Hello, we’re Zempler Bank, formerly Cashplus Bank. We’re here to make money simpler. We know that banking isn’t at the top of most people’s to do lists, that’s why making it less of a chore is at the top of ours. We don’t do banking the traditional way – the wrong way. We do banking that works for the people that need it, when they need it. We’re for the crafters, the grafters, and the self starters
We are a “Top 100 Best Companies” employer & Top 25 Financial Services businesses to work for in the UK. Our mission statement, which underpins everything we do, is to provide the UK’s underserved businesses with easy to access and simple to use banking services that helps them succeed.
The Role
Great risk oversight is about more than rules and models it’s about judgement, curiosity and collaboration.
We’re looking for a Head of Credit & Model Risk Oversight to provide independent second line leadership at Zempler Bank, helping to shape a culture where risk is openly discussed, well understood and responsibly managed.
In this role, you’ll provide oversight across Zempler’s secured lending products, including our SME and commercial lending portfolio, ensuring that credit and model risk frameworks remain robust, proportionate and fit for purpose as the Bank continues to grow.
You’ll work closely with colleagues across the business including Product, Lending, Finance and first line Risk teams offering thoughtful insight, constructive challenge and pragmatic support as new lending propositions are developed and existing products evolve. This includes supporting fair, sustainable outcomes for our customers across SME lending and secured lending portfolios, while balancing commercial ambition with sound risk management.
We welcome different perspectives and experiences, and we value people who are confident in their expertise, respectful in their approach, and motivated by doing the right thing for our customers, our colleagues and Zempler Bank.
Hybrid Working
We are very proud to offer one of the most flexible hybrid working arrangements in the industry!
The expectation for this role, will involve a minimum of one day each week – working out of our London Bridge office.
SMCR Certification Regime
This role falls within the Certification Regime under the Senior Managers & Certification Regime (SMCR) and has been designated as a Certified Function.
The role is certified because it is pivotal to driving Zempler Bank’s risk management agenda forward, proactively fostering a strong risk‑aware culture, and supporting the Bank in meeting Prudential Regulation Authority (PRA) expectations.
This includes engaging effectively with key stakeholders, overseeing and maintaining the effectiveness of the risk management framework, and supporting the achievement of Zempler Bank’s strategic objectives. The role holder is responsible for providing oversight of Credit Risk and Model Risk Management, including in relation to PRA regulatory matters, and therefore exercises significant influence over the safe and sound operation of the Bank.
Qualifications, Skills and Experience
- Deep subject matter expertise in credit risk management, with experience across SME lending and commercial secured lending (including real estate) within a retail banking (or equivalent) environment
- Strong understanding of IFRS 9 and Basel impacts on credit risk management and credit modelling for secured and SME portfolios
- Subject matter expertise in model risk management, gained in a retail banking (or equivalent) setting
- Experience of engaging with regulatory bodies and presenting complex risk matters to Board and Executive‑level committees
- Experience operating independently to ‘Head of’ level within a second line (or equivalent) role
- Demonstrable technical knowledge of credit risk frameworks, policies and monitoring approaches for secured and SME lending
- Experience developing, implementing and enhancing model risk management frameworks
- Experience building or scaling a Credit Risk or Model Risk function
- Knowledge of model development techniques and programming languages such as Python
- Competitive basic salary
- Additional benefit allowance representing 7.5% of your annual salary allowing you the flexibility to decide your own benefits (or simply absorb this into your monthly income).
- 26 days’ holiday increasing each year of service to 33 days
- Ability to buy and sell a further 5 days holiday each year
- Pension salary sacrifice
- Option for LinkedIn Learning license
- Family friendly policies
- Regular social activities and team events
- Charity Volunteering Day
Zempler Bank is an equal opportunity employer. Individuals seeking employment are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.
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