Co-Head of Credit Risk – Real Estate

We are looking for a Co-Head of Credit Risk – Real Estate to help grow our real estate lending businesses working alongside our Co-Head of Credit Risk – Trading Business. Together, you will provide senior credit leadership across our real estate and trading business lending, each bringing deep expertise in your area.

Based in London, you will help shape the real estate deals we do, the people we develop and how we work across the UK market, while keeping sound credit judgement at the heart of every decision.

This is a role for someone who wants to build, not just oversee. You will work closely with our Debt Finance Originators to understand customers’ ambitions and find the right structure for their transactions, making and sanctioning credit decisions and bringing an independent view to Credit Risk Committee.

The opportunity goes beyond individual deals. You will lead our Real Estate Credit Risk teams, oversee portfolio risk and help shape how we approach real estate credit as we grow internationally.

We also want your ideas. How could AI improve our analysis? Where could better data help us spot risk sooner? What should we stop doing so the team can spend more time on the decisions that matter? You will help turn those ideas into practical changes.

What you'll do Shape real estate credit across Oak North Work  with senior Lending and Credit Risk colleagues to support growth across all markets, with clear views on the opportunities we should pursue and the risks we should take.

Help shape our approach to real estate credit, combining consistent underwriting standards with an understanding of local markets, deal structures and regulation.

Stay close to transactions and the portfolio, and build the team’s capability as the business grows.

Credit decisions and sanctioning

Make and sanction decisions on new transactions, amendments and other material credit matters within your delegated authority.

Assess deal structure, leverage, cash flow, security, sponsor strength and downside risk.

Work with Debt Finance Originators from the early stages of a deal, helping shape terms and structures that work for the customer and meet our risk appetite. Provide clear, timely credit feedback and be direct when a transaction is not right for us.

Take responsibility for complex or higher-risk cases, including when information is incomplete or circumstances are changing.

Record decisions clearly, with a sound rationale.

Credit Risk Committee Play an active role in Credit Risk Committee and chair where appropriate, bringing a solutions-focused, commercial mindset and independent credit judgement to UK real estate decisions. Help shape our real estate credit appetite, find workable structures for good lending opportunities and keep decisions moving at pace without compromising credit standards.

Challenge the key assumptions and risks, including how individual deals affect portfolio concentrations.

Bring a clear view and be prepared to challenge senior colleagues.

Build and lead the team

Lead our Real Estate Credit Risk teams, giving people clear responsibility and expecting high standards.

Develop credit professionals who can think for themselves, form a view and stand behind a decision.

Coach colleagues through complex transactions and give future leaders the experience to take on more responsibility.

Bring the teams together across markets, and recruit and retain the people we need for our next stage of growth.

Use AI and data to improve credit workAI and technology should be part of how we do credit work, not a separate project. You will help the team:spend less time gathering information and preparing credit analysis and committee papersuse data to identify portfolio risks earlier automate repetitive tasks and test tools…