Head of Lending and Risk Management
2 days ago
LendingCrowd is a leading fintech business, transforming the way SMEs borrow money. Founded in 2014, we've grown to become a trusted provider of debt finance to UK SMEs. With a culture of 'doing the right thing,' we strive to make a positive impact on the lives of our customers and employees. Our office is located in central Edinburgh, offering hybrid working arrangements and a vibrant work environment.
The Role
We're looking for an experienced Head of Commercial for Digital and Technology, who will lead our Credit Underwriting function. This role is critical in driving our expansion and embedding our position as a quality provider of debt finance to UK SMEs. Reporting directly to our CEO, you'll be responsible for managing and developing the Credit Underwriting team, ensuring procedures align with our risk appetite and controls.
Responsibilities
Lead the Credit Underwriting function, ensuring procedures align with company risk appetite and controls
Manage and develop the Credit Underwriting team, facilitating training and development
Attend the Executive Credit Committee
Evaluate and ensure compliance with company credit risk appetite
Review and approve Credit Underwriting procedures to ensure alignment with business risk controls
Contribute to process and policy improvements balancing risk and customer service
Making decisions aligned with credit policy for applications within delegated lending authority
Analyse and input financial data into credit risk assessments
Work collaboratively with the team to meet deadlines and SLAs
Support the wider team where necessary, assisting with document drafting and registration
Verify borrowers' product eligibility
Analyse and report Credit function management information
Participate in peer review assurance testing on a monthly basis
Provide ad hoc data analysis as required
Requirements
A proven track record of people management and leadership experience
A drive to deliver high-quality output in a fast-paced environment
Excellent communication and interpersonal skills
Experience working with SMEs in a financial services context
Ability to analyse and interpret financial statements
Direct experience underwriting SME debt proposals under own delegated lending authority
Proven ability to provide input into credit policy development and process improvement
Experience using credit risk models for decision-making purposes
Benefits
We offer a competitive salary range of £85,000 - £110,000 per annum, depending on experience. Additionally, we provide opportunities for further development, including participation in in-house credit analytics and model development, contributing to credit policy and lending parameters, and supporting the CEO with strategic projects. We also sponsor team members through Chartered Banker Institute qualifications.
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