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Head of Credit - Prestigious International Bank - City, London, United Kingdom, EC1A2

£120-140k

My client is a leading international bank, providing business and personal financial services, with a focus on owner-operated enterprises across the globe. They are looking for an experienced Head of Credit to lead their Credit Administration function.

A summary of the duties and responsibilities entail:

  • Management of the full cycle of bank deals, working with the client to identify credit lending opportunities, develop loan structures, negotiate term sheets, underwrite the loan approval request, and engage legal counsel to document and close the transaction.
  • Facilitate the smooth management of the loan facility post-closing and assist in identifying cross-sell opportunities.
  • Understanding and balancing client needs according to the Bank's credit lending policies and risk acceptance criteria, developing suitable structures, and having the ability to communicate difficult messages or requests without alienating the client.
  • Translating highest-level knowledge of financial analysis, asset valuations, and a broad understanding of various capital market solutions into viable business transactions. Able to deliver the Bank brand to the client by effectively interpreting client needs and identifying appropriate channels and opportunities
  • Own lending authority, exercising personal judgement and discretion in the evaluation and approval/decline of credit proposals, which lie outside credit policy, as well as within; sanctioning of larger more complex deals
  • Ensure defined asset quality of the portfolio is maintained, both as regards risk decisions supporting origination, value creation and mitigation of risk
  • To take responsibility for elements of risk strategic development including contribute at strategic level to the direction of Credit appetites and policies
  • Responsible for the implementation of Risk & Control Self Assessments (RCSAs) on managed portfolios
  • To fully support the business from a Credit perspective through working in partnership with local Risk leadership including the Chief Risk Officers (CRO) for countries where assets under management.
  • Drive for performance, creating a highly motivated team whilst maintaining excellent relationships within own team and wider team to ensure achievement of business goals
  • Sets, creates and delivers an engaging and clear vision for the team
  • Actively provides 'handson' end to end team management, taking responsibility for areas such as recruitment of talent, development, management of under-performance, reward and recognition, management of grievance and discipline
  • Ensuring the training and development needs of the team are being met identifying skill gaps and supporting the development and implementation of solutions
  • Responsibility for setting the risk appetite tone, mandate and scale, lending standards
  • Provide detailed credit risk analysis for assets under management to support the risk appetite
  • Evaluate and implement appropriate credit policies for portfolio ensuring their seamless fit into wider industry policies and over-arching Mandate and Scale limits
  • Responsibility for personal & team adherence to governance, compliance and lending portfolio controls
  • Ensuring conformance to policy and procedures within the Credit Team, including proactive management of agreed responsibilities for Data Integrity
  • Responsibility for the early identification of high risk accounts to minimize loss
  • Development of training and development programmes, accreditation standards and bespoke training offerings to meet the credit skills requirements of the sales and risk lines, in delivering their business objectives. Ensuring commercial quality and standards for all risk skills externally delivered - including supplier management of key relationship
  • Direct responsibility for ensuring the effective management of Relationship Teams portfolios through the active management by the credit team of Conformance MI acting swiftly to minimise losses/risk in individual portfolios
  • Initiate and proactively embed agreed change initiatives e.g. in support of process & quality improvements, cost reductions and development of credit people
  • Drive the continual need for greater efficiency
  • Manage high volume workflow to world class standards of quality and cost
  • Manage costs and deliver continuous operational improvements