Manager - Credit Risk

1 day ago

Leeds, Leeds, United Kingdom National Wealth Fund Full time £70,000 - £80,000

Shape the Future with the National Wealth Fund

At the National Wealth Fund, our mission is to swiftly and effectively mobilise trusted sector insights and investment expertise to unlock billions in private finance for projects across the United Kingdom. Providing £27.8bn of capital and an expanded mandate, we are ready to help the market invest with confidence, continue to drive forward the Government's growth ambitions.

We are looking for skilled and results oriented individuals who are motivated to help us build the National Wealth Fund into an industry-leading institution.

Job Purpose

Location: Hybrid working with a minimum of 3 days per week in the Leeds office

Salary: £70,000 – £80,000

Job Purpose: As our Credit Risk Manager, you'll manage the second line challenge and review of complex bespoke infrastructure transactions with the Fund, providing debt, equity or guarantees to ensure compliance in line with risk appetite.

Core Responsibilities:
  • Second-line review of proposals (Debt, Equity and Guarantees) and maintaining a good balance between return and risk exposure. This includes second-line input into the Early Engagement Committee and Investment Committee.
  • Provide second-line input into the structuring and due diligence process, including assessment of third-party due diligence provided by technical, legal and other advisors, highlighting gaps and opportunities for improvements.
  • Provide second-line oversight and monitoring of the Fund's Credit risks and associated systems and controls, highlighting gaps and opportunities for improvements.
  • Contribute to the development and enhancement of the Credit Risk Management Framework and supporting credit risk policies, standards and procedures.
  • Monitor and test the Fund's credit risk profile relative to its appetite, limits and early warning indicators and escalate issues to the Senior Credit Risk Manager.
  • Contribute to the development, coordination and delivery of credit risk management information and intelligence about developments and prospective credit risks and exposures in the portfolio.
  • Contribute to the delivery of projects, working in matrix teams to deliver joint outputs that are in line with the Financial Crime and Credit Risk frameworks.​​​​​​​
​​​​​​​Required Behaviours, Experience and Technical SkillsExperience and Knowledge
  • Substantial knowledge and experience of credit risk assessment in wholesale banking.
  • Demonstrable experience in infrastructure finance and/or investment banking.
Skills:
  • Strong analytical, presentation and numeracy skills.
  • Possess strong presentation skills.
  • Skilled communicator including strong report-writing skills.
  • Strong attention to detail and well-organized; ability to prioritize, multi-task and work well under pressure.
  • Self-motivated and works well independently; capable of taking initiative without prompting.
  • Strong problem-solving techniques, including the ability to identify, research and resolve unfamiliar issues.
  • The ability to clearly communicate issues with a high level of confidence, maturity and credibility to key stakeholders.

A career with us offers a unique opportunity to make a lasting impact and work on cutting-edge technologies that will drive the UK's future. We value diversity in our people and inclusion is at the heart of what we do.

We offer competitive benefits and unique learning opportunities from combining both private and public sector skills and experience. Please note, referencing and background checks are carried out for all roles here at the National Wealth Fund.

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