Job Introduction
Main Responsibilities
- Keep abreast of any changes to credit policy, collateral management policy and procedures, wider market or economic events and developments in the area of valuation that might impact our portfolio
- Provide subject matter expertise, monitoring and analysis in relation to the implementation of regulatory and policy related instructions
- Work with colleagues across UK Credit and other UK Departments to develop and enhance credit management information (MI) and reporting to increase visibility of actual and potential credit risks within the UK credit portfolio
- Support the Local Credit Teams with additional analysis of valuation related credit risk MI (including watchlist and impairments)
- Establish property valuation quality review procedures, to ensure the highest standards in property valuations conducted by the approved external valuers
- Perform property valuation quality reviews making sure they are well documented in line with agreed routines
- Escalate and report findings of quality reviews to Credit Teams and Credit Oversight Committee and our stakeholders in Group
- Undertake analysis of credit management activities such as annual reviews, control testing, insight sharing and portfolio/thematic reviews. Use these activities to support insight sharing and support training.
- Co-ordination of activity to ensure consistency of activity across property valuation and assess effectiveness of key control processes
- Oversight of operational implementation of instructions, including escalation to the Local Heads of Credit as necessary
- Ensure that data quality is sufficient relating to property valuation information held on all systems to support integrity of reporting
- Review data submissions relating to property valuation reporting and management, including from internal and external audit and regulatory requests
Ideal Candidate
Research (by Harvard University) shows that women are particularly likely to second guess themselves and not apply - so if you are worried you don't meet all the criteria, get in touch anyhow and let us do the worrying…
- Be a Chartered Surveyor (RICS) with suitable academic qualifications and practical experience in most areas of surveying. With a particular knowledge of valuation work, and an interest in the property market
- Need an understanding of the use of automated valuation models and property indices
- Ideally, should have a diverse geographical knowledge across the UK with experience in the residential and commercial property sectors
- A proactive and pragmatic working style and ability to work independently without supervision
- Excellent interpersonal/communication skills in both written and spoken English
- An analytical mind set with attention to detail and a methodical approach, together with a reasonable working knowledge of Word, Excel, and reasonable computer skills generally
Company Information
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.
Check our Handelsbanken website for further information
At Handelsbanken, we deeply value our unique culture and values including trust in and respect for each individual. We take pride in nurturing a work environment where people flourish, and where they are empowered to take decisions in their areas of expertise. We take a long term perspective in everything we do and want each employee who joins us to build a long terms successful career with the Bank.
What is in it for you?
- We have a wide range of learning and development available, empowering and enabling our colleagues to take ownership of their own development.
- Competitive Salary and an extensive range of benefits is provided, including private medical insurance, income protection and life assurance
- A market-leading pension contribution of 15% paid by the bank, which can be invested in a wide range of funds (including ESG and Shariah funds)
Application next steps
Your journey with us begins once you have submitted your application. One of our Handelsbanken recruiters will be reviewing your details and will later organise a phone conversation if you match the role requirements. If there is a mutual fit, we will extend an invitation for you to participate in an interview.
How can we support you to be your best self? Our Talent Acquisition team will be happy to provide support e.g. if you need additional time to prepare for an interview or you have any requirements for any part of the interview/hiring process – just let us know by email uk_talent@careers.handelsbanken.co.uk.
This advert will be live for a minimum of two weeks. However, please note that after the two weeks, the closing date could change at any time depending on the number of responses received.
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