Operational High Risk Analyst

Handelsbanken is a relationship bank built on trust, long-term thinking and local decision-making. We provide bespoke banking and wealth management services to personal and corporate customers,Our decentralised model means decisions are made close to the customer, in our branches. Our central Functions teams play a vital role in supporting the branch network, providing the expertise, governance and infrastructure that enable branches to serve customers effectively and sustainably.

This approach had underpinned our success for decades. Handelsbanken is independently recognised as one of Europe’s safest commercial banks, holds the strongest credit rating among its peers and is consistently ranked highly for customer satisfaction and relationship banking.

Our culture is values-led, shaped by trust, respect, and long- term vision, want to grow and want to make a meaningful impact in their local community and with the Bank

We also recognise that flexibility can support people to perform at their best, and that it looks different for everyone. While arrangements will depend on the requirements of the role and the needs of the business, we are open to having a conversation around what flexibility could look like for you.

Check our Handelsbanken website for further information

UK Credit has functional responsibility for credit operations in the UK, ensuring that the Bank’s credit policy, process and culture is fully implemented in the branch network. UK Credit Management has functional responsibility for credit portfolio management, credit management information, portfolio oversight, including the management of the Bank’s Collections and Recoveries activities and management.

The key stakeholders for UK Credit Management are UK Credit teams, the UK Board, Board & Risk Committee, Districts, Branches, Chief Branch Officer, external and internal auditors, UK Credit Risk Control, Products, Compliance and external regulators.

The UK Operational High Risk Analyst is based in London or Manchester, but flexible working arrangements can be discussed based on individual circumstances.

• Act as subject matter experts (SMEs) that provide support and oversight for the management of high risks owned by the branch network.
• Hold functional responsibility for the implementation and embedding of adequate credit instructions, processes and controls in order to ensure adequate high risk management and oversight.
• Working alongside Branches and Local Credit Teams to develop a detailed understanding of high risk cases and work with the wider credit team to analyse and present information relating to the high risk credit portfolio.
• Identify emerging and thematic risks at local and aggregated portfolios.
• Provide support to regulatory horizon scanning and keep up to date with regulatory requirements on high risk/collections and recoveries aspects.
• Provide branches with support and challenge of customer watchlist strategies, action plans and forbearance solutions.
• Review and challenge Stage 3 Impairment tests and Stage 3 provision adequacy at customer level including scenario design and forward looking analysis.
• Undertake Unlikeliness to Pay, Impairment Testing and Default oversight. Including assessing the adequacy of controls on a customer and portfolio level.
• Oversee the appropriate implementation of forbearance and collections instructions, including management of complex, high risk cases.
• Provide training and guidance to branches in the management of high risk customers, including recognition of high risk trends and adherence to instructions to achieve good customer outcomes.
• Support the development and reporting of data derived from Watchlist portal in order to undertake analysis for both ad-hoc…