Executive Director ABL/Private Credit Securitization Credit Risk

The position is responsible for managing credit risk within the second line of defence (2LoD) for a specialised finance risk function supporting a corporate and investment banking environment. The opportunity is suited to a senior credit professional with more than ten years of experience in asset‑backed financing, securitisation, private credit, middle‑market lending, or leveraged finance.

Experience in warehouse facilities, asset‑based financing, and traded asset‑backed securities across various asset types (including ABS, CLO, RMBS, CMBS, ABL, and ABF) is preferred.

Key Responsibilities

• Utilise prior experience gained within an investment bank or specialised/structured finance group and hold an academically relevant degree.
• Apply strong expertise in credit risk, financial analysis, structuring, stress testing, and jurisdictional risk to inform lending decisions and single‑counterparty risk appetite.
• Manage credit risk appetite through early‑stage deal screening, detailed due diligence, transaction execution, and preparation of independent risk recommendations and credit analyses.
• Conduct early‑stage assessment of new transactions, including complex or niche situations, providing innovative solutions and value‑enhancing approaches.
• Influence transaction structuring to support high‑quality underwriting, timely execution, and successful syndication.
• Support business growth initiatives while maintaining appropriate downside protection by identifying short‑ to medium‑term risks.
• Review and credit‑approve first‑line prepared applications and rating assessments using subject‑matter expertise.
• Oversee a portfolio of counterparties, monitor for early signs of credit deterioration, and perform relevant stress testing.
• Prepare and present periodic portfolio monitoring reviews to senior stakeholders in both first and second lines of defence.
• Ensure that all internal stakeholders understand their responsibilities relating to risk management, risk ownership, and adherence to credit risk frameworks.
• Identify and drive improvements to second‑line processes, particularly in areas involving governance, regulatory considerations, policies, or risk‑driven reporting.
• Maintain a robust effectiveness review process for credit risk and escalate significant issues to senior management and relevant committees.
• Monitor adherence to approved risk appetite and highlight material matters to senior governance forums.
• Promote a strong conduct culture within the risk function and support embedding the broader risk culture.
• Represent the specialised finance risk function in internal meetings, client due‑diligence discussions, and external events.
• Demonstrate effective leadership, strong teamwork, and a high degree of independence, working effectively in cross‑cultural and geographically diverse environments.
• Collaborate with risk partners across disciplines (market risk, policy/governance, enterprise risk, etc.) on cross‑risk initiatives.
• Maintain awareness of relevant regulatory frameworks and expectations applicable to the role.

Qualifications

• 10+ of experience in asset‑backed financing, securitisation, private credit, middle‑market lending, or leveraged finance.
• Experience in warehouse financing, asset‑based financing, and traded asset‑backed securities across multiple geographies and asset classes is preferred.