Credit Risk Manager

Credit Risk Manager
Cambridge Building Society
Function:
Risk
Reports to:
Chief Risk Officer
Grade: 3
Role Purpose
Second Line of Defence lead on credit risk matters for the Society, including regulatory framework and 1LOD support
Critical Success Factors
Embed three lines of defence for Credit RiskDevelop credit risk model to support lending decisions and risk managementOwn and redevelop watchlist process Establish framework for ongoing, value adding credit risk analysisDevelop mortgage credit risk stress testingImprove credit risk MI
Main duties within role (list is not exhaustive)
Act as the second line of defence for credit risk Embed of the three lines of defence model for credit riskDevelop the mortgage credit risk appetite and limits Second line of defence reviews of underwriting policy and residential lending policy Own and improve credit risk reporting for MCC, Risk Committee and BoardOwn the watchlist process, including reviews of commercial lending, high risk residential cases and arrears cases Support the development and improvement of the affordability modelDefine and carry out mortgage credit stress testingDevelop and embed a PD credit risk model for portfolio analysis, with potential for credit decisioning Conduct thematic and portfolio credit risk reviewsAuthor new business lending review and develop other lending review documents Carry out risk reviews of new product developmentsHorizon scanning and emerging risk analysis for mortgage credit riskArrears, forbearance and impairment analysisIdentify and implement regulatory change Support Finance team in impairment modelling Draft reports for MCC, Executive, Risk Committee and Board
Qualifications & Accreditations
Educated to degree level, or equivalent relevant experience
Skills & experience
Extensive retail credit risk experience, ideally mortgages
Experience of credit risk modelling
Knowledge of PRA and other regulatory credit risk requirements
Strong written and verbal communication skills
Behaviours
Excellent stakeholder management and a team player
Proactive, self-starter and strong attention to detail
Able to use technical expertise to support team members
Credible technical expert to support Executive, Risk Committee and Board
Regulatory Requirements
Support CRO as risk owner for Mortgage Book Performance
Member of Mortgage Credit Committee
#J-18808-Ljbffr