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Ref: OP06MRC9
Posted: Apr 08
Head of Credit - Challenger Bank
  • Location: London  | 
  • Salary: £120K to £140K  | 
  • Permanent

  • Ref: OP06MRC9
  • Posted: Apr 08
Contact
Miles
07970 513962
Similar
Opportunities
Richmond  |  29K+
North West  |  72K+
London and South East  |  125K+

Head of Credit - Challenger Bank



London



£120,000 to £140,000 per annum plus bonus and benefits 



My client is a substantially-backed, established finance company who are about to become a new challenger bank. The bank will be headed up by a really experienced, high profile and highly rated team of professionals. 



Their strategy for growth is to deploy innovative technology, excellent systems and processes and great people to become a player in the SME lending space - focus being on asset finance, working capital funding, invoice finance, supplier finance and trade finance.



At this critical stage of evolution, they are keen to employ a high profile credit risk professional to lead the credit function and be Subject Matter Extert across the bank.The role reports to to the Chief Risk Officer and includes the following:



- Overseeing and sanctioning larger-value credit applications.

- Creation and maintenance of the credit risk framework including credit policy, credit risk appetite, sector / product focus, credit management, write off policy and process.

- Maintenance of IFRS 9 models, underlying frameworks and supporting process and procedures.

- Credit risk reporting.

- Assurance of credit risk and underwriting standards.

- Responsible for portfolio management.

- ICAAP and stress testing from the credit risk perspective.

- Leadership of credit risk innovation including automation.

- Deputising for the CRO.



We would like to hear from experienced senior credit risk leaders who have managed similar credit risk functions within SME-focussed lending businesses such as from commercial banking or other similar lending business - asset finance, invoice finance and working capital finance would also be considered.



This is a hands on role which will encompass all aspects therefore requires someone who will be very hands on in their approach. Team fit will also be a key element to being successful. 



Please direct all applications and enquiries to Miles Clarke, Director, CBC Resourcing Solutions


Contact
Miles
07970 513962
Similar Opportunities
Richmond  |  29K+
North West  |  72K+
London and South East  |  125K+
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