Credit Risk Manager | S3 | Risk Division Internal Mobility

Santander () is evolving from a global, high-impact brand into a technology-driven organisation
, and our people are at the heart of this journey.
Together
, we are driving a customer-centric transformation that values bold thinking, innovation
, and the courage to challenge what's possible.

This is more than a strategic shift.
It's a chance for driven professionals to grow, learn, and make a real difference
.

Our mission is to contribute to help more people and businesses prosper
. We embrace a robust risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

is responsible for effective management and control of material risk arising from Corporate & Commercial Banking, Business Banking, Chief Finance Office and Retail Banking. As the second line of defence, Credit Risk is independent from customer facing counterparts who are the first line of defence and responsible for Credit Risk originated through lending activity.

UK Credit Risk is looking for a Credit Risk Manager based out of Milton Keynes.

We're excited to be recruiting for a Credit Risk Manager to join us in the Large Corporate & Event-Driven Credit team. As a Credit Risk Manager, you'll be part of a close-knit and high-performing team.

The Large Corporate & Event-Driven Credit team provides independent risk analysis and sanctioning for mid-market private equity-backed transactions (LBOs), high-growth SME financing, Large Corporates, and Strategic Debt Solutions.

We're shaping the way we work through innovation, cutting-edge technology, collaboration and the freedom to explore new ideas. To succeed in this role, you will be responsible for:

• Analysing requests, producing high-quality credit analysis with a balanced view of the risks and a clear course of action.
• Sanctioning under own DA or providing recommendations to higher DA holders / Credit Fora or Committees
• Assisting and supporting colleagues and Head of Large Corporate & Event-Driven Credit incl. involvement / lead in projects.
• Developing and maintaining good working relationships with key stakeholders across Risk and Front Office.
• Providing guidance and advice to Front Office colleagues re risk appetite, structuring, and risk mitigation when required e.g. sightings / initial appetite discussions.

Our people are our greatest strength. Every individual contributes unique perspectives that make us greater as a team and as an organisation. We're enabling teams to go beyond by valuing who they are and empowering what they bring.

The following requirements represent the knowledge, skills, and abilities essential for success in this role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Background in or exposure to the UK corporate lending / structured finance market / cashflow lending (Required).
• Some background in or exposure to mid-market private equity-backed leveraged lending (LBOs) / high-growth entrepreneurial SMEs (ideally both) (Preferred).

• Banking / Business / Finance / Accounting related degree or similar (Preferred).

• Understanding of the corporate banking suite of products, including derivatives and other specialist products offered by the bank (Required).
• Some knowledge of banking documentation (Required) including LMA for Leveraged Finance (Preferred).
• Effective time management skills and the ability to prioritise workloads, meet deadlines and excellent stakeholder management skills (Required).
• Ability to make firm, independent decisions and provide clear,…