At a Glance
- Tasks: Lead credit risk management for debt funds and oversee equity investment applications.
- Company: Join a dynamic financial institution focused on supporting SMEs through innovative funding solutions.
- Benefits: Enjoy hybrid working, flexible hours, and opportunities for professional development.
- Why this job: Make a real impact in the finance sector while collaborating with diverse regional teams.
- Qualifications: Experience in assessing SME credit requests and strong analytical skills required.
- Other info: Part-time options available; occasional travel to regional teams may be necessary.
The predicted salary is between 48000 - 72000 £ per year.
Senior Sanctioner & Portfolio Risk Manager
Job Profile: Senior Sanctioner & Portfolio Risk Manager
Reports to: Head of Risk
Staff Responsibilities: No line management responsibilities. Regular interaction with all regional teams across FSE.
Location: Hybrid with at least 1 day per week in Fleet HO, and occasional travel to FSE regional teams.
Status: 1.0 FTE (part-time may be considered)
Job Description
- Leading on Credit Risk Management for FSE’s debt Funds.
- Responsible for delivery of FSE’s Debt & Equity credit approvals.
- A member of approvers panel for Equity investment applications.
- Working with regional fund teams in the effective monitoring and reporting of the FSE debt and equity portfolios.
- Responsible for early identification of debt default and collaboration in the recovery strategy activity.
- Development & management of key FSE debt/equity risk processes to ensure stakeholder requirements are met.
Principal Accountabilities
Credit Risk Management
- Credit sanctioning (2nd Line of Defence) including being FSE’s representative at debt fund credit committees, plus overseeing the preparation and circulation of relevant papers and minutes, as well as managing governance, process and overview of credit submissions.
- Conduct monthly debt portfolio reviews, overseeing that regional fund teams are receiving monthly financial information from clients, loan repayment schedules are being met, and noting any changes in customers’ risk profile.
- Supporting the orderly handover to the Senior Recoveries Manager on default/recovery cases, which may include checking of borrower and guarantor formal demand correspondence in accordance with relevant protocols.
- Supporting the Business Risk Assurance Manager by acting as cover if required, on the completion of new deal drawdown checks to ensure pre-drawdown risks have been satisfied before release of funds.
- Supporting the debt funds teams with deal forums or early deal discussion queries, to help streamline the progression of funding requests and maximise approval rates at credit committees.
Equity Risk Management
- A member of the sanctioning team at equity fund investment committees, plus overseeing the preparation and circulation of relevant papers and minutes, as well as managing governance, process and overview of equity submissions.
- Conduct quarterly/annual equity portfolio valuation reviews, overseeing the regional fund teams rationale for valuations of individual investments to ensure appropriate reporting to the FCA.
Portfolio Performance
- Responsible for the process of debt customer risk grade reviews by tracking and recording changes in risk profiles at individual customer and portfolio level.
- Overseeing periodic credit training and development of relevant debt funds staff; including sharing of best practice and collating understanding of SME sector and market performance to help inform FSE credit appetite.
Contract Performance
- Input on risk profile information for debt and equity funds’ steering/advisory groups and also periodic stakeholder reporting.
- Input on FSE Credit and Investment Risk for internal board reports as required by the Head of Risk.
- Liaison with regional fund teams, finance and operations functions as required to ensure effective and accurate compliance with the requirements for funds’ stakeholders and also the regulators.
Knowledge, skills and experience
- Experience of assessing SME credit funding requests, including non-asset backed lending (such as mezzanine loans, cashflow-based loans).
- Experience of working in or with credit-risk functions in financial institutions and/or within SME relationship management.
- Strong attention to detail, analytical, communication and presentation skills.
- High level of IT proficiency (Word, PowerPoint, Excel, preferably to include forecast modelling skills).
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Senior Credit Portfolio Risk Manager employer: Vargo Group
Contact Detail:
Vargo Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Credit Portfolio Risk Manager
✨Tip Number 1
Network with professionals in the credit risk management field. Attend industry events or webinars where you can meet people who work in similar roles. This can help you gain insights into the company culture and expectations, which can be invaluable during interviews.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in credit risk management, especially those relevant to SMEs. Being knowledgeable about current market conditions and regulatory changes will demonstrate your commitment and expertise during discussions with the hiring team.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that showcase your skills in credit sanctioning and portfolio management. Highlight instances where you've successfully identified risks or contributed to recovery strategies, as these are key aspects of the role.
✨Tip Number 4
Research StudySmarter's approach to credit risk management and their recent projects. Tailoring your conversation to reflect an understanding of our values and objectives can set you apart from other candidates and show your genuine interest in joining our team.
We think you need these skills to ace Senior Credit Portfolio Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in credit risk management, particularly with SME funding requests. Use specific examples that demonstrate your analytical skills and attention to detail.
Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the Senior Credit Portfolio Risk Manager position. Mention your experience with debt and equity portfolios, and how you can contribute to the company's goals.
Highlight Relevant Skills: Emphasise your IT proficiency, especially in tools like Excel for forecasting and analysis. Mention any experience with credit committees or governance processes, as these are key aspects of the role.
Showcase Communication Abilities: Since the role involves regular interaction with regional teams, highlight your communication and presentation skills. Provide examples of how you've effectively communicated complex information in previous roles.
How to prepare for a job interview at Vargo Group
✨Understand the Role Thoroughly
Make sure you have a solid grasp of the responsibilities outlined in the job description. Familiarise yourself with credit risk management, equity investment applications, and the specific processes mentioned. This will help you answer questions confidently and demonstrate your suitability for the role.
✨Prepare Relevant Examples
Think of specific instances from your past experience where you've successfully managed credit risks or worked with regional teams. Be ready to discuss how you identified risks, collaborated on recovery strategies, or conducted portfolio reviews. Real-life examples will make your answers more compelling.
✨Showcase Your Analytical Skills
Given the emphasis on analytical skills in the job profile, be prepared to discuss how you approach data analysis and decision-making. You might be asked to explain your process for assessing credit funding requests or how you track changes in risk profiles, so have a clear methodology in mind.
✨Ask Insightful Questions
At the end of the interview, take the opportunity to ask thoughtful questions about the company's approach to credit risk management or the challenges they face in the SME sector. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.