BTL Credit Risk Manager

2 days ago


Hertfordshire, United Kingdom Stellar Select Full time
About the Role

We are looking for an experienced BTL Credit Risk Manager to join our team at Stellar Select.

Job Summary: As a BTL Credit Risk Manager, you will be responsible for managing and operating the underwriting team for our Buy-to-Let proposition. You will support the risk function in defining risk policies, procedures, and strategies while developing and managing the underwriting team to capitalize on loan opportunities.

Key Responsibilities:

  • Design, manage, embed, and deliver the credit risk management framework and procedures to ensure best practices in underwriting.
  • Deputise for the Lending operations Director when required.
  • Manage and develop the underwriting team.
  • Ensure Service Level Agreements (SLAs) are maintained and exceeded.
  • Develop and promote clear standards of performance within underwriting that support the company's training and competency policy.
  • Implement training and ensure adequate records of staff training and competence are maintained.
  • System owner of BTL origination platform which includes helping develop effective systems and processes providing specifications and UAT.
  • Mandated to approve high-value loans.
  • Implement effective underwriting controls across all processes and procedures to minimize the risk of error.

Requirements:

  • Extensive experience leading, developing, and managing a team of underwriters.
  • Superb people and communication skills.
  • Takes ownership and responsibility and is results-orientated.
  • Experience gained with a Buy-to-let Lender, ideally a specialist lender.
  • Experienced being a mandated underwriter.

Benefits:

  • Contributory Pension scheme.
  • Private Medical Healthcare.
  • Life Assurance.
  • Dental Plan.
  • Free eye tests.
  • Annual leave purchase scheme.
  • Social events.
  • Refreshments.
  • 25 days annual leave with bank and public holidays on top.
  • Perk box.
  • Superb development opportunities.

Location: Hertfordshire

Salary: £55,000 - £75,000 per annum depending on experience



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