Head of Credit and Risk Oversight

1 day ago


Manchester, United Kingdom DF Capital Bank Limited Full time
Job Title: Head of Credit and Risk Oversight

At DF Capital Bank Limited, we are seeking a highly skilled Credit Risk Professional to lead our credit risk oversight function. This is a critical role that requires expertise in credit risk management, governance, and regulatory compliance.

We estimate the salary for this position to be around £120,000 - £150,000 per annum, depending on experience.

Job Description:

This role will involve leading the design, development, and implementation of our credit risk management framework, as well as overseeing the ongoing assessment of our lending standards and portfolio management.

You will work closely with our front-line credit team to ensure that our credit risk appetite is aligned with business and risk strategic objectives. You will also be responsible for reviewing large, complex, or high-risk transactions and ensuring that credit risk is appropriately managed and evaluated.

Key Responsibilities:

  • Owning the overall Credit Risk Appetite process in conjunction with the Chief Lending Officer.
  • Formulating and leading the development of the bank's Credit Risk Management Framework.
  • Delivering an effective credit oversight methodology, plan, and capability covering all aspects of credit risk management across the bank.
  • Reviewing large, complex, or high-risk transactions and ensuring credit risk is appropriately managed and evaluated.
  • Overseeing the Retail Asset Finance portfolio and developing arrears performance models.
  • Reviewing credit risk management information and analysis provided by the front-line credit team.
  • Chairing the Oversight Credit Committee and participating in the Transaction Credit Committee.

Requirements:

  • Strong financial services background with in-depth knowledge of the UK SME / Commercial credit industry.
  • Demonstrable knowledge of FCA and PRA regulation and principles for credit risk coupled with an internal control mindset.
  • The ability to present to Executive and Board level committees and build effective relationships with both internal and external stakeholders.
  • Proven ability to negotiate and influence at a senior level.
  • Self-motivated with ability to deliver on business-critical projects.

Benefits:

  • Competitive salary (£120,000 - £150,000 p.a.)
  • Private medical insurance for you and your family
  • 10% Employer pension contribution
  • Life Assurance
  • Income Protection
  • 30-day annual leave entitlement (in addition to public holidays)
  • Discretionary bonus
  • Save As You Earn company share acquisition scheme
  • Gym Membership
  • Company social events
  • 4 days paid Volunteering
  • Tax efficient salary sacrifice schemes to obtain bicycle and electric vehicles


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