At a Glance
- Tasks: Evaluate lending applications and assess credit risks to support asset growth.
- Company: Join a leading financial institution with a strong risk management team.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Dynamic role with opportunities to engage with senior stakeholders.
- Why this job: Make impactful lending decisions and contribute to a high-quality credit portfolio.
- Qualifications: Degree in Finance or related field with 10 years of credit risk experience.
The predicted salary is between 49500 - 60500 £ per year.
Our client seeks an experienced Credit Manager to join their Risk team.
Role Profile
Assess and evaluate lending applications through robust credit risk assessment, affordability analysis and sound financial principles.
The successful candidate will support asset book growth while ensuring lending decisions remain within the Bank's risk appetite and regulatory framework.
Working closely with business stakeholders and relationship teams, you will provide expert credit guidance, make prudent lending decisions, identify growth opportunities and contribute to maintaining a high-quality credit portfolio.
Responsibilities
- Articulate credit appetite based on risk appetite for sector and give guidance structure of deals and documents (legal and collateral) required.
Undertake quantitative and qualitative financial analysis to develop a comprehensive understanding of counter party risks for new or increased facilities.
Conduct annual risk reviews on the existing portfolio base.
Make timeous, sound and pragmatic recommendations and decisions in managing accounts within portfolio.
- Critically assess valuation assumptions, sustainable cash flows, loan-to-value, debt-service and interest-cover metrics, lease profile, tenant quality, vacancy, break options and marketability.
- Development experience advantageous in the event the mandate is extended to SBO.
Skill-set to include assessment of cost-to-complete, equity contribution, contingency, presales or pre-lets, contractor and developer capability, drawdown controls and quantity surveyor reporting.
- Design or challenge fit-for-purpose security packages, guarantees, cessions, mortgage or other collateral arrangements, intercreditor terms and enforcement priorities.
- Ensure covenants, information undertakings, cure rights, conditions precedent and drawdown controls are measurable and effectively monitored.
Key Skills and Experience
- Degree in Business, Commerce, Finance or a related discipline.
- Approximately 10 years' experience in credit risk management within banking or financial services.
- Strong understanding of corporate credit risk, lending products, derivative products and associated credit documentation.
- Comprehensive knowledge of credit policies, risk frameworks, Basel requirements and applicable regulatory standards.
- Experience engaging with senior client stakeholders, including Managing Directors, Finance Directors and Financial Managers.
- Proven people leadership experience with the ability to develop high-performing teams.
- Strong analytical, decision-making and stakeholder management skills.
Advantageous
- Postgraduate qualification would be advantageous.
- Real estate (ideally UK), property finance or structured lending education.
- #J-18808-Ljbffr
Credit Manager in Douglas employer: Searchandselect
As an Administrator with our client, you will be part of a dynamic team that values collaboration and professional growth. The company fosters a supportive work culture, offering opportunities for training and development while ensuring a meaningful impact on the community through their services. Located in a vibrant area, employees enjoy a balanced work-life environment and the chance to engage with various stakeholders, making it an excellent place for those seeking rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Manager in Douglas
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Searchandselect. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Credit Manager in Douglas
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Searchandselect.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Searchandselect's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Searchandselect
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Searchandselect.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Searchandselect will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Searchandselect employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
