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Head of Credit Risk Management

2 months ago


Manchester, United Kingdom THC Recruitment Ltd Full time
Job Description

**Head of Credit Risk**

We are seeking an experienced and skilled professional to lead our credit risk management function. As the Head of Credit Risk, you will play a pivotal role in shaping our risk management strategy, ensuring the responsible underwriting of loans, and safeguarding the financial health of our firm.

Risk Strategy and Governance

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 executive leadership to communicate risk tolerance and risk appetite across the organisation.

Credit Risk Management

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 the credit risk team to monitor portfolio performance and initiate proactive measures to mitigate credit losses.

Compliance and Regulatory Affairs

Stay abreast of relevant regulatory changes and ensure our lending business is following all applicable laws and regulations. Conduct stress testing and scenario analysis to assess the resilience of our lending portfolio under various economic conditions.

Key Responsibilities

  • Develop and implement risk management strategies and policies
  • Lead the credit risk management function and team
  • Collaborate with executive leadership and other departments to ensure effective risk management
  • Monitor and report on credit risk performance
  • Stay up-to-date with regulatory changes and ensure compliance

Requirements

  • Proven experience in credit risk management and leadership
  • Strong analytical and problem-solving skills
  • Ability to communicate complex risk concepts to non-technical stakeholders
  • Experience with risk-based pricing and credit risk modeling
  • Strong understanding of regulatory requirements and industry best practices

About THC Recruitment Ltd

We are a leading recruitment agency specialising in financial services and risk management. We are committed to providing exceptional service and supporting our clients in finding the best talent for their organisations.