Managing Director - Deputy Head of FI Credit

About the role:

As Senior Sanctioner with Material Risk Taker (MRT) responsibility and Deputy Head of Financial Institutions Credit, you'll get to support the Head of FI Credit across the entire department and inspire and lead the team of Credit Officers who look after an exciting and growing portfolio. The portfolio covers Fund Finance, Asset Managers & Pension Funds, Hedge Funds, Banks, Intragroup, Insurance, Securitisation, Specialist Finance, Clearing Houses, Exchanges and Intermediaries. You get to design and deliver Sector Strategies, Credit Policies and Processes to help manage your portfolio. You'll support and constructively challenge the business to build a long-term business.

We're looking for a trusted business partner who can be a role model across FI Credit and build strong relationships with key partners. As a senior leader within the team, you will have great development opportunity in your role as deputy for the Director, FI Credit, supporting the Credit and Business teams in resolving issues across all FI Credit sectors and covering for the department head in his absence.   

As a deputy head of FI Credit, you will have the opportunity to contribute your external market & product knowledge and experience across all the portfolios in the team, to support growth within agreed risk parameters.  You will also get to lead board papers and portfolio deep dives. You'll have the opportunity to lead a team of enthusiastic Credit Officers and work closely with highly reputable product partners and Coverage teams.

You'll be empowered to help set the Sector Strategies and Risk-Appetite for our portfolios and attend regular portfolio monitoring and oversight discussions with our Coverage partners. You'll be trusted to take decisions with a sizeable, delegated credit authority and Material Risk Taker status.

About the team:

FI Credit is a fun and exciting place to work. We're a friendly bunch, very curious, and we love asking lots of questions. We love to challenge existing ways of working and are always looking for ways to simplify and automate things, so we can focus on what matters. We collaborate closely with Coverage and Product teams and see ourselves as business enablers. We’re passionate about risk management, and we want to support our business partners to build a sustainable business with strong and long-term client relationships.

Experience wise, we’re looking for someone who has:

• At least 10 years credit experience across multiple FI Credit sectors.
• Held senior Credit Authority in past roles, including Material Risk Taker status, for all the FI portfolios and has formally led credit sanctioning teams.
• Experience in leading regulatory reviews and meetings with regulators.
• Experience of presenting at Board level.
• An excitement for presenting at Town Halls and large colleague forums.
• Experience of structured performance management of team members.
• Sound knowledge of the key portfolio sectors including sector trends, horizon risks and regulation.
• Excellent product & legal documentation knowledge of derivatives, lending and Securitisation structures.
• Led client due diligence calls and managed work-out cases.
• Strong external network across senior FI Credit peers to ensure we bring in external perspective and emerging trends
• Track-record in independent decision making and is able to communicate succinctly and efficiently in a clear and unambiguous manner.
• A passion for change, automation and simplification.
• A real excitement for supporting and promoting team members ensuring all team members have time for personal development, up-skilling and cross training.
• Great social skills and is keen to build trusted relationships with business partners.

About working for us:

Our focus is to ensure we’re inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We’re committed to creating a consciously inclusive workplace where our colleagues can be themselves, thrive and perform at their best.

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative. As an inclusive employer, we offer Workplace Adjustments for colleagues with a disability (which may include long-term health and neurodivergent conditions) where it is reasonable to do so. This could include flexibility with regards to office attendance, location, and working pattern. We are proud to be a Disability Confident Leader. If you have a disability, you can also apply via our Disability Confident Scheme (DCS). Through the DCS, we guarantee to interview a fair and proportionate number of applicants with a disability, whose application meets the minimum criteria for the advertised job role.

We also provide adjustments that are reasonable throughout the recruitment process to reduce or remove barriers for applicants with a disability, long-term health condition or neurodivergent condition. If you’d like an adjustment to the recruitment process just let us know.

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%

• An annual performance-related bonus

• Share schemes including free shares

• Benefits you can adapt to your lifestyle, such as discounted shopping

• 30 days’ holiday, with bank holidays on top

• A range of wellbeing initiatives and generous parental leave policies

If you’re excited by the thought of becoming part of our team, get in touch. We’d love to hear from you.