Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support the Head of Credit, underwrite loans, and mentor a team of credit analysts.
- Company: Join a leading banking client in Central London with a strong reputation.
- Benefits: Enjoy a competitive salary of £80,000 - £90,000 and generous holiday perks.
- Why this job: Be part of a supportive team while making impactful decisions in credit management.
- Qualifications: 5+ years in credit approvals, strong decision-making, and expertise in real estate finance required.
- Other info: Opportunity for career growth and involvement in high-stakes financial assessments.
The predicted salary is between 80000 - 90000 £ per year.
Deputy Head of Credit
Our Central London client in the Banking sector is seeking a Deputy Head of Credit to join as soon as possible with a salary of £80,000 – £90,000 on offer. This role comes with a great perks package including generous holiday.
What does the role entail?
Working as a Deputy Head of Credit your main job roles will be:
- Providing support to the Head of Credit including deputising and presenting to senior management committees.
- Underwriting and credit risk assessment for real estate loans of up to £30 million, including residential and commercial BTL mortgages, Commercial mortgages and bridging/development finance.
- Evaluation and underwriting loan proposals for sector/products such as care homes, hotels, syndication loans, bridging finance, ensuring risks highlighted and mitigation strategies are in place.
- Review and give an independent view of loan applications ensuring compliance with credit policy prior to presentation to credit committee.
- Provide recommendation for updates of lending policies & procedures.
- Guidance and mentorship to credit team (4 credit analysts) ensuring they make sound and timely decisions and follow existing policy.
- Monitor portfolio management of new and existing clients via quarterly and annual reviews.
- Production of credit MI for local group purposes providing in depth loan book analysis.
- Other ad hoc duties assigned from time to time by senior management.
What skills will you have?
The ideal candidate for this role will have:
- A minimum of 5 years experience working in a credit approvals environment.
- Strong decision making essential with detailed rationale provided.
- Prior/current holder of a delegated lending mandate of a minimum £2 million.
- Expertise in underwriting real estate finance, commercial mortgages, Buy-to-let loans, development loans, bridging finance and hotel & care home financing. Also, Syndicated loans experience is preferable but not essential.
- Experience in assessing complex financial statements, cash flow models and credit structures.
- Should have thorough knowledge in various areas of credit administration including process of proposals, credit analysis, security etc.
- Experience in presenting to the credit committee & board committees.
- Regulatory compliance knowledge and understanding of industry best practices.
What is on offer?
This permanent Deputy Head of Credit position is the opportunity to join a supportive but hardworking team. The salary is £80,000 – £90,000 per annum. A great incentive package is also available.
How to apply?
To be considered for this Deputy Head of Credit position please click apply now.
#J-18808-Ljbffr
Deputy Head Of Credit employer: Antony James Recruitment
Contact Detail:
Antony James Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Deputy Head Of Credit
✨Tip Number 1
Make sure to highlight your experience in credit approvals and underwriting real estate finance during the interview. Be prepared to discuss specific cases where you successfully assessed complex financial statements or made significant lending decisions.
✨Tip Number 2
Familiarize yourself with the latest trends and regulations in the banking sector, especially those related to credit risk assessment. This knowledge will help you demonstrate your expertise and commitment to compliance during discussions with senior management.
✨Tip Number 3
Prepare to showcase your leadership skills by discussing how you've mentored or guided teams in the past. Highlight any experiences where you helped your team make sound decisions under pressure, as this is crucial for the Deputy Head of Credit role.
✨Tip Number 4
Practice presenting loan proposals and credit assessments clearly and confidently. Since you'll be presenting to senior management committees, being articulate and persuasive will set you apart from other candidates.
We think you need these skills to ace Deputy Head Of Credit
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in credit approvals, underwriting, and risk assessment. Emphasize your decision-making skills and any delegated lending mandates you've held.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the Deputy Head of Credit role. Discuss your experience with real estate finance and your ability to mentor a team, as well as your understanding of regulatory compliance.
Showcase Relevant Skills: Clearly outline your expertise in assessing complex financial statements and cash flow models. Mention any experience you have with presenting to senior management or credit committees.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no typos or grammatical errors, as attention to detail is crucial in the banking sector.
How to prepare for a job interview at Antony James Recruitment
✨Showcase Your Experience
Make sure to highlight your minimum of 5 years experience in credit approvals. Be prepared to discuss specific examples of underwriting real estate loans and how you've assessed complex financial statements.
✨Demonstrate Decision-Making Skills
Since strong decision-making is essential for this role, come ready to explain your rationale behind past decisions. Use examples that showcase your ability to make sound judgments under pressure.
✨Prepare for Committee Presentations
As the role involves presenting to senior management committees, practice articulating your thoughts clearly and confidently. Prepare a mock presentation on a loan proposal to demonstrate your communication skills.
✨Understand Regulatory Compliance
Brush up on your knowledge of regulatory compliance and industry best practices. Be ready to discuss how you ensure compliance in your previous roles and how you would apply this knowledge in the new position.
