Senior Credit Risk Manager

Lead with Insight & Impact — Join Us as a Senior Credit Risk Manager

Up to £80,000 plus benefits and bonus - Hybrid/London (2 days)

Our client are a fast paced bank currently undergoing an exciting transformation in consumer finance. With growth on the horizon, the successful candidate will play a pivotal role in evolving from credit risk oversight into a broader Prudential and Credit Risk Oversight Manager role. This position offers mentorship, cross-functional influence, and the chance to evolve as a confident leader in risk.

Why You’ll Thrive Here

• Career growth with purpose: start as a Senior Credit Risk Manager, with a clear path to expanded oversight in prudential, model validation, and stress testing.
• Inclusive and collaborative environment: thrive in a culture that values diverse perspectives and nurtures leadership, confidence, and innovation.
• Work-life balance you can lean on: flexible working arrangements that support your personal and professional life.
• Make real impact every day: your insights will influence portfolio quality and shape our bank’s risk strategy as we scale.

What You’ll Do

Credit Risk Management

• Shape and calibrate credit risk appetite and oversee related policies, procedures, and models for unsecured retail lending and forward-flow agreements.
• Monitor portfolio performance, detect emerging risks early, and recommend effective actions.
• Ensure robust credit assessment—from scoring and affordability checks to decision governance.
• Lead validation, calibration, and testing of models amid changing economic conditions and regulatory expectations.

Model Development & Validation

• Champion model governance as the second line of defence, ensuring all critical models align with our risk framework.
• Work alongside data scientists and partners to validate, back-test, and maintain model performance.
• Maintain clarity and structure through comprehensive model documentation and governance practices.

Risk Reporting & Governance

• Craft and present risk insights to senior leadership and the Board.
• Contribute to setting risk appetite and limits, and support audits and regulatory reviews.

Broader Risk Oversight (Growth Path)

• Build familiarity in prudential risks—liquidity, IRRBB, capital adequacy—and support stress testing initiatives.
• Use scenario planning and stress testing to enhance enterprise-wide risk resilience.
• Evaluate risk for new products and acquisitions and trajectory toward a full Financial Risk Oversight role.

What We’re Looking For

• 5+ years in credit risk within retail banking—esp. unsecured lending
• Solid experience in credit risk data analysis using large datasets.
• Strong understanding of the UK regulatory landscape (FCA, PRA, IFRS9, Basel III).
• Hands-on with model validation, and risk frameworks.
• Proficient in risk reporting, stakeholder engagement, and translating complex issues for varying audiences.
• Technical fluency: Python, R (or SAS), and SQL.
• Confident, collaborative communicator who challenges constructively and drives solutions.

Ready to make an impact? If you’re an experienced credit risk professional with the ambition to expand into financial risk oversight, we’d love to hear from you. Apply now to explore how your expertise can help shape our client bank’s strategic resilience—and chart a rewarding career path!