Credit Risk Manager

An exciting opportunity has arisen for a Credit Risk Manager to join a prestigious foreign bank based in the heart of Central London. This is an office-based role offering salary £75,000 and benefits. As a Credit Risk Manager, you will be reporting directly to the Head of Risk Management and Regulatory Compliance, this role will provide essential support to customer-facing 'first line' business roles and collaborate with the Bank's risk committees, including the Management Credit Committee (MCC) and the Board Credit Committee (BCC). Key Responsibilities: ? Analyse mortgage and loan applications, assessing creditworthiness, financial background, and ability to repay. ? Appraise loan/mortgage product types, terms, conditions, pricing, and required covenants. ? Support customer relationship managers to ensure excellent service, prompt decisions, and clear communication of terms. ? Monitor, control, and report on loan portfolio performance, identifying trends and improving the credit risk profile. ? Prepare and present regular credit risk reports and management information. ? Maintain and update the bank's credit risk policies in line with market conditions and the bank's objectives. ? Monitor loan arrears, gather relevant information, and provide regular reports. ? Manage mortgage broker selection and oversight policies. ? Review underwriting and decision-making processes to ensure compliance with loan conditions. ? Review and assure credit risk model outputs, such as expected credit loss (ECL) and IFRS9 calculations. ? Conduct stress testing on the loan portfolio and support the bank's ICAAP process. ? Assist the Head of Risk Management and Regulatory Compliance and executives in regulatory matters and meetings. Key Experience: ? Previously worked as a Credit Risk Manager, Credit Risk Analyst, Credit Risk Officer or in a similar role. ? Background in credit risk management within a UK-regulated financial services setting ? Solid knowled