Credit Risk Deputy Director, SFS

3 weeks ago

London, United Kingdom Sotheby’s group Full time

Sotheby's offers Sotheby’s Financial Services (“SFS”), the only full-service art financing company. For advisory, we offer services for private collectors, museums, corporations, artists, estates and foundations. SFSenables clients to unlock the liquidity in their fine art and collectible assets through technology and innovation. With the spirit of a fintech startup, the stability of a large established organization, and its position at the center of the art ecosystem, the SFS team unites around the goal of leading the future of art financial services. We have a bold and exciting journey ahead, and we can't wait to make it happen together.

THE ROLE

This individual will work closely with the Head of Risk to provide credit risk oversight across a global, and rapidly expanding, loan portfolio; and enhance risk controls and governance measures to ensure strong loss mitigation. We are actively looking for someone who is motivated to tackle the goal of proactively making SFS safer.

The ideal candidate is a self-starter with exceptional analytical skills and has a strong background in credit risk management and asset-based lending. You should think analytically, build narrative, and synthesize quantitative and qualitative findings. You should be comfortable going against the grain when necessary while still having a solution-oriented mindset and the ability to collaborate cross functionally.

RESPONSIBILITIES

  • Support the Head of Risk in overseeing a holistic risk management framework and implementing enhanced credit risk controls to mitigate risks associated with art & collectibles secured lending (credit, valuation, market, etc).
  • Conduct periodic bottom-up and top-down portfolio reviews to ensure stable portfolio health.
  • Play an integral role in the credit decisioning process by supporting the independent review and challenge of the loan opportunity and ensuring established underwriting credit standards and approval requirements are satisfied.
  • Ensure that escalation measures are prudently and proactively followed for credit deterioration events portfolio and collateral information & concentrations are monitored and reported.
  • Serve as a credit / underwriting mentor and resource for junior staff.
  • Act as an independent last line of defense to ensure that the business is well protected from a risk perspective (particularly underwriting)
  • Ensure timely and accurate reporting of information to the relevant stakeholders
  • Analyze portfolio and macroeconomic data / trends to identify emerging credit risks and identify opportunities for improvement through regular monitoring, reporting and ad-hoc projects to enhance risk framework.

IDEAL EXPERIENCE & COMPETENCIES

  • A bachelor's degree in business, management, accounting, economics, statistics, information science or similar (MBA a plus)
  • 5+ years relevant experience in a top tier risk organization / credit-focused role of a wealth management, consumer or commercial lending business
  • Strong logical and analytical skills, experience with financial modeling, and the ability to use data to make business decisions
  • Proven excellent credit judgment and risk assessment as demonstrated by previous experience in consumer or commercial lending and/or portfolio management strategies
  • High standards, tremendous personal integrity with independent thinking
  • Solid communication skills
  • Ability to think creatively and critically and thrive in a fast-paced dynamic, and often ambiguous work environment
  • A nose and appetite for digging deep, finding nascent risks, and recommending practical mitigation strategies
  • Strong business gravitas, with excellent written and verbal communication skills
#J-18808-Ljbffr

  • Senior Credit Risk Manager

    2 weeks ago

    London, United Kingdom eFinancialCareers Full time

    Senior Credit Risk Manager City of London Permanent £90,000 cer Financial are working alongside a bank who are based in the City of London. They are seeking a Senior Credit Risk Manager to work with them on a permanent basis. In this role you will produce and take responsibility for high quality credit submissions in collaboration with Structured...

  • Credit Risk Officer

    2 days ago

    London, United Kingdom Paritas Recruitment - Risk Full time

    Paritas Recruitment - Risk London, United KingdomPosted 25 minutes ago Hybrid Permanent £50k - £60k - An international bank are currently seeking a Credit Risk Officer to join their London based operations Reporting to the Head of Prudential Risk, the Credit Risk Officer will have responsibility for the oversight of credit risk, advising on all aspects of...

  • Credit Risk

    6 days ago

    London, United Kingdom Paritas Recruitment - Risk Full time

    -Paritas Recruitment - Risk London, United Kingdom Posted 4 hours ago Hybrid Permanent £70k - £125k - A Tier 1 bank are currently seeking Collateral Management specialists (AVP, VP and SVP level) to join a newly established first line Quality Assurance function relating to the management of Wholesale Credit Risk.This Quality Assurance function has been...

  • Securitisation & Financing – Credit Risk (AVP)

    2 weeks ago

    London, United Kingdom Paritas Recruitment - Risk Full time

    Securitisation & Financing – Credit Risk (AVP)   A leading global bank is searching for an AVP level Credit Risk professional to join their London based team.  The role would be suited to someone with Banking and /or Rating Agency experience with Securitisation exposure or Banking Securitisation Credit Risk exposure specifically with ABS, CMBS and RMBS....

  • Credit Risk Analyst – Asset Based Lending

    2 weeks ago

    London, United Kingdom Paritas Recruitment - Risk Full time

    Credit Risk Analyst – Asset Based Lending / Corporate Finance A well-established credit risk team within a European Banking Group in London is recruiting for a Credit Risk Analyst to join their Asset Based Finance team.  Reporting directly to the Head of Credit, you will be responsible for working closely with the business development team in order to...

  • Credit Risk Analyst

    2 weeks ago

    London, United Kingdom eFinancialCareers Full time

    **Role & Responsibilities** - Perform detailed credit analysis and periodic reviews of counterparties, provide independent credit risk recommendations. - Day to day credit risk monitoring responsibilities including, but not limited to, periodic credit risk report production and investigation of out of tolerance metrics using internal or third party tools. -...

