FirstBank UK is a globally recognised, top-tier bank who provide world-class services to various institutions and individuals. Offering a comprehensive range of retail and corporate financial services/products, this thriving business with over 10 million active customers in over 700 business locations is the oldest African bank in the UK. Due to business requirements, we are now looking to acquire the services of an experienced Credit Monitoring Control Manager to provide independent oversight of the Bank's credit risk in the Second Line of Defence.
* Please note that this role is hybrid with 3 days from the office and 2 days working from home.
Key Responsibilities:
* Provide independent Second Line oversight of post‑disbursement credit risk for individual borrowers, ensuring exposures remain within the Bank’s approved Risk appetite.
* Monitor borrower performance by reviewing financial updates, repayment behaviour, operating performance, and other relevant early warning indicators.
* Assess covenant compliance, ensuring breaches or weaknesses are identified, challenged, and escalated promptly.
* Review collateral adequacy and security maintenance, including valuations, expiry dates, insurance coverage, and enforceability.
* Challenge the First Line of Defence’s ongoing borrower monitoring, ensuring that risk ratings, watchlist classifications, and remedial actions are appropriate and evidence‑based.
* Conduct periodic credit file reviews to ensure documentation, approvals, and ongoing monitoring meet policy and regulatory requirements.
* Identify emerging borrower‑specific and portfolio-wide risks and provide timely advice, challenge, and escalation to senior risk management when deterioration is observed.
* Report material borrower issues, covenant breaches, and risk concerns to relevant risk committees and senior stakeholders.
* Contribute to enhancements in post‑lending monitoring frameworks, including improvements to controls, processes, and reporting.
* Inputting and overseeing the credit risk limits and other maintenance on FlexCube.
Key Skills/Experience:
* Extensive experience in credit risk and credit operations management, within a banking or financial services environment.
* Strong background in post‑lending monitoring.
* Proven exposure to the Second Line of Defence or equivalent.
* Experience challenging First Line of Defence assessments.
* Experience working with risk committees and senior management.
* Previous experience or knowledge of Flexcube or similar would be advantageous.
* Strong credit analysis skills with the ability to interpret financial statements, cash flow, borrower performance, and risk indicators.
* Excellent understanding of credit policies, risk appetite frameworks, and control requirements.
* Previous managerial experience/experience managing direct reports.
* Strong competence in analysing risk data & reporting.
* Previous experience, and a sound judgement, in assessing post-loan disbursement risks.
* Strong understanding of risk governance.
* Strong ability to challenge objectively & constructively.
* Strong stakeholder management & engagement skills.
* Excellent organisational skills with a strong attention to detail.
In return we offer a fantastic benefits package including:
* Up to 10% employer pension contribution
* Life Assurance Cover
* Income protection
* Private Medical Insurance plan (upon successful completion of probation period)
* Contribution to glasses/contacts and eye testing
* Gym subsidy (up to £50 per month)
* Cycle to work scheme
* Electric Vehicles (EVs) salary sacrifice
* Employee Assistance Program
* Interest Free season ticket loan for travel
* Birthday Leave
* 25 days annual leave, rising to 28 after 3 years and 30 after 8 years’ service
* Holiday Trading scheme
* Give As You Earn (GAYE)
The Curve Group is First Bank UK’s outsource partner for Recruitment and a \"Data Processor\". The Curve Group will hold the information you submit but First Bank UK will have access to it. You can find their privacy policy here: https://www.thecurvegroup.co.uk/privacy-policy/
First Bank is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, gender reassignment, religion or belief, marital status, or pregnancy and maternity.