×

Job Details

Click here to become a registered jobseeker.

Chief Credit Officer

Bournemouth, Dorset, United Kingdom, £ £ - Annual Annual, Permanent

Description:

We currenlty have an exciting opportunity to join one of our clients in Bournemouth on a permantnent basis.Maintaining a positive risk and compliance culture is at the heart of what they do and so this role plays a pivotal part in influencing the organisation to deliver business outcomes, whilst driving profitability, improving predictability, and maintaining compliance.

The Chief Credit Officer supports the Chief Risk Officer in managing and delivering effective credit strategies and systems that maximise commercial performance and support the delivery of good customer outcomes.

Responsibilities

  • The primary responsibility of the Chief Credit Officer is to protect the firm from unacceptable credit losses and any associated customer harm, whilst ensuring that Amigo remains competitive in the market. This includes:
  • Ownership of the governance structure and delivery of the credit risk function. This includes monitoring expected and unexpected losses, whilst objectively reviewing adherence and suitability of credit risk policies and ensuring that systems and controls are fit for purpose.
  • Oversee the use of a variety of analytical techniques and data sources to evaluate the risks associated with lending to customers and evaluate business risks.
  • Representing credit risk to key stakeholders, including the Board, credit rating agencies, investors and regulators. The credit risk manager is the person regulatory agencies interact with to understand if risk compliance measures are being implemented.
  • Set and oversee credit risk policy and limits, scenario testing potential outcomes and calibrating strategy and delivering underwriting decisions in a controlled manner.
  • This role is also responsible for benchmarking current credit risk practices against best practice.
  • Managing a team of underwriters and credit risk analysts, able to:
  • Review overall credit positions and losses, assess any changes in specific lending cohorts
  • Set credit risk appetite and review credit limits
  • Report all significant risks
  • Ensure credit risk reports reach all relevant parties
  • Discuss significant credit risks with senior leadership
  • Conduct stress and scenario testing
  • Review past or anticipated changes in provisions
  • Review if any changes need to be made in specific provisions
  • Ensure underwriting decisions align with policy and have full and proper documentation
  • Ensure any credit protection is fully understood and utilised
  • Explore if there are any further possibilities of exploiting credit protection
  • In addition to this the credit risk officer is expected to keep an eye on macro-economic changes, emerging risks and assess credit risk in the long term.

QualificationsWhilst not a requirement, quantitative number-based degrees (such as finance, accounting, economics or a related field) can be an advantage in the role, but this is by no means mandatory if candidate has relatable experience.A sophisticated understanding of the consumer credit market, customer behaviours, commercial participants, risk disciplines, regulatory expectations and Amigo's lending proposition is essential.

Skills

You will need to have:

  • Comfortable working in a fast paced and innovative environment both with a degree of collaboration and autonomy
  • An ability to analyse and interpret information quickly
  • Excellent presentation skills
  • Excellent problem solving-skills
  • Confident communicator with an ability to influence at all levels

Job Details

1592331512
Not Specified
Bournemouth, Dorset, United Kingdom
Permanent
£ £ - Annual Annual