Head of Underwriting and Recoveries - London

Trilogy International
850.00 GBP Daily
08 Nov 2018
14 Nov 2018
Professional / Specialist
Contract Type
Contract / Interim

I am Looking for a Head of Underwriting and Recoveries to work for a London based Challenger based client of mine.

Please read the job description below and only apply if you meet ALL the criteria.

Head Of Underwriting & Recoveries

-I am willing to discuss this with Senior Underwriters or anyone with an extremely strong background in B2B Lending.

-Purpose of Role

To assist the Chief Credit Officer (CCO) in managing the credit risk and credit appetite of the bank.

Principal Accountabilities

  • Assist the CCO in the development and implementation of credit appetite policy.
  • Assist the CCO in the establishment of an appropriate credit risk environment.
  • Assist the CCO in determining concertation risk and policy
  • Define, plan and implement the arrears management strategy
  • Help define and implement a direct credit application process for Brokers, utilising appropriate credit data and analytical tools.
  • Ensure excellent service is given to Relationship Managers and brokers alike.
  • Ensure compliance with all mandatory policies.
  • Adherence to credit procedures to maintain internal credit controls.
  • Establish and actively manage a personal development plan.
  • Provide leadership and development in the creation and support of the credit team.
  • Ensure loans are appropriately documented and lien positions secured.
  • Help develop appropriate MI and KPI indicators and reporting.
  • 20+ years in lending and managing credit, credit teams and systems. Experience of decision making at Credit Committee level and Arrears Management.


10+ years in lending and managing credit, credit teams and systems. Experience of decision making at Credit Committee level and Arrears Management.

Capabilities and Competencies

Technical Awareness

  • Customer satisfaction and engagement
  • Effective communication internally and externally
  • Ensure timely turnaround on credit applications
  • In depth understanding of Accounts and cash flow projections
  • Entrepreneurial and a commercial knowledge of SME funding issues

Technical Strategy Knowledge

  • Ensure compliance to credit & risk policies and procedures
  • Proactive risk/issue management
  • Maintain and monitor concentration risk.
  • Monitor and report existing exposures
  • Ensure arrears are being pro-actively managed and reported.
  • Developed and detailed understanding of credit risk and concentration risk.
  • In depth knowledge of appropriate credit search and data tools to enhance the credit decision process.
  • Analytical and pragmatic approach to underwriting
  • Details understanding of and the appropriateness of all security documentation

Head of Underwriting/Resources/Credit/Risk/SME/Small to Medium Enterprise

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