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Credit Risk Manager

Job LocationCardiff
EducationNot Mentioned
Salary£70,000 per annum
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time or part-time

Job Description

About the Company An exciting opportunity has arisen within our clients company for a Credit Risk Manager. Working within their Mortgages team and reporting directly to the Head of Credit Risk & Pricing, this role is fully remote, with travel once a month to their officein Cardiff.Our client is in the process of building out their Credit Risk team, with the successful candidate working on their 2nd Charge Mortgages team whilst also managing another more junior member of the team.This role would also be suited to a Senior Credit Risk Analyst looking for the next step-up in their career.The Specialist Mortgage team will operate as a start-up and as an exciting, new division of the company, whilst retaining the security of its large award-winning parent company. The next stage of the Specialist Mortgage team will be the progression to 1stcharge mortgages.About the RoleManaging the credit policy, referral strategy, affordability process, Open Banking usage, price-setting and more, the successful candidate will also be responsible for optimising existing processes whilst supporting key strategic projects. They will be givenresponsibility to set direction and lead the way, whilst also maintaining a hands-on approach.Role Responsibilities

  • Managing the credit policy for the mortgages portfolio
  • Monitoring funnel and arrears performance and continually looking for areas of improvement
  • Ensuring data is utilised in an optimal way to benefit customer and broker journeys
  • Understanding and optimising the referral journey by balancing risk and automation
  • Reviewing the underwriting strategy and constantly looking for areas of improvement
  • Exploring new products and data services that would improve decisioning and pricing capabilities
  • Optimise the companys approach to affordability decisioning, including income verification, whilst ensuring responsible lending and compliance to regulatory requirements
  • Working alongside Data and BI colleagues to deliver best-in-class MI
  • Representing Credit Risk in relevant forums and updating key stakeholders on the teams activities and performance
  • Prioritising workloads to meet SLAs and deliver on department objectives
Skills and ExperienceEssential
  • Experience in financial services within a credit risk environment (or similar)
  • Experience of writing board/committee papers and strategy documents
  • Have the confidence to challenge existing work practices to ensure continuous improvement
  • A strong focus on quality, receptive to feedback and effective when giving feedback to others
Desirable Experience
  • Second charge mortgages
  • Pricing strategy
  • Model Building/Validation
  • Fraud risk strategy
  • Financial Crime
  • Open Banking/PSD2
  • Consumer Duty
  • Managing a team of people
Required skills
  • 1Credit Risk
  • 1Mortgage
  • 1Mortgages

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