Credit Risk Manager

at  Tandem Bank

Job Title: Credit Risk Manager
Team: Portfolio Credit Risk
Working Pattern: Monday to Friday, 36.25 hours per week
Salary: up to £65,000 and up to 20% bonus and benefits
Location: Hybrid work from our London office in Holborn

• Support the 2nd line Credit Risk control and governance agenda including the implementation of the Credit Risk Management Framework across the Bank.
• Support oversight of credit risk policies – includes policies relating to Responsible Lending, Affordability, Exceptions, Collections, Recoveries, Forbearance and Impairment. Ensure policies are in-line with relevant regulatory requirements and also support oversight to ensure adherence to policy - escalating risks / issues as appropriate.
• Support the Senior Credit Risk Manager to drive Credit Committee agenda – includes identification of risk / issues relating to credit risk and escalating as appropriate.
• Build analytics to develop credit risk appetite limits and work with the Business to seek approval from credit committee and senior committees.
• Own implementation of Bank’s credit risk assurance plan and conduct regular credit risk assurance reviews ensuring observations and recommendations are presented at credit committee.
• Monitor progress against any credit risk related findings from internal/external audit, 2nd line assurance, model validation etc. Work through managing any risks / issues with respect to closure of findings.
• Detailed technical review of the credit performance and credit risk profile of portfolios across the Bank, ensuring credit risk KPIs continue to be in line with agreed credit risk appetite.
• Review watchlist cases on regular basis to ensure appropriate treatment from an impairment provisions and customer lens.
• Review and challenge proposals from the Business (1st line) and provide 2nd line feedback / recommendation/s as part of credit committee governance.
• Oversight and monitoring of the performance of new originations at appropriate level of granularity, including policy exceptions monitoring.
• Lead review and challenge of credit risk models used for credit decisioning – to include provisions, affordability and scorecards – and provide 2nd line assessment of identified limitations and also recommendations as appropriate.
• Work with Data team to ensure delivery of Credit Risk data requirements (e.g. for credit committee MI).
• Work closely with colleagues across 1st line credit risk, Product, Operations, Finance and other areas of Risk to deliver team goals.
• Deputise for Senior Credit Risk Manager on all Portfolio Credit Risk matter