Company Description

We’re Together – the market leading property finance experts with an entrepreneurial spirit. Based in Cheadle, South Manchester, we’ve been established since in 1974 and have built a team of over 750 colleagues, who are passionate about supporting individuals and businesses achieve their property ambitions by making finance work for them.

We pride ourselves on our common-sense approach to lending and offer a range of mortgage and secured loan products to individuals and businesses who are typically underserved by mainstream lenders. Our customers are central to everything we do and we work hard to support them to turn challenges into opportunities which make our customers' property ambitions a reality.

We’re looking for great people from all backgrounds and experiences who love working together and putting our customers at the heart of everything we do – and that starts with our brilliantly different team of people.

Job Description

As a Senior Credit Risk Manager, you will be responsible for the second line management of credit risk for the business. Leading a team of two, you will develop credit risk policies and related standards. Providing oversight and assurance to the Executive and Board that credit risk is being managed within risk appetite. Working with the Head of Credit Risk, you will develop credit strategies based on credit scores and cost of risk, integrating new data sources as they are developed.

As a Senior Credit Risk Manager, we are looking for someone to:

• Work closely with the Manager Credit Risk and first line team to compare Together’s lending approach to our peers to identify areas where pockets of credit risk could be developing; highlight these through governance and recommend appropriate controls
• Produce credit risk profiles for Exec and Board risk committees, working with the first line to ensure all material credit risks have been identified and mitigating actions (where required) have been defined and progressed
• Set, via the Board, credit risk appetites; identifying and managing portfolio level credit risks, key exposures and concentration risks
• Develop affordability and valuation strategies for all products, ensuring we meet all regulatory requirements and manage these risks within appetite
• Work with the Financial Risk Manager to ensure climate risks that cause credit risk are within appetite
• Work closely with the Manager Credit Risk (ECL and Scorecard Modelling) to align ECL provisions and credit risk management and develop the use of cost of risk across the business
• Work with first line to prepare in depth analysis on the credit performance of the loan book for Executive and Board committees
• Provide 2nd line oversight on the controls for large exposures and other concentration risks through appropriate structures
• Horizon scan for emerging credit risks and develop forecasting models, e.g. arrears forecasting

Qualifications

Essential

• Numerical background and strong analytical skills
• Experience of credit risk management within a secured lender
• Experience with analytical software, e.g. SQL, Python
• A solid grounding in data analysis using quantitative analytic tools and good research skills
• The ability to identify trends and interpret data from multiple sources and investigate anomalies and unusual patterns / activities
• Effective problem-solving skills and ability to make recommendations based on findings considering commercial and customer implications
• Excellent communication skills to articulate complex issues/analysis to senior management and interact with other teams across the business both orally and in writing

Desirable

• Experience of managing a small analytical team
• Experience of credit scoring and decisioning technology

Additional Information

Benefits working at Together

• 26 days holiday, and a day off for your birthday (increasing with service to 30 days), plus bank holidays
• Buy & sell holidays
• Discretionary annual bonus
• Matched pension contribution
• Life assurance
• Critical illness cover
• Health cash plan
• Private medical insurance
• Free access to company holiday homes
• Travel season ticket loans
• Ride to work scheme
• Free local gym access
• Local bar / restaurant discounts

Together Money embraces diversity and inclusion, and are proud to be an equal opportunity workplace. Not only do we welcome difference – we celebrate it, support it and really value our colleagues for who they are. We are committed to building a team that represents a variety of backgrounds, perspectives and skills.

We care that you have a great experience with us at Together, if you need us to make any reasonable adjustments to make your experience easier, please let us know and we’ll do all we can.

Please note that all successful applicants will undergo relevant employment reference, financial and criminal record checks.