Do you want to be part of a force for good, helping to make life better for customers & society in the moments that matter? At Hodge, we put people at the heart of our business and that means our customers, colleagues and communities. Hodge is a Welsh financial service provider that focuses on commercial lending and specialist residential mortgage markets.
This role in Hodge’s Risk & Compliance function will involve providing oversight, assurance, and challenge to the business on all credit risk matters across Retail and Commercial Lending credit portfolios.
The role holder will principally be responsible for conducting thematic credit review activities in line with the agreed assurance plan. Expected to use internal and external data to provide key insights into the lending portfolios’ performance, evaluate emerging risks and credit quality. Support the development, delivery, and continual improvement of effective credit risk management as the portfolios evolve through the credit cycle.
Experience in a similar credit risk oversight or relatable secured credit underwriting role in a banking environment and knowledge of Residential / Buy to Let Mortgage, and Commercial / Development Finance portfolios would be preferred.
Key Responsibilities will include:
* Conduct thematic and ad hoc reviews, case sampling and lessons learned evaluations into selected areas of credit risk and escalate any recommendations or findings as appropriate.
* Provide input to, and support delivery of, the 2nd line annual assurance plan based on a risk-based assessment of key credit areas.
* Support the Credit Risk Oversight Manager on delivery of the risk management framework linking credit risk appetite, risk assessments, policies and procedures and ensuring they are integral to business decision making.
* Review and provide input to risk opinions on proposals from the business on credit risk matters, including credit strategy, product development and policy changes.
* Support the development, preparation and embedding of appropriate Committee MI reporting to enhance monitoring of credit risk across the business and ensure compliance with the defined risk appetite and regulatory requirements.
* Review, perform ad hoc data analysis, and provide insight into key drivers behind portfolio performance, underlying credit quality, and evaluate risk from external economic and market movements.
* Review and challenge credit related reporting, policies and processes across the full end-to-end credit lifecycle including origination, account management, collections, and recoveries.
* Support in design and execution of robust risk oversight and challenge to the functions responsible for managing credit risks, making recommendations for improvements in the control environment where necessary.
* Support the business in the assessment and escalation of credit related issues, breaches, loss, or near-misses should they occur, including whether any proposed measures to address are effective, and monitor through to resolution.
* Develop and maintain positive and effective working relationships with 1st line colleagues, providing advice, guidance, and support on credit risk related activities, and sharing best practice across the organisation.
Please be aware that should we pursue your application, all our Financial Services employees will be expected to complete background checks to assess suitability for employment, including criminal record, identity, sanctions, adverse finance, fraud prevention and reference checks to comply with our regulatory requirements.
Hodge is an advocate of being an equal opportunities employer. We believe in promoting equality and diversity which is central to our lives today. We welcome applications from all sections of the community and recognise the value a diverse workforce brings to an organisation.
ESG and sustainability are at the heart of everything we do and serve as a reminder of the responsibility we have to our stakeholders, customers, colleagues and the communities we operate in to use our position wisely.
Apply today to become part of Hodge’s mission to make life better for customers and society in the moments that matter.
Job Type: Full-time
Pay: £40,000.00-£45,000.00 per year
Additional pay:
* Bonus scheme
Benefits:
* Company pension
* Employee discount
* Free flu jabs
* Free parking
* Gym membership
* Health & wellbeing programme
* Life insurance
* Referral programme
Schedule:
* Monday to Friday
Work Location: Hybrid remote in Cardiff
Application deadline: 24/11/2024
Reference ID: Credit Risk Oversight Officer
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