Credit Risk Manager

apartmentAdditional Resources placeLondon descriptionPermanent calendar_month 
Job Opportunity: Credit Risk Manager An exciting opportunity has arisen for a Credit Risk Manager to join a prestigious foreign bank based in Central London. This is an office-based role offering a salary of £75,000 and benefits.As a Credit Risk Manager, you will report directly to the Head of Risk Management and Regulatory Compliance.

Your role will support customer-facing /first line/ business functions and collaborate with the bank/s risk committees, including the Management Credit Committee (MCC) and the Board Credit Committee (BCC). Key Responsibilities: Analyze mortgage and loan applications to assess creditworthiness, financial background, and repayment ability.Evaluate loan/mortgage products, terms, conditions, pricing, and covenants.Support customer relationship managers to ensure excellent service, prompt decisions, and clear communication of terms.Monitor and report on loan portfolio performance, identify trends, and improve the credit risk profile.Prepare and present credit risk reports and management information regularly.Maintain and update credit risk policies in line with market conditions and the bank/s objectives.Monitor loan arrears, gather relevant information, and generate regular reports.Manage mortgage broker selection and oversight policies.Review underwriting and decision-making processes for compliance with loan conditions.Review credit risk model outputs, including expected credit loss (ECL) and IFRS9 calculations.Conduct stress testing on the loan portfolio and support the ICAAP process.Assist in regulatory matters and meetings alongside the Head of Risk Management and executives.

Key Experience: Experience as a Credit Risk Manager, Analyst, Officer, or similar role.Background in credit risk management within UK-regulated financial services.Strong knowledge of UK regulations (PRA, FCA), including Consumer Duty and Basel 3.1.Understanding of banking operations, including retail banking, mortgages, and SME lending.Ability to present to and influence senior stakeholders and committees.Proficiency in Microsoft Office, especially Excel, Word, and PowerPoint.Good understanding of financial services processes, procedures, and controls.Apply now to join a dynamic team and advance your career as a Credit Risk Manager.Additional Resources Ltd acts as an Employment Business and Agency, respecting GDPR and data protection policies.

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apartmentAdditional Resources Ltd.placeLondon
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