Senior Credit Manager (Specialty Finance)

The role is part of the Credit Risk Function which sits in the 2nd Line of Defence and is tasked with supporting the Chief Credit Officer “CCO” with credit risk decision making activities, the ongoing development, embedding and monitoring of the Bank’s Credit Risk Management Framework and to ensure Credit Risk activities remain effective and relevant to the Bank’s strategic objectives and the prevailing external economic environment. The role holder will be a Chair of Credit Approvals Committee “CAC”, whilst also exercising a personal delegated lending authority. The role holder will act as the primary point of reference and technical expert primarily for Commercial Investment Real Estate, Specialty Finance and Asset Based Lending activities undertaken by the Commercial Banking Franchise. This will also involve being directly responsible for ensuring the adequacy and relevance of ongoing resourcing, recruitment and management of sector specific focused Credit Risk sanctioning teams. In addition to performing credit risk sanctioning decision making for specific transactions, the role holder will be responsible for the oversight of the ongoing credit risk performance of the said specific asset class portfolios, whilst being influential in the ongoing evolution and development of the quality of credit risk analysis and presentation undertaken by both 1st Line and 2nd Line, providing support and guidance where appropriate. Furthermore, the role holder will be integral to the continued development and evolution of credit risk processes and systems.

Key ResponsibilitiesSenior Leadership

• Responsible for leading and managing a highly performing team, working collaboratively with the Deputy CCO and the other Credit Risk Team Head to coordinate the effective deployment of resource across the entire Credit Risk Function to ensure workloads are managed appropriately.
• When required, take ownership and responsibility for the preparation and presentation of analysis and findings relating to specific matters to various internal and external stakeholders.
• Identify, evaluate and formulate strategy and relevant action plans to drive process efficiencies, harnessing automation where possible across the Credit Risk Function.
• Provide constructive and informed challenge to 1st Line proposed growth plans and any proposed change to sector risk appetite and policy.

People and Culture

• Create a supportive and collaborative working environment, inspiring and motivating others.
• Encourage and drive your own personal development, whilst providing support, guidance and encouragement to colleagues with a view to optimise their own ability and career aspirations where appropriate.
• Responsible for your direct Team delivering a consistently highly effective performance, whilst ensuring this is not detriment to people’s wellbeing.
• Responsible for identifying and managing in an effective and supportive manner any individual under performance situation

Credit Sanctioning

• Responsibility for the credit risk sanctioning decisions for a variety of transactions, often large (<=c£75m) and complex in nature, across a broad range of asset classes and structures, with a particular focus on Commercial Investment Real Estate, Speciality Finance and Asset Based Lending.
• Responsible for ensuring all credit risk sanctioning decisions, both personally (either within individual discretion or as Chair of CAC), together with those of the Credit Risk Team are appropriately considered in a consistently balanced and duly informed manner.

Risk Committees

• Direct involvement with the preparation of any papers relevant to the role for Approval, Noting or Discussion at the Bank’s various Executive and Non-Executive Risk Committees.
• Take ownership for the successful follow up of outstanding Action Points from any the relevant Committees. Act as a Member, or when required, as Chair of Credit Risk Oversight Committee and Watch & Impairment Committee, whilst representing Credit Risk at various other Committees as and when appropriate.

Credit Portfolio Monitoring

• Analyse, review and comment on the performance of each asset class portfolio for which the role holder is directly responsible for, including monitoring of associated Watchlists and Impairments.
• Monitoring and reporting on compliance with credit risk appetite and concentration risk limits

Quality Control & Assurance

• Ensure each asset class the role holder is directly responsible for operates within both its own Asset Class Policy “ACP” and overarching Credit Risk Policies, identifying and reporting Credit Policy Exceptions as appropriate.
• Oversight of the quality and standards of both 1st Line credit submissions and 2nd Line analysis and recommendations and / or approvals made within individual Delegated Authority.
• Provide direction and input into the 2nd Line Credit Monitoring reviews and resultant reports

Credit Risk Policies

• Work in conjunction with 1st Line in establishing and / or evolving those ACP’s relevant to the role holder’s areas of technical expertise, whilst ensuring these remain aligned to the Bank’s Credit Risk Appetite Statement. Ensure constructive challenge is given where appropriate.
• Providing guidance and support to the 1st Line in relation to the evolution, implementation and maintenance of their own processes, ensuring consistency and compliance with all Credit Risk policies.

Skills & Experience

• In depth understanding of the financial services sector with specific focus on Credit Risk.
• Strong capability in strategic thinking and developing solutions.
• Strong understanding of compliance and banking regulations and Conduct Risk and how to deliver fair customer outcomes.
• Strong understanding of Credit Risk appetite and Credit Risk management frameworks.
• Ability to operate effectively on senior management Committees.
• Demonstrating excellence, frankness, openness and transparency.
• Developing people to support them to be the best that they can be.
• Ability to develop strong and collaborative working relationships with all stakeholders.
• Inspire respect, trust and commitment to business objectives with well-developed leadership and people management skills.
• Demonstrates sound business/professional judgement through strength of character, independence of thought risk awareness and good values and behaviours.
• Works well under pressure with the ability to prioritise and manage multiple and complex projects simultaneously.
• High levels of drive, energy and personal commitment to success.
• Creativity and innovation.

Education/Professional Qualifications Shawbrook is committed to providing opportunities to all candidates and understand that not all candidates may possess a qualification or education aligned to the role. We will assess each candidate on their individual experience and skills, and not solely on level of education.

Key attributes

• Leadership qualities - an ability to lead by example, motivate and encourage others to optimise the Team / individual’s capabilities.
• Collaboration – work in partnership with all stakeholders, adopting a supportive, proactive and “can do” approach, whilst providing constructive challenge, with the ultimate objective of reaching a mutually agreeable outcome.
• Communication – exhibit strong communication skills, both verbally and written, with an ability to provide clear instructions and guidance, whilst possessing the ability to adapt the approach depending on the audience and / or circumstance
• Technical expertise – Possess strong technical knowledge of Credit Risk and experience of the specific asset classes for which the role holder is responsible for.

Your Wellbeing - We take your health and well-being very seriously by providing a range of benefits to give you and your family peace of mind. These include:

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