Credit Risk Data An

2 weeks ago


St Albans, Hertfordshire, United Kingdom Birchlake Recruitment Full time

If you an experienced credit risk professional with proven leadership experience having worked in an FCA regulated retail environment and you're ready for a new challenge, then please continue reading.......


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We have been instructed to work on behalf of one of our key clients with the appointment of a Head of Credit, which is a certified position under the Senior Management Certified Regime (SMCR).


The role will sit within the first line, responsible for taking a strategic collaborative and proactive approach to managing the Credit Risk team and supporting other areas of the business on risk related subjects such as Lending policies and pricing calculations.

Manage, develop and motivating the Credit Risk team is an essential part of your responsibilities

  • Working with Finance to deliver risk forecasts for both wholesale and retail activities with evidence
  • Ensure both the retail and wholesale Cost of Risk is calculated in line with internal Methodology respecting IFRS9 standards
  • Support and challenge all Operational areas by ensuring the Risk team provide accurate and timely data
  • Liaise with Marketing and the new channels expansion team to validate the risk assumptions on products and packages (both credit risk and asset risk)
  • Attend all Credit Risk related committees actively providing commentary and evidence
  • Provide analysis to auditors as and when required
  • Month end - update all the closure reports including the IFRS9 process and produce analysis in order to meet the deadlines and guide the management decisions in an efficient way
  • Data quality - ensure the data quality behind the reporting produced. Share openly the data quality issues in analysis, raise Jiras (defects, job requests etc.) Ad-hoc analysis - update existing reports or create new ones in order to answer ad-hoc request in the most efficient and accurate way possible
  • Prepare and deliver presentations around credit risk, including regular visios and ad-hoc meeting
  • Ensure procedures and IFRS9 back testing documents are updated where required
  • Develop the team through effective training needs assessments supporting maturity of the Credit team
  • Liaise with stakeholders including the 2nd line of defense locally and centrally covering a variety of topics both on an ad-hoc or ongoing basis, using your expertise to fulfil information requests, reconciliation exercises or reporting needs where necessary
High level of commercial awareness and understanding of strategic direction of company and potential market and economic impacts on risk

  • Expert level of Excel; preferably have knowledge of data management and visulisation tools such as Alteryx or Power BI
  • Experience in the application of models, including new production, portfolio risk segmentation, IFRS9 and Collection to name a few.
This is a hybrid role with highly competitive benefits.
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