Job Description
A private banking institution wish to recruit a Lending Oversight Manager with the primary focus being to manage a Quality Assurance team to ensure high quality and consistent execution of compliant lending practices.
Main Duties
Be the central point of reference for the department in regard to MCOB and CONC regulations, Consumer Credit Act requirements, procedures and documentation, providing SME technical advice and support.
Continually enhance the effectiveness of execution and standards of lending practices, with close collaboration with the Compliance Department, Legal Department and Head of Credit Risk, to ensure appropriate identification and management of Compliance and Regulatory risks.
A fundamental requirement of this role is that it is a regulated activity and in scope of the Certification Regime. It is therefore subject to the Conduct Rules set by the FCA/PRA.
Act as a lead SME to proactively input into the regulatory change agenda, as well as taking a leading role in highlighting and delivering process improvement.
Experience Required
Extensive credit and supervision experience, ideally with experience of taking a leading SME role to input into regulatory change agenda.
Broad technical knowledge in the areas of lending documentation and loan security in relation to regulated mortgage contracts
Regulatory environment experience with sound understanding of the UK regulatory framework (MCOB, CONC) and Consumer Credit Act
Leadership – ability to inspire and motivate others