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We are inviting applications for Deputy Head of Credit for an international Bank based in city of London . This position is reporting Head Credit and Senior Management with in the Bank.
Deputy Head of Credit
DUTIES / JOB DESCRIPTION
Key
Accountabilities
路 Assess the creditworthiness of current and prospective Clients to determine the level of risk.
路 Write recommendation reports and present to Credit Approval Committee.
路 Approve credit proposals within delegated authority.
路 Evaluate a client's financial statements and credit reports to determine the ability to service debt obligations.
路 Assess the quality of credit proposals providing feedback to the frontline and Head of Credit.
路 Identify potential enhancements and streamlining to the credit application and approval process.
路 Ensure loan applications comply with the Bank's Credit Policy and Appetite.
路 Adherence to regulatory guidelines.
路 Take ownership of reporting requirements internally and externally in relation to the monitoring of credit facilities.
路 Act as a sounding board to the frontline on lending proposals.
路 Establishment of strong working relationships at all levels
路 Support the development of an appropriate risk culture within the business including providing support and training in credit risk analysis.
路 Credit structuring skills which are sufficiently robust to challenge proposed structures & suggest alternatives to improve risk mitigation.
路 Previous management experience is desirable
路 Liaison with Credit Administration, Remedial Management, Monitoring Unit, Finance, Compliance & Audit for processes relating to Credit Approval function
路 Provide training to Branch credit staff on corporate risk analysis, rating tools, financial analysis, and overall proposal preparation and review
Skills and Experience Required
* Minimum 7 years UK experience of approving loans to trading businesses (Hotels, Care Homes, Retail etc) and Real Estate (Buy to Let and Development)
* Sound decision making
* Effective verbal and written communication and collaboration skills.
* Effective presentation skills
* Regulatory compliance knowledge and understanding of industry best practices.
* Accuracy and attention to detail
* Ability to work independently and to tight deadlines
* Experience in producing MI using Excel
