Head of Credit Risk Management

1 month ago


Manchester, United Kingdom THC Recruitment Full time
Job Summary

We are seeking a seasoned professional to lead our credit risk management function. As the Head of Credit Risk Management, you will play a pivotal role in shaping our risk management strategy, ensuring responsible underwriting of loans, and safeguarding the financial health of the firm.

Key Responsibilities:

  • Develop and implement a comprehensive risk management strategy aligned with business objectives.
  • Establish and enforce risk policies, procedures, and standards to ensure compliance with regulatory requirements and industry best practices.
  • Collaborate with executive leadership to communicate risk tolerance and risk appetite across the organization.
  • Support business aspirations for asset growth with a balanced approach to asset quality and risk reward.
  • Ensure risks of lending proposals are properly identified, assessed, and mitigated.
  • Implement and enhance underwriting models, analytics, and decision-making tools to optimize risk-adjusted returns.
  • Develop and maintain credit risk models to assess creditworthiness of borrowers.
  • Establish risk-based pricing strategies to balance profitability with risk exposure.
  • Collaborate with credit risk team to monitor portfolio performance and initiate proactive measures to mitigate credit losses.
  • Be accountable for credit decisions and identify signs of stress to minimize company exposure to bad and doubtful debt.
  • Proactively review and recommend improvements to credit policy with delivery through continuous scorecard development.

Requirements:

  • Strong analytical thinker with deep understanding of credit profiles and underwriting experience.
  • Ability to run a team of underwriters and build and maintain complex credit scorecards.
  • Ability to run a risk-based pricing model.


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