Head of Credit Risk (IT)

My client, a fast growing international bank, is looking for a Head of Credit Risk (IT) to lead the development, implementation, and management of technology solutions for credit risk management. This person will be a strong team leader who has managed teams in the past. The Head of Credit Risk (IT) will oversee credit risk models, ensures data integrity, and provides strategic direction to enhance credit risk processes. Collaboration with cross-functional teams, compliance with regulations, and driving innovation are key aspects of this role. This role is based in London but with hybrid working flexibility.

Key Responsibilities:

• Develop and execute the Credit Risk IT technology strategy.
• Provide visionary leadership and foster a culture of innovation.
• Oversee the design and implementation of credit risk models and systems.
• Integrate advanced analytics and machine learning techniques.
• Ensure the accuracy and reliability of credit risk data.
• Maintain and enhance credit risk databases.
• Develop comprehensive credit risk reporting frameworks.
• Provide timely and accurate risk reports.
• Ensure compliance with regulatory requirements.
• Adapt to regulatory changes.
• Lead and develop a high-performing Credit Risk IT team.
• Manage resource allocation and project prioritization.
• Act as a liaison between IT and business stakeholders.
• Manage the Credit Risk IT budget.
• Oversee vendor relationships and contracts.
• Drive continuous improvement initiatives.
• Monitor industry trends and best practices.

Required Skills, Knowledge, Experience and Values:

• Bachelor's degree in Computer Science, IT, Finance, Risk Management, or related field. Master's degree or MBA is highly desirable.
• CFA, FRM, PRM, PMP, ITIL certifications are advantageous.
• Minimum of 10 years in credit risk management with a focus on IT solutions.
• Proven senior leadership experience in financial services.
• Experience in developing and implementing credit risk models – preferably using FIS Adaptiv or Murex.
• Proficiency in advanced analytics and data management technologies – preferably using Java
• Ability to lead and manage high-performing teams.
• Experience in strategic planning and execution.
• Experience in managing large-scale IT projects.
• Strong project management skills.
• Excellent communication skills.
• Proven ability to collaborate across departments.
• Track record of driving innovation.
• Ability to stay current with industry trends.
• Flexibility in a rapidly changing environment.
• Openness to new ideas and approaches.
• Informed and timely decision-making skills.
• Sound judgment in high-pressure situations.
• Upholds high standards of integrity and ethical behaviour.
• Ensures regulatory compliance.