Senior Credit Manager - Asset Finance

Barclays UK; Manchester; On-site; GBP 45,000 - 85,000; Full time

Job description

You will leverage your deep knowledge of asset finance to structure and approve credit applications, provide second-line oversight on asset valuation, and contribute to recession readiness frameworks. This role offers the opportunity to influence the development of the asset finance portfolio. Extensive experience in credit risk sanctioning within the asset finance field is required, along with considerable stakeholder management skills.

This role offers significant career growth opportunities, with potential paths to director-level positions. As the asset finance business is in its early stages, you will have the chance to shape its development and strategic direction at Barclays.

To be successful as a Senior Credit Risk Manager – Asset Finance, you should have experience with:

1. Extensive knowledge and experience in credit risk sanctioning within the asset finance field.
2. Proven experience in sanctioning credit for SMEs and mid-corporates.
3. Skilled in credit risk structuring and sanctioning across various industry sectors within the SME portfolio.
4. Effective credit assessment and decision-making for Business Banking customers and strategic asset finance partners.
5. Experience in asset valuation.
6. Experience in asset-specific depreciation curve modeling, analysis, and maintenance.
7. Expertise in overseeing and challenging asset realisation strategies and valuation methodologies.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role can be located from our Manchester, Redbrook, or Northampton office.

Purpose of the role

To assess and approve/decline credit applications based on established credit policies, risk appetite, and regulatory requirement and analysing financial information, evaluating creditworthiness, and recommending credit terms and conditions to ensure responsible lending practices.

Accountabilities

• Analysis of lending applications, financial statements, credit reports, and other relevant documents to assess the borrower's creditworthiness and repayment capacity.
• Monitoring the performance of approved lending, identifying potential risks and early warning signs of delinquency.
• Evaluation of the risk profile of each application considering factors like industry trends, borrower financials, collateral, and market conditions.
• Provision of independent credit decisions on lending applications, adhering to established credit policies, risk parameters, and regulatory requirements.
• Development and implementation of appropriate course of action for troubled lending, including workout plans, restructuring, or collections.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/processes; deliver continuous improvements and escalate breaches of policies/procedures.
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions.
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.