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Credit Risk Manager

companyPension Protection Fund (PPF)
locationCroydon, UK
PublishedPublished: Published 1 week ago
Risk Modelling
The vacancy

We're the Pension Protection Fund (PPF). We protect millions of people in the UK who belong to defined benefit pension schemes. When these schemes fail, we're ready to help.

We do this by paying our members, by charging a levy and by investing sustainably. Our work has a real impact on people's lives, so we strive to do it well, with integrity and their future in mind.

We're equivalent in size to a top 5 UK pension scheme and have developed a highly sophisticated, best-in-class investment strategy. Our culture combines private sector standards with a public service ethos.

The PPF is proud to be partnering with Career Returners to seek a Credit Risk Manager. We welcome professionals who have taken an extended career break to apply for this role.

Successful hires who have taken a career break of 2+ years will receive coaching support through the transition period from Career Returners. You may have taken time out for childcare or eldercare, for relocation, or for other reasons. You may have been working on a small-scale basis to fit around your other commitments or have not done any paid work for a number of years. We are absolutely committed to having an inclusive environment. Improving the diversity and depth of experience of staff is something that we're passionate about.

We're looking for a Credit Risk Manager to join our 2nd Line of Defence function that is responsible for the design, development and implementation of an independent credit risk framework.

The Credit Risk Manager's role is to support the underwriting process and day-to-day counterparty credit risk management of a portfolio of vanilla and complex lending transaction, providing independent credit risk opinions and rating recommendations to rating/investment committees, senior risk officers, and front office management.

Our ideal applicant will have extensive experience in Credit Risk Management, with a focus on Corporate Credit risk and/or Structured Finance, they will be able to demonstrate experienced in drafting Credit Risk reports for presentation at Rating Committees. Interpersonal skills are essential for this role, including effective relationship management, delivering a successful business partnering approach, and strong communication skills, with the ability to interpret complex information to a varied audience.

The PPF is a diverse and inclusive place to work, we are open to applicants from all backgrounds, including returners to the workplace. We would encourage applicants to apply for the role if they are looking for a supportive workplace where we will support you to be the best version of yourself.

Sound like you? Apply now.

In return for your skills, experience and commitment we'll give you a challenging role within a business where you'll get the support you need to develop your career.

We'll also give you lots of opportunities for personal development and skills training.

Our Croydon office is just across the road from East Croydon station, which is around 15 minutes from Victoria or London Bridge, 10 minutes from Clapham Junction or half an hour from St Pancras.

We're proud to be a Disability Confident Leader, the highest accreditation under the Disability Confident Scheme. If you have a disability and meet the essential criteria for this role you will be guaranteed an interview.

We embrace diverse talent welcoming people with different beliefs, backgrounds and ways of working. Whatever your background, and however you identify, you'll be welcome here.

We're happy to talk about flexible working

No agencies please

Who we are

We're a statutory public corporation led by our board and accountable to Parliament through the Secretary of State for the Department for Work and Pensions. It's our duty to protect people with an eligible defined benefit pension when an employer becomes insolvent.

We're proud of the work we do. Without us, many people would face significant financial hardship. We're also proud of our people, all of whom are committed to our mission and to serving over 230,000 members.

What we do

Careers (General)
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Careers in Investment Department
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Some of our Benefits

Defined benefit or defined contribution pension

Private medical insurance

Health cash plan

Corporate discretionary bonus scheme

Cycle to work scheme

EASIT rail travel discount

Flexible / hybrid working

Volunteer days

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