458 Credit Management jobs in the United Kingdom

Director, Credit Risk Management

London, London BlackRock

Posted 3 days ago

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**About this role**
**Job Title:** Director, Capital Markets Credit Risk
**Description:**
**Business Overview:**
BlackRock's Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock's fiduciary and enterprise risks. RQA's principal responsibility is to ensure that the risks in BlackRock's portfolios are fully understood by our portfolio managers and senior management and are consistent with clients' objectives. We also help build "state-of-the-practice" quantitative models and analytics that help inform risk taking and portfolio construction across the firm. RQA team members tackle real-world problems, using a multi-disciplinary skillset to provide tangible solutions in the investment management process.
**Capital Markets Credit Risk Team:**
RQA's Capital Markets Credit Risk team is charged with actively managing global counterparty credit risk exposures in accordance with the firm's fiduciary mandate, which includes providing transparency to counterparty credit-related portfolio and firm-wide risks. The team works closely with BlackRock's securities lending business, applying its counterparty risk management expertise to support the firm's role as an Agent Lender. The team is also responsible for trading risk, helping trading management ensure that traders' execution strategies result in their intended outcomes.
**Role Overview**
We are seeking a seasoned credit risk professional to lead our **EMEA and APAC Counterparty Credit Risk team** . This role is pivotal in managing the counterparty credit risk exposure taken by our funds across broker/dealers, banks, and other financial institutions in these regions. The successful candidate will collaborate closely with global teams specializing in trading risk, counterparty risk, and securities lending risk. The role encompasses both fiduciary and enterprise risk management mandates:
+ **Fiduciary** : Protecting the interests of our clients by ensuring prudent counterparty credit risk management across their portfolios.
+ **Enterprise** : Safeguarding BlackRock's own exposure as an **Agent Lender** in the securities lending market, ensuring that enterprise-level risks are identified, assessed, and managed effectively.
**Key Responsibilities:**
+ Lead the EMEA and APAC Counterparty Credit Risk team, overseeing regional credit risk assessments and approvals.
+ Conduct detailed credit analysis of financial counterparties including broker/dealers, banks, and other non-bank financial institutions.
+ Provide guidance on relevant legal documentation negotiations, including ISDA, GMSLA, and MSFTA agreements.
+ Provide strategic input into risk appetite, limit setting, and escalation protocols for Securities Lending enterprise risk.
+ Apply statistical and quantitative methods to assess counterparty credit exposures, including stress testing and scenario analysis.
+ Develop and maintain strong relationships with senior stakeholders across securities lending, trading, legal, compliance, and portfolio management teams.
+ Mentor and manage a team, fostering professional development and high performance.
**Qualifications:**
+ Minimum 10 years of experience in finance, with a focus on capital markets and counterparty credit risk.
+ Strong understanding of capital markets trading risks and market practices, including derivatives, repo financing, securities settlement and securities lending.
+ Expertise in legal documentation relevant to capital markets (ISDA, GMSLA, MSFTA).
+ Proven leadership experience managing regional or global teams.
+ Familiarity with statistical models used in counterparty credit risk (e.g., PFE, CVA, stress testing).
+ Excellent communication and stakeholder management skills.
+ Bachelor's degree in Finance, Economics, or related field; advanced degree or professional certifications (e.g., CFA, FRM) preferred.
**Preferred Attributes:**
+ Experience working in a global asset manager or investment bank.
+ Ability to navigate complex regulatory environments across jurisdictions.
+ Demonstrated success in influencing senior decision-makers and driving cross-functional initiatives.
**Our benefits**
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
**Our hybrid work model**
BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
**About BlackRock**
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock ( | Twitter: @blackrock ( | LinkedIn: is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.
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Financial Risk Manager

London, London Hays

Posted today

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Job Description

Your new company
Global (Re)insurer (confidential)


Your new role
The role sits within the Risk & Compliance function and reports directly to the CRO, where you'll oversee the effective operation of the company's management of key financial risks relating to capital, liquidity, reserves/technical provisions, investments, pricing, reinsurance etc.


What you'll need to succeed
It's a great fit for someone with ideally 5+ years' work experience, from an actuarial background, who's looking to step into a strategic leadership role with real influence across the business.


Previous knowledge of financial risk management methods and principles is essential, but they are flexible regarding the candidate's background, so they could be from either a non-life or life background.


What you'll get in return
They can offer a competitive base salary of up to c. £85k (DoE) with excellent benefits and bonus.
Flexible working options available.

What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.

Desired Skills and Experience

Financial Risk Management
FRM
Actuary
General Insurance
Life Insurance

Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk

This advertiser has chosen not to accept applicants from your region.

