Credit Risk Oversight Manager

Ref #

9410

Location

Edinburgh

Department

BAR - Financial Risk

Business Area

Financial Risk

Working time

Full-Time

Date Published

Salary – From £44,560 - £66,840 + annual bonus & benefits

Location – Edinburgh – Permanent

Office Attendance - Our roles are hybrid; however, you should be able to travel to your contractual office location 3 days per week for this position.

Closing Date – Applications close 12 th November at 5pm

A chance to thrive

We're looking for a Risk Oversight Manager to join our second line Risk team at Tesco Bank, part of Barclays Bank UK Plc.

Focusing on Collections and Recoveries within Retail Banking. In this role, you'll use advanced analytics to shape and monitor credit risk strategies, helping ensure they're effective, compliant, and aligned with business goals. You'll also provide critical 2nd Line of Defence oversight, ensuring operational teams adhere to regulatory standards and internal policies. This is a high-impact role requiring autonomy, collaboration across functions, and a strong understanding of risk governance.

This is a great time to join and contribute to our growing successes and support our integration with the Barclays Risk teams.

This role will be directly supporting Barclays Risk teams, working alongside a wide range of stakeholders across both Tesco Bank and Barclays.

What you'll be doing

• Support the implementation of a governance framework across Risk, Product, and Operations, ensuring effective second line oversight and escalation of emerging risks.
• Review and assess the completeness of first line operational controls, ensuring adherence to minimum risk requirements.
• Use MI to monitor portfolio performance, identify trends outside appetite, and escalate issues with clear feedback into strategy optimisation.
• Conduct deep-dive analysis into unexpected performance changes, disseminating insights and supporting operational capacity planning.
• Track and enhance end-to-end Collections & Recoveries strategies, including customer treatment frameworks and forbearance reporting.
• Drive continuous improvement through analytics, supporting segmentation and toolkit optimisation across all stages of collections.

We need you to have

• SAS/SQL experience.
• Strong analytical and problem solving skills.
• Strong communication and presentation skills, with ability to articulate complex issues at an intuitive level to a non risk audience.
• Ability to think creatively - to challenge the norm and drive through solutions in the face of challenge.

And if you have any of these, even better

• Good understanding and experience of working in a Retail Credit Risk environment.
• Awareness of Regulatory landscape and requirements governing Risk, specifically BFA.

We don't expect you to tick every box, and if you feel you hit most of the brief, it's worth exploring to further develop your career here with us.

What's in it for you

• Prepare for your retirement with our colleague pension scheme.
• Private Medical Insurance (WL2+) and virtual GP Service 365 days a year.
• Performance related annual bonus.
• Indulge in a generous holiday allowance with a minimum of 7.2 weeks, with the opportunity to buy more.
• Embrace the benefits of our Colleague Clubcard (until March Enjoy a 10% discount that increase to 15% every payday. As an added perk, we'll give you a second card to share with someone else.
• Benefit from our family-oriented initiatives, encompassing enhanced maternity leave pay, a shared parental leave policy, and a generous paid paternity leave.
• A place to get on - take advantage of our ongoing learning opportunities and training, to help you achieve the job and career you want.

Everyone's welcome

We want all our colleagues to always feel welcome and be themselves at Tesco Bank, part of Barclays Bank UK Plc. We're committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day.

We value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger to achieve our goals.

Our colleagues are working hybrid, taking time to meet with colleagues in our offices for moments that matter, such as team catch ups, planning meetings and more.

Whether we're helping our customers or looking after our people, you'll find there's a warmth and friendliness to everything we do.

It means we put your wellbeing first and give you bags of support, training and development, so you can build the career that's right for you. It's about looking after each other with the same care that we give to our customers.

We've created an environment where everyone feels included, accepted and welcome. Which means you can bring your whole self to work every day and totally thrive at the same time.

Lovely.

Say hello to life in Tesco Bank.