Senior Credit Risk Manager - Motor Finance

Company Description

Shawbrook provides finance to a wide range of customer segments that value the premium experience, flexibility and certainly we deliver.  We are a purpose-led organisation, with a focus on delivering long-term sustainable value for all our stakeholders.

We have a diversified offering, with our innovative lending propositions tailored to meet specific customer needs in carefully selected markets across SME, Real Estate and Personal. Our products range from complex structured credit facilities for growth-focused businesses to mortgages for professional landlords and property investors, as well as simple loans for consumers delivered digitally.  We fuel our lending through customer deposits, which we attract by delivering a premium experience, choice and consistently great value to smart savers.

The business model we have created is unique and difficult to replicate, with our ‘best of both’ approach combining deep human expertise with advanced digital, tech and data capabilities.  This combination not only allows us to deliver excellent customer experiences, but to do so efficiently and at scale.  We are proud of our innovative and agile culture, which drives consistently high employee engagement scores and makes Shawbrook an attractive destination for the best talent. If you’re willing to roll up your sleeves, contribute new ideas and believe anything is possible, you’re our kind of person.

Work with us because you:

• Want to be part of a bank built for the dynamics of the modern world
• Relish a challenge and enjoy a fast-paced, innovative and hardworking culture
• Enjoy finding new and better ways to solve complexity and make things happen
• Want to belong to a diverse culture that stands shoulder to shoulder with minority and underrepresented groups
• Care about society and the environment and want to be part of a business that cares too
• Want to continue to grow professionally and be the best version of yourself

Job Description

We are seeking an experienced Senior Credit Risk Manager specialising in Motor Finance to join our team in London, United Kingdom. In this pivotal role, you will lead the development and implementation of credit risk strategies for our motor finance and unsecured lending portfolio, ensuring robust risk management practices whilst supporting business growth.

• Own the Risk Appetite and Key Risk Indicators for Acquisitions including early performance monitoring and customer affordability metrics, completing deep dives into any unexpected trends and recommending mitigating action where necessary
• Responsible for the decision strategies and policies for credit management and affordability assessment, using appropriate data, champion/challenger approaches and analytical tools. Regularly monitor industry developments and innovation to highlight new opportunities and ideas
• Lead the analysis of credit risk trends and patterns across motor finance and unsecured lending
• Collaborate with senior management to align risk strategies with business objectives
• Manage and mentor a team of credit risk analysts, fostering their professional development
• Conduct regular portfolio reviews and stress testing to identify potential risks
• Provide expert advice on complex credit decisions and policy exceptions
• Develop and present comprehensive risk reports to executive leadership

Qualifications

• Minimum 7-10 years of experience in credit risk management, with a focus on motor finance
• Proven track record in developing and implementing successful credit risk strategies
• Advanced knowledge of credit risk assessment methodologies and best practices
• Strong understanding of UK financial regulations and compliance requirements
• Proficiency in financial modelling, statistical analysis, and risk management software
• Excellent analytical and problem-solving skills with meticulous attention to detail
• Demonstrated leadership abilities and experience in managing high-performing teams
• Advanced user of either SAS or Python
• In-depth knowledge of the automotive finance industry and market trends
• Exceptional communication skills with the ability to present complex information clearly
• Strong decision-making capabilities, particularly in high-pressure situations

Additional Information

Your Wellbeing - We take your health and well-being very seriously by providing a range of benefits to give you and your family peace of mind. These include:

• Market leading family friendly policies such as access to our Maternity, Adoption and Paternity policies from Day 1 of your employment
• Free access to Headspace, a mindfulness & meditation digital health app
• Free access to Peppy digital health app that offers personalised support through fertility treatment becoming a parent or menopause
• EAP (Employee Assistance Programme) - Offering you support on a wide range of subjects including financial concerns, mental wellbeing and more general queries around family, work, housing, and health
• Cycle to work scheme
• Discounts on gym membership
• Contributory pension scheme & death in service

Your Lifestyle - It’s important you strike the right balance between your work and personal life. We provide benefits to support you when at work and when you’re enjoying your leisure time.

• Minimum of 27 days holiday per year
• Option to buy or sell holiday days through our flexi-holiday scheme
• Discounts on gym membership nationwide
• Access to discounts on a range of high street and online brands
• Community support and charitable giving

Your Contribution - We’re focused on rewarding those that go the extra mile in helping us achieve our goals.

• Participation in our annual discretionary bonus scheme designed to reward your contribution to our success
• Proudly Shawbrook recognition scheme focused on recognising our role models and thanking our colleagues for a job well done