Head of Credit Risk IT

Head of Credit Risk IT

Full-Time 100000 - 110000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the development of tech solutions for credit risk management and oversee a high-performing team.
  • Company: Join a prestigious banking organisation in the heart of London, known for innovation and excellence.
  • Benefits: Enjoy hybrid working with a competitive salary and annual discretionary bonus.
  • Why this job: Be at the forefront of credit risk technology, driving innovation and making a real impact.
  • Qualifications: 10+ years in credit risk IT, strong leadership skills, and experience with advanced analytics required.
  • Other info: Must be within commuting distance to London for 3 days a week in-office work.

The predicted salary is between 100000 - 110000 £ per year.

City of London (Hybrid) £125,000 - £135,000 per annum + annual discretionary bonus

On behalf of a prestigious City based banking organisation, I have an exciting opportunity for a Head of Credit Risk IT to join a newly formed but growing team. The Head of Credit Risk IT leads the development, implementation, and management of technology solutions for credit risk management. This role oversees credit risk models, ensures data integrity, and provides strategic direction to enhance credit risk processes.

The company offers hybrid working but you must be willing to commit to a non-negatable 3 days per week in their City of London offices and therefore must be within easy commutable distance to London.

Responsibilities:

  • Develop and execute the Credit Risk IT technology strategy.
  • Provide visionary leadership and foster a culture of innovation.
  • Oversee the design and implementation of credit risk models and systems.
  • Integrate advanced analytics and machine learning techniques.
  • Ensure the accuracy and reliability of credit risk data.
  • Maintain and enhance credit risk databases.
  • Develop comprehensive credit risk reporting frameworks.
  • Provide timely and accurate risk reports.
  • Ensure compliance with regulatory requirements.
  • Adapt to regulatory changes.
  • Lead and develop a high-performing Credit Risk IT team.
  • Manage resource allocation and project prioritization.
  • Collaborate with Risk Management, Finance, and Operations.
  • Act as a liaison between IT and business stakeholders.
  • Manage the Credit Risk IT budget.
  • Oversee vendor relationships and contracts.
  • Drive continuous improvement initiatives.
  • Monitor industry trends and best practices.

Skills/Experience required:

  • Minimum of 10 years in credit risk management with a focus on IT solutions.
  • Proven senior leadership experience in a financial services environment is essential.
  • Experience in developing and implementing credit risk models - preferably using FIS Adaptiv or Murex (alternatives potentially considered based on experience).
  • Proficiency in advanced analytics and data management technologies - preferably using Java.
  • Ability to lead and manage high-performing teams.
  • Experience in strategic planning and execution.
  • Experience in managing large-scale IT projects.
  • Strong project management skills.
  • Excellent communication skills.
  • Proven ability to collaborate across departments.
  • CFA, FRM, PRM, PMP, ITIL certifications are advantageous.

Head of Credit Risk IT employer: Spencer Rose

As a prestigious banking organisation located in the heart of the City of London, we pride ourselves on being an exceptional employer that fosters a culture of innovation and collaboration. Our hybrid working model allows for flexibility while ensuring that our employees benefit from the vibrant atmosphere of our London offices three days a week. We are committed to employee growth, offering numerous opportunities for professional development and leadership within a high-performing team dedicated to advancing credit risk technology solutions.
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Contact Detail:

Spencer Rose Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Credit Risk IT

✨Tip Number 1

Network with professionals in the financial services sector, especially those involved in credit risk management. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in credit risk IT.

✨Tip Number 2

Familiarise yourself with the specific technologies mentioned in the job description, such as FIS Adaptiv or Murex. Consider taking online courses or certifications that can enhance your knowledge and demonstrate your commitment to staying current in the field.

✨Tip Number 3

Prepare to discuss your leadership style and experiences in managing high-performing teams. Think of specific examples where you successfully led projects or initiatives that improved credit risk processes or technology solutions.

✨Tip Number 4

Research the company’s recent developments and their approach to credit risk management. Being knowledgeable about their strategies and challenges will help you tailor your discussions during interviews and show your genuine interest in the role.

We think you need these skills to ace Head of Credit Risk IT

Credit Risk Management
IT Solutions Development
Leadership Skills
Advanced Analytics
Machine Learning Techniques
Data Integrity Management
Credit Risk Modelling
FIS Adaptiv or Murex Experience
Java Proficiency
Strategic Planning
Project Management
Cross-Department Collaboration
Communication Skills
Budget Management
Vendor Relationship Management
CFA, FRM, PRM, PMP, ITIL Certifications

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in credit risk management and IT solutions. Emphasise your leadership roles and any specific projects that align with the responsibilities listed in the job description.

Craft a Compelling Cover Letter: In your cover letter, express your passion for credit risk management and technology. Discuss how your vision aligns with the company's goals and how you can contribute to their innovative culture.

Highlight Relevant Skills: Clearly outline your proficiency in advanced analytics, data management technologies, and any relevant certifications like CFA or PMP. This will demonstrate your capability to lead the Credit Risk IT team effectively.

Showcase Leadership Experience: Provide examples of your senior leadership experience in financial services. Detail how you've successfully managed teams and large-scale IT projects, as this is crucial for the role.

How to prepare for a job interview at Spencer Rose

✨Showcase Your Leadership Experience

As a Head of Credit Risk IT, demonstrating your senior leadership experience is crucial. Prepare specific examples of how you've led teams in the past, focusing on your ability to foster innovation and drive results in a financial services environment.

✨Highlight Technical Proficiency

Make sure to discuss your experience with credit risk models and data management technologies. If you've worked with FIS Adaptiv or Murex, be ready to explain your role in those projects and how you integrated advanced analytics into your solutions.

✨Prepare for Strategic Discussions

Expect questions about strategic planning and execution. Be prepared to discuss how you've developed and executed technology strategies in previous roles, and how you plan to adapt to regulatory changes in the credit risk landscape.

✨Demonstrate Collaboration Skills

Collaboration is key in this role. Prepare to share examples of how you've successfully worked with various departments, such as Risk Management and Finance, to achieve common goals. Highlight your communication skills and ability to act as a liaison between IT and business stakeholders.

Head of Credit Risk IT
Spencer Rose
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