Senior Sanctioner Credit Risk

Risk teams operate across Barclays to protect its financial performance and reputation. As risk professionals, we have advanced technical skills across a broad range of disciplines. We take the lead in addressing issues including the potential implications of an economic downturn or financial crime, and in advising Barclays’ business leaders to facilitate informed, controlled and measured decision-making.

Overall purpose of role

• Managing all aspects of Structured Lending for Credit Risk within the Private Bank (“PB”) credit portfolio, including effectiveness of process and controls, managing overall risk profile of structured lending credit business, monitoring Risk Appetite utilisation and other Risk limits.
• Sanctioning credit transactions across the full suite of PB credit products; and providing sanctioning support to other PB Sanctioners covering primarily complex products and/or complex wealth/ownership structures.
• Leading on Structured Lending credit transactions from a Risk perspective, including complex transactions in both property (e.g. property development) and financials securities/assets (e.g. investment leverage on illiquid securities).
• Support the development of the structured lending product suite within PB, engaging with Front Line work streams and providing Risk input and challenge.
• Delivering credit decisions to support the strategic ambitions of PB whilst operating within the risk appetite framework set for the business through industry mandate and scale limits and adherence to credit policy and standards frameworks set by Group Risk.
• Monitoring changes in markets and business environments and proactively reacting to any change in the Credit Risk outlook.
• Assisting and supporting PB Chief Credit Officer in leading and developing a high performing and motivated team capable of meeting Future State requirements of the Business.
• Building and maintaining a strong partnership approach and collaborative culture with all key stakeholders in Coverage, Product, Middle Office and the wider Risk Function.
• Exercising daily sanctioning activity in line with discretion level assigned by PB Chief Credit Officer and producing high quality, clear and concise credit recommendations for high value and complex credit transactions to PB Chief Credit Officer and Group Senior Credit Officers.

Key Accountabilities

Credit Risk Management

• Provide an effective and efficient credit risk sanctioning service for PB Structured Lending, ensuring the highest standards of credit risk management across the PB Structured Lending portfolio including adherence to all governance, mandate and scale limits, credit policies, standards, and procedures and within a strong control and conduct risk framework at all times.
• Be accountable to the Head of Credit Portfolio, and re auditors, for all aspects of management of the Structured Lending Credit Risk book, its performance and quality.
• Add value using expert lender experience to support deal teams through early engagement and providing input into shaping and structuring transactions.
• Ensure timely identification of adverse risks within portfolio and early engagement / referral to Special Asset Management where appropriate.
• Represent Credit Risk and act as initial reviewer, contributor, and approver for all Structured Lending New Product Approval requests.
• Lead and participate in broader projects and initatives either for PB or Risk

Business Management

• Ensure effective communication of Structured Lending portfolio status and risk issues with strong collaborative partnership with all key stakeholders through a proactive contact programme with coverage teams and other key stakeholders.
• Develop a strong internal and external network of stakeholders, advisors and professionals, to optimize benefits, promote Risk and develop strategies and solutions in response to changing needs in the market place.

Stakeholder Management and Leadership

• Provide strategic direction, guidance, challenge, and support to inspire and drive high performance in individuals and in the wider PB Risk team to enable them to perform their roles to the highest levels of effectiveness.
• Ensure effective performance management, development, and succession planning for the risk unit consistent with our talent and diversity agenda.
• Create an environment that is stimulating and supportive to work within, which attracts diverse employees of the highest calibre and which is highly engaged with, and responsive to, its stakeholders.
• Role model exemplary leadership skills and the Barclays values. Passionately lead, manage, coach, develop and engage your team to exceed their business and personal objectives. Ensure that your teams support the Risk Transaction Cycle transformation and are empowered to embrace change. Actively support and encourage participation in the Diversity and People Strategy for Risk.

Person Specification

• Strong performance track record in leadership and credit risk management at senior level.
• Strategic thinker able to understand market trends and drivers and link concepts and theory into successful business execution.
• Excellent credit analysis and technical skills with proven record of strong commercial application.
• Deep understanding of behavioral drivers of corporate and private bank clients.
• Excellent product knowledge across Corporate, Private Bank, and Capital Markets.
• High level understanding of the macroeconomic factors in our chosen markets.
• Excellent Communication skills, written and oral. Can deliver positive and negative messages and explain technical subjects with clarity and influence,
• Ability to understand and adhere to the Bank’s policies in relation to People, Risk, Governance and Compliance.
• Well organised with the ability to lead multiple work-streams and meet tight deadlines.
• Personal resilience, comfortable with ambiguity, and leading change.
• Strong stakeholder skills – able to build cooperative relationships built on trust.
• Degree level or equivalent business experience.

Desirable Skills/Preferred Qualifications

• Experience in private bank, corporate bank, or investment bank.

Risk and Control Objective

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards

Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.

Respect

We respect and value those we work with, and the contribution that they make.

Integrity

We act fairly, ethically and openly in all we do.

Service

We put our clients and customers at the centre of what we do.

Excellence

We use our energy, skills and resources to deliver the best, sustainable results.

Stewardship

We are passionate about leaving things better than we found them.

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