Full-Time
Senior Credit Executive
iFAST Global Bank
No salary listed
London, UK
Hybrid
At least 60% of working time must be spent in the office; hybrid working applies after successful probation.
Bachelor's, Master's
Category
 Finance & Banking (1) |
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Required Skills
Power BI
Microsoft Office
Data Analysis
Requirements
- At least 2 years of credit analysis and credit risk management experience.
- A bachelor's or master's degree, preferably in business, finance, or accounting.
- Good understanding of credit risk.
- Proven analytical, research, and problem-solving skills with high attention to detail.
- Ability to maintain focus and discipline under minimum supervision.
- Advanced knowledge of Microsoft Office.
- Familiarity with artificial intelligence tools and the ability to use them productively.
- Strong work ethic.
- Ability to work on time-sensitive tasks, coordinate with UK and overseas colleagues, plan effectively, react quickly and professionally to resolve issues, and manage multiple matters.
Responsibilities
- Conduct onboarding and credit assessment of corporate customers and recommend credit limits for approval.
- Assess life insurance policy products in line with the established assessment framework.
- Act as the first line of defence in managing credit risk in the lending business.
- Review, challenge, and recommend credit limit allocation requests for approval within the authority and scope of the Lending Division.
- Work with Risk to support credit risk monitoring and reporting.
- Monitor product and customer performance through existing reports and collaborate with bank and group stakeholders to manage risks.
- Prepare new product introductions and conduct Consumer Duty and risk assessments.
- Participate in relevant lending product project working groups.
- Identify and formulate user requirements with the Division Head.
- Liaise with the project manager and relevant departments to ensure timely progress on product development and implementation schedules.
- Participate in user acceptance testing and follow up on remediation and enhancement actions.
- Contribute to reporting enhancements and analytics development with internal and group information technology teams, including information technology project teams and the Power BI team.
- Prepare inputs for executive committee packs.
- Monitor product performance from a Consumer Duty perspective and provide updates for the Consumer Duty management pack.
- Collate and analyse customer feedback from multiple channels, propose solutions and enhancements, and follow through to implementation.
- Ensure product terms and conditions and key features documents are current and revised promptly for new product features.
- Contribute to the Consumer Duty dashboard enhancement so relevant lending product and customer parameters are captured and acted upon.
- Contribute to improving existing and creating new product methodologies, policies, and procedures.
- Maintain the review schedule and ensure lending policies and procedures are up to date.
- Maintain the inventory of lending policies and procedures and keep the lending section of the Master Key Policy Tracker current.
- Perform other duties within Lending and risk management as required by the bank.
- Collaborate with colleagues across departments and the wider iFAST Group, contribute to projects, and perform ad hoc assignments.
- Adhere to conduct rules and the bank's policies and procedures.
- Complete assigned training on time and apply a Consumer Duty lens to products and activities.
Desired Qualifications
- A bachelor's or master's degree in business, finance, or accounting is preferred.