Deputy Director Credit Risk & Portfolio Management

Role: Deputy Director Credit Risk & Portfolio Management

Location: Home / Field based, but may be expectation to visit offices in the SW region on ad hoc basis

IR35: Inside

Rate: £900/day (MAX)

Key Responsibilities and Accountabilities:

• Lead a team of 10 credit and investment specialists and 8 debt portfolio management experts to build and manage a portfolio of high risk, SME loans with mezzanine / structured finance features and controls
• Operate a personal delegation for credit, investment and arrears, default and recovery decisions, and any devolved delegation as required
• Support the Heads of Function for Credit and Portfolio, as direct reports, to systematise and codify precedent approach to responsible lending and debt management, working within the spirit of the FCA’s Treating Customers Fairly framework
• Act as the technical expert in credit and portfolio management, as part of the wider risk, assurance and governance architecture of the organisation
• Work as part of the senior leadership team of the Finance directorate delivering within a product-oriented, customer-insight driven organisation
• Engage across the Products and Services function, as part of the senior management team, and across the 3 Domains and the wider organisation, contributing to the growth and development of the organisation.
• Build effective working relationships with the senior leadership team and with our governing Board and other public stakeholders including the Department for Science, Innovation and Technology, and the British Business Bank
• Provide thought leadership in key public forums and expert representation in key government forums as part of the senior management team
• Attend Credit Committee as an executive member, offering professional opinion and insight to reach decisions alongside executive and independent members

Essential

• Qualified or demonstrating substantial equivalent experience in SME lending and/or investment decisions, in a fund, banking or alternative finance environment
• Degree qualified or holding a professional qualification in a relevant discipline
• Experience in originating and maintaining a portfolio of SME loan assets as a (stretched-) senior and/or mezzanine/structured finance lender
• Experience in a leadership capacity
• Proven track record in building, maintaining and leading a high performing team across several technical disciplines through consensus-building, empowerment and coaching
• Willingness and ability to flex mindset to deliver a portfolio which delivers on the innovation objectives and economic impact of the programme while achieving an overall balance of risk/reward consistent with the risk appetite established
• Experience of working with senior government stakeholders, developing and implementing policy initiatives in the context of Subsidy Control regulation and Managing Public Money contexts
• Experience in launching new financial products in the public/private sectors at scale, analysing and determining customer requirements and developing appropriate risk and finance strategies
• Evidence of having helped UK SMEs grow through new products and/or markets
• Understanding of fair value accounting in the context of IFRS9, including benchmarking of loan assets against industry standard models through the credit cycle
• Experience in working directly with clients, managing expectations and providing constructive feedback on credit decisions

• Desirable
• Knowledge of the end-to-end credit process from origination through to recoveries through administration and other enforcement processes
• Politically aware and with proven interest in Innovation policy and practice demonstrated through your professional or personal experiences
• Knowledge of process management and development, including cash management, forecasting and covenant review

Skills:

• Loan portfolio formulation, delivery and effective
• Collaboration skills
• Strong decision making skills,
• Stakeholder management
• Strong credit risk evaluation skills
• Strong technical and strategic (corporate) finance and risk management capabilities
• Excellent communicator and negotiator with public presentation skills
• Proven capability to build a team, develop and implement new initiatives within an organisation on a significant scale
• Ability, flexibility and willingness to thrive in a changing environment
• Highly self-motivated and able to lead on own initiative whilst in close co-ordination with the wider senior team

This is not an exhaustive list and you might be encouraged to undertake any other duties across the wider directorate, commensurate with the Band and level of responsibility of this post, for which the post holder has the key experience and/or training. Disability Confident

As a member of the disability confident scheme, CLIENT guarantees to interview all candidates who have a disability and who meet all the essential criteria for the vacancy. In cases where we have a high volume of candidates who have a disability who meet all the essential criteria, we will interview the best candidates from within that group.

Armed Forces Covenant

CLIENT is proud to support the Armed Forces Covenant and as such, we guarantee to interview all veterans or spouses / partners of military personnel who meet all the essential criteria for the vacancy. In cases where we have a high volume of ex-military candidates / military spouses or partners, who meet all of the essential criteria, we will interview the best candidates from within that group. 

If you qualify for the above, please notify us on (phone number removed).

We will be in touch to discuss your suitability and arrange your Guaranteed Interview.

Should you require reasonable adjustments at any point during the recruitment process or if there is a more accessible way for us to communicate, please do let me know.

To apply for this role please submit your latest CV or contact Aspect Resources on (phone number removed)