Due to continued growth our client is looking to appoint a Credit Underwriting Second Line Oversight Manager to manage the oversight of all Credit Risk position within the bank as well as underwiting issues and oversight responsibility in accordance with the risk appetite statement.

You will be expected to build a collaborative relationship with the 1st line of Defence Credit / Underwriting team as well as build Quantitative models for effective challenge of 1st line of defence outputs.

Key responsibilities:

• Provide Second line of defence review of the underwriting credit portfolio, in line with the bank’s credit risk policies & the Department’s Risk procedures.
• Primary Underwriting counterparty assessments
• Provide Second line challenge on loan approval process
• Provide Second line attestation on approval process
• Ownership of Model review and procedure review on aspects such (ECL,PD, LGDs, EADs)Scorecard Oversight & Quantitative Development
• Ownership of Loan Origination Policy
• Thematic reviews on underwriting process and controls
• Drive governance around model changes or updates, and ensure approval at relevant Risk committees
• Develop executive reporting, review reports
• Monitor and report on counterparty exposures
• Regulatory reporting oversight - second line review and approval
• Oversight and some preparation of regulatory reports
• Development, collation, preparation, and presentation of MI for Excomm, CRC, RACC, BRC and Board
• Monitor and report on all Large Exposure Daly positions - including daily monitoring
• Oversight of risk models operating in accordance with policy and use test - including annual review of model inventory
• Mentoring and managing junior members of the team
• Risk appetite statement
• Recovery plan and Risk Management Framework
• Model risk management (incl EUC) policy

Knowledge & skills required:

• Quantitative Modelling capability
• Entrepreneurial attitude, you think on a macro scale while managing micro-processes
• Advanced capability in Excel and other tools/systems (R, Python, C++, Java)
• Highly literate and numerate and able to convey messages in a succinct way
• Understanding of Risk Frameworks / Governance and Risk Policy
• Attention to detail and accuracy
• Experience of Risk Analytics and Modelling
• Be able to liaise with Executives, Board members & senior RCI HQ members
• Set & maintain high operational standards to satisfy management expectations
• Ability to manage staff, to bring out their best and develop them to the next stage in their career
• Demonstrable passion for continued professional and personal development
• Ability to build strong relationships internally with other departments, and influence others in a collaborative and positive manner

If this Credit Underwriting Second Line Oversight Manager opportunity aligns to your skills and experience and interests you, then please apply now. This is a hybrid role (2 days per week in the office) with highly competitive benefits (including a car and bonus).