Senior Credit Manager, Specialised Finance

The role holder will be responsible for the following:

• Second line of defence responsibilities related to Credit Risk, which involves oversight and challenge of risk management actions from the First Line, including the following:

• The Group’s Enterprise Risk Management Framework ("ERMF") with regards to Credit Risk, which sets out the Group’s approach to risk management and the control framework within which risks are managed and risk-return trade-offs are made. Ensure that the relevant first and second line owners understand and accept their risk management responsibilities.

• Ensure a robust effectiveness review process for the ERMF with regards to Credit Risk, and escalate significant matters and/or gaps in ERMF implementations to senior management and the relevant Board level committees as relevant.

• The Group’s Risk Appetite Framework, with regards to Credit Risk, which sets out the Group’s appetite to material risk types that it is exposed to. As SCM Specialised Finance, monitor compliance to Board approved risk appetite using the risk information report covering principal risk-types Credit Risk; and highlight significant matters to the attention of senior management and senior risk committees.

• Ensure that the quality of the credit portfolio is maintained within acceptable parameters as defined by the Group and Country Risk Appetite statements and relevant Portfolio Underwriting Standards, and that the reporting of information relating to that portfolio is timely and accurate.

• Building a culture of good conduct in the Risk function, embedding the Risk Culture statement carrying out Process Universe related responsibilities as defined in the ERMF.

• Final credit decisions for wholesale lending facilities, within delegated credit authorities, with good turnaround times.

• Identify and escalate other risk matters, as appropriate.

• Partner with the business to deliver strategic aspirations whilst remaining within agreed risk appetite and optimising use of risk capital.

• Ensure global credit policies and procedures are consistently interpreted, understood and applied, and that all deviations are appropriately reported, escalated and approved.

Role holder’s responsibilities do not extend to the following which are the responsibility of the relevant Business CEOs and Leaders:

• Completeness and accuracy of the business credit application and capture of critical information required for credit risk measurement and credit analysis.

Additional Responsibilities

• Awareness and understanding of the Group’s business strategy and model appropriate to the role.

• Assist in the development of business’ plans with the provision of cost and impairment forecasts and a balanced judgement on the external environment.

• Identify, measure and monitor material risk affecting Specialized Finance portfolio in the context of the external market environment.

• Maintain and develop the risk capabilities, and skills to meet ongoing business needs and plans.

• Discharge Process Universe related responsibilities as defined in the ERMF: reviewing, challenging, and providing oversight of the risk profile of the Risk process universe.

• Act as the Credit Risk control owner under the Group’s Risk Management Framework (including relevant Operational Risk Framework ownership for credit risk) and ensure a full understanding of the risk and control environment in area of responsibility.

• Design, maintain and effectively communicate risk control parameters across the Business, including policies, control standards, risk exposure limits and other control levers in order to maintain the risk profile in line with the Group’s risk appetite.

• Obtain assurance regarding the effectiveness of the business controls and compliance with applicable laws & regulations.

• Support Early alert review (EAR) process, ensuring it is adhered to. Assist relationship managers in identifying and managing up or out of accounts exhibiting signs of deterioration and assist Group Special Assets Management, where appropriate, in managing accounts to maximize recoveries and minimize losses.

• Initiate stress tests as required by internal and external factors and review results and assess their implications.

• Ensure that effective management response plans are in place to respond to extreme but plausible scenarios.

• Uphold the integrity of risk/return decisions, by challenging business to demonstrate that risk origination and control decisions are properly informed and consistent with strategy and risk appetite.

• Direct appropriate response to material events or other risk issues that come to the Credit Officer, Specialized Finance’s attention.

• Ensure risk capabilities are objective, consistent and compliant with applicable regulations

• Maintain a good understanding of the requirements of key external stakeholders in respect of risk management and ensure these are well understood internally and reflected in internal procedures.

• Ensure appropriate judgement is applied in the discharge of risk authorities assigned to the jobholder, taking account of concentration risk across sectors, geographies and markets.

• Maintain delegated authorities in line with internal policies.

• Maintain an open and cooperative relationship in dealings with regulators.

• Align the strategy of the Risk function with business strategy and risk appetite and oversee its execution.

• Co-ordinate local resources to ensure that:

• Quality of credit review is consistent.

• standards of professionalism are upheld.

• systems are installed in accordance with Group standard. Provide a reference point for collating and passing on to Group Technology and Operations problems and proposed enhancements. Ensure that new users are trained on all credit systems.

• Ensure that the quality of Business Credit Applications (BCAs) meets Group standards, particularly with regards to the completeness and depth of risk analysis.

• Market Knowledge: Substantial experience at the highest level in the banking industry, including demonstrated success in similar role within the same product / business area.

• Business Strategy and Model: Sharp business acumen (including ability to assess risk and appropriate levels of return), strong leadership qualities, excellent interpersonal skills and multi-cultural awareness and sensitivity.

• Risk Management and Control: Demonstrated track record in successful management and ability to manage risk in geographically dispersed and highly varied product base. Expertise in process design and control.

• Regulatory Framework and Requirements: Awareness and understanding of regulatory framework in which the bank operates, and the regulatory requirements and expectations relevant to the role.

• Non-technical Skills: Significant relationship management experience – with external stakeholders at the most senior levels, including regulators and rating agencies.

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.

• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.

• Flexible working options based around home and office locations, with flexible working patterns.

• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits

• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.

• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies – everyone feels respected and can realise their full potential.