Credit Risk Manager

An exciting opportunity has arisen for a Credit Risk Manager to join a prestigious foreign bank based in the heart of Central London. This is an office-based role offering salary £75,000 and benefits.

As a Credit Risk Manager, you will be reporting directly to the Head of Risk Management and Regulatory Compliance, this role will provide essential support to customer-facing ‘first line’ business roles and collaborate with the Bank’s risk committees, including the Management Credit Committee (MCC) and the Board Credit Committee (BCC).

Key Responsibilities:

• Analyse mortgage and loan applications, assessing creditworthiness, financial background, and ability to repay.
• Appraise loan/mortgage product types, terms, conditions, pricing, and required covenants.
• Support customer relationship managers to ensure excellent service, prompt decisions, and clear communication of terms.
• Monitor, control, and report on loan portfolio performance, identifying trends and improving the credit risk profile.
• Prepare and present regular credit risk reports and management information.
• Maintain and update the bank’s credit risk policies in line with market conditions and the bank’s objectives.
• Monitor loan arrears, gather relevant information, and provide regular reports.
• Manage mortgage broker selection and oversight policies.
• Review underwriting and decision-making processes to ensure compliance with loan conditions.
• Review and assure credit risk model outputs, such as expected credit loss (ECL) and IFRS9 calculations.
• Conduct stress testing on the loan portfolio and support the bank’s ICAAP process.
• Assist the Head of Risk Management and Regulatory Compliance and executives in regulatory matters and meetings.

Key Experience:

• Previously worked as a Credit Risk Manager, Credit Risk Analyst, Credit Risk Officer or in a similar role.
• Background in credit risk management within a UK-regulated financial services setting
• Solid knowledge of UK regulations (PRA, FCA), including Consumer Duty and Basel 3.1
• Solid understanding of banking operations, including retail banking, mortgages, SME lending, and associated risks and regulations.
• Confident presenting to and influencing senior stakeholders and committees
• Skilled in Microsoft Office, particularly Excel, Word, and PowerPoint
• Good understanding of financial services processes, procedures, and controls.

Apply now for this exceptional Credit Risk Manager opportunity to work with a dynamic team and further enhance your career.

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