At a Glance
- Tasks: Lead a team to assess and approve credit proposals in real estate banking.
- Company: Join a well-established international bank with over 50 years of success across four continents.
- Benefits: Enjoy competitive pay, career growth opportunities, and a dynamic work environment.
- Why this job: Make an impact in credit risk management while working in a diverse and inclusive culture.
- Qualifications: Experience in credit risk and knowledge of UK regulatory environment required.
- Other info: Opportunity to lead a team and influence key credit decisions.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
This well-established international bank, celebrating over five decades of successful operations in key international markets, operates with a strong foundation of traditional values and modern banking practices. With a presence across 11 countries and four continents, it provides a broad range of financial services tailored to corporate, commercial, and personal banking needs. The institution maintains a global footprint through branch offices, subsidiaries, service companies, and representative offices spanning Europe, Asia, Africa, and North America. Its services include FI, capital markets, trade finance, wealth management, Real estate banking, and treasury solutions.
This role reports to the Head of Credit, who in turn reports to the Chief Risk Officer / SMF4.
Responsible for ensuring credit quality at the approval stage, monitoring the ongoing credit dynamics of the credit portfolio at a macro and micro level post sanction and the compliance of credit risk with Group policy and local regulatory guidelines. The jobholder will be able to demonstrate a full understanding of the UK regulatory environment and the principles of secured commercial lending with particular emphasis on the SME segment of the UK market. Responsible for keeping up to date the Bank’s credit approval framework, including establishing the independent credit risk approval process to identify, assess, monitor, measure and control credit risk at the front end application stage; coordinate with all control functions to obtain updates on regulatory and operational changes pertaining to the bank’s credit risk; create KPIs for credit risk portfolio performance and team efficiency and effectiveness; facilitate the development of clearly defined & updated policies & procedures for credit approval; manage key credit reporting internally to UK & Zurich and external reporting to Auditors, regulators and relevant stakeholders; assume responsibility for the timely review of process/products/credit facility applications; provide timely and accurate information to the external and internal auditors and the compliance function as and when required.
Responsibilities:
- Establish structured end to end independent review process for Credit Approval Unit
- Establish key performance metrics for the Credit Approval Unit – relating to Risk Mitigation, Quality & Comprehensiveness of Review & Efficient & Effective Processing of Credit proposals.
- Objectively assess credit proposals, identifying key risk issues and researching a reasoned conclusion. •Approve credit proposals within delegated authority.
- Take ownership of reporting requirements internally and externally in relation to the monitoring of credit facilities.
- To organise and or participate in Credit Committee meetings to review and make recommendations relating toproposals.
- To minute credit decisions in CCC meetings, recommend urgent credit requests to CCC members through circulation, andcommunicate credit decisions to CAD in an efficient and effective way.
- Review credit policies and procedures and update them in line with Group requirements, industry trends, regulatoryrequirements, improved risk management & risk mitigation.
- Provide support to the Head of Credit, including deputising and representing the department at both Country and Global Credit Committees.
- Assess a variety of real estate lending proposals, including commercial and residential buy-to-let (BTL) loans, commercial mortgages, and trade finance facilities.
- Lead and manage the Credit Monitoring Team and the Credit Approval Unit, overseeing a team of six.
- Review and recommend enhancements to credit policies and processes to increase operational efficiency.
- Serve as a voting member of the Country Credit Committee and the Watchlist Committe.
Credit Risk - Team Lead (Real Estate) employer: MARKET TALENT
Contact Detail:
MARKET TALENT Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Risk - Team Lead (Real Estate)
✨Tip Number 1
Familiarise yourself with the UK regulatory environment and secured commercial lending principles, especially for SMEs. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the role's requirements.
✨Tip Number 2
Network with professionals in the credit risk and real estate banking sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within the bank.
✨Tip Number 3
Prepare to discuss your experience in managing teams and overseeing credit approval processes. Be ready to share specific examples of how you've improved efficiency or compliance in previous roles, as this will be crucial for the Team Lead position.
✨Tip Number 4
Research the bank's recent activities and any changes in their credit policies. Being informed about their current strategies and challenges will allow you to tailor your discussions during interviews and show that you're genuinely interested in the role.
We think you need these skills to ace Credit Risk - Team Lead (Real Estate)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Credit Risk - Team Lead position. Tailor your application to highlight relevant experience in credit risk management, particularly in real estate.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience with credit approval processes, risk assessment, and team leadership. Use specific examples that demonstrate your ability to manage credit portfolios and comply with regulatory guidelines.
Showcase Your Knowledge of Regulations: Demonstrate your understanding of the UK regulatory environment and secured commercial lending principles. Mention any relevant qualifications or training that support your expertise in these areas.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also conveys your passion for the role and the banking industry. Make sure to address how you can contribute to the bank's goals and values.
How to prepare for a job interview at MARKET TALENT
✨Understand the Regulatory Landscape
Familiarise yourself with the UK regulatory environment and how it impacts credit risk management. Be prepared to discuss specific regulations and how they relate to secured commercial lending, especially in the SME segment.
✨Demonstrate Leadership Skills
As a Team Lead, showcasing your leadership abilities is crucial. Prepare examples of how you've successfully managed teams, facilitated meetings, and made impactful decisions in previous roles.
✨Showcase Analytical Skills
Be ready to discuss your approach to assessing credit proposals. Highlight your ability to identify key risk issues and provide reasoned conclusions based on thorough research and analysis.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills in real estate lending. Think about past experiences where you had to make quick decisions or recommendations under pressure.