Job Description

About The Role



Let's grow together!



A Platinum Investors in People employer and an award-winning UK bank, focused on growth. Our customers include savers and businesses across the UK and, working together, we use our specialist expertise to help them achieve their ambitions and build a sustainable future. If you're an experienced Credit Risk Manager looking for an opportunity to work in a friendly environment, we're looking for you!



We're flexible, inclusive, committed to your wellbeing and passionate about you reaching your potential. Let's grow together ...



Purpose of the role



To consider underwriting referrals from all new business lines of the Paragon Banking Group that exceed local mandate authorities and those which are outside of Credit Policy.

To support the effective underwriting of Credit proposals across a breadth of residential buy-to-let, motor finance, residential property development and SME trading business sectors, either jointly approving within own personal delegated credit authority or supporting to Sanctioning Committee.

To undertake 2nd line quality assurance oversight of new and existing lending, applying a comprehensive risk assessment approach to ensure that key credit risks are identified, monitored and efficiently controlled.



Duties and responsibilities



Consider underwriting referrals from the Bank's various new business lines through the application of a Credit Committee mandate.

Review, assess and (where appropriate) restructure credit recommendations for approval or onward recommendation to Sanctioning Committee.

Complete 2nd line quality assurance oversight of new business applications by ensuring that the proposals being accepted are within the Bank's risk appetite.

Facilitate and chair monthly Credit Risk Review meetings between the business lines and Credit Risk.

Participate in lending initiatives and projects as they relate to Credit Risk.

Support the business lines in maintaining up to date and relevant policies & procedures.

Support the Procurement Team in the annual credit review of key suppliers.



About You

Skills

A minimum of 10 years credit underwriting experience across a breadth of lending sectors.

Direct experience of Asset Finance underwriting in the SME sector would be an advantage.

Demonstrate an ability to operate a Senior Underwriting mandate through an understanding of risk appetites, capital considerations and complex corporate lending structures/entities.

Ideally educated to degree level or equivalent.

Ability to work self-sufficiently on own initiative and effectively manage completion of own objectives.

A full and demonstrable understanding of the credit cycle through strong business awareness.

Attention to detail and excellent investigation/risk management skills.

Advanced report writing skills.

Effective communication, presentation, and people management skills.

Use of MS Office software for data analysis and review reports



Even if you don't meet all the criteria, we encourage you to apply. At Paragon, we value diversity and we're excited to hear from passionate individuals like you! If you're ready to contribute to the team, please apply.



Further information on the role can be found in the Purpose and Performance Profile (PPP), which is downloadable on this page.



Please note, applicants must have the right to work in the UK. We do not offer visa sponsorship.



Working Hours



Monday to Friday - 37.5 hours hybrid role, 2 days in the office.

Inclusion



As a Disability Confident Employer, we want to ensure that our vacancies are accessible for everyone. If you have a disability, long term health condition or are neurodiverse and need us to adjust our recruitment process please get in touch with our recruitment team.



About Us



What can we offer you?

Generous Holiday Allowance:

Starting from 25 days and climbing to 30, you also get to enjoy a day off for your birthday, Christmas Eve, and New Year's Eve. You can also buy or sell up to a week's leave

Share Save Scheme:

Annually, you have the opportunity to buy shares in Paragon at a discounted rate

Profit Related Pay:

We share some of our annual profit with our eligible employees

Pension Plan:

We contribute up to 10% of your annual salary towards your pension

Family Friendly policies:

We offer enhanced parental pay and paid time off for fertility treatment

Employee Discounts:

Enjoy exclusive discounts on entertainment, travel, shopping, motoring and more

Volunteering Day:

Contribute to causes you care about with one volunteering day per year

Life Assurance and Personal Accident Cover



Be flexible



We promote flexibility around how and where we work so that you can achieve a healthier work-life balance. We operate hybrid working, splitting our week between the office and home



Be yourself



As an equal opportunities employer, we welcome diversity and care about inclusion. That's why we want you to be your whole self at work. We believe an inclusive workplace is good for each of us, great for our customers and better for our business. Our Equality, Diversity and Inclusion Network meets regularly to share challenges, experience, and ideas to build a more equal, diverse, and inclusive business.



Be heard



We listen to your point of view, with our People Forum and regular employee surveys making sure you can use your voice and influence our future.



Be well



We will give you access to a range of tools and resources to support your wellbeing. This will include a digital GP service via our free Employee Assistance Programme, access to our Wellbeing team to connect you with the help you need to get more out of life and our Vitality at Work programme to provide you with discounted gym membership, fitness equipment and another multitude of wellbeing services.



Be better



We want you to reach your potential and, as a Platinum Investors in People employer, we'll encourage you to learn and develop by building a personalised development plan together with your manager.