a supportive and dynamic atmosphere.

Our environment is fast-paced and collaborative, where your efforts are recognised, rewarded, and make a tangible impact. We take pride in fostering and open and inclusive culture that not only embraces change but also encourages continuous learning and professional development.

Job Summary

This is a newly formed role in the Credit Risk Team. The Credit Risk Specialist will play a key role in supporting the development, implementation, and ongoing maintenance of the organisation’s Lending Policy. Overall, the role will support the Senior Credit Risk Manager in ensuring frameworks, policies, standards, and procedures remain clear, and aligned to the business’s risk appetite, regulatory expectations, and governance requirements. Working closely with cross-functional stakeholders, you will help provide policy guidance, support effective implementation of framework changes, maintain appropriate controls and documentation, and promote the consistent application of credit risk across the business.

Key areas of responsibility:

Recognised as a subject matter expert in your area, you will be expected to support the Senior Credit Risk Manager, the wider 2nd line team and 1st line teams, with credit risk knowledge.

You will be responsible for:

• Supporting the development and continuous improvement of the banks lending policy
• Provide input and challenge on framework and policy updates or implementation
• Maintaining awareness of key business activities and emerging risks, identifying areas where further second line of oversight / activity may be required.
• Perform thematic reviews and deep dives
• Providing oversight of credit risk aspects of regulatory reports and returns
• Managing and building internal relationships with key functions within the business
• Attending risk and governance committees as required.
• Performing activities as delegated by the Senior Credit Risk Manager
• Provide ongoing risk input and support for projects.
• Perform monthly quality assurance checks on both underwriting and end to end processes
• Providing Line 2 advice & challenge to all business areas re. risk management.
• Conduct reviews and challenge of departmental process level risk assessments.

You should be comfortable working on a wide range of projects in a dynamic environment, and be comfortable providing an opinion, and demonstrating best practice.

A bit about you – You are/have:

• Resilient and an ability to adapt and work in a fast-paced environment of change and ambiguity.
• Excellent written and verbal communication skills.
• Detail oriented and focussed with the ability to manage multiple competing priorities and stakeholders.
• A drive to provide quality output as part of a high-performing team
• Ability to consistently meet deadlines and understand changing priorities throughout the month
• Strong attention to detail is essential.
• Experience of working within a financial services environment
• Experience in writing and implementing policies and frameworks
• Excellent problem-solving skills and attention to detail
• Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and senior executives.

What we can offer you:

• 8% company pension contribution and 3% individual contribution (which you can opt to increase)
• 25 days holiday every year plus bank holidays on top
• Private medical cover with BUPA
• Death in service at 4 x base salary with Aviva
• Mental health support - through a helpline and counselling sessions
• Enhanced maternity, paternity and adoption leave

What else do I need to know?

• Location: Mayfair, London (4+ days in the office)
• Salary: Competitive
• Hours: 35 Hours per week

We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates, regardless of their age, sex, race, disability, sexual orientation, gender reassignment, religion or belief, marital/civil partnership status, or pregnancy and maternity.

At GB Bank, we value privacy and data protection rights. We have longstanding data protection culture and promote robust ethical standards in data management. Please read our Privacy Notice in relation to our recruitment activities before submitting your application to work with us.