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Senior Group Manager, Credit Risk

Employer
The Bank of New York Mellon
Location
Lambeth, UK
Salary
Competitive
Closing date
May 22, 2019

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Job Role
Risk Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Job Description - Senior Group Manager, Credit Risk (1906703)Job Description Senior Group Manager, Credit Risk (Job Number:1906703) Description Directs team(s) of professional staff and more junior managers (domestic and/or global) responsible for completing the strategy implementation, data analysis and reporting, risk and recovery management and process improvement activities of the Credit Analysis & Reporting and Credit Administration discipline. Implements the overall discipline strategy and policies as they apply to the assigned team(s), and contributes to plans and programs to implement changes and improvements. Completes discipline strategy changes to further improve compliance or become compliant with organizational policies and regulations. Continues to build knowledge of differences in regional laws, policies and regulations. Responsible for ensuring strategy changes for the assigned credit risk discipline are appropriately implemented in a timely manner across business units. Primary duty is as follows: Credit Analysis & Approval/Portfolio Management: Manages team(s) of professional staff and more junior managers (domestic and/or global) responsible for completing complex analyses of industry, country and counter party credit portfolios and credit portfolio quality. Establishes the Credit Analysis & Reporting strategy for the assigned teams in alignment with the global Credit Analysis & Reporting strategy and in partnership with applicable senior leadership. Establishes relevant policies, procedures and standards for completing legal documentation of Credit Analysis & Reporting processes and structuring term sheets and deals. Ensures the accuracy of documentation produced by the team. Regularly participates in meetings with clients, other banks, multi-bank credit facilities and senior peers within the industry. Helps to improve the quality of work completed by less experienced team members and assigns tasks. Establishes appraisal policies and procedures that are consistent with the Bank's risk appetite and comply with various complex regulatory requirements. May be in contact with senior regulators and government officials; appropriately escalates high impact issues raised by these contacts to management. Independently addresses issues with a moderate risk level and potential financial impact to the organization. Recruits, directs, motivates and develops professional staff and more junior managers, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team and/or lead. Provides feedback at the most critical times. Qualifications Bachelor s degree in accounting, finance, economics or related technical discipline, or the equivalent combination of education and experience is required. MBA, similar degree, or equivalent experience is preferred. Family Requirements: 12-15 years of total work experience, with 3-5 years of management experience, preferred. Prior experience/background in credit risk preferred. In addition, may require the following experience/skills based on primary duties: Discipline Requirements: Credit Analysis & Reporting: Formal credit training preferred. Credit Administration: Extensive familiarity with highly complex underwriting projects and credit administration systems typically used by financial institutions in order to direct teams across multiple regions responsible for the completion of these tasks. Primary

Location:
United Kingdom-United Kingdom-Greater London-LondonInternal Jobcode: 85153Job: RiskExperience Level: ExperiencedOrganization: Risk-HR06016

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