Financial Risk Manager

CF10 1AA Cardiff, Wales £65000 Annually WhatJobs

Posted 5 days ago

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Job Description

full-time
A leading financial services firm is seeking a highly experienced Financial Risk Manager to join their esteemed team in Cardiff, Wales, UK . This critical role involves identifying, assessing, and mitigating various financial risks faced by the organisation, including market risk, credit risk, operational risk, and liquidity risk. The successful candidate will be responsible for developing and implementing robust risk management frameworks, policies, and procedures to ensure compliance with regulatory requirements and safeguard the company's financial stability. Key duties include conducting quantitative and qualitative risk assessments, modelling risk scenarios, and stress testing portfolios. You will prepare detailed risk reports for senior management and regulatory bodies, providing insights and recommendations for risk mitigation strategies. Collaboration with different departments, including finance, operations, and compliance, is essential to foster a strong risk-aware culture throughout the organisation. A thorough understanding of financial markets, financial instruments, regulatory landscapes (e.g., Basel III, Solvency II), and risk management methodologies is paramount. The ideal candidate will possess exceptional analytical, problem-solving, and decision-making skills, along with strong communication and leadership abilities. A relevant Master's degree in Finance, Economics, Statistics, or a related field, coupled with significant experience in financial risk management, is essential. Professional certifications such as FRM or PRM are highly advantageous. This is an excellent opportunity for a seasoned professional to take on a leadership role in a prominent financial institution.
This advertiser has chosen not to accept applicants from your region.

Financial Risk Analyst

DE1 1AA Derby, East Midlands £40000 Annually WhatJobs

Posted 9 days ago

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Job Description

full-time
Our client, a respected regional bank, is seeking a diligent and analytical Financial Risk Analyst to join their risk management department based in Derby, Derbyshire, UK . This role is vital in identifying, assessing, and mitigating financial risks across the organisation. You will be involved in developing and implementing risk models, monitoring key risk indicators, and ensuring compliance with regulatory requirements. The ideal candidate will possess a strong understanding of financial markets, risk assessment methodologies, and data analysis tools.

Key responsibilities will include:
  • Assisting in the identification and assessment of various financial risks, including credit, market, operational, and liquidity risk.
  • Developing and maintaining risk models and frameworks to measure and monitor risk exposure.
  • Analysing financial data to identify trends, anomalies, and potential risk factors.
  • Preparing regular risk reports for senior management and regulatory bodies.
  • Monitoring compliance with internal policies, procedures, and external regulations (e.g., Basel Accords).
  • Contributing to the development and implementation of risk mitigation strategies.
  • Performing stress testing and scenario analysis to evaluate the bank's resilience to adverse market conditions.
  • Collaborating with other departments, such as finance, treasury, and operations, to embed risk management practices.
  • Keeping abreast of changes in the regulatory landscape and industry best practices in risk management.
  • Utilising risk management software and data analysis tools effectively.
  • Supporting internal and external audits related to risk management functions.
  • Providing training and guidance to staff on risk-related matters.

The successful applicant will hold a degree in Finance, Economics, Mathematics, Statistics, or a related field. Previous experience in financial risk analysis, banking, or a related financial services environment is highly desirable. Strong analytical and quantitative skills, coupled with proficiency in Excel and SQL, are essential. Excellent written and verbal communication skills are required for report writing and stakeholder engagement. This is an excellent opportunity for a motivated individual to build a career in financial risk management within a supportive and stable organisation.
This advertiser has chosen not to accept applicants from your region.

Financial Risk Manager

London, London Hays

Posted today

Job Viewed

Tap Again To Close

Job Description

Job Description

Your new company
Global (Re)insurer (confidential)


Your new role
The role sits within the Risk & Compliance function and reports directly to the CRO, where you'll oversee the effective operation of the company's management of key financial risks relating to capital, liquidity, reserves/technical provisions, investments, pricing, reinsurance etc.


What you'll need to succeed
It's a great fit for someone with ideally 5+ years' work experience, from an actuarial background, who's looking to step into a strategic leadership role with real influence across the business.


Previous knowledge of financial risk management methods and principles is essential, but they are flexible regarding the candidate's background, so they could be from either a non-life or life background.


What you'll get in return
They can offer a competitive base salary of up to c. £85k (DoE) with excellent benefits and bonus.
Flexible working options available.

What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.

Desired Skills and Experience

Financial Risk Management
FRM
Actuary
General Insurance
Life Insurance

Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk

This advertiser has chosen not to accept applicants from your region.

