Credit Risk Manager | S3 | Corporate Credit Risk – Portfolio Management | Leeds | Internal Mobility

Credit Risk Manager | S3 | Corporate Credit Risk – Portfolio Management | Leeds | Internal Mobility

Country: United Kingdom

IT STARTS HERE

Santander (www.santander.com) is evolving from a global, high-impact brand into a technology-driven organisation, and our people are at the heart of this journey. Together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible.

This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference.

Our mission is to contribute to help more people and businesses prosper. We embrace a robust risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

Retail & Commercial Banking is a global business integrating all our retail and commercial banking activities to better serve our customers, improve efficiency and drive value creation.

THE DIFFERENCE YOU MAKE

The Portfolio Strategy and Credit Appetite team within Corporate Credit Risk is looking for a Credit Risk Manager based out of Leeds.

The Portfolio Strategy and Credit Appetite team is responsible for the following:

• Maintaining key credit risk policies for Corporate and Commercial Banking and Credit Risk Frameworks, ensuring these are aligned to the Credit Risk Appetite.
• Providing subject matter expertise in credit risk policy and governance for stakeholders within CCB Risk and Business areas, while interacting with wide range of teams and senior stakeholders.
• Contributing to the Risk Appetite setting process, Strategic Commercial Plan , 3 year plans, sector strategies and product initiatives working closely with colleagues in Business, Risk (Credit Risk and EWRM) and Group.
• Undertaking analysis of trends related to corporate and commercial portfolios and recommend remedial actions to limit and policies where required.
• Undertaking regulatory and other reporting requirements with accuracy and within agreed defined timeframes

Management of Risk Frameworks and Policies

• Reviewing existing credit risk frameworks and policies in accordance with appropriate approval governance.
• Defining and maintain accuracy and criteria of policies, considering risk appetite and business strategy alongside legal and regulatory requirements.
• Collaborating with relevant stakeholders to build new policies which are fit for purpose and deliver on the bank’s strategy, whilst maintaining risk appetite
• Reviewing and providing constructive feedback on new or revised Group policies and procedures within defined timeframe, implementing where appropriate

Relationship Management

• Providing expertise and guidance to other teams on matters affecting credit risk policy and frameworks and, where relevant, procedures or processes (e.g. sector strategy papers, product initiatives)
• Contributing to infrastructure projects to ‘join up’ data / analysis relevant to the portfolio or Strategic Corporate Plans
• Regular engagement with stakeholders, ensuring constant flow and sharing of information on the portfolio
• Contributing to ‘best in class’ risk practices through collaboration with all key stakeholders both locally and in Group.

We’re shaping the way we work through innovation, cutting-edge technology, collaboration and the freedom to explore new ideas. To succeed in this role, you will be responsible for:

• Managing reviews of credit risk policies and frameworks and ensuring the criteria are aligned to current risk appetite, group/regulatory requirements and bank’s growth strategy.
• Providing support for monitoring portfolio trends, KRIs, emerging risks, economic, legal , regulatory trends that may impact policy requirements and proactively evaluate key risks and future appetite.
• Collaborating with L1 and L2 stakeholders to:
  • Assist in shaping credit risk appetite with suitable limits for portfolios and sectors;
  • Contribute to budget / 3 year plans while providing robust challenge and feedback;
  • Support the Strategic Commercial Plan process to develop strategies which actively manage risk and will allow sustainable growth opportunities
• Providing robust challenge and analysis from a credit risk perspective to sector strategy and product initiatives papers, considering wider risk elements
• Managing key stakeholders across Business and Risk – Directors/Head of Departments, Relationship and Product Teams, Credit Underwriters, EWRM, Finance, Audit, Legal, Compliance, Other Risk areas and Group Portfolio Management.

WHAT YOU’LL BRING

Our people are our greatest strength. Every individual contributes unique perspectives that make us greater as a team and as an organisation. We’re enabling teams to go beyond by valuing who they are and empowering what they bring.

The following requirements represent the knowledge, skills, and abilities essential for success in this role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Professional Experience

• Professional financial qualifications and a relevant degree or some role-based experience. (Required)
• Experience and understanding of the Corporate and Commercial business including credit risk functions, sectors and products. (Required)
• Excellent communication skills, ability to present clearly and concisely with the target audience in mind. (Required)
• Experience in managing senior stakeholders, ability to multi-task and deliver within agreed timelines. (Required)

Soft Skills

• Result oriented – Drives self towards completing team objectives in efficient and effective manner. (Preferred)
• Stakeholder management – Ability to build excellent partnerships with internal stakeholders including Group, to challenge confidently and influence others. (Preferred)
• Managing Change – Ability to generate ideas/alternative solutions to help the team improve processes and governance. (Preferred)
• Commercial Capability - Demonstrates an excellent understanding of the wider financial services industry and the organisation’s business drivers (Preferred)

WE VALUE YOUR IMPACT

At Santander, your contribution matters. We recognise the difference you make every day, and we make sure you feel valued, supported and rewarded in return.
Here, recognition goes beyond pay. It’s about the pride you feel in your work, the impact you have on customers and communities, and the opportunities you have to grow and thrive — personally and professionally.

Salary Range:

£59,200.00 - £88,800.00 per annum (depending on experience)

This salary range represents the expected remuneration for the role. Annual salary is based on a standard 35-hour working week. Actual salary offered will depend on skills, experience, qualifications and location.

• Competitive rewards that reflect the real impact you make and the value you bring.
• Wellbeing that goes beyond work — we work with a range of wellbeing partners across our 4 pillars of wellbeing (physical, mental, social and financial) to give you access to a suite of apps, discounted gym and fitness access, weekly online classes, flexible healthcare and mental health support.
• Support for every life stage — from menopause and pregnancy to parenthood and beyond, with enhanced family leave, childcare options and tailored wellbeing support.
• Time to give back through volunteering opportunities that let you make a difference in the communities we serve.
• Global growth opportunities to shape your career, learn new skills and explore what’s possible across our international network.

Ready to be recognised? It starts with you.

LOCAL COMPLIANCE

At Santander, we’re proud to be an inclusive organisation that provides equal opportunities for everyone — regardless of age, gender, disability, civil status, race, religion or sexual orientation.

We’re committed to creating a recruitment experience that’s accessible, fair and welcoming for all candidates.

We want our people to thrive — at work and at home — while delivering the best outcomes for our customers and supporting each other to grow.

To make this possible, our roles are site-based with a hybrid working pattern, where colleagues are expected to attend the office at least 12 days per month (pro-rata for part-time roles).

When applying, please consider the travel distance, time and cost to your chosen office location(s).

We welcome applications on the understanding that, should you be offered this role, there may be no relocation package available. Santander will pay the employer mandatory government fees that are required to pay in connection with visa sponsorship. You may be liable for your own personal employee immigration and relocation costs.( Only applicable for roles that are eligible for sponsorship)

IMPORTANT INFORMATION FOR INTERNAL APPLICANTS:

PERMANENT ROLES:

• If you are currently employed by Santander UK plc on TSB Legacy terms or by TSB and choose to apply for this Santander vacancy, please be aware that, if successful, you will move onto full Santander terms and conditions of employment and will no longer be part of the TSB Legacy population with effect from the start date of your new role.

WHAT TO DO NEXT

If this sounds like a role you are interested in, then please apply.

For further Guidance please visit Internal Mobility - Candidate Guidance.

If you want to know more about the opportunity:

Please contact: Stuart Poole – stuart.poole@santander.co.uk

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