Risk Management Director

3 weeks ago


Manchester, United Kingdom THC Recruitment Full time
Job Title: Director Credit Risk

THC Recruitment is seeking a highly skilled and experienced Director of Credit Risk to join our team. As a key member of our organization, you will play a pivotal role in shaping our risk management strategy and ensuring the responsible underwriting of loans.

Key Responsibilities:
  • Develop and implement a comprehensive risk management strategy aligned with our business objectives.
  • Establish and enforce risk policies, procedures, and standards to ensure compliance with regulatory requirements and industry best practices.
  • Collaborate with our executive leadership to communicate risk tolerance and risk appetite across the organization.
  • Support our business aspirations for asset growth with a balanced approach to asset quality and risk reward.
  • Ensure that the risks of lending proposals submitted are properly identified, assessed, and mitigated appropriately.
  • Implement and enhance underwriting models, analytics, and decision-making tools to optimize risk-adjusted returns.
  • Develop and maintain credit risk models to assess the creditworthiness of borrowers.
  • Establish risk-based pricing strategies to balance profitability with risk exposure.
  • Collaborate with our credit risk team to monitor portfolio performance and initiate proactive measures to mitigate credit losses.
  • Be accountable for credit decisions and identify signs of stress to minimize our company's exposure to bad and doubtful debt.
  • Proactively review and recommend improvements to credit policy with delivery through continuous scorecard development.
Requirements:
  • Strong analytical skills with a deep understanding of credit profiles and experience in underwriting.
  • Ability to run a team of underwriters and build and maintain complex credit scorecards.
  • Ability to run a risk-based pricing model.
What We Offer:

We offer a competitive salary, benefits, and a dynamic work environment. If you are a motivated and experienced professional looking for a new challenge, please submit your application.


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