Vacancy at Birmingham Bank Ltd
Credit Risk Manager
Vacancy listed
07/08/2025
Application deadline
05/09/2025
Details
Company
At Birmingham Bank, we are unlocking opportunities. We are a new bank, building fresh from the roots up, and we are building banking differently. Over the next few years, we will be creating new savings and mortgage products, built on bespoke technology that’s truly useful. This is a new, better banking experience, so we need colleagues who share our progressive attitude: innovative problem solvers who deliver excellent value and build relationships. We believe in empowering people to bring their ambitions to life, whether that’s customers, intermediaries or our own colleagues. If you’re ready to open the doors to better experiences, we’d like to hear from you.
Responsibilities
As a Credit Risk Manager, you will support the assessment, monitoring, reporting and management of credit risk across our portfolios. You will analyze data, develop risk and loss models, and contribute to the creation of policies and strategies that ensure prudent lending while supporting business growth in a controlled and compliant manner.
Key Tasks
At Birmingham Bank, we are unlocking opportunities. We are a new bank, building fresh from the roots up, and we are building banking differently. Over the next few years, we will be creating new savings and mortgage products, built on bespoke technology that’s truly useful. This is a new, better banking experience, so we need colleagues who share our progressive attitude: innovative problem solvers who deliver excellent value and build relationships. We believe in empowering people to bring their ambitions to life, whether that’s customers, intermediaries or our own colleagues. If you’re ready to open the doors to better experiences, we’d like to hear from you.
Responsibilities
As a Credit Risk Manager, you will support the assessment, monitoring, reporting and management of credit risk across our portfolios. You will analyze data, develop risk and loss models, and contribute to the creation of policies and strategies that ensure prudent lending while supporting business growth in a controlled and compliant manner.
Key Tasks
- Conduct in-depth credit risk analysis on the portfolio to identify emerging risk, concentrations, trends and opportunities.
- Support modelling of and collaborate with Finance for PD, LGD, EAD and ECL requirements.
- Develop, maintain, and enhance credit risk models (e.g. scorecards, affordability, ICR, DSCR models) to support decision-making.
- Produce regular credit risk reports, Credit Committee decks and dashboards for senior management, investors, and regulators.
- Contribute to challenging and enhancing the credit risk strategy by evaluating loan performance data.
- Work closely with underwriting, sales, and finance teams to ensure risk appetite is operating within policy and appropriately reflected in lending decisions.
- Support the development and refinement of credit risk policies, lending criteria, and stress testing frameworks.
- Assist with regulatory and internal audits related to credit risk processes and controls.
Contribute to the implementation of new mortgage lending products, risk-based pricing strategies and credit risk mitigation initiatives.
Experience
Essential:
Experience
Essential:
- Proven experience in a credit risk role, ideally within the mortgage or financial services sector.
- Strong analytical and quantitative skills, with experience in data analysis and statistical techniques.
- Knowledge of UK buy-to-let mortgage market and lending regulations.
- Ability to present complex information clearly to non-technical stakeholders.
- Strong attention to detail and critical thinking skills.
Desirable:
- Degree or equivalent qualification in Finance, Economics, Mathematics, or a related field.
- Knowledge of 1st and 2nd charge, bridging and commercial lending
- Experience working with credit risk models or scorecard development.
- Proficiency in tools such as Excel, SQL, SAS, R, or Python.
- Familiarity with PRA/FCA regulatory guidelines for mortgage lenders.
- Experience in a fast-paced, high-growth lending environment.
Qualifications & Personal Characteristics
- Actively builds collaborative relationships with others to achieve joint goals and business value.
- Embraces change and can solve problems in a complex environment.
- Has a technical credit risk background in UK lending segments with an emphasis on secured lending.
- Is business-oriented and focuses on the customer.
- Takes a long-term approach.
- Has the courage to make decisions.
- Is innovative and proactive.
- Takes responsibility for their own development.
- Has high ethical and moral standards.
Contributes to the development of operations and colleagues.
Benefits
- Pension employer contribution of 8%
- Death in Service 4x salary
- Private Health Care – sole cover
- Holiday 26 days per year + bank holidays
- Gym passes (2 per week)
- Employee Assistance Programme, including up to 6 counselling sessions per year
- Corporate eyecare scheme (eye test voucher and money off prescription glasses if required solely for VDU)
- Bike to work scheme