Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead the Credit Department, analyze credit applications, and manage risk portfolios.
- Company: Join a prestigious International Bank based in London, known for its global reach.
- Benefits: Enjoy a full-time role with competitive salary and opportunities for professional growth.
- Why this job: Make impactful decisions in credit management while working in a dynamic banking environment.
- Qualifications: Must have corporate banking credit analysis experience and strong financial skills.
- Other info: Korean language skills are a plus but not mandatory.
The predicted salary is between 60000 - 84000 £ per year.
Our client, a London based International Bank seeks a Credit Officer/Head of Credit.
This will be an on-site role 5 days a week in the office.
JOB FUNCTION
- Establish appropriate credit policies, internal credit approval procedures and credit quality control monitoring.
- Approve, in conjunction with General Manager, all extensions of credit.
- Manage the Credit Department, the main functions of which are to:
- Analyse all credit applications for approval/rejection.
- Administer all credit limits and report any excesses to Management.
- Act as a voting member of the Risk Committee and the Credit Committee.
- Report to the Risk Committee on all aspects of Credit Management and the Branch’s risk portfolio.
- Supervise and ensure departmental staff are adequately trained to perform their functions.
KEY RESPONSIBILITIES
- Approve all extensions of credit as required by the Credit Policies and Procedures, either independently, in conjunction with the General Manager or, when appropriate, as a member of the Credit Committee.
- Ensure the Branch’s risk portfolio is controlled by appropriate limits covering the one-obligor concept as well as geographical and industrial risks.
- Undertake credit reviews as appropriate.
- Keep under review the Credit P&P for recommendations to the Risk Committee on updates or improvements.
- Report to the Risk Committee each month on all relevant aspects of credit management and the Branch’s risk portfolio both verbally and in written form.
- Be aware at all times of all matters that might give rise to credit quality declines of obligors or countries.
- Discuss with appropriate staff all aspects of each item of credit exposure.
- Liaise with Head of Middle Office to ensure that new/amended Head Office regulations, which bear relevance to the Credit Department, are implemented.
- Act as back-up to Credit Analysts and/or Credit Administration Officer as necessary.
ESSENTIAL EXPERIENCE REQUIRED
- Proven experience in Corporate Banking Credit Analysis from a financial institution.
- Aviation, shipping or project finance experience with the ability to analyse and assess credit risks specific to these sectors.
- Strong understanding of financial analysis, Credit structuring, and risk assessment methodologies.
- Familiarity with credit policies, regulatory requirements, and industry best practices.
- Proficiency in using financial modeling tools and credit rating systems.
- Excellent analytical and problem-solving skills.
- Strong written and verbal communication abilities.
- Korean language preferred but not required.
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Other
Industries: Banking, Investment Banking, and Financial Services
#J-18808-Ljbffr
Head of Credit employer: KennedyPearce Consulting
Contact Detail:
KennedyPearce Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Credit
✨Tip Number 1
Make sure to familiarize yourself with the specific credit policies and procedures of the bank. Understanding these will not only help you in interviews but also demonstrate your commitment to aligning with their operational standards.
✨Tip Number 2
Network with professionals in the corporate banking sector, especially those with experience in aviation, shipping, or project finance. Engaging with industry peers can provide insights and potentially lead to referrals.
✨Tip Number 3
Stay updated on current trends and regulatory changes in credit risk management. Being knowledgeable about the latest developments will show that you are proactive and well-informed, which is crucial for a leadership role.
✨Tip Number 4
Prepare to discuss your analytical and problem-solving skills in detail during the interview. Be ready to provide examples of how you've successfully managed credit risks in previous roles, as this will be key to demonstrating your fit for the position.
We think you need these skills to ace Head of Credit
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Head of Credit position. Understand the key responsibilities and essential experience required, so you can tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasize your proven experience in Corporate Banking Credit Analysis, especially if you have specific experience in aviation, shipping, or project finance. Use concrete examples to demonstrate your skills in credit risk assessment.
Showcase Analytical Skills: Since strong analytical and problem-solving skills are crucial for this role, provide examples of how you've successfully analyzed credit applications or managed credit portfolios in your previous positions.
Tailor Your Communication: Given the importance of communication in this role, ensure that your written application is clear, concise, and professional. If you have proficiency in Korean, mention it, as it is preferred for this position.
How to prepare for a job interview at KennedyPearce Consulting
✨Understand Credit Policies and Procedures
Make sure you have a solid grasp of credit policies and internal approval procedures. Be prepared to discuss how you would establish and improve these processes in your role as Head of Credit.
✨Showcase Your Analytical Skills
Highlight your experience in credit analysis, especially in sectors like aviation, shipping, or project finance. Be ready to provide examples of how you've assessed credit risks and made informed decisions based on your analyses.
✨Demonstrate Leadership Experience
Since this role involves managing the Credit Department, be prepared to talk about your leadership style and how you ensure your team is trained and effective. Share specific instances where you've successfully led a team through challenges.
✨Prepare for Risk Management Discussions
As a voting member of the Risk Committee, you should be ready to discuss risk management strategies. Familiarize yourself with the branch's risk portfolio and think about how you would report on credit management aspects to the committee.
