UKC Credit Sanctioning Vice President

Purpose of the role

To assess and approve/decline credit applications based on established credit policies, risk appetite, and regulatory requirement and analysing financial information, evaluating creditworthiness, and recommending credit terms and conditions to ensure responsible lending practices.

Accountabilities

• Analysis of lending  applications, financial statements, credit reports, and other relevant documents to assess the borrower's creditworthiness and repayment capacity. 
• Monitoring the performance of approved lending , identifying potential risks and early warning signs of delinquency. 
• Evaluation of the risk profile of each application considering factors like industry trends, borrower financials, collateral, and market conditions. 
• Provision of independent credit decisions on lending  applications, adhering to established credit policies, risk parameters, and regulatory requirements. 
• Development and implementation of appropriate course of action for troubled lending , including workout plans, restructuring, or collections. 

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department's future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others..
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Join us as a Corporate Credit Risk Sanctioner where you will play a critical role within Barclays' Credit Risk team helping Barclays achieving its strategic goals by managing and evaluating credit risks across a diverse portfolio of UK-based Corporate Bank clients. Your responsibilities will include analysing and approving credit proposals within delegated authority, monitoring industry and portfolio developments, and conducting in-depth financial risk assessments to ensure risk is managed within acceptable limits. You will engage proactively with Business (First Line of Defence) and lead credit processes for complex transactions, sanction under your delegated authority and/or prepare cases for senior sanctioning, and contribute to strategic risk initiatives and projects. This role requires prior experience in sanctioning corporate credit transactions. Strong preference for candidates with experience in project finance.

To be successful as a Corporate Credit Risk Sanctioner you should have experience with:

• Sanctioning Corporate Credit Transactions

• Business and financial risk analysis (balance sheet, P&L and cash flow) of clients including supporting the credit approval process.

• Support in financial modelling or stress testing in support of requests/transactions. 

• Good understanding of risks across a wide range of corporate and investment banking products (e.g. loans, revolving credit, overdraft, trade & working capital

• Good appreciation of transaction structuring and lending products documentation.

• Determining/recommending and monitoring of ratings and other relevant credit parameters.

• Maintaining the respective internal data systems and support internal/external reporting.

• Project management and proficiency on credit risk systems. Best practices and system improvements.

• Case presentation to committees and senior sanctioners where appropriate.

• Good Communication and Stakeholder Management Skills.

• Proactively contributing to strategic initiatives and projects within the risk function.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role is located from our London office.