Your new companyThis bank has been operating in the UK for over 20 years and is looking to expand its presence in the UK market. Offering an array of products and tailored services to its clientele including personal and business accounts, loans, money transfers, and fixed deposits. You will be pivotal in shaping the credit risk function of the organisation by working closely with the CRO and Head of Credit Risk. Your new roleThe key responsibilities for the Deputy Head of Credit Risk position are as follows:Credit Risk Management:-Oversee credit decisions and approvals for credit propositions, reviews, temporary excesses, and transaction exceptions within authorised lending limits.-Conduct targeted portfolio reviews in response to events or developments that may impact overall credit quality.-Collaborate with business units to identify potential opportunities and provide guidance on structuring facilities.Define, review, and enhance market and Risk Acceptance Criteria.Regulatory Compliance:-Ensure compliance with all relevant regulatory requirements and internal policies.-Serve as the Secretary to the Management Credit Committee (MCC).--Strategic Leadership:-Provide strategic direction and support to the Credit Risk team, ensuring alignment with organisational goals.-Mentor and develop junior team members, fostering a culture of continuous improvement and professional growth.Stakeholder Collaboration:-Partner with business units to explore potential opportunities, including participating in joint calls and site visits.-Collaborate with business units to promptly identify early warning signs of credit deterioration and initiate appropriate remedial actions. What you'll need to succeed- Minimum 8 years+ of UK experience of approving personal and business accounts, loans, money transfers, and fixed deposits. - Strong analytical and quantitive skills.- Effective verbal and written communication and collaboration skills.- Regulatory compliance knowledge and understanding of industry best practices.- Proficiency in Excel would be useful.What you need to do nowIf you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.

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