Robert Half

Head of Credit

Wales, Newport
£55 - £70 per annum + Benefits
14 Dec 2017
11 Jan 2018
James Fortnam
Job Role
Credit Manager
Qualification Level
Fully qualified
Professional Membership
Seniority Level
Head Of
Contract Type

Robert Half Finance & Accounting are recruiting for a Head of Credit for one of the UK's leading business finance providers in South Wales.

The Role

To lead the Credit team within a rapidly-growing, entrepreneurial business, ensuring delivery against the specific corporate objectives of the group and to ensure that first class Risk Management techniques are applied across the group.

  • Ownership and responsibility for lease portfolio risk management within the business with focus on credit risks and operational risks
  • In relation to the lease portfolio and asset origination:
  • To own the the Credit Policy ensuring that it appropriately serves the strategy of the business and effectively manages its risks
  • To ensure that efficient processes and adequate levels of resource are in place to turnaround credit proposals accurately and within agreed service standards
  • To ensure that all underwriting and credit scoring models are robust and regularly reviewed and achieve underwriting performance targets
  • Completion of Annual Credit Reviews on existing introducer sources
  • To own and lead the company's drive towards a first-class data quality environment, working closely with the IT team

  • Having held and used a personal credit discretion of at least £100k, you will exercise a delegated credit discretion and demonstrate the ability to recommend those where a higher credit authority is required. In this role, you will also:

  • Research, prepare and confidently assess credit applications through structured credit analysis
  • In assessing credit applications, you will demonstrate a strong understanding of the data provided, and as a confident communicator, you will be comfortable in conveying decisions to Introducers verbally and in written format
  • You will also liaise with various stakeholders in the business, introducer sources and where necessary directly with customers

  • Key result areas
    • To ensure that credit proposals are turned around within agreed service standards
    • To ensure that the company's automated underwriting objectives are achieved
    • To ensure that the company's arrears targets are achieved
    • To ensure that the company complies with all internal policy and external legislation
    • To ensure that risk to the lease portfolio is always monitored from front end credit and underwriting to portfolio analysis

    Skills and Qualifications:
    • Proven experience of underwriting transactions in a vendor or direct asset finance lending environment and having held a personal lending mandate
    • Experience in a senior management Risk position managing a team of underwriters
    • A detailed knowledge of the asset finance industry
    • An advanced understanding of the risks associated with asset finance lending
    • A detailed understanding of banking and asset finance laws including Data Protection, Anti Money Laundering, Consumer Credit Act, Companies Acts and related legislation
    • A thorough understanding of the UK equipment leasing market and participants
    • Proven ability to interpret financial statements and produce a clear written analysis including understanding a customer's cash flow

    Salary highly competitive: Circa £70k + Benefits.

    Robert Half Ltd acts as an employment business for temporary positions and an employment agency for permanent positions. Robert Half is committed to equal opportunity and diversity. Suitable candidates with equivalent qualifications and more or less experience can apply. By applying to this position, you acknowledge that you have read and accept the following terms: