At a Glance
- Tasks: Develop and implement credit risk assurance plans while ensuring compliance with lending standards.
- Company: Join a leading bank focused on maintaining high credit quality and risk management.
- Benefits: Attractive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Dynamic role with opportunities to collaborate with key stakeholders and drive improvements.
- Why this job: Make a real impact on credit processes and help shape the bank's risk profile.
- Qualifications: Strong understanding of credit risk in SME markets and experience in compliance.
The predicted salary is between 60000 - 75000 £ per year.
Responsibilities Develop and implement credit risk assurance plans and methodologies.
Provide oversight and document findings on 1LOD’s compliance with credit policy and lending standards, provide clear recommendations to improve credit processes and support mitigation efforts.
Set governance requirements for credit assurance, including business self-assurance for first-line underwriting teams, and provide regular monitoring and reporting across all portfolios.
Provide an integrated view of the bank’s credit risk profile through the development of comprehensive reporting, assessment of credit quality performance, emerging issues and recommending necessary actions.
Liaise with key business stakeholders to support the maintenance of a credit assurance programme that covers thematic reviews, ad-hoc requests on individual files or portfolios and communicating any material issues and/or non-compliance with approval conditions.
Review and set key assurance risk metrics, including but not limited to credit quality at origination and in-life stewardship, governance for use of delegated lending authorities, issue management, policy compliance and implementation.
Provide independent validation of credit quality across the bank’s total portfolio and where required be part of the due diligence team for any potential portfolio acquisition.
Validation activity should assess the financial and operational performance of new and existing business and compliance with regulatory requirements.
Qualifications Deep understanding of credit risk within the SME markets.
Experience
