Senior Credit Officer

United Trust Bank is a fast growing, diverse specialist lender. We are looking to hire a Senior Credit Officer who will be responsible for the control and reporting of Credit Risk in the Bank's

lending books by ensuring credit risk is mitigated as prescribed by the Bank and that lending is properly underwritten, managed and monitored. Objectives being:

• To minimise the risk of loss associated with lending by ensuring that the Bank's Credit Policy and Risk Appetite are being adhered to.
• To contribute towards the effective control and management of credit risk through independent, qualitative overview and assessment of key Credit and Market risks.

Responsibilities:

Credit Underwriting and Management -

• Responsibility for credit and risk management
• Member of Development Finance, Structured Finance and Bridging Credit Committees
• Provide own view in Committee and input to the Chairman on all proposals and comment on any pertinent issues
• To deputise for the Chairman at Credit Committee in the absence of the Head of Credit
• To provide objective and independent Credit risk expert advice to the Lending Units
• To provide market and portfolio insight at Credit Policy Review Committee
• Identify any deteriorating trends apparent in the Banks Lending Portfolios, articulating any concerns to the Deputy Head of Credit/Head of Credit in a timely fashion
• Liaison with the Deputy Head of Credit and other Senior Credit Officers to provide cover as and when required

Management of Credit Exposures -

• Credit signature to approve initial drawdown of loans at inception/completion
• Credit signature to approve drawdowns of works under monitoring surveyor certificates
• Authority to release funds for completions etc.

Asset Recovery -

• Assisting, as appropriate, the nominated Senior Credit Officer with the management of the recovery of any impaired assets

General Matters -

• Provide training to the Lending Teams where necessary
• Support the management, development and improvement of processes to optimise Credit risk effectiveness and efficiency, including credit approval processes
• Manage efficient and accurate file maintenance and account processing
• Production of management information for Senior Management as required and specifically in accordance with Procedures
• Contribute towards the preparation of Board papers as required
• Attend relevant Seminars to keep abreast of market developments

Skills and Experience sought:

• 10 year's plus experience in a Credit Risk function gained in either a Corporate or Commercial Banking environment
• Direct experience of Real Estate Credit Risk underwriting and Credit Risk Management including setting Credit parameters
• Experience of reporting and presenting to Senior Management
• Experience of underwriting and credit risk management in Asset Finance and Regulated Mortgages advantageous
• Highly developed knowledge of Credit Risk underwriting and management in UTB's sectors/asset classes, particularly the residential and commercial property market
• An understanding of the regulatory and legal framework pertaining to credit risk
• High level of commercial awareness in Credit
• Ability to deliver concise and succinct communications to colleagues, stakeholders and peers
• Strong negotiation skills
• Ability to deal with challenging situations and issues
• Problem solving, ability to consider alternative options and rationalise proposed solutions
• Sound knowledge of providing lending portfolio analysis