Deputy Head of Credit

THE COMPANY:

Our client is a a global banking group with offices based in the City. They are looking to hire a Deputy Head of Credit with corporate & SME and Buy to Let experience.

THE RESPONSIBILITIES:

• The incumbent will report to Head of Credit.
• Establish structured end to end independent review process for Credit Approval Unit
• Establish key performance metrics for the Credit Approval Unit – relating to Risk Mitigation, Quality & Comprehensiveness of Review & Efficient & Effective Processing of Credit proposals.
• Objectively assess credit proposals, identifying key risk issues and researching a reasoned conclusion.
• Approve credit proposals within delegated authority.
• Take ownership of reporting requirements internally and externally in relation to the monitoring of credit facilities.
• To organise and or participate in Credit Committee meetings to review and make recommendations relating to proposals.
• To ensure minutes are taken on credit decisions in CCC meetings, recommend urgent credit requests to CCC members through circulation, and communicate credit decisions to CAD in an efficient and effective way.
• Review credit policies and procedures and update them in line with Group requirements, industry trends, regulatory requirements, improved risk management & risk mitigation.
• Provide training to Branch credit staff on corporate risk analysis, rating tools, financial analysis, and overall proposal preparation and review.
• Regular capacity review for optimum credit processing, coach other team members on corporate risk analysis, ratings, financial analysis, and overall proposal preparation and review.
• Risk reporting to the Group Risk Management
• Liaison with Credit Administration, Remedial Management, Monitoring Unit, Finance, Compliance & Audit for processes relating to Credit Approval function.
• Conduct risk management education and training from time to time and review training needs for team members.
• Work with IT to support Credit Risk related IT Projects.

EXPERIENCE REQUIRED:

• In depth credit analysis experience and corporate & SME and Buy to Let banking product knowledge in the U.K. (minimum 3 years of relevant experience in the U.K.). Proficiency in the use of Excel spreadsheets and database tools.
• Knowledge of Emerging Markets SMEs, Business models, market trends, industry trends is preferred.
• Workout knowledge for problematic corporate accounts is desirable.
• Understanding of BASEL, PRA and FCA Risk Guidelines, Calculations and Policy Adherence.
• Sound understanding of Risks and Mitigants for On Balance sheet and off Balance Sheet credit facilities