Morgan McKinley
Senior Credit Risk Manager
Get notified of more jobs like this · No spam, ever
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
Job Description
The role is part of the Credit Risk Function which sits in the 2nd Line of Defence and is tasked with supporting the Chief Credit Officer “CCO” with credit risk decision making activities, the ongoing development, embedding and monitoring of the Bank’s Credit Risk Management Framework and to ensure Credit Risk activities remain effective and relevant to the Bank’s strategic objectives and the prevailing external economic environment. The role holder will be a Chair of Credit Approvals Committee “CAC”, whilst also exercising a personal delegated lending authority.
The role holder will act as the primary point of reference and technical expert primarily for Commercial Investment Real Estate, Specialty Finance and Asset Based Lending activities undertaken by the Commercial Banking Franchise. This will also involve being directly responsible for ensuring the adequacy and relevance of ongoing resourcing, recruitment and management of sector specific focused Credit Risk sanctioning teams.
In addition to performing credit risk sanctioning decision making for specific transactions, the role holder will be responsible for the oversight of the ongoing credit risk performance of the said specific asset class portfolios, whilst being influential in the ongoing evolution and development of the quality of credit risk analysis and presentation undertaken by both 1st Line and 2nd Line, providing support and guidance where appropriate. Furthermore, the role holder will be integral to the continued development and evolution of credit risk processes and systems.
Key Responsibilities
Senior Leadership
- Responsible for leading and managing a highly performing team, working collaboratively with the Deputy CCO and the other Credit Risk Team Head to coordinate the effective deployment of resource across the entire Credit Risk Function to ensure workloads are managed appropriately.
- When required, take ownership and responsibility for the preparation and presentation of analysis and findings relating to specific matters to various internal and external stakeholders.
- Identify, evaluate and formulate strategy and relevant action plans to drive process efficiencies, harnessing automation where possible across the Credit Risk Function.
- Provide constructive and informed challenge to 1st Line proposed growth plans and any proposed change to sector risk appetite and policy.
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
People and Culture
- Create a supportive and collaborative working environment, inspiring and motivating others.
- Encourage and drive your own personal development, whilst providing support, guidance and encouragement to colleagues with a view to optimise their own ability and career aspirations where appropriate.
- Responsible for your direct Team delivering a consistently highly effective performance, whilst ensuring this is not detriment to people’s wellbeing.
- Responsible for identifying and managing in an effective and supportive manner any individual under performance situation.
Credit Sanctioning
- Responsibility for the credit risk sanctioning decisions for a variety of transactions, often large (<=c£75m) and complex in nature, across a broad range of asset classes and structures, with a particular focus on Commercial Investment Real Estate, Speciality Finance and Asset Based Lending.
- Responsible for ensuring all credit risk sanctioning decisions, both personally (either within individual discretion or as Chair of CAC), together with those of the Credit Risk Team are appropriately considered in a consistently balanced and duly informed manner.
Get help with your application
Your very own career expert that helps elevate your application to the next level.
Risk Committees
- Direct involvement with the preparation of any papers relevant to the role for Approval, Noting or Discussion at the Bank’s various Executive and Non-Executive Risk Committees.
- Take ownership for the successful follow up of outstanding Action Points from any the relevant Committees. Act as a Member, or when required, as Chair of Credit Risk Oversight Committee and Watch & Impairment Committee, whilst representing Credit Risk at various other Committees as and when appropriate.
Credit Portfolio Monitoring
- Analyse, review and comment on the performance of each asset class portfolio for which the role holder is directly responsible for, including monitoring of associated Watchlists and Impairments.
- Monitoring and reporting on compliance with credit risk appetite and concentration risk limits.
Quality Control & Assurance
- Ensure each asset class the role holder is directly responsible for operates within both its own Asset Class Policy “ACP” and overarching Credit Risk Policies, identifying and reporting Credit Policy Exceptions as appropriate.
- Oversight of the quality and standards of both 1st Line credit submissions and 2nd Line analysis and recommendations and / or approvals made within individual Delegated Authority.
- Provide direction and input into the 2nd Line Credit Monitoring reviews and resultant reports.
Credit Risk Policies
- Work in conjunction with 1st Line in establishing and / or evolving those ACP’s relevant to the role holder’s areas of technical expertise, whilst ensuring these remain aligned to the Bank’s Credit Risk Appetite Statement. Ensure constructive challenge is given where appropriate.
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Skills
Location