Managing matters pertaining to underwriting and credit risks independently and represent funder at the Underwriting Credit Committee and its Exceptions Lending Sub-committee (as chair).
Leading residential mortgage portfolio management from a funder standpoint.
Maintaining and enhancing portfolio composition analyses to identify build-up of credit and property risk concentrations within the portfolio (e.g. arrears, flood risks, low value properties)
Monitoring portfolio in the context of servicing arrangements between the lender and funder and develop recommendations/management actions to address any potential issues as appropriate
Leading internal stake holders to reach solutions to emerging risk and policy challenges such as climate change
Develop and implement the Firm's residential mortgage portfolio management framework in line with the firm's risk appetite. This will entail development and enhancement of lending limits.
What we're looking for
Deep understanding of credit and lending policies acquired through working at a residential mortgage lender, rating agency or mortgage risk advisory firm
Strong awareness of mortgage regulations and property market developments and opportunities
Experience in monitoring portfolios for lending risks and credit performance
Experience in equity release mortgage originations or risk management will be an advantage
