Head of credit

Description:

A fantastic new lending position has come available within an established London based Mortgage specialist.

Our client is a top Specialist lender with a growing portfolio of BTL Mortgages.

They have a progressive and agile working environment with focused leadership which also offers excellent career development opportunities.

We are inviting applications for Head Credit position.

The Role

* To review loan applications to present to credit committee for approvals.

* Responsible for timely loan application approvals.

* Provide an independent view regarding proposed business plans and transactions and credit facilities.

* Implement and adhere to the Credit policy, with flexibility to amend specific policies as required and within the risk governance framework agreed.

* Maintaining current knowledge of relevant regulatory developments, effecting change as required.

* Responsible for measuring and managing the aggregate risk in the loan portfolio specially in real estate development loans.

* Conduct risk analysis and implement a budget to the lending department

* Determine and establish lending policies & procedures

* Guiding staff team and ensuring that they follow the set policies including Credit Risk .

* Monitor portfolio management of new and existing clients.

* Provide mentorship to RMs and educate them on credit products and procedures.

* Production of all credit MI for local and Group purposes providing in depth loan book analysis

* Work alongside Senior members to uphold Business Continuity plans regarding the Credit function.

* Requirements

* Also have a good experience in NPA recovery.

* Assist in preparation and presentation of the information pack for Board Risk Committee

* Strong understanding of Credit analysis and policies.

* Good understanding of Risk Management principles.

* Good understanding of Basel III and evolving regulatory guidelines in this space

* Possess strong problem solving skills (hypothesis-driven thinking, analytical, quantitative, conceptual skills)

* Should be able to handle various operational and Board level committees

Job Details