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Latest vacancies (updated 24 October, 2017)

Head of Credit

Responsible to: Chief Operating Officer

The Role

To lead the Credit team within a rapidly-growing, entrepreneurial business, ensuring delivery against the specific corporate objectives of HHF Group and to ensure that first class Risk Management techniques are applied across the group.

Responsibilities:

  • Ownership and responsibility for lease portfolio risk management within the business with focus on credit risks and operational risks
  • In relation to the lease portfolio and asset origination:
    • To own the HHF Credit Policy ensuring that it appropriately serves the strategy of the business and effectively manages its risks
    • To ensure that efficient processes and adequate levels of resource are in place to turnaround credit proposals accurately and within agreed service standards
    • To ensure that all underwriting and credit scoring models are robust and regularly reviewed and achieve underwriting performance targets
    • Completion of Annual Credit Reviews on existing introducer sources
    • To own and lead the company’s drive towards a first-class data quality environment, working closely with the IT team
  • Having held and used a personal credit discretion of at least £100,000, you will exercise a delegated credit discretion and demonstrate the ability to recommend those where a higher credit authority is required. In this role, you will also:
    • Research, prepare and confidently assess credit applications through structured credit analysis
    • In assessing credit applications, you will demonstrate a strong understanding of the data provided, and as a confident communicator, you will be comfortable in conveying decisions to Introducers verbally and in written format
    • You will also liaise with various stakeholders in the business, introducer sources and where necessary directly with customers
  • Ensure that the company complies with all internal and external legislation relating to the processing and acceptance of credit applications.
  • Make an effective contribution to the successful running of the business through strategic input to the Board, management and all other meetings
  • To provide excellent customer service to all internal and external customers
  • To manage all direct reports in line with group HR policies

 

Key result areas:

  • To ensure that credit proposals are turned around within agreed service standards
  • To ensure that the company’s automated underwriting objectives are achieved
  • To ensure that the company’s arrears targets are achieved
  • To ensure that the company complies with all internal policy and external legislation
  • To ensure that risk to the lease portfolio is always monitored from front end credit and underwriting to portfolio analysis

 

Skills and Qualifications:

  • Educated to at least A-level standard
  • At least 5 years proven experience of underwriting transactions in a vendor or direct asset finance lending environment and having held a personal lending mandate
  • A minimum of 3 years’ experience in a senior management Risk position managing a team of underwriters
  • A detailed knowledge of the asset finance industry
  • A detailed knowledge of balance sheet analysis and interpretation
  • An advanced understanding of the risks associated with asset finance lending
  • An advanced knowledge of asset finance products
  • A detailed understanding of banking and asset finance laws including Data Protection, Anti Money Laundering, Consumer Credit Act, Companies Acts and related legislation
  • Previous experience in a fast-paced credit environment with significant exposure to leasing and asset finance
  • A thorough understanding of the UK equipment leasing market and participants
  • Experience of discussing accounting information on a face to face basis with customers to obtain additional information
  • Proven ability to interpret financial statements and produce a clear written analysis including understanding a customer’s cash flow
  • Excellent analytical and numeracy skills
  • A hard-working attitude, you will work well under pressure and provide timely and accurate solutions to business opportunities and challenges
  • You will always display commerciality and have strong analytical, organisational, negotiation and influencing skills
  • Excellent written and verbal communication skills, and can effectively tailor communications to a diverse range of business and customer stakeholder groups
  • An enthusiastic team player, with a flexible work approach and desire to succeed

To apply for this vacancy please forward your CV and covering letter to manderson@hhf.uk.com