Mortgage Credit Risk Manager

Salary: £30,000 – £40,000 per annum (dependent on experience) + benefits

The successful candidate will be responsible for managing all aspects of borrower-related credit risk on Hodge Lifetime’s mortgage portfolios.  They will also manage the relationships with third party providers to the Underwriting function. 

Key responsibilities will include:

• Developing and maintaining the Credit Policy on behalf of Hodge Lifetime.
• Reviewing and monitoring underwriting decisions made and reflect any lessons learned into the policy.
• Liaising with the Underwriting Team Leader to develop and implement appropriate credit underwriting processes, to ensure that credit assessment criteria are evaluated and measured on a consistent and accurate basis.
• Producing meaningful management information for presentation and review at the Retail Credit Committee.
• Approving complex cases which have been escalated by the Underwriting team.  Recommending out-of-policy cases to the Managing Director.

You must be able to demonstrate an understanding of the residential mortgage market and have relevant underwriting experience, ideally including a contribution to setting credit policy and underwriting guidelines.  Experience of collections and recoveries processes would be advantageous.  Also experience of lifetime mortgages is desirable, but not essential.

Candidates should have a proactive, success-driven attitude and be looking to add genuine value to the organisation.  You will have strong analytical and communication skills, and hold an appropriate professional qualification (CeMAP or equivalent). We will consider candidates seeking to take their first step into a managerial role as part of their personal development.