Senior Manager of Loans and Risk
2 days ago
Job Description
">The Department for Digital, Culture, Media and Sport (DCMS) created the Culture Recovery Fund (CRF) to help cultural organisations and heritage sites during the COVID-19 pandemic. This Fund included a £254 million loans programme for arts, culture and heritage organisations. Arts Council acts as loan agent for the borrowers in the programme portfolio.
You will be responsible for all aspects of Arts Council's management of the CRF loans portfolio, including overseeing effective loans monitoring processes, reporting to DCMS on the performance of the loans' portfolio, and making recommendations on appropriate action to take on defaulting or at-risk loans.
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- Making informed decisions on loan re-profile recommendations">
- Ensuring performance management, risk and internal controls are in place and used effectively">
Key Responsibilities
">- Oversee the effective loans monitoring process to identify potential risks to loan repayment
- Report to DCMS on the performance of the loans' portfolio on a regular basis
- Make recommendations on suitable action to take on defaulting or at-risk loans
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