This range is provided by Wintermann Search. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
Job Title: Deputy Head of Credit
Company: Wintermann Search, London. Global Risk & Compliance Recruitment.
Role Overview: My client, an International Bank is looking to hire a Deputy Head of Credit for their London office.
Key Responsibilities
1. Underwriting and credit risk assessment process for real estate loans, including BTL mortgages, residential and commercial and development finance.
2. Evaluation and underwriting loan proposals for other sectors like care homes funding, hotel financing, syndication loans, bridging finance, trade finance loans, ensuring risk mitigation strategies are in place.
3. Review loan applications to present to credit committee for approvals.
4. Responsible for timely loan application approvals from Corporate Office.
5. Provide an independent view regarding proposed business plans and transactions and credit facilities.
6. Implement and adhere to the Bank's Credit policy, with flexibility to amend specific policies as required and within the Bank’s risk governance framework agreed.
7. Maintaining current knowledge of relevant regulatory developments, effecting change as required.
8. Responsible for measuring and managing the aggregate risk in the Bank’s loan portfolio specially in real estate development loans.
9. Conduct risk analysis and implement a budget to the lending department.
10. Determine and establish lending policies & procedures.
11. Guide their staff team and ensure that they follow the set policies including Credit Risk.
12. Monitor portfolio management of new and existing clients.
13. Provide mentorship to RMs and educate them on credit products and procedures.
14. Production of all credit MI for local and Group purposes providing in depth loan book analysis.
15. Work alongside Senior members to uphold Business Continuity plans regarding the Credit function.
Requirements
1. Strong understanding of Credit analysis and policies.
2. Good understanding of Risk Management principles.
3. Good understanding of Basel III and evolving regulatory guidelines in this space.
4. Possess strong problem-solving skills (hypothesis-driven thinking, analytical, quantitative, conceptual skills).
5. At least 8-10 years and above working experience in Banking, Financial Sectors with expertise in Credit Delivery and Underwriting of Corporate, SME & Retail.
6. Strong expertise in real estate finance, commercial mortgages, Buy-to-Let loans, property development finance, bridging finance and hotel & care home financing.
7. Experience in assessing complex financial statements, cash flow models and credit structures.
Conduct Rules
1. You must act with integrity.
2. You must act with due care, skill, and diligence.
3. You must be open and cooperative with the FCA, the PRA and other regulators.
4. You must pay due regard to the interests of customers and treat them fairly.
5. You must observe proper standards of market conduct.
6. You must act to deliver good outcomes for retail customers.
Employment type: Full-time
Industries: Banking and Investment Banking
#J-18808-Ljbffr