Job Title:	Senior Manager, Group Credit Policy
Reference:	00013497
Salary:	£Competitive
Location(s):	London
Industry(s):	Banking
Advertiser:	The Royal Bank of Scotland
Employment Type:	Permanent
Posted:	09-03-2010

Description:

Description of the Department:

The Group Credit Policy team is part of Group Credit Risk and is responsible for:

Developing and implementing Credit Policy using a risk based approach appropriate to the Group’s activities and business ambitions.
Providing leadership, challenge and support to division in their delivery of robust policies and best practice.
Ensuring that credit policies are aligned with regulatory requirements.
Co-ordinating and providing credit input to the Risk Academy and Operational Risk reporting.


Scope of Role:

The role encompasses all the Divisions in the development, approval and implementation of Group Credit Policy.


Purpose of Role:



As a key member of the Group Credit Policy team:

To provide challenge and support for the Divisional credit policy functions in their delivery of robust and consistent policies and best practice.
To develop and implement Group Credit Policy using a risk based approach supportive of business ambitions.
To support effective and efficient communication of and compliance with Group credit policies.
Provide direction and support to divisional credit risk staff



Requirements

Skills and abilities required for the role

Analytical Thinking
Collaborating and Leveraging Relationships
Strategic Influencing
Communicating with Impact


Technical Knowledge:

Comprehensive understanding of Credit risk.
Good understanding of tools, techniques and methodologies used to measure and report on credit risk. · Good product level knowledge
Extensive understanding of the external operating environment, regulatory and legal practices.


Responsibilities

Development and approval of new and updated Group Credit Policies providing a qualitative expression of risk appetite through extensive collaboration with the relevant Group Portfolio and divisional experts.
Review and recommendation with regard to policy exceptions
Work collaboratively with the divisions to review, support and challenge Divisional policy proposals
Conduct relevant analysis and produce reports, discussion papers that set out recommendations for Executive approval with regards to credit policy
Ensure appropriate credit policy response to relevant regulatory developments


The Individual

Experience:

The job holder is required to have prior experience in:

Policy formulation or implementation
Working in cross divisional teams
Work in a front line and/or credit department role covering Corporate and/or Retail customers
Diverse operating environments e.g. experience in more than one division within RBS and/or other organisations
Retail Credit Risk management experience preferred
Other Significant Role Requirements:

Able to engage, communicate and influence effectively with experienced credit risk professionals and to develop good networks across Group and divisional risk
Able to develop pragmatic approaches that meet potentially conflicting demands of key stakeholders
Confident presenter
Able to write in plain English
Negotiation skills