Head of Credit Risk & Controls

Exciting Opportunity: Head of Credit Risk & Controls

Leading Financial Services Firm

Location: Milton Keynes (Hybrid)

Job Type: Permanent |

Salary: Circa £100k + Bonus & Benefits

On behalf of our client, a rapidly growing financial services firm specialising in commercial lending and asset finance, we are seeking an experienced Head of Credit Risk & Controls to lead their credit function.

This is a high-impact role where you will shape credit strategy, drive risk excellence, and ensure regulatory compliance while supporting sustainable business growth.

• A trusted name in UK financial services, providing innovative lending solutions to SMEs and corporates.
• Committed to responsible finance, combining agility with robust risk management.
• Tech-forward approach, leveraging data and automation to enhance decision-making.

You will own and evolve the credit management & risk framework, ensuring a balance between growth and risk mitigation.

• Credit Strategy & Leadership; Define and implement the credit risk appetite, policies, and controls.
• Lead the credit team, fostering a risk-aware culture while supporting business objectives.
• Present risk insights to Executives & Board, influencing high-level decisions.
• Risk Management & Controls; Oversee underwriting standards, portfolio monitoring, and early warning systems.
• Ensure compliance with regulatory requirements (e.g., FCA, IFRS 9).
• Optimise credit scoring models and decisioning tools (e.g., AI, machine learning).
• Portfolio Performance & Reporting; Monitor delinquency, defaults, and provisioning, driving corrective actions.
• Deliver MI & stress testing to anticipate emerging risks.
• Enhance collections & recovery strategies to minimise losses.
• Stakeholder Engagement; Partner with Sales, Finance & Risk teams to align credit policies with business goals.
• Manage relationships with external auditors, regulators, and credit bureaus.

Who We're Looking For

• Proven leader in credit risk management (10+ years in financial services).
• Deep expertise in commercial lending, asset finance, or banking.
• Regulatory knowledge (FCA, Basel, IFRS 9) and credit modelling experience.
• Tech-savvy - comfortable with data analytics, automation, and risk systems.
• Strategic mindset with strong commercial acumen.

Why Apply?

• Shape the future of credit risk in a high-growth business.
• Hybrid working in Milton Keynes' thriving financial hub.
• Competitive package with bonus, pension, and career development.
• Confidential Hiring Process - Client details shared upon application.