Head of Credit and Country Risk

6 days ago

City Of London England, United Kingdom Page Executive Full time £80,000 - £120,000 per year
  • Leadership. Credit Risk frameworks, policies, and processes.
  • UK regulated bank, FX & cross-border payments in emerging markets. London

About Our Client
A rapidly expanding, regulated UK bank specialising in FX and cross-border payments across emerging and frontier markets. The organisation is transforming how money moves globally by reducing friction, improving reliability, and increasing transparency. Through a combination of deep market relationships and innovative digital capabilities, the bank enables governments, development organisations, fintechs, corporates, and financial institutions to access hard-to-reach markets with speed and confidence.

Job Description
The Role

This is a strategic leadership opportunity to shape and strengthen the bank's 2nd line of defence Credit and Country Risk function. You'll lead the development of robust risk frameworks, tools, and analytics, ensuring a balanced approach to risk and growth as the bank expands across diverse geographies.

Key Responsibilities

Credit Risk Oversight

  • Lead the evolution of Credit Risk frameworks, policies, and processes.
  • Own Credit Risk appetite settings and monitor portfolio performance.
  • Enhance assessment tools, models, and decisioning processes.
  • Drive portfolio analytics to manage risk across products and regions.
  • Collaborate with Commercial and Finance teams to align lending decisions with strategy.
  • Review and approve complex or high-value credit applications.
  • Contribute to strategic and regulatory processes (e.g. IFRS9, ICAAP, ILAAP, Pillar 3, TCFD).

Country Risk Analysis

  • Provide oversight on assessments of economic, political, legal, and social factors.
  • Develop dynamic Country Risk rating models and assessment approaches.
  • Deliver regular reports and briefings to senior management and the board.
  • Act as an internal expert on macro and sovereign risk.

Leadership & Governance

  • Lead and develop a high-performing Credit and Country Risk team.
  • Collaborate across Risk, Compliance, and Commercial functions.
  • Represent the function in governance forums and risk committees.
  • Stay ahead of global trends and best practices in Credit and Country Risk.

The Successful Applicant
Qualifications & Experience

  • Degree in Economics, Finance, Risk Management or related field; CFA or postgraduate qualification preferred.
  • Proven leadership in Credit Risk within banking or financial services.
  • Experience in emerging and frontier markets is highly desirable.
  • Strong expertise in sovereign/Country Risk analysis.
  • Deep understanding of Credit principles, financial analysis, macroeconomics, and regulatory frameworks.
  • Track record of navigating market disruptions and escalating risk insights to senior stakeholders.
  • Excellent communication, stakeholder management, and decision-making skills.

What's on Offer
Benefits

  • Hybrid working model
  • Competitive pension scheme (up to 10% employer contribution)
  • Life Assurance (4x salary)
  • Group Income Protection
  • Private Medical Insurance (including Optical, Dental, Audiology)
  • Discretionary Bonus
  • Generous Annual Leave
  • 2 Volunteering Days
  • Access to Benefit Hub

Contact:
Quote job ref: JN

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