Job Introduction
UKKO has functional responsibility for credit risk oversight, credit data and portfolio management.
The key stakeholders for the UKKO Risk Analyst are UKK Departments, the UK Credit Oversight Committee, UK Management Risk & Compliance Committee, Board & Risk Committee, UK Board, Districts, Branches, Chief Branch Office, UKR, UKD, UKQ, Internal / External Auditors and to support interactions with UK Regulators.
The UKKO Risk Analyst role is based TMS, but flexible working arrangements can be discussed based on individual circumstances.
Main Responsibility
- Keep abreast of any changes to credit policy and procedures, wider market or economic events and developments in the recovery / insolvency environment that might impact our portfolio, in order to escalate risks identified through customer, local portfolio and aggregated oversight and monitoring.
- Work with colleagues within UKKO, UKK and other UK Departments to develop and enhance credit management information (MI) in order to provide input into the design and calibration of Risk Tolerances and other portfolio monitoring metrics to increase visibility of actual and potential credit risks within the UK credit portfolio.
- Monitoring and analysis of the UK credit portfolio, to include exceptions and breaches of Credit Policy and Instructions. This will ensure the timely identification, assessment and monitoring of credit risks in accordance with policies and instructions.
- Support a specific Local Credit Team with additional oversight of credit risk MI and the coordination of risk management activities such as pre Watch List (aggregate 6) reviews, trend analysis and sector reviews including performing assurance and control testing.
- Conduct analytical reviews of risk management activities performed by their allocated Local Credit Team, in particular relating to watch list, forbearance and arrears reporting.
- Operate in line with the Bank's Risk Management framework (including sub-frameworks) and relevant risk and compliance policies and procedures, ensuring appropriate and timely escalation of any concerns to their line manager.
- Prepare reports and information for both internal management and Board risk committee’s and external stakeholders such as our auditors and regulators, this should include trend and sensitivity analysis to assess the overall UK lending portfolio.
- Participate in internal management risk committees when required, including the UK Credit Oversight and UK Credit Committee, to provide a summary on matters arising and emerging trends and / or risks.
- Monitoring and analysis of credit risk cases on the Watch Lists and in DEKT, in order to check adequacy of action plans, recovery strategies, impairment procedures and, if appropriate, provisioning levels.
- Credit risk examination of Watch List action plans.
- Supporting and coaching of staff in the Local Credit Teams on Watch List and collections & recovery matters.
- Provide guidance, support and training on the Bank’s systems and credit related documentation including KREDL, RAKT, DEKT, KOFK etc.
- Work with members of the Collections & Recoveries Oversight Forum, to bring support and suggestions that can assist with strategies for management of watch list customers.
The Ideal Candidate
- Highly analytical;
- Strong attention to detail;
- Sound knowledge of business control and analysis;
- Good knowledge of Microsoft Office tools, especially Excel, Access and Power Point;
- Structured work practise and a strong sense of administrative order;
- Strong communication skills.
Package Description
Competitive + Benefits
About the Company
Handelsbanken is a relationship bank with a decentralised way of working, a strong local presence thanks to a nationwide network of branches, and a long-term approach to customer relations. Each Handelsbanken branch operates as a local business enabling it to make decisions at a local level and provide a bespoke service. The focus is always on the need of the individual customer and not on the sale of specific products.
The Bank is deeply committed to embedding good equality and diversity practice into all of our activities. This is so that we are an inclusive, welcoming and inspiring place to work that encourages everyone to apply, regardless of socio-economic background, age, disability, pregnancy and/or parental status, race (including colour, nationality, and ethnic or national origin), veteran status, marital and civil partnership status, religion or belief, sex, gender reassignment or sexual orientation.