Credit Risk Manager

Description

• Support the Procurement Team in the annual credit review of key suppliers.
• Participate in lending initiatives and projects as they relate to Credit Risk.
• Facilitate and chair monthly Credit Risk Review meetings between the business lines and Credit Risk.
• To support the effective underwriting of Credit proposals across a breadth of residential buy-to-let, motor finance, residential property development and SME trading business sectors, either jointly approving within own personal delegated credit authority or supporting to Sanctioning Committee.
• To consider underwriting referrals from all new business lines of the Paragon Banking Group that exceed local mandate authorities and those which are outside of Credit Policy.
• Complete 2nd line quality assurance oversight of new business applications by ensuring that the proposals being accepted are within the Bank’s risk appetite.
• Review, assess and (where appropriate) restructure credit recommendations for approval or onward recommendation to Sanctioning Committee.
• Consider underwriting referrals from the Bank’s various new business lines through the application of a Credit Committee mandate.
• Support the business lines in maintaining up to date and relevant policies & procedures.
• To undertake 2nd line quality assurance oversight of new and existing lending, applying a comprehensive risk assessment approach to ensure that key credit risks are identified, monitored and efficiently controlled.

Requirements

• Advanced report writing skills.
• Demonstrate an ability to operate a Senior Underwriting mandate through an understanding of risk appetites, capital considerations and complex corporate lending structures/entities.
• Ability to work self-sufficiently on own initiative and effectively manage completion of own objectives.
• Attention to detail and excellent investigation/risk management skills.
• A minimum of 10 years credit underwriting experience across a breadth of lending sectors.
• A full and demonstrable understanding of the credit cycle through strong business awareness.
• Ideally educated to degree level or equivalent.
• Use of MS Office software for data analysis and review reports
• Effective communication, presentation, and people management skills.

Benefits

• Life Assurance and Personal Accident Cover
• Employee Discounts: Enjoy exclusive discounts on entertainment, travel, shopping, motoring and more
• Share Save Scheme: Annually, you have the opportunity to buy shares in Paragon at a discounted rate
• Monday to Friday - 37.5 hours hybrid role, 2 days in the office.
• Profit Related Pay: We share some of our annual profit with our eligible employees
• Pension Plan: We contribute up to 10% of your annual salary towards your pension
• Generous Holiday Allowance: Starting from 25 days and climbing to 30, you also get to enjoy a day off for your birthday, Christmas Eve, and New Year’s Eve. You can also buy or sell up to a week’s leave
• Volunteering Day: Contribute to causes you care about with one volunteering day per year
• Family Friendly policies: We offer enhanced parental pay and paid time off for fertility treatment

Training + Development

Interview process

Visa Sponsorship

Security clearance