International banking group based in central London is strengthening it’s Credit Risk Management Team with the addition of a Credit Risk Manager. This role sits in the 2nd Line of Defence and is tasked with the development and on-going maintenance of the Bank's Credit Risk Management Framework. In that capacity the role holder will play an active role in the analysis and understanding of the credit risks being accepted by the Bank and ensure both Credit Risk Policies are understood and respected. The role holder will also hold a lending authority.

Responsibilities:

• Accountable for the review of quality applications and declined applications.
• Support the continuing development, implementation and maintenance of the Bank's Credit Risk Management Framework, ensuring all credit risk policies are fit for purpose
• Ensure all transactions and processing are in compliance with regulatory rules and guidelines, policies and procedures.
• Keep up to date with current banking legislation and procedures.
• Provide guidance, support and coaching to members on the team to facilitate their development and achievement of their objectives
• Gathering and analysing financial information on the customer creditworthiness and deciding whether to offer credit to the customer (risk assessment)
• Manage and monitor a portfolio of buy-to-let and retail banking loans
• Negotiate repayment plans or instigating legal action if recovery proves difficult (debt recovery or insolvency work).
• Carry out ad-hoc projects for the department 

Skills and Requirements:

• Preferably educated to Degree Level, and/or supported by a relevant professional qualification in Banking or Risk Management
• Experience of credit operations for retail banking products and biuy-to-let loans - ideally circa 10 years
• Background of operating and managing within a control environment and compliance with operating procedures and risk policies
• Experience of monitoring and managing a retail banking and buy-to-let loans
• Previous Credit Risk experience
• Knowledge of relevant credit risk policy frameworks (retail banking and buy-to-let loans) and experience in analysing credit proposals and underwriting
• Experience in bad debt recovery
• Exposure to internal audit in a financial services environment helpful.
• Knowledge of the current regulatory regime applicable to banking institutions
• CeMAP would be highly desirable although not essential

This vacancy is being advertised by Montpellier Resourcing Limited. The services advertised by Montpellier Resourcing Limited are those of an Employment Agency.