Head of Financial Risk Management

EC2N London, London £100000 Annually WhatJobs

Posted 3 days ago

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Job Description

full-time
A prestigious international bank with a significant presence in London, England, UK , is seeking a seasoned and strategic Head of Financial Risk Management. This senior leadership position is responsible for overseeing the bank's comprehensive risk management framework, ensuring robust processes are in place to identify, assess, monitor, and mitigate financial risks across all business lines. The successful candidate will lead a dedicated team of risk professionals, develop and implement risk policies, and ensure compliance with regulatory requirements. This role requires extensive experience in financial risk management, a deep understanding of complex financial instruments, regulatory frameworks (e.g., Basel III/IV), and strong leadership capabilities.

Key Responsibilities:
  • Develop, implement, and maintain the bank's overall financial risk management strategy and framework.
  • Lead and manage the financial risk department, providing guidance and development to team members.
  • Oversee the identification, measurement, and monitoring of key financial risks, including market risk, credit risk, liquidity risk, and operational risk.
  • Develop and implement risk appetite statements and ensure adherence across the organization.
  • Design and implement stress testing and scenario analysis programs.
  • Ensure compliance with all relevant regulatory requirements and reporting obligations.
  • Advise senior management and the Board of Directors on risk management matters.
  • Develop and enhance risk models and methodologies.
  • Manage relationships with external auditors and regulatory bodies.
  • Promote a strong risk-aware culture throughout the organization.
  • Evaluate new products and business initiatives from a risk perspective.
Qualifications:
  • Master's degree or PhD in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
  • A professional qualification such as FRM, PRM, CFA, or equivalent is highly desirable.
  • Minimum of 10 years of progressive experience in financial risk management within the banking sector, with at least 5 years in a senior management or leadership role.
  • In-depth knowledge of financial markets, instruments, and risk management techniques.
  • Strong understanding of Basel III/IV and other relevant banking regulations.
  • Proven experience in developing and implementing risk policies and procedures.
  • Exceptional leadership, analytical, problem-solving, and decision-making skills.
  • Excellent communication, presentation, and stakeholder management abilities.
  • Ability to operate effectively in a high-pressure, complex regulatory environment.
This is a pivotal role for an experienced risk leader to shape the risk management strategy of a leading financial institution in the heart of London.
This advertiser has chosen not to accept applicants from your region.

Head of Financial Risk Management

CF10 3AT Cardiff, Wales £90000 Annually WhatJobs

Posted 8 days ago

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Job Description

full-time
Our client, a rapidly growing and reputable financial institution, is seeking a strategic and experienced Head of Financial Risk Management to lead their comprehensive risk function. This critical role, based in the heart of Cardiff, Wales, UK , will be responsible for developing, implementing, and overseeing the organisation's risk management framework, policies, and procedures. The successful candidate will ensure the effective identification, assessment, mitigation, and monitoring of all financial risks, including market risk, credit risk, liquidity risk, and operational risk. You will play a pivotal part in safeguarding the company's financial health and supporting its strategic objectives.

Key Responsibilities:
  • Develop and maintain a robust enterprise-wide risk management framework aligned with industry best practices and regulatory requirements.
  • Lead the identification, assessment, and quantification of financial risks across the organisation.
  • Design and implement effective risk mitigation strategies and controls.
  • Oversee the monitoring of key risk indicators (KRIs) and establish early warning systems.
  • Prepare comprehensive risk reports for senior management, the Board of Directors, and regulatory bodies.
  • Ensure compliance with relevant financial regulations (e.g., PRA, FCA).
  • Manage relationships with external auditors, regulators, and other stakeholders.
  • Develop and deliver risk management training programs to staff at all levels.
  • Lead and mentor the financial risk management team, fostering a culture of risk awareness and accountability.
  • Contribute to strategic planning and decision-making by providing expert risk insights.
Qualifications:
  • Master's degree in Finance, Economics, Mathematics, or a related quantitative field. Professional qualifications such as FRM, CFA, or equivalent are highly desirable.
  • Minimum of 10 years of progressive experience in financial risk management within the banking or financial services sector.
  • Proven expertise in market risk, credit risk, liquidity risk, and operational risk management.
  • Strong understanding of financial markets, instruments, and regulatory frameworks.
  • Demonstrated experience in developing and implementing risk management policies and procedures.
  • Excellent analytical, quantitative, and problem-solving skills.
  • Exceptional leadership, communication, and stakeholder management abilities.
  • Proficiency in risk management software and data analysis tools.
  • Ability to operate effectively in a high-pressure environment and make sound judgments.
  • This role requires full-time on-site presence at our offices in Cardiff, Wales, UK .
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Director of Financial Risk Management

