Our client, a European Bank is looking to hire a Credit Manager to join their Credit team.
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Job Purpose:
Credit Manager will be a key interface in the creation and delivery of credit products and solutions and will also interact with Second line Risk Management – Credit on a regular basis, quickly ensuring a broad knowledge of risk management policies and the Bank’s lending practices. Credit Specialist will work closely with Branch and Relationship Managers to assess clients’ credit requirements, to manufacture credit solutions that meet those requirements.
Candidates should have UK experience in residential BTL, commercial BTL, Business lending, secured overdraft, complex lending and understanding of regulation and have seen regulated mortgage underwriting as well.
Responsibilities & Accountabilities:
Work closely with Branch/Relationship managers, Risk Management and other key Bank partners in identifying, structuring, analysing, negotiating, documenting, delivering and monitoring credit solutions in addition to the retention of facilities in the existing credit book.
Continuous focus on on-going process improvement to improve efficiencies and the Bank’s ability to compete and win vs our competitors.Implementation of streamlining, automation or otherwise improve existing processes and practices. Particular focus on speed and quality of decision making in credit underwriting process.
Ensure effective collaboration between teams including Branch/Relationship managers and Risk Management.
Management of risk, pricing of transactions and profitability of credit book within geographical target parameters.
Identify and implement opportunities for improved business operations, partnerships and client satisfaction. Ensure continued alignment of the credit portfolio with and risk strategies and the Bank’s risk policies and procedures. Frequently involved in working with other teams within the business to help grow the credit book.
Strong “outside the box” thinker who can work with clients and Branch/Relationship Managers to structure optimum credit solutions within the Bank’s risk appetite and lending parameters. Work with other members of the credit team to help structure transactions and ensure that credit facilities are underwritten to a high standard.
Responsible for all internal credit correspondence originated by their team, including transactions, the ongoing risk analysis of the borrower and the transaction, customer rating assessment and recommendation. Work with internal partners to implement controls and meet monitoring conditions.
Assist with the development of policy and credit products to meet the needs of clients and the business.
Ensure appropriate training and development is undertaken in a timely manner and participate in training for Credit staff.
Demonstrate a good credit underwriting knowledge.
Equal Opportunities:
To be able to demonstrate a commitment to the principles of the Bank’s Equal Opportunities and to be able to carry out duties in accordance with this policy.
Key Competencies:
Consumer Duty
All staff must be aware of and understand the FCA’s requirements regarding Consumer Duty (CD) incorporated in the Bank’s Policy and help the Bank to act in good faith towards customers, avoid causing them foreseeable harm, and enable and support them to pursue their financial objectives.
Fraud Prevention
All management and staff must be alert to the possibility of fraud, ensuring that no action is undertaken on behalf of the Bank or a customer without a clear understanding of the purpose and background to the transaction.
Attention to Detail
Ensures that information is correctly processed, and that work complies with relevant internal/external rules, procedures and regulatory requirements.
Teamwork
Works co-operatively with others; openly exchanging information where appropriate and supporting colleagues to achieve business goals.
Planning and Control
Achieves departmental goals by establishing priorities and managing time efficiently.
Leading others
Builds successful and motivated teams who consistently excel in the achievement of business goals. Commits time and effort to coach others in new processes or techniques, providing honest and constructive feedback.
Making good decisions
Selects the best course of action based on the available information and accepts personal responsibility for the outcome.
Bringing innovation to problem solving
Continuously improves the business by generating new and practical ways of doing things in order to solve problems and gain competitive advantage.
Adapting to change and uncertainty
Improves personal effectiveness in response to changes at work by identifying new learning and self- development opportunities that arise from the change and working towards them.
Training and Competence
Keep up to date with relevant developments in corporate governance, the Banks’ policies, models and Anti-Money Laundering and Counter Terrorism Financing matters by taking annual tests as required.
Complete all mandatory training and internal certification of the Bank.
Self-Motivation
Carry out every task set to the best of your ability, looking for ways to improve performance and standards, setting personal goals at or beyond business expectations.
Making change work
Help the business to introduce changes to structures, processes, products, and services effectively and efficiently by focusing effort and commitment on making the change work.
Experience/Skills/Knowledge:
* CEMAP or equivalent is preferred.
* Minimum of 2 - 5 years credit experience.
* Sound knowledge of general banking, relevant regulatory requirements, the Banking Act and Code of Practice.
* Sound credit judgement.
* A responsible, enthusiastic, self-motivated and flexible approach to work
* A demonstrable ability to work carefully and accurately at all times.
* Knowledge and understanding of relevant risk, compliance and audit standards.
Performance Measures:
* Deep understanding of credit underwriting requirements
* Timely submission of internal & external reports.
* Timely completion of own and departmental work
* Adherence to procedures and regulations
* Contribution to the Bank’s objectives
* Contribution to continuous improvement