Credit Risk Manager

17 hours ago


Manchester, United Kingdom THC Recruitment Ltd Full time

{"Risk Management Strategy": "Develop and implement a comprehensive risk management strategy aligned with the business objectives, ensuring the responsible underwriting of loans and safeguarding the financial health of the firm.", "Key Responsibilities": "Lead a dedicated risk management function, collaborate with various departments, and communicate risk tolerance and risk appetite across the organisation. Ensure that the risks of lending proposals submitted are properly identified, assessed and mitigated appropriately.", "Credit Risk Management": "Develop and maintain credit risk models to assess the creditworthiness of borrowers, establish risk-based pricing strategies, and 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 the lending business is following all applicable laws and regulations, conducting stress testing and scenario analysis to assess the resilience of the lending portfolio under various economic conditions.", "Leadership and Team Management": "Provide risk insights and recommendations to support strategic decision-making, train and develop the 1st line team, and manage lending operations, including application processing, customer onboarding, and underwriting.", "Requirements": "Analytical thinker with deep understanding of credit profiles, experienced in underwriting with the ability to run a team of underwriters, ability to build and maintain complex credit scorecards, and ability to run a risk-based pricing model.", "About the Role": "This is a pivotal role in shaping the risk management strategy of the business, ensuring the responsible underwriting of loans and safeguarding the financial health of the firm. The successful candidate will lead a dedicated risk management function and collaborate with various departments to strike a balance between the customer's needs and outcomes, commercial aims and risk mitigation.", "Company Overview": "THC Recruitment Ltd is a leading recruitment agency providing top talent to the financial services industry. We are committed to delivering exceptional service and supporting our clients in achieving their business objectives.", "Contact Information": "For more information about this role, please contact [insert contact information]."}


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