Location: Sheffield / London / Hybrid (Office Attendance 2 Days Per Week)

Contract: Permanent

Hours: Full time

Salary: Between £35,000 - £42,000 depending on experience and location

‘BBB introduced hybrid-working in 2020 and our colleagues work in our offices an average of 2 days a week, combining the benefits of flexibility, with time together with colleagues. The successful post-holder will need to be based a commutable distance from either our London or Sheffield offices.’

Benefits package:

• 30 days annual leave plus bank holidays, opportunity to buy and sell holiday
• 15% employer pension contribution,
• Performance related bonus
• Flexible working
• Cycle to work scheme, healthcare cash plan and life assurance
• Paid voluntary day, maternity, adoption, and shared parental leave
• Benefits designed to suit your lifestyle - from discounts on retail and socialising, to health and wellbeing, travel, and technology...and plenty more

THE ROLE

We are currently recruiting for a new Credit Manager to join our existing Start Up Loans Team.

The role of the Credit Manager will report into the Senior Credit Operations Manager within the Credit Operation at Start-Up Loans (SUL) – a subsidiary of the British Business Bank. Start-ups provide CCA personal loans (£500-£25k) for individuals to start or grow their business.

The purpose of this role is to support responsible lending for the Start-up Loan scheme for individuals/businesses who are furthest from finance. The role is split into 4 main areas of responsibility:

• oversight of credit recommendations by our Loan Assessors within our Business Support Partners (who act as Credit Brokers for the Scheme)
• managing and monitoring the Delegated Approval Authority framework under which partners make their lending recommendations
• creating performance MI and undertaking deeper dive analytical exercises for credit decisioning
• managing complex lending situations including appeals, escalations, and exceptions and making credit recommendations in these instances

To be considered for this role you must have extensive experience at lending either personal loans or business lending and have a strong understanding of credit risk strategies. You will be a self-motivated and organised individual, able to guide and train Loan Assessors through coaching and development and empowering them to make strong credit decisions. Acting as a subject matter expert, you will play a key part in managing credit quality across our external Business Support Partner Network, and thus excellent stakeholder management skills are essential to deliver the job requirements successfully.

The role holder will execute the BBB’s values and behaviours, bringing to life Committed, Creative and Collaborative.

Please click here to view the full job description

ABOUT US

The British Business Bank is a unique and exciting institution. Its mission is to drive sustainable growth and prosperity across the UK, and to enable the transition to a net zero economy, by supporting access to finance for smaller businesses.

Established in 2014, it is a 100% government-owned economic development bank but independently managed.

To deliver its programmes, the Bank works through more than 200 delivery partners such as high street, digital, specialist and challenger banks, venture capital and private debt funds and fintech platforms.

Currently, we employ around 550 people, split between offices in Sheffield and London.

Please note all candidates applying for this role should have the right to work in the U.K.