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Head of Risk - Credit Risk & Project Finance

Employer
Michael Page
Location
City of London, England, London
Salary
GBP95000 - GBP115000 per annum + 27% Pension
Closing date
14 Apr 2023

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Sector
Banking, finance and investment, Public sector and government
Salary band
£90,000 - £100,000, £100,000 - £125,000
Hours
Full Time
Where will they be working?
Hybrid - mostly home
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Job Details

Reporting into the CRO in a Head of Risk role, managing a large team, 2 departmental heads and managing a £55billion risk portfolio for an organisation crucial to the UK economy.

Client Details

Our client is a government owned organisation tasked with maintaining the UK's credit exposure and for supporting on trade deals outside of the UK.

Description

  • Responsible for the risk division which has responsibility for due diligence. risk approvals, project finance and insurance.
  • Working closely with the ESG and Climate Change Divisions, this role will lead on emerging methodologies and techniques to incorporate these factors into risk analysis.
  • Operate as a critical backbone for assessments and approvals.
  • Leading, supporting and motivating 5 teams, total of approx. 25 full time employees including Managers
  • Produce Probability of Default assessments by completing detailed quantitative and qualitative analysis of a counterparty's business, strategy and financial risk profiles.
  • Research and critique industry outlooks, positioning, strategic direction, and management capability
  • Speak with Credit rating agencies, credit sanctioners at Banks to provide a final recommendation.
  • Provide technical risk support and challenge to the front office when transactions are being structured and negotiated, ensuring minimal risk to the balance sheet.
  • Use commercial judgement and risk expertise when sanctioning proposed transactions, ensuring they are well negotiated and meet all relevant policy requirements.

Profile

  • Professional qualification: Qualified accountant, or Institute of Risk Managers (IRMCert)
  • Proven track record as a successful, senior risk professional, applying risk disciplines with high standards of delivery in a timely and cost-effective manner
  • Extensive credit risk management experience including the direct exercise of (significant) personal credit approval authority across a diverse range of asset classes.
  • Demonstrable knowledge and experience of working across multiple products and asset classes and of providing well thought through structuring solutions to complex financing.

Job Offer

  • Salary up to £117k
  • Flexible working patterns
  • Competitive Pension at over 25%
  • Season ticket loans
  • 25 days annual leave
  • Leave for professional and academic studies
  • Excellent opportunities for learning and development
  • Maternity, adoption or shared parental leave of up to 26 weeks full pay followed by 13 weeks of statutory pay and a further 13 weeks unpaid, and paternity leave of 2 weeks full pay
  • Opportunity to work in a UK institution critical to the success of the UK economy

Company

Michael Page specialises in the permanent, temporary and interim recruitment of qualified accountants. In fact, our organisation was founded to provide selection and recruitment services for accounting professionals and has been a market leader in this field for more than 35 years.

We have earned the trust of clients in industry and commerce, the banking and financial services markets and the public and not-for-profit sector. We also have an exemplary track record of completing assignments for everyone from small, boutique practices to the Big Four firms.

Michael Page has pioneered a unique, consultative approach to recruitment, enabling us to find the best fit between our client’s needs and the candidate’s experience and abilities. With an emphasis on delivering results and establishing long-term relationships, our consultants waive commission in favour of quarterly profit share – that means impartial career advice and an entire team pulling together on your behalf.

Many of our consultants have a background in accounting and finance – that’s real, grass roots expertise at your disposal. Combine that with the global reach you get from a company that has over 164 offices in 34 countries and you’re looking at a pretty formidable package.

We are confident no other consultancy is better qualified to help you make that crucial, next step in your career. Take this opportunity to browse our accounting, tax and treasury jobs to find out more about our specific expertise:
• Industry and commerce
• Financial services
• Public and not-for-profit
• Taxation
• Specialist markets
• Treasury
• Newly qualified ACA

Alternatively, if you're looking to hire, please send us a job brief or get in touch to find out how our track record could add value to your recruitment process”

Visit the Michael Page website for more information

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