Head of Credit

Job Description

Job title: Head of Credit

Salary: up to 60k car allowance other benefits

Location: Hybrid in Wolverhampton

Key Responsibilities

• Lead the sanctioning team ensuring credit decisions are consistent well-judged and delivered within agreed service level targets while coordinating team capacity to meet operational demand.
• Act as the initial approval point for new loan appraisals and due diligence prepared by Business Development Managers ensuring applications are ready to progress through the credit process.
• Maintain and strengthen adherence to credit policy taking responsibility for reviewing and enhancing credit policies procedures and internal processes when required.
• Ensure all loan applications comply with the rules of relevant funding programmes and guarantee schemes.
• Provide coaching guidance and development support to the Business Development Manager (BDM) team.
• Support the Business Development function in onboarding and training new BDMs particularly in the preparation and presentation of loan applications.
• Provide training and professional development for members of the sanctioning team.
• Monitor macro-economic and political developments that may impact lending activities. Update credit policies appraisal processes and training materials accordingly.
  This may include identifying sector-specific risks and implementing tailored appraisal guidance and training.
• Contribute to the organisations strategic direction through insight from credit operations.
• Prepare and deliver management information and reporting as required.
• Support the preparation of funding applications.
• Promote continuous improvement contributing to the development of systems processes and operational practices while engaging in personal and professional development.
• Represent and promote the organisations services through attendance at networking events conferences exhibitions and industry activities.
• Comply with organisational policies and procedures including the Performance Management Framework and Equal Opportunities Policy.
• Work in partnership with the Portfolio and Compliance Manager to ensure systems processes and controls remain compliant with FCA regulatory requirements.

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