Credit Quality Assurance Manager

This role plays a crucial role in ensuring that credit risks are appropriately monitored and managed. The Credit Quality Assurance Manager is expected to ensure robust support and comprehensive oversight of credit risk management.

Allica's Risk Department forms the 2nd Line of Defence (2

LOD) and provides robust support, insightful challenge, and comprehensive oversight to the 1st Line of Defence (1

LOD).

• Develop and implement credit risk assurance plans and methodologies.
• Provide oversight and document findings on 1
  
  LOD's compliance with credit policy and lending standards, recommend improvements and support mitigation efforts.
• Set governance requirements for credit assurance, including business self‑assurance for first‑line underwriting teams; provide regular monitoring and reporting across all portfolios.
• Provide an integrated view of the bank's credit risk profile through development of comprehensive reporting, assessment of credit quality performance, emerging issues, and recommending necessary actions.
• Liaise with key business stakeholders to support the maintenance of a credit assurance programme that covers thematic reviews, ad‑hoc requests on individual files or portfolios and communicate material issues and/or non‑compliance with approval conditions.
• Review and set key assurance risk metrics, including credit quality at origination and in‑life stewardship, governance for use of delegated lending authorities, issue management, policy compliance and implementation.
• Provide independent validation of credit quality across the bank's total portfolio and, where required, be part of the due diligence team for any potential portfolio acquisition.
• Validate activity should assess the financial and operational performance of new and existing business and compliance with regulatory requirements.

• Deep understanding of credit risk within SME markets.
• Experience and knowledge of credit risk management frameworks.
• Experience working in a fast‑paced environment using credit data, credit policy, lending standards and risk appetite to assess qualitative and quantitative outputs.
• Knowledge of risk models such as PD and LGD and an ability to translate outputs into a clear report that can be used with stakeholders.
• Knowledge of a bank's regulatory environment and ability to identify where to seek guidance and support.
• Familiarity with all risk types across a bank and ability to provide reasoned challenge.
• Flexible to adapt quickly to changing priorities within a very dynamic environment and work well with stakeholders across the business.
• Established self‑starter and ability to work under own guidance.
• Collaborative style of working, using the experience of the wider team.

• Full onboarding support and continued development opportunities.
• Options for flexible working.
• Regular social activities.
• Pension contributions.
• Discretionary bonus scheme.
• Private health cover.
• Life assurance.
• Family friendly policies including enhanced maternity and paternity leave.