Marks Sattin are proud to be partnered with a leading building society to assist in their search for a Credit risk oversight manager. This leading building society are putting their customers at the heart of what they do, ensuring that their market leading products are at the forefront of their day to day focus. With a big focus on their staff development and constantly embracing innovation and technology to ensure everyone can maximise their potential. As a Risk Oversight Manager, you will act as a subject matter expert on all retail credit risk thematic reviews to support the delivery of the Prudential Risk Oversight Plan. This will cover all stages of the account life cycle (underwriting, on-going account management, collections, and recoveries) as well as the suitability of any 3rd parties engaged (e.g., valuers, intermediaries). Applying technical knowledge to ensure retail credit risk is managed to a high standard and within a robust control framework. Act as an enabler for the business to better understand and manage their risk profile, providing advice and challenge to 1st line risk teams through impactful and highly influential engagement up to Chief Officer levels. About you We are looking for someone who has a demonstrable retail credit risk background with strong stakeholder management and communication skills. Act as a subject matter expert and take the lead to deliver thematic retail credit risk oversight reviews, which provide insightful, accurate and meaningful findings to support the 2LoD Retail Credit Risk Oversight Business Partner in understanding key risks within lending portfolios.Responsible for leading the engagement with key business stakeholders and divisions on thematic reviews. Be highly effective at providing clear advice, challenge, and expertise on a range of complex issues up to Chief Officer level.Contribute to and support the business to act upon the findings from second line thematic reviews to ensure compliance to relevant regulations, Society policy and industry best practice. Support the business in delivering the Retail Lending Strategy and be accountable for ensuring that sufficient action is taken to mitigate risks identified or enhance strategic deliverables.Play a leading role in developing robust oversight practices, identifying new approaches that should be embedded and taking personal ownership for implementing necessary changes to drive forward the capability and effectiveness of the Prudential Risk department.Take the lead in delivering timely analysis on the Society's Retail Credit Risk portfolios to enable robust day to day challenge of 1st line business teams to protect the Society from unexpected financial shocks. About You Demonstrable experience of Retail credit risk management through all stages of the account life cycle (underwriting, on-going account management, collections, and recoveries).Deep understanding of risk management and how this aligns to retail lending.Good awareness of the economic climate and regulatory environment relating to commercial credit risk.Continuous improvement mind set, always looking for ways we can improve our ways of working.Excellent communication skills, in particular in translating technical concepts and facts into clear understandable written reports for commercial and operational colleagues.Strong stakeholder management skills, with the ability to demonstrate your credibility quickly. You will be rewarded with a salary of £65,000 - £70,000 + bonus and bens, with an office presence needed of twice a month. My client operates a flexible working policy giving you the freedom needed to have a great work/life balance.read more
Average Credit Risk salary in the UK
To qualify for this position, applicants must possess the legal right to work in the UK! Hybrid working 3 days in the office (after training period)Competitive SalaryMonday-Friday 37.5 hours25 days holidays + BH Our client is a leading Financial Services Business based in Uttoxeter who provide their service all over the world. They have a full-time Credit Risk Financial Analyst vacancy to work within their Credit Risk Team. The Credit Risk Financial Analyst is responsible for undertaking financial analysis on large existing and prospective customers to support the Sales and Credit Teams in the credit application and assessment process. Duties: Undertake accurate and timely financial analysis on all major credit line customers to support Applications for Facilities (AFFs) through to Underwriters.Undertake meaningful and timely financial analysis on major prospect customers, to help focus the Sales effort.Lead the development of on-going automation of financial analysis - utilising data from Companies House, Credit Reference Agencies, MI and other sources.Develop data sets to show benchmark performance for different customer segments, to improve quality of analysis.Assisting with credit compliance audits, maintenance of records and databases, compliance with credit policy and training requirements Requirements: Recognised accountancy qualification is preferred, will consider newly/part and fully qualifiedPrevious experience working in credit risk, credit vetting, financial risk or a similar role is essentialMust be highly analyticalAttention to detailAbility to work aloneComputer literate Benefits: Elevated Employer PensionHealthcare SchemeDental SchemeSubsidised GymFree Parkingread more
A great new opportunity work for an established and growing mutual provider of mortgages and savings. Reporting to the Deputy CRO, this role will be responsible for production of the Mortgage Portfolio MI, evolving the pack with a particular focus on forward looking MI, business optimisation and achieving the best balance of risk and reward available in the market. Supporting colleagues in implementing suitable solutions to all regulatory initiatives in relation to prudential side of the business. This role is offered on a hybrid basis of 1 or 2 days/week in the office. Responsibilities of the Prudential/Credit Risk Analyst Ensure that Compliance can effectively fulfil its aim of being collaborative, business focussed, providing second line assurance that is helpful, relevant and proportionate.Proactively review relevant websites to capture any changes in regulation or potential changes that should be considered, disseminating information both within the Risk & Compliance Department and to business owners as appropriate.Support the DCRO in second line oversight of ICAAP, ILAAP and Recovery and Resolution Plan.Provide Assurance on the Prudential side of the business, including regulatory reporting, capital, treasury, liquidity and funding.Support the Risk & Compliance Team in ensuring that the Society has an effective control framework. Requirements for the role Professional ExperiencePrudential Risk experience from within a similar organisationMortgage exposureSQL skillsDegree Educated or Risk QualificationResearch skills and attention to detailread more
Top-paying locations for Credit Risk jobs
|Location||Average salary||Salary range||Jobs|
|South West London||£80,000||£80,000 - £80,000||1|
|View Credit Risk salaries in South West London|
|London||£59,750||£50,000 - £97,500||60|
|View Credit Risk salaries in London|
|Birmingham||£45,000||£45,000 - £45,000||1|
|View Credit Risk salaries in Birmingham|
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