AddressRisk Technical Specialisms, Control, Oversight & Assurance
Credit Risk Manager
Closing date for applications: 21/03/2024
Edinburgh, United Kingdom
Permanent
Full Time
#R-00229637
We’re building something better
This role is in NatWest Boxed
At NatWest Boxed, we’re a high performing team that’s always on the lookout for exceptional people. We encourage an inclusive and diverse working environment, where teamwork, input and collaboration is valued no matter your level.
Our people work differently depending on their jobs and needs. From hybrid working to flexible hours, we have plenty of options that help our people to thrive.
This role is based in the United Kingdom and as such all normal working days must be carried out in the United Kingdom.
Job description
Join us as a Credit Risk Manager
- We're looking for someone with expert credit skills to ensure careful risk consideration across our lending products.
- You'll be identifying, assessing and managing Credit Risks, while also designing and delivering a risk-based controls framework across Natwest Boxed
- You can expect to make a far-reaching impact in this role, as you provide a valuable capability to achieve a robust risk management culture across business and our clients
What you'll do
As our Credit Risk Manager, you’ll be working to maintain an effective management framework that helps us to identify, assess, manage and report Credit Risks. You’ll be making sure that the right customer and conduct outcomes are delivered in relation to our lending and credit policy, through processes and controls by working with Operations, Product and Technology teams
Throughout your role, you’ll be guiding Product and developing risk requirements to enable NatWest Boxed to go live with a range of credit products within risk appetite.
You’ll also be:
- Overseeing and challenging action plans and governance in relation to compliance with NatWest's Credit policy
- Helping to review credit-related product requirements and undertaking end-to-end policy reviews
- Providing feedback on the refinement, simplification and development of a first line Credit Risk management framework
- Overseeing activities across all business areas to ensure compliance with Retail Credit and business level policies
- Managing and reporting Credit Risk situations that have the potential to damage Credit Risk from a financial, reputational or regulatory perspective, including production, oversight and monitoring of escalatory procedures
- Developing and maintaining robust relationships with internal and external parties and stakeholders
The skills you'll need
We’re looking for someone with good knowledge of risk management and control processes in a financial services environment. You’ll be degree educated or hold an equivalent qualification, and you should also have a broad understanding of external regulations and their impact on a business.
You’ll bring this all together with:
- A good understanding of retail and commercial banking and technology issues
- Experience in Credit Risk management and an understanding of principles and processes
- An external understanding of regulation applicable to consumer credit including point of sale lending (i.e. BNPL)
- The ability to analyse complex credit matters and identify material Credit Risk issues to simplify and create risk management solutions
