Credit Risk Manager - Permanent Role
Financial Services
London/Remote - 1 day a week in the office
£85,000 to £100,000 per annum + 20% bonus
About the Role: As a Credit Risk Manager specializing in Revolving Lending, you'll play a pivotal role in shaping and executing credit risk strategies for the Credit Cards portfolio. This role encompasses both acquisition and existing customer management, with a focus on driving positive customer and business outcomes. Your responsibilities will include strategy development, implementation, ongoing monitoring, and collaboration with various stakeholders across the organization.
Key Responsibilities:
* Develop and implement a robust credit risk framework, incorporating risk monitoring and feedback processes to ensure sound decision-making aligned with the Group's risk appetite.
* Drive optimization of lending decisions through test and learn initiatives, identifying champion strategies for both new acquisitions and existing customers.
* Explore and integrate new data sources for analysis and decision-making to enhance risk assessment capabilities.
* Influence stakeholders at all levels of the organization to gain buy-in and support for strategic changes as needed.
* Support business growth and portfolio profitability by balancing risk, reward, and responsible lending practices while maintaining credit quality and performance.
* Foster a culture of empowerment and development among colleagues through coaching, mentoring, and knowledge sharing.
Leadership Responsibilities:
* Set a clear strategic vision for the Revolving Lending team, integrating acquisition decisioning and existing customer management into a cohesive function.
* Recruit, develop, and coach team members to ensure a high level of capability, skills, and engagement, fostering a high-performing team environment.
* Define clear objectives to drive individual and team performance aligned with strategic goals.
* Establish an inclusive culture that promotes diversity and proactive risk management through robust control frameworks.
* Share resources to support shared goals and higher priority work, demonstrating pragmatism and support for organizational objectives.
What Will Make You Stand Out:
* Previous experience in Credit Risk, preferably with a focus on Credit Cards across the credit life cycle.
* Demonstrated ability to manage analytical teams, providing strategic direction, prioritizing activities, and maintaining motivation through coaching and development.
* Strong numerical skills with the ability to translate analytical insights into actionable business strategies.
* Excellent communication skills with the ability to convey complex ideas to stakeholders and influence decision-making.
* Proven problem-solving skills with a knack for identifying innovative solutions and opportunities for improvement.
* Stay informed about the latest regulatory and macro-economic developments and trends impacting the credit industry.
* Customer-centric mindset with an understanding of how strategies impact broader customer outcomes.