Credit Manager jobs in United Kingdom
Head of Credit and Country Risk (2nd Line of Defence)
Michael Page (UK)
Head of Credit and Country Risk (2nd Line of Defence)
Page Executive
Director, Credit & Restructuring Tax
Deloitte LLP
Executive Search Consultant - Credit
TalentVolt | Executive Search Group
Discover more opportunities than anywhere else. Find more jobs nowHead of Credit and Country Risk (2nd Line of Defence)
Job summary
A regulated UK bank is seeking a strategic leader for its Credit and Country Risk function. This role focuses on developing robust risk frameworks and analytics to support growth across diverse geographies. Ideal candidates will have a degree in related fields, proven leadership in Credit Risk, and expertise in sovereign risk analysis. The position offers a hybrid working model, a competitive pension scheme, and various employee benefits.
Benefits
Qualifications
- Proven leadership in Credit Risk within banking or financial services.
- Experience in emerging and frontier markets is highly desirable.
- Deep understanding of Credit principles, financial analysis, and regulatory frameworks.
Responsibilities
- Lead the evolution of Credit Risk frameworks and monitor performance.
- Oversee assessments of economic, political, legal, and social factors.
- Develop Country Risk rating models and deliver reports to management.
Skills
Education
About Our Client
A rapidly expanding, regulated UK bank specialising in FX and cross-border payments across emerging and frontier markets. The organisation is transforming how money moves globally by reducing friction, improving reliability, and increasing transparency. Through a combination of deep market relationships and innovative digital capabilities, the bank enables governments, development organisations, fintechs, corporates, and financial institutions to access hard-to-reach markets with speed and confidence.
The Role
This is a strategic leadership opportunity to shape and strengthen the bank's 2nd line of defence Credit and Country Risk function. You\'ll lead the development of robust risk frameworks, tools, and analytics, ensuring a balanced approach to risk and growth as the bank expands across diverse geographies.
- Lead the evolution of Credit Risk frameworks, policies, and processes.
- Own Credit Risk appetite settings and monitor portfolio performance.
- Enhance assessment tools, models, and decisioning processes.
- Drive portfolio analytics to manage risk across products and regions.
- Collaborate with Commercial and Finance teams to align lending decisions with strategy.
- Review and approve complex or high-value credit applications.
- Contribute to strategic and regulatory processes (e.g. IFRS9, ICAAP, ILAAP, Pillar 3, TCFD).
- Provide oversight on assessments of economic, political, legal, and social factors.
- Develop dynamic Country Risk rating models and assessment approaches.
- Deliver regular reports and briefings to senior management and the board.
- Act as an internal expert on macro and sovereign risk.
- Lead and develop a high-performing Credit and Country Risk team.
- Collaborate across Risk, Compliance, and Commercial functions.
- Represent the function in governance forums and risk committees.
- Stay ahead of global trends and best practices in Credit and Country Risk.
- Degree in Economics, Finance, Risk Management or related field; CFA or postgraduate qualification preferred.
- Proven leadership in Credit Risk within banking or financial services.
- Experience in emerging and frontier markets is highly desirable.
- Strong expertise in sovereign/Country Risk analysis.
- Deep understanding of Credit principles, financial analysis, macroeconomics, and regulatory frameworks.
- Track record of navigating market disruptions and escalating risk insights to senior stakeholders.
- Excellent communication, stakeholder management, and decision-making skills.
- Hybrid working model
- Competitive pension scheme (up to 10% employer contribution)
- Life Assurance (4x salary)
- Group Income Protection
- Private Medical Insurance (including Optical, Dental, Audiology)
- Discretionary Bonus
- Generous Annual Leave
- 2 Volunteering Days
- Access to Benefit Hub
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.