About the role
The Senior Credit Underwriter is responsible for control and supervision of credit risk activities of Oxbury Bank, including deputising for the Head of Credit when necessary (including underwriting) ensuring, where required, security is correctly held and provide support for compliance matters.
Ensuring that Oxbury lending is conducted on sound commercial and professional principles, which place customers at the heart of its activities and achieves its defined corporate objectives, whilst being underpinned by a framework of prudent and effective controls - enabling risk to be
assessed, managed, and controlled.
Role Responsibilities
* Implement the credit lending strategy of the Bank in line with the Board's risk appetite, credit risk policies, and corporate governance, ensure the Board's expectations for levels of professional conduct and integrity and ethical values are respected throughout Credit Risk, promote good behaviour and setting an example in this regard.
* Maintain robust lending standards and practice, including compliance with all leading industry guidelines and statutory regulations requirements such as customer affordability, PRA/FCA's Statements of Principles, treating customers fairly, anti-money laundering and data protection.
* Work with colleagues to implement Board and Committee decisions whilst making valuable individual contribution as a member of the Oxbury team.
* Exercise a personal sanctioning authority with diligence and care ensuring file records/risk reports include the degree of risk involved in extending credit with clear, concise and rational recommendations for the credit decision and prepare papers for those transactions requiring higher authority decisioning, e.g., a Credit Committee lending decision.
* Review existing transactions periodically to include the evaluation of payment history, purchase activity, credit reference agency reports, security analysis, market / distributor intelligence and prepare recommendations for the renewal of internal credit ratings / facilities.
* Ensure that all transactions presented to risk for pay-out meet the appropriate credit sanction and/or credit limit issued, that all documentation has been obtained, any conditionality satisfied, and any security requirement properly executed and recorded.
* Monitor default activity, and if required, participate in recoveries cases for the Bank, including liaison with appropriate committees and legal advisors in formulating actions to maximise recovery.
* Liaise with sales, sales support, and distributors as necessary to optimise the customer experience.
* Participate in ongoing personal development to deliver on business/personal objectives.
Required Skills / Experience
* Academic background in a numerate discipline or equivalent work experience appropriate to the role.
* SME/Corporate lending/credit risk experience within a Bank or Asset Lender.
* Minimum 5 years Credit Risk/Lending experience with time spent analysing and interpreting financial statements/data from a variety of sources.
* Experience of operating under a tiered mandate structure and holding a lending mandate.
* Good understanding of Credit Risk and Lending in the Banking Industry preferably with knowledge of the Agricultural sector, the various product offerings, types of funding facilities available, and security procedures.
* Understanding of risk appetite and risk management frameworks.
* Good understanding of compliance and banking regulations including Conduct Risk and how to deliver fair customer outcomes.
* Ability to use appropriate Lending systems and knowledge of Credit Reference Agencies products.
* Good Microsoft Word, Excel and reporting skills.
Desirable Skills / Experience
* A self-starter who is motivated, enthusiastic, and proactive with a strong work ethic and a flexible attitude.
* Excellent interpersonal and communication skills with an ability to operate effectively on Committees.
* Inspires respect, trust, and commitment to business objectives with potential leadership and people management skills.
* Seeks to contribute to developing people and supports them to be the best that they can be.
* Ability to develop working relationships with Oxbury colleagues, direct reports, and key stakeholders across the Bank.
* Demonstrates sound business/professional judgement through strength of character, independence of thought, risk awareness, and common sense.
* Highly organised with an attention to detail; works well under pressure, to tight deadlines; can prioritise and manage multiple projects simultaneously.
* Strong analytical skills tempered with a sense of commerciality and business focus.
* Ability to communicate effectively both orally and in writing with all levels of management, regulators, and the Bank's committees.
Alongside this we can offer you:
* A very competitive salary with an excellent benefits package.
* 25 days holiday, plus 8 days bank holiday (this increases with service).
* Oxbury Award (Bonus scheme).
* Free Personal Training session every week.
* Private Medical Healthcare.
* Employee Assistance Programme.
* Life Insurance.
* Enhanced maternity/paternity leave.
* Employee referral scheme.
Please note that we do not offer sponsorship with this role.