Secured Credit Risk Manager

Business Unit: Chief Credit Office

Salary range: £58,400 - £73,000 per annum DOE + red-hot benefits

Location: UK Flexible

Contract type: Permanent

Our Team

The Secured Credit Risk team plays a pivotal role in shaping and maintaining our retail mortgage credit risk strategy and portfolio management. The Secured Portfolio Performance and Insight team, part of the broader Secured Credit Risk team, is responsible for providing comprehensive credit risk reporting, portfolio insights, arrears and loss forecasting.

We are seeking a Credit Risk Manager to join our Secured Portfolio Performance and Insight team. The role holder will be responsible for credit risk reporting and management information, portfolio analysis, insights and recommendations. The role offers the opportunity to influence the mortgage lending business across the credit lifecycle and provide valuable insights to the risk management leadership team, risk committees, and the wider business.

What you’ll be doing

• Leading and managing a high performing team and working collaboratively with stakeholders to deliver impactful credit risk reporting and insights. Coaching team through their development.
• Managing the delivery of deep dive assessments and mortgage credit portfolio insights to understand existing and emerging risks and opportunities and presenting complex findings in an engaging and articulate manner.
• Manage and deliver the development of Credit Risk Appetite Statement metrics aligned to Credit and organisation strategy to ensure safe and sustainable development of the mortgage portfolio.
• Keeping abreast of all external developments and assessing the Bank’s position relative to peers and industry.
• Managing the development and delivery of a quality control capability to ensure all analysis and insight is completed to the highest standard.
• Translating business requirements into analytical tasks and providing guidance for specialists and analysts to perform detailed data analysis utilising SAS and other analytical tools, ensuring robust controls in place to ensure accuracy.
• Identifying and utilising new sources of internal and external data to improve the quality of insights, working with a range of stakeholders to ensure data is understood and used appropriately.
• Leading engagement across both internal and external stakeholders, deputising for senior manager as required. Presenting complex findings and proposals in an engaging and articulate manner.
• Driving a culture of continuous improvement, rationalising processes, improving sophistication and driving automation of a comprehensive suite of credit risk portfolio MI.

We need you to have

• A great working knowledge of management information development and best practice, portfolio assessment and analytical techniques.
• Strong experience within a credit risk environment, with strong technical abilities in SAS and SQL.
• Extensive experience in leading projects, guiding analytical professionals and empowering people through coaching, mentoring and sharing expertise and knowledge.
• An ability to support multiple priorities in a fast-changing environment and prioritise effectively to manage various management team / other stakeholder expectations.
• Proven experience around creating best-in-class efficient and effective reporting suites, driving improvements and efficiencies in a portfolio management setting.
• Extremely effective attention to detail, ensuring analytics produced is accurate and robust.
• A wealth of experience in articulating complex credit risk matters into digestible and actionable insight, with an ability to land a succinct message with senior leaders, using creativity and strong communication skills.
• Strong communication skills, a track record of building trusted relationships with a wide range of stakeholders at all levels and managing challenge and conflict.
• A drive to delve past surface level information and understand trends from first principles.
• Substantial experience in influencing change in a positive and collaborative manner and turning ideas into practical solutions.

It’s a bonus if you have but not essential

• Experience in credit risk portfolio management or strategy.
• Knowledge or experience using AI/ML in portfolio monitoring.
• Technical skills in other data management tools / coding languages used for conducting portfolio analytics, such as Python / R etc.

Red Hot Rewards

• Generous holidays - 38.5 days annual leave (including bank holidays and prorated if part-time) plus the option to buy more.
• Up to five extra paid well-being days per year.
• 20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adopt.
• Market-leading pension.
• Free private medical cover, income protection and life assurance.
• Flexible benefits include Cycle to Work, wellness and health assessments, and critical illness. And there’s no waiting around, you’ll enjoy these benefits from day one.

If you’re successful in securing a role with us, there are some checks you need to complete before starting. These include credit and criminal record checks and three years’ worth of satisfactory references. If the role is part of the Senior Manager Regime and Certification Regime, it requires enhanced pre-employment checks – we’ll ask for six years of regulatory references, and once in the role, you’ll be subject to periodic employment checks.