Senior Credit Risk Manager

Edinburgh, Midlothian
Change Recruitment

Senior Credit Risk Manager– Credit Sanctioning | Permanent | Edinburgh/Hybrid Working

Change Recruitment are working with an innovative, dynamic Financial Services client who are looking for a Senior Credit Risk Manager for it’s Credit Sanctioning team.

As a direct report of the Head of Credit Risk, your role will be to manage the Credit Risk Sanctioning function in line with the Bank’s risk appetite and the expectations of the PRA/FCA Certification Regime.

You will also consider and provide feedback & recommendations on each lending proposal in accordance with the Bank’s Credit Policy and to sanction/review such proposals within the your delegated authority.

Being a hybrid working model, there will be flexibility to work both from home and the Head Office in Edinburgh

Some of the duties/responsibilities

• Provide support to the Head of Credit in all relevant aspects of Credit Risk Management, and to the day-to-day sanctioning activities within the Credit Risk Team.
• Analyse the credit risks associated with lending proposals and the proposed mitigants, and, where appropriate, sanction proposals within your Delegated Sanction Authority (DSA), and in accordance with the Bank’s Credit Policy and Lending Guide.
• Authorise referrals on ‘non-standard’ aspects of proposals within your DSA.
• Understand, consider and apply an assessment of the risks associated with Climate Change in the use of your DSA.
• Keep up to date with credit risk regulatory requirements and maintain a detailed knowledge of the Bank’s lending products and their inherent credit risks.
• As a subject matter expert, provide in-depth credit risk technical guidance as required to the Head of Credit, the Chief Risk Officer, the EMC, the Board Risk Committee, and other colleagues, as required.
• Recommend to either approve or decline those proposals out with your DSA to the Head of Credit, or via the Head of Credit to the Credit Committee and (as appropriate) to the Board Risk Committee.
• Feedback to Head of Credit on quality of credit proposals from Banking Directors, identifying any potential knowledge or training gaps.
• Work with colleagues in Credit Risk (and the wider Risk) Team to continuously improve processes and procedures, all within the correct change management/governance framework.
• Coach/Mentor colleagues (the Credit Risk Team and Banking Directors) as appropriate.
• Participate/Lead (from time-to-time) in training sessions designed to develop colleagues across the Bank in Credit Risk matters, including the mentoring of colleagues to help them succeed.
• Participate (from time-to-time) in working groups, either within the Credit Risk Team or across the Bank to contribute to the Bank’s success.
• To deputise, as required, for the Head of Credit where appropriate, including as an alternate at Credit Committee in relation to credit proposal decisions.

Ideal skills/experience

• A relevant professional banking qualification such as Chartered Institute of Bankers
• Significant experience in a senior underwriting role, ideally covering personal and non-personal lending, with proven analytical skills and ability to interpret financial accounts to exercise sound and pragmatic judgment when assessing credit proposals.
• Technical specialist and strong ability to apply knowledge of credit risk control systems, processes, reporting and regulatory requirements in relation to Credit Risk.
• Diverse knowledge of the financial, business, economic and property markets.
• Proven ability to inspire a small specialist team and develop talent.

This is an excellent opportunity to grow within a specialist private bank here in Edinburgh who are committed to driving innovation and providing a first-class service to its customers and colleagues

To apply and find out more and receive a full role profile, please contact Scott Maxwell.