Head of Corporate and Sme Risk

**Details**:
**Reference number**:

- 255839**Salary**:

- £70,000 - £86,000**Job grade**:

- Grade 6**Contract type**:

- Permanent**Business area**:

- UKEF - Risk Management Group - Risk Approval Division**Type of role**:

- Risk Management**Working pattern**:

- Flexible working, Full-time**Number of jobs available**:

- 1Contents

Location

About the job

**Benefits**:
Things you need to know

Location
- Westminster, LondonAbout the job

**Job summary**:
The principal role of the Department is to support UK companies exporting to foreign markets by providing insurance, loans and guarantees against non-payment or non-performance by UK exporters and overseas buyers. To perform its statutory function, UKEF must assume significant credit risks on behalf of UK exporters and indeed overseas buyers of UK exports. Consequently, the financial success of the Department is crucially dependent upon sound credit risk assessment. The Risk Approval Division (‘RAD’) is responsible for providing the counterparty credit and transaction analysis of these deals including probability of default (‘PD’) ratings and loss given default (‘LGD’) assessments on all transactions undertaken by the Department.

RAD’s case work is split into 4 separate teams: a Country Risk Policy Team, the Corporate Risk Team, a Project Finance Team, and a Financial Institutions Team. This role is responsible for the leadership, motivation and management of the Corporate Risk Team within RAD.

**Job description**:
The Head of Corporate and SME Risk role oversees the accurate credit assessment, analysis and due diligence of new and existing corporate exposures that can range from large, listed conglomerates, to small or medium-sized enterprises (‘SMEs’). The role holder has extensive practical knowledge and experience of these areas and is responsible for managing all transactions from start to finish that fall within them. The role holder leads meetings and discussions on complex cases which may include novel features and secured structures - including negotiations with exporters and buyers - and oversees and is ultimately responsible for case work of the analysts within their team.

The role holder is also responsible for the credit risk approval of cases up to and including their delegated authority.

**Person specification**:

- Leading, managing and motivating their team in the production of high quality and timely credit analysis. This may involve complex secured structures and transactions (including novel and unusual features).
- Exercising credit approval - within the terms of delegation. The role also includes the provision of high quality recommendations where delegated authority is exceeded.
- Responsibility and accountability for the ongoing monitoring from a credit risk perspective for the corporate transactions within UKEF.
- Liaising and collaborating with multiple stakeholders - most notably Business Group and external clients at senior levels - but also numerous internal stakeholders including Legal & Compliance, Internal Audit and Product & Policy.
- Taking senior leadership roles within external meetings to ensure that new proposed business is optimally structured and within UKEF’s predetermined risk appetite.
- Ensuring that all submissions to Enterprise Risk & Credit Committee are succinct, well structured, coherent, logical and fit for purpose.
- Identifying and providing solutions to credit training deficiencies both within RAD and UKEF more broadly.
- Deputising for the Head of RAD where appropriate.
- Budget authority as above.
- Developing and monitoring policies to manage credit risk and ensuring the policy suite is aligned with best commercial credit practice.

This list is not exhaustive; the role holder may be required to carry out additional duties according to business need.

**Qualifications**:

- GCSE Maths and English equivalent or above, or good numeracy and written skills
- Evidence of continuing professional development

**Behaviours**:
We'll assess you against these behaviours during the selection process:

- Making Effective Decisions
- Delivering at Pace
- Communicating and Influencing
- Working Together
- Developing Self and Others

**Technical skills**:
We'll assess you against these technical skills during the selection process:

- Technical - a short presentation (this will be on a topic determined by UKEF and will need to be prepared in advance).

**Benefits**:

- Learning and development tailored to your role
- An environment with flexible working options
- A culture encouraging inclusion and diversity
- A Civil Service pension with an average employer contribution of 27%

Things you need to know

**Selection process details**:

- This vacancy is using Success Profiles, and will assess your Behaviours, Ability, Experience and Technical skills.- Experience
- Ability
- Technical
- Behaviours

If you are successful following the sift stage, you will be invited to an initial interview;