Deputy Director Credit Risk & Portfolio Management (Basé à London)

On behalf of UKRI, we are looking for a Deputy Director Credit Risk & Portfolio Management (Inside IR35) for a 6-month contract, field-based, working remotely within an expectation to visit offices as and when required in the Southwest area.

UK Research and Innovation (UKRI) is the national funding agency investing in science and research in the UK.

UKRI invests £8 billion of taxpayers' money each year into research and innovation and the people who make it happen. They work across a huge range of fields - from biodiversity conservation to quantum computing, and from space telescopes to innovative health care. They give everyone the opportunity to contribute and to benefit, bringing together people and organisations nationally and globally to create, develop and deploy new ideas and technologies.

As a Deputy Director Credit Risk & Portfolio Management, your main responsibilities will be:

1. Lead a team of 10 credit and investment specialists and 8 debt portfolio management experts to build and manage a portfolio of high risk, SME loans with mezzanine / structured finance features and controls.
2. Operate a personal delegation for credit, investment and arrears, default and recovery decisions, and any devolved delegation as required.
3. Support the Heads of Function for Credit and Portfolio, as direct reports, to systematise and codify precedent in Innovate UK's approach to responsible lending and debt management, working within the spirit of the FCA's Treating Customers Fairly framework.
4. Act as Innovate UK's technical expert in credit and portfolio management, as part of the wider risk, assurance and governance architecture of the organisation - and provide similar support to UK Research and Innovation, as required.
5. Work as part of the senior leadership team of Innovate UK's Innovation Finance directorate delivering within a product-oriented, customer-insight driven organisation.
6. Engage across the Products and Services function, as part of the senior management team, and across the 3 Domains and the wider organisation, contributing to the growth and development of the organisation.

Essential:

1. Strong technical and strategic (corporate) finance and risk management capabilities.
2. Strong credit risk evaluation skills.
3. Loan portfolio formulation, delivery and effective proven capability to build a team, develop and implement new initiatives within an organisation on a significant scale.

Desirable:

1. Knowledge of the end-to-end credit process from origination through to recoveries through administration and other enforcement processes.
2. Politically aware and with proven interest in Innovation policy and practice demonstrated through your professional or personal experiences.
3. Knowledge of process management and development, including cash management, forecasting and covenant review.

Please be aware that this role can only be worked within the UK and not Overseas.

Disability Confident

As a member of the Disability Confident Scheme, UKRI guarantees to interview all candidates who have a disability and who meet all the essential criteria for the vacancy. In cases where we have a high volume of candidates who have a disability who meet all the essential criteria, we will interview the best candidates from within that group. This scheme encourages candidates with a disability and/or neurodivergence to apply. In exceptional circumstances, we may also need to apply the desirable criteria in our shortlisting process which may include holding active security clearance.

Armed Forces Covenant / Commitment

UKRI guarantees to interview veterans or spouses / partners of military personnel who meet all the essential criteria for the vacancy. In cases where we have a high volume of ex-military candidates / military spouses or partners, who meet all of the essential criteria, we will interview the best candidates from within that group. In exceptional circumstances, we may also need to apply the desirable criteria in our shortlisting process which may include holding active security clearance.#J-18808-Ljbffr