NR1 1AA Norwich, Eastern £100000 Annually WhatJobs

Posted 19 days ago

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Job Description

full-time
Our client, a prominent international bank, is actively recruiting for a strategic and highly experienced Director of Financial Risk Management to oversee critical risk functions in Norwich, Norfolk, UK . This senior leadership role demands a comprehensive understanding of financial markets, regulatory frameworks, and robust risk management methodologies. You will be responsible for developing and implementing the bank's enterprise-wide risk management framework, ensuring compliance with all relevant regulations, and safeguarding the institution against potential financial threats. Key duties include leading the risk assessment process, managing credit risk, market risk, and operational risk portfolios, developing stress testing and scenario analysis capabilities, and providing expert advice to senior management and the Board. The successful candidate will possess exceptional analytical acumen, strong leadership qualities, and the ability to influence decision-making at the highest levels. A deep knowledge of Basel III/IV, IFRS 9, and other pertinent regulatory requirements is essential. You will also be instrumental in fostering a strong risk-aware culture throughout the organization. This role offers a hybrid working model, balancing critical office-based responsibilities with the flexibility of remote work, based at our Norwich headquarters.

Key Responsibilities:
  • Develop, implement, and maintain the bank's comprehensive risk management framework.
  • Oversee and manage all aspects of financial risk, including credit, market, liquidity, and operational risk.
  • Lead the execution of stress testing, scenario analysis, and capital adequacy assessments.
  • Ensure compliance with all applicable regulatory requirements (e.g., PRA, FCA, ECB).
  • Provide strategic guidance and reporting to senior management and the Board on risk exposures and mitigation strategies.
  • Develop and mentor a high-performing risk management team.
  • Enhance risk analytics capabilities and reporting tools.
  • Promote a robust risk culture across the organization.
Qualifications:
  • Master's degree in Finance, Economics, Mathematics, or a related quantitative field.
  • 10+ years of progressive experience in financial risk management within the banking sector.
  • In-depth knowledge of banking regulations and risk management best practices.
  • Proven experience in leading risk functions and managing complex risk portfolios.
  • Strong analytical, problem-solving, and strategic thinking skills.
  • Excellent leadership, communication, and stakeholder management abilities.
  • Professional certifications such as FRM or PRM are highly desirable.
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Senior Quantitative Analyst - Financial Risk Management

CF10 1AA Cardiff, Wales £80000 annum + bon WhatJobs

Posted 1 day ago

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Job Description

full-time
Join a prestigious financial institution as a Senior Quantitative Analyst, playing a vital role in sophisticated financial risk management. This position, based in our Cardiff, Wales, UK office, requires a deep understanding of financial markets, advanced statistical modeling, and robust programming skills. You will be responsible for developing, implementing, and validating complex quantitative models used for pricing, risk assessment, and portfolio optimization across various asset classes. This is an opportunity to work on challenging problems with significant impact on the firm's strategic decisions.

Responsibilities:
  • Develop, implement, and maintain quantitative models for pricing derivatives, assessing market risk, credit risk, and operational risk.
  • Perform rigorous back-testing and validation of existing models to ensure accuracy and effectiveness.
  • Analyze large datasets to identify trends, patterns, and correlations relevant to financial risk.
  • Collaborate with trading desks, risk management teams, and other stakeholders to understand business needs and translate them into quantitative solutions.
  • Develop and automate reporting processes for risk metrics and model performance.
  • Stay current with the latest academic research and industry best practices in quantitative finance and risk management.
  • Contribute to the enhancement of the firm's risk infrastructure and data management capabilities.
  • Communicate complex quantitative concepts and findings clearly to both technical and non-technical audiences.
  • Mentor junior quantitative analysts and contribute to team development.
  • Ensure compliance with regulatory requirements related to financial modeling and risk reporting.

Qualifications:
  • Master's or Ph.D. in a quantitative field such as Mathematics, Statistics, Physics, Economics, or Financial Engineering.
  • A minimum of 5 years of experience in a quantitative analyst role within the financial services industry.
  • Strong proficiency in programming languages commonly used in quantitative finance, such as Python, R, C++, or Java.
  • Expertise in statistical modeling, time series analysis, stochastic calculus, and machine learning techniques.
  • Deep understanding of financial markets, derivative instruments, and risk management principles.
  • Experience with financial data providers (e.g., Bloomberg, Refinitiv) and database management.
  • Excellent analytical, problem-solving, and critical thinking skills.
  • Strong communication and presentation skills, with the ability to convey complex ideas effectively.
  • Proven ability to work independently and as part of a collaborative team in a fast-paced environment.
  • Experience with regulatory frameworks like Basel III or Solvency II is a plus.

This role requires your presence in our Cardiff, Wales, UK office to foster close collaboration and ensure efficient operation.
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