Job Description
Exciting Opportunity: Head of Credit Risk & Controls
Leading Financial Services Firm
Location: Milton Keynes (Hybrid)
Job Type: Permanent |
Salary: Circa £100k + Bonus & Benefits
The Opportunity
On behalf of our client, a rapidly growing financial services firm specialising in commercial lending and asset finance, we are seeking an experienced Head of Credit Risk & Controls to lead their credit function.
This is a high-impact role where you will shape credit strategy, drive risk excellence, and ensure regulatory compliance while supporting sustainable business growth.
About Our Client
* A trusted name in UK financial services, providing innovative lending solutions to SMEs and corporates.
* Committed to responsible finance, combining agility with robust risk management.
* Tech-forward approach, leveraging data and automation to enhance decision-making.
The Role: Head of Credit Risk & Controls
You will own and evolve the credit management & risk framework, ensuring a balance between growth and risk mitigation.
Key Responsibilities:
* Credit Strategy & Leadership; Define and implement the credit risk appetite, policies, and controls.
* Lead the credit team, fostering a risk-aware culture while supporting business objectives.
* Present risk insights to Executives & Board, influencing high-level decisions.
* Risk Management & Controls; Oversee underwriting standards, portfolio monitoring, and early warning systems.
* Ensure compliance with regulatory requirements (e.g., FCA, IFRS 9).
* Optimise credit scoring models and decisioning tools (e.g., AI, machine learning).
* Portfolio Performance & Reporting; Monitor delinquency, defaults, and provisioning, driving corrective actions.
* Deliver MI & stress testing to anticipate emerging risks.
* Enhance collections & recovery strategies to minimise losses.
* Stakeholder Engagement; Partner with Sales, Finance & Risk teams to align credit policies with business goals.
* Manage relationships with external auditors, regulators, and credit bureaus.
Who We're Looking For
* Proven leader in credit risk management (10+ years in financial services).
* Deep expertise in commercial lending, asset finance, or banking.
* Regulatory knowledge (FCA, Basel, IFRS 9) and credit modelling experience.
* Tech-savvy - comfortable with data analytics, automation, and risk systems.
* Strategic mindset with strong commercial acumen.
Why Apply?
* Shape the future of credit risk in a high-growth business.
* Hybrid working in Milton Keynes' thriving financial hub.
* Competitive package with bonus, pension, and career development.
* Confidential Hiring Process - Client details shared upon application.