Your role will require you to lead the Financial Risk area of the Risk Function providing appropriate insight and assurance to the CRO about the financial (insurance, market, counter-party credit, credit) related risks (both current and emerging) facing the firm and the extent to which capital or other mechanisms adequately reflects these.
You will lead lead the financial risk function, and report in to the CRO, as well as working closely with the investment director.
An opportunity has come up to play an integral part in the next stage of this insurers journey.
And we all work together to be brilliant for customers, every single day.DLG's growth is supported by our Risk function.
At Direct Line Group, insurance is just the start.
Combining decades of industry experience with talented people in every field from data, technology, customer care and auto repair, to HR, finance and procurement , we're a customer-obsessed market powerhouse.
The role of Credit Risk AVP exists to manage a portfolio of Project Finance Loan transactions of a complex nature, dealing with waiver requests and variations, the monitoring of risk, application of associated credit grades and various other administrative tasks, such as KYC, documentation and covenant compliance.
The role also requires strong communication skills as there will be various interfaces both within the organisation (Credit, Syndications, Operations etc) as well as externally including some client interaction, such as KYC consideration, liaison with advisers (Technical and Legal) as well as with Agency functions in other institutions.
The role requires strong analytical skills and involves the review and analysis of information including, but not limited to, construction, technical and operational reports customer financial statements, project finance financial models, due diligence and administration of the Loans in accordance with the terms of Financial / Legal documentation along with preparation of associated applications.
Your responsibilities will include evaluating the adequacy of capital and other mitigation mechanisms in addressing these risks effectively.Through your leadership, you will ensure that the Financial Risk Function delivers valuable analysis and guidance, enabling the CRO to make informed decisions and maintain a robust risk management framework.Key experience required:
Experience in a Senior Financial Risk role with relevant experience in either Insurance or wider Financial Services
These risks encompass insurance, market, counterparty credit, and credit risks.
Within GSA, the Counterparty Risk Strats facilitate counterparty risk and financial resources management across the Investment Bank.
Group Strategic Analytics (GSA) is part of Group Chief Operation Office (COO) which acts as the bridge between the Bank's businesses and infrastructure functions to help deliver the efficiency, control, and transformation goals of the Bank.
Our client is a well-respected Insurance provider, with a reputation for innovation and excellence.
Northamptonshire Hyrbid (1-2 days per week in the office)
With a strong focus on customer service and employee satisfaction, the company is committed to providing a supportive and collaborative working environment.
They are currently recruiting for an experienced credit risk analyst to join the UK funding and credit team.
Our client is the UK division of a global vehicle funding and fleet management business serving a wide range of industries and organisations, both in the public and private sector.
You will be responsible for making lending decisions on new and renewal business, typically credit lines up to £1m, and making recommendations, and preparing full credit write ups for larger requests to be submitted to the credit committee and the globally based head office.