At a Glance
- Tasks: Lead the development of credit risk policies and manage delinquency risks.
- Company: Join a dynamic Financial Services Group in Portsmouth, Hampshire.
- Benefits: Enjoy strategic support for long-term financial sustainability and innovative work culture.
- Why this job: Make a real impact on financial health while collaborating with diverse stakeholders.
- Qualifications: Experience in credit risk management and strong analytical skills required.
- Other info: Opportunity to implement advanced data analytics and innovative strategies.
The predicted salary is between 48000 - 72000 £ per year.
Financial Services Group based in Portsmouth, Hampshire, has a newly created opportunity for an experienced Credit Risk Manager to undertake responsibility for the development of the credit risk policy for the organisation managing delinquency risks, implementing robust governance and providing strategic support for long-term financial sustainability. What will the Credit Risk Manager role involve? Reporting to the Finance Director, the main responsibilities of the Credit Risk Manager role will include: Recommend actions to reduce delinquency ratios in line with company and group targets; Collaborate with internal and external stakeholders to review and refine underwriting processes, scorecard validation, and portfolio risk assessments; Improve monitoring systems to track key credit risk KPIs, delinquency rates, and customer segmentation, ensuring regular reporting; Take ownership of long-term improvements in the credit risk framework by building more sophisticated tools and systems for monitoring, reporting, and forecasting credit risk; Lead the development of innovative strategies to manage the delinquency position and implement new technologies such as advanced data analytics for credit control; Influence strategic decisions around the underwriting and credit risk policies, making a significant impact on the financial health of the business. Suitable Candidate for t…
Credit Risk Manager employer: CMA Recruitment Group
Contact Detail:
CMA Recruitment Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Risk Manager
✨Tip Number 1
Familiarize yourself with the latest trends in credit risk management and delinquency reduction strategies. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the financial services industry, especially those who specialize in credit risk. Engaging in conversations can provide insights into the company culture and expectations, which can be invaluable during the application process.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully implemented credit risk policies or improved monitoring systems in previous roles. Real-life scenarios can showcase your expertise and problem-solving skills effectively.
✨Tip Number 4
Research the company’s current credit risk framework and identify areas for potential improvement. Being able to articulate your ideas on enhancing their processes will set you apart as a proactive candidate who is ready to contribute from day one.
We think you need these skills to ace Credit Risk Manager
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Credit Risk Manager position. Understand the key responsibilities and required skills, so you can tailor your application to highlight relevant experiences.
Highlight Relevant Experience: In your CV and cover letter, emphasize your previous experience in credit risk management, particularly any achievements related to reducing delinquency ratios or improving credit risk frameworks. Use specific examples to demonstrate your impact.
Showcase Analytical Skills: Since the role involves advanced data analytics, be sure to mention any relevant analytical tools or methodologies you are familiar with. Discuss how you've used data to inform strategic decisions in past roles.
Tailor Your Cover Letter: Craft a personalized cover letter that addresses the specific needs of the organization. Mention how your skills align with their goals for long-term financial sustainability and your ability to collaborate with stakeholders.
How to prepare for a job interview at CMA Recruitment Group
✨Understand the Credit Risk Landscape
Make sure you have a solid grasp of current credit risk trends and challenges in the financial services sector. Be prepared to discuss how these trends could impact the organization and suggest innovative strategies to address them.
✨Showcase Your Analytical Skills
Since the role involves advanced data analytics, come ready to demonstrate your analytical skills. Prepare examples of how you've used data to improve credit risk assessments or reduce delinquency rates in previous roles.
✨Prepare for Stakeholder Collaboration Questions
Expect questions about your experience working with internal and external stakeholders. Think of specific instances where you successfully collaborated to refine underwriting processes or improve credit risk frameworks.
✨Discuss Long-term Strategic Vision
The role emphasizes long-term improvements in credit risk management. Be ready to articulate your vision for developing sophisticated tools and systems that enhance monitoring and reporting, and how these align with the company's strategic goals.