At a Glance
- Tasks: Manage credit risks and monitor the health of the portfolio for corporate and financial clients.
- Company: Join a leading financial institution with a focus on risk management.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Collaborative team culture with opportunities for growth and learning.
- Why this job: Make a real impact in credit risk management and develop your skills in finance.
- Qualifications: Degree or professional qualification with strong credit risk management experience.
The predicted salary is between 60000 - 75000 £ per year.
Our client is looking for a Credit Risk Manager to support the Deputy Head of Risk to manage the Branch’s credit portfolio including risk identification and post approval monitoring for the portfolio.
Key Responsibilities (but not limited to):
- To provide independent, high quality credit risk monitoring for corporate, financial institution and sovereign counterparties, issuers and clients.
- To monitor the health of the portfolio both from HO requirements as well as industry best practices perspectives.
- To check and coordinate with the RMs that all credit facility parameters are recorded accurately in the Bank’s systems.
- Stage wise monitoring of loan disbursements and associated compliance of terms and conditions/Conditions precedent.
- Regular monitoring of financial covenants and other monitoring conditions.
- To monitor the timely review of ratings and annual/ad-hoc reviews and follow up with first line to ensure compliance.
- To ensure that all credit assets in the Branch are classified in line with the Bank’s Asset Classification Policy.
- To ensure that credit limit breaches/KRI’s are reported in accordance with policy.
- To assist the Deputy Head of Risk in ensuring that all credit risks in the Bank are monitored and controlled effectively, and that the Bank establishes and maintains appropriate credit risk management controls, systems, policies and procedures.
- To monitor news and other market information that indicate material changes in the assessment of the Bank’s credit risks, and to inform the Deputy Head of Risk, Senior Management and the relevant Business Areas.
- Perform administrative duties as Secretary of the Branch Credit Committee.
- To provide support, advice and assistance to all Business Areas on all credit-related matters.
- To ensure all Credit related policies and procedures are updated and fit for purpose.
- Read and understand the Risk Management & Compliance framework (and the policies referenced therein) that are applicable to their work and ensure that their work is carried out in full accordance with those policies and procedures and with a high degree of professionalism and integrity.
- Ensure they are familiar with the appropriate documented procedures applicable to their work.
- Reporting and escalating material risk events, including conduct risk events and conflicts of interest, or losses to the Deputy Head of Risk.
- Ensuring familiarity with the department’s detailed BCM plans.
- Ensuring transactions arranged are in accordance with the Tax Risk Policy and are documented in accordance with the Legal Policy and any applicable departmental procedures.
- Ensuring managing the use of IT systems and of data, particularly personal data, in accordance with the IT Security Policy and the Data Protection Policy and any applicable departmental procedures.
- Ensuring the timely completion of training required by the Bank.
- To ensure policy and processes meet legal and regulatory requirements, identify opportunities to improve the framework and collaborate with the First Line of Defence to implement and embed changes.
- Ad-hoc tasks assigned by the line manager.
Skills, Experience and Qualifications:
- Educated to degree and/or appropriate professional qualification level.
- Strong experience in managing credit risks of all types and experience of implementing credit risk management frameworks.
- A good understanding of a broad range of wholesale banking and treasury products and a strong understanding of the sources of credit risk in such products.
- A good understanding of the UK regulatory framework.
- Excellent communication skills, both written and verbal, in English. Skills in Mandarin would be an advantage.
- Good team skills, in particular the ability to work closely with the Business Areas whilst maintaining independence.
- A desire to take responsibility, show initiative and make decisions.
- An ability to work under pressure.
- An eye for detail.
- Strong problem solving skills.
Credit Risk Manager in Slough employer: Barbara Houghton Associates Limited
As a Credit Risk Manager at our esteemed financial institution, you will thrive in a dynamic work culture that prioritises professional growth and development. We offer competitive benefits, including comprehensive training programmes and opportunities for career advancement, all within a supportive environment that values integrity and collaboration. Located in a vibrant area, our branch fosters a strong sense of community while providing the resources necessary to excel in your role and make a meaningful impact on our credit portfolio.
Contact Details:
Barbara Houghton Associates Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Credit Risk Manager in Slough
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We think you need these skills to ace Credit Risk Manager in Slough
Some tips for your application 🫡
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✨Brush Up on Financial Analysis Skills
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