Deputy Head of Credit
City of London / Hybrid (3/2)
Permanent
£110,000
cer Financial are working alongside a warm service led, well structured international bank who are based in the City of London. They are seeking a Deputy Head of Credit to work with them on a permanent basis.
Portfolio consists of Real Estate both Commercial and residential alongside some more vanilla corporate lending.
The Responsibilities of a Deputy Head of Credit Will Include:
- Establish structured end to end independent review process for Credit Approval Unit
- Establish key performance metrics for the Credit Approval Unit.
- Objectively assess credit proposals, identifying key risk issues and researching a reasoned conclusion.
- 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 minute credit decisions in CCC meetings, recommend urgent credit requests to CCC members through circulation, and communicate credit decisions.
- 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.
- 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.
- Work with IT to support Credit Risk related IT Projects.
The Successful Deputy Head of Credit Will Have:
- Ability to undertake detailed analysis of audited financial statements, management information and financial projections and write concise and incisive reports thereon.
- Credit structuring skills which are sufficiently robust to challenge proposed structures & suggest alternatives to improve risk mitigation.
- Proven track record of improving policies and process.
- Strong understanding of end to end credit process.
- Mentoring of junior staff