At a Glance
- Tasks: Assess and approve lending applications while mentoring a high-performing credit team.
- Company: Dynamic bank with a friendly and flexible culture.
- Benefits: Hybrid working, competitive rewards, and opportunities for career progression.
- Other info: Join a diverse team committed to respect and compassion.
- Why this job: Make impactful lending decisions and drive continuous improvement in a growing organisation.
- Qualifications: Experience in credit decision-making and strong collaboration skills.
The predicted salary is between 60000 - 80000 £ per year.
Let Us Tell You a Bit About The Opportunity
Reporting to the Head of Credit - CRE Risk, you will assess and approve new lending applications, customer reviews, and in‑life lending requests, ensuring decisions align with the bank’s risk appetite, lending policy, and delegated authority framework. As a trusted advisor to the lending teams, you will provide commercial and risk‑based challenge on complex transactions, support strong customer outcomes, and help identify and mitigate conduct and operational risks. You will also mentor colleagues and contribute to a high‑performing credit team.
What will your day look like?
- Assess and sanction new lending proposals, primarily within Commercial Real Estate (CRE), and support Portfolio (Private Rental Sector) lending where required.
- Review and approve annual customer reviews and ad‑hoc in‑life lending requests.
- Provide expert guidance and constructive challenge on complex lending transactions.
- Coach, mentor, and develop colleagues across the Credit team and wider Property & Business Finance division.
- Undertake quality assurance reviews to ensure consistency and excellence in credit decision‑making.
- Contribute to the development and enhancement of lending policies, standards, procedures, and best practices.
- Support the evolution of effective credit risk controls and loss management strategies.
- Represent Credit at key governance forums, including the Large Transaction Credit Committee and business line Credit Forums.
What do we expect from you?
- Proven experience operating under an individual lending mandate, with a strong track record of credit decision‑making.
- Demonstrable success in driving continuous improvement within a credit risk environment, resulting in enhanced application quality, stronger lending decisions, improved acceptance rates, and reduced arrears.
- Experience contributing to and developing high‑performing teams through collaboration, coaching, and knowledge sharing.
- Strong technical expertise in Commercial Real Estate lending, with a deep understanding of the full credit lifecycle and risk management process.
- Knowledge of trading businesses is advantageous, particularly within the Care Home and Hotel sectors.
- Experience with syndicated or club lending transactions would be beneficial.
- A proactive, self‑motivated professional who combines independent thinking with a collaborative team‑focused approach.
What can you expect from us?
- A hybrid working policy, 2 days per week onsite at our Manchester office.
- A friendly and flexible culture.
- A growing organisation with many opportunities to progress.
- A drive for continuous improvement, empowered from day one.
- Competitive rewards, including core benefits and bonus potential.
Equal Employment Opportunity Statement
We welcome people regardless of age, disability, gender identity, marital status, race, faith or belief, sexual orientation, socioeconomic background, pregnancy, or family leave. We are committed to building a working environment that values respect, diversity, and compassion. Please note that we have a thorough referencing process, which includes criminal record checks.
Credit Risk Manager in Manchester employer: Aldermore Bank
Join a dynamic and inclusive team as a Credit Risk Manager in our Manchester office, where you will play a pivotal role in shaping lending decisions and mentoring colleagues. We offer a hybrid working policy, a friendly culture that promotes flexibility, and numerous opportunities for professional growth within a rapidly expanding organisation. With competitive rewards and a commitment to continuous improvement, we ensure that every employee feels valued and empowered from day one.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Risk Manager in Manchester
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Aldermore Bank. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Credit Risk Manager in Manchester
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Aldermore Bank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Aldermore Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Aldermore Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Aldermore Bank.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Aldermore Bank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Aldermore Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
