Head of credit risk

1 week ago


London, United Kingdom Eximius Finance Full time

The role:

  • Risk appetite and reporting - Define and develop appetite and limits in support of the global markets and product portfolio. Develop a comprehensive suite of key risk indicators, to give the management team and board a clear view of credit risk across the business. 
  • Policy and process - Own Credit Policy and ensure it is comprehensive from on-boarding to arrears, forbearance and collections management. 
  • Develop decision tools - Own the decision tools for credit applications and affordability assessment, utilising appropriate credit data and analytical tools. Stay abreast of innovations in credit techniques to ensure the approach taken remains current.  Design and implement new models to support credit risk management.
  • Underwriting - Establish a commercial underwriting operation 
  • Leadership - Develop and hire a "best in class" credit risk function.
  • Regulation - Act as a key point of contact for the regulator 

Skills required:

  • Extensive experience of credit risk management in the banking / financial services sector with deep knowledge of the UK Consumer Credit / Unsecured business loans 
  • A proven track record of managing credit risk through:
    • Retail strategies eg scorecards, acquisition, customer management and collections
    • Modelling techniques eg cut-offs, decision trees, limits, policy rules, risk reward, champion/challenger
    • Wholesale credit risk (underwriting, workout)
    • Automated Lending 
    • Innovation 

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