I am working with a Ministerial Department who are looking for an experienced Deputy Director of Credit Risk and Portfolio Management for 6 months.
The role is full time, to start ASAP and paying £900 Umbrella per day. (the roleis in scope of IR35)
The role is home/Fieldbased, but may be expectation to visit offices in the SW region on ad hoc basis.
The role:
Reporting to the Chief Investment Officer you will have overall responsibility for and leadership of the Credit and Portfolio functions of the department. Ensuring adherence to policy and process and implementation of best practice in treating customers fairly and lending responsibly.
Since the inception of the innovation loans product in 2017, over £250 million in innovation loans have been awarded to over 250 highly innovative companies. Portfolio companies cover the full spectrum of the future economy and are distributed across the UK.
In this role, you will be part of the department's Finance management team, within the department's Products and Services function, and will also be responsible for representing the activities of the Directorate in policy and funding discussions with internal and external stakeholders, including Government stakeholders and the wider public. The role will also involve being a member of the department's Credit Committee.
Key Responsibilities and Accountabilities:
* Lead a team of 10 credit and investment specialists and 8 debt portfolio management experts to build and manage a portfolio of high risk, SME loans with mezzanine/structured finance features and controls
* Operate a personal delegation for credit, investment and arrears, default and recovery decisions, and any devolved delegation as required
* Support the Heads of Function for Credit and Portfolio, as direct reports, to systematise and codify precedent in the department's approach to responsible lending and debt management, working within the spirit of the FCA's Treating Customers Fairly framework
* Act as the department's technical expert in credit and portfolio management, as part of the wider risk, assurance and governance architecture of the organisation - and provide similar support to UK Research and Innovation, as required
* Work as part of the senior leadership team of the department's Finance directorate delivering within a product-oriented, customer-insight driven organisation
Essential experience:
* Qualified or demonstrating substantial equivalent experience in SME lending and/or investment decisions, in a fund, banking or alternative finance environment
* Degree qualified or holding a professional qualification in a relevant discipline
* Experience in originating and maintaining a portfolio of SME loan assets as a (stretched) senior and/or mezzanine/structured finance lender
* Experience in a leadership capacity
* Proven track record in building, maintaining and leading a high performing team across several technical disciplines through consensus-building, empowerment and coaching
* Willingness and ability to flex mindset to deliver a portfolio which delivers on the innovation objectives and economic impact of the programme while achieving an overall balance of risk/reward consistent with the risk appetite established by the department
* Experience of working with senior government stakeholders, developing and implementing policy initiatives in the context of Subsidy Control regulation and Managing Public Money contexts.
Please only apply for this role if you have all the skills, knowledge and experience as mentioned above.
As the role is to start ASAP please only apply if you are available on no more than 2 week's notice.
Thank you
Charlotte
Eden Brown Synergy is an equal opportunities employer.
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