  • Credit Risk Contractor

    6 days ago

    London, United Kingdom Hays Full time

    Your new company Hays are recruiting for a Senior Credit Risk Analyst to join a Bank in London for 6 months. This position has been deemed out of scope of IR35 Working alongside the Deputy head of Risk your responsibilities will include; To provide independent, high quality credit risk assessments and recommendations for a range of client types...

  • Counterparty Credit Risk Director

    3 weeks ago

    City of London, Greater London, United Kingdom Michael Page (UK) Full time

    About Our Client This fis a mid sized Investment Bank that has a significant presence in the global market with a diverse employee base working across multiple continents. The company is renowned for its strong emphasis on ethical banking and financial services. Job Description Direct and manage counterparty credit risk activities. Create and...

  • Credit Risk Contractor

    1 week ago

    London, United Kingdom Hays Full time

    Hays are recruiting for a Senior Credit Risk Analyst to join a Bank in London for 6 months. This position has been deemed out of scope of IR35Working alongside the Deputy head of Risk your responsibilities will include; To provide independent, high quality credit risk assessments and recommendations for a range of client types (corporate, financial...

  • Director, Risk, Credit

    Found in: Talent UK C2 - 1 week ago

    London, United Kingdom CDPQ London Full time

    Description Role Reporting to the Vice-President, Risk – Fixed Income and Governance based at the Montréal head office, the incumbent supports the achievement of the Risk Department's business objectives, particularly in the specialized credit portfolio, in collaboration with various CDPQ teams, including the investment and risk teams. As such,...

  • Operations Control

    3 days ago

    London, United Kingdom Credit Suisse Full time

    **Your field of responsibility** An outstanding opportunity to join us in this role: - Review existing risk metrics and targets to ensure risk is being appropriately measured and look to define or develop new metrics/targets as necessary. - Investigate operational incidents and control failures; communicate and monitor identified risk issues and...

  • Credit Portfolio Analyst

    2 days ago

    London, United Kingdom in Newbury Full time

    Ensure timely delivery and accuracy of internal and externalreports. Credit portfolio monitoring and credit portfolioreports. Assist the Head/Deputy Head of Credit Risk withdepartmental projects and tasks. Develop the climate riskassessment scorecards in accordance with regulatory and HO’srequirements Conduct the climate change riskstress-testing and...

  • Credit Financing

    1 day ago

    London, United Kingdom Paritas Recruitment - Risk Full time

    -Paritas Recruitment - Risk London, United Kingdom Posted 8 hours ago Hybrid Permanent £70k - £130k - A Tier 1 bank are currently seeking Credit Risk professionals with demonstrable expertise in Financing and Securitisation (TRS, CLOs, ABS, Prime Brokerage, Hedge Fund Financing, Municipal / Residential Financing) to join a newly established first line...

  • Credit Portfolio Analyst

    2 weeks ago

    London, United Kingdom Kennedy Pearce Full time

    Main Responsibilities and Accountabilities: Ensure timely delivery and accuracy of internal and external reports. Credit portfolio monitoring and credit portfolio reports. Assist the Head/Deputy Head of Credit Risk with departmental projects and tasks. Develop the climate risk assessment scorecards in accordance with regulatory and HO’s requirements...

  • Credit Risk

    4 days ago

    London, United Kingdom Careers In Group Full time

    A Tier 1 bank are currently seeking Credit Risk and Counterparty Credit Risk professionals to join a newly established first line Quality Assurance function relating to the management of Wholesale Credit Risk. Applicants should have experience of working in a Credit Risk or Counterparty Credit Risk focussed role for a major bank. Assurance or internal audit...

  • Associate Director

    3 days ago

    London, United Kingdom WTW Full time

    Associate Director - Credit and Political Risk - London, GB February 07, 2024 The role is for an Associate Director within our Financial Solutions Credit & Political Risk team, based in London. This role will involve working in a team focussing on a broad base of UK and International financial institution and public agency clients. - Liaising with clients...

  • Credit Risk

    6 days ago

    London, United Kingdom Paritas Recruitment - Audit Full time

    -Paritas Recruitment - Audit London, United Kingdom Posted 4 hours ago Hybrid Permanent £70k - £130k - A Tier 1 bank are currently seeking Credit Risk / Counterparty Credit Risk professionals to join a newly established first line Quality Assurance function relating to the management of Wholesale Credit Risk.Applicants should have experience of working in...

  • Credit Portfolio Analyst

    Found in: Talent UK 2A C2 - 3 weeks ago

    London, United Kingdom KennedyPearce Consulting Full time

    A Global bank based in London, currently seek a Mandarin speaking Credit Portfolio Analyst to manage climate change risk, this will include the development of climate change risk, stress-testing and reporting etcCandidates with experience in ESG from a consulting background or ratings agencies are preferredMain Responsibilities and Accountabilities:Ensure...

  • Restructuring Manager Credit Risk

    2 weeks ago

    London, United Kingdom eFinancialCareers Full time

    Responsibilities: - Taking primary responsibility for managing higher risk cases. - Presenting to Credit Committee a concise view/overview of problem loan situations. including file strategy, assessment of options and recommendation. - Taking responsibility for documentation/deal execution. - Carrying out provision assessments on non-performing loan...

  • Credit Risk Analyst

    2 weeks ago

    London, United Kingdom eFinancialCareers Full time

    Maldon Partners are recruiting a Credit Risk Analyst on a permanent basis for a market leading Global Fintech based in the city. The firm has a global reach and is going through a sustained period of growth. The role has been created due to expansion and as a result of a recent promotion within the team **The Role**: Reporting directly into the Credit...