Cyprus

Haogen Finance (Cyprus) Ltd

Finance

FinTech

Head of Credit Risk – Haogen Finance (Cyprus)&nbsp;Company Overview: Haogen Finance (Cyprus) is a partner company of an exciting and rapidly growing UK-based financial services firm specializing in SME corporate lending to UK businesses. The company offers flexible, tailored lending solutions designed to help business owners achieve their goals. As part of its expanding EU operations, Haogen Finance (Cyprus) is seeking a highly skilled and experienced&nbsp;Head of Credit Risk&nbsp;to join their team in Larnaca.&nbsp;Role Overview: The Head of Credit Risk will be integral in developing, maintaining, and enhancing the company's credit risk policies and strategies. The ideal candidate will have proven experience in credit risk management, particularly within the SME lending sector. This role is responsible for leading a team to effectively manage risk in alignment with the company's business objectives and regulatory requirements. A strong understanding of the UK credit market and regulatory landscape will be highly advantageous, as the company primarily lends to UK SMEs. The individual will also represent Haogen Finance (Cyprus) and engage directly with the Senior Leadership Team of the UK partner company.Main Duties and Responsibilities:<ul style="list-style-type:disc;"><li style="tab-stops:list 36.0pt;">Credit Risk Policy Development &amp; Maintenance: Develop and maintain robust credit risk policies and procedures, ensuring they align with both regulatory requirements and company objectives.</li><li style="tab-stops:list 36.0pt;">Risk Criteria Management: Continuously assess and update the company’s credit risk criteria, ensuring responsiveness to market changes, particularly those affecting the UK SME lending environment.</li><li style="tab-stops:list 36.0pt;">Broker Support &amp; Training: Provide clear guidelines and ongoing support to brokers, ensuring they understand the company’s risk criteria for UK SME loans. Develop training materials and conduct sessions to promote understanding of credit risk policies and best practices.</li><li style="tab-stops:list 36.0pt;">Loan Agreement Review: Review and approve loan agreements to ensure compliance with established credit risk policies.</li><li style="tab-stops:list 36.0pt;">Loan Application Evaluation: Assess loan applications for potential risks, particularly in the context of the UK SME market, and make informed decisions to mitigate those risks effectively.</li><li style="tab-stops:list 36.0pt;">Collaboration with Underwriting Team: Work closely with the underwriting team to ensure accurate and consistent risk assessments, with a focus on risks inherent in lending to UK SMEs.</li><li style="tab-stops:list 36.0pt;">Team Leadership &amp; Development: Lead and manage the credit risk team, offering guidance, mentorship, and conducting performance evaluations. Foster a high-performing, collaborative team environment and ensure team members have the necessary tools and training to excel.</li><li style="tab-stops:list 36.0pt;">Strategic Leadership Participation: Act as a Director of the company, contributing to strategic planning and decision-making processes. Provide insights and recommendations on credit risk management to senior leadership.</li><li style="tab-stops:list 36.0pt;">Business Strategy Contribution: Play an integral role in shaping the company’s overall business strategy, with a focus on risk management, sustainable growth, and profitability.</li><li style="tab-stops:list 36.0pt;">Representation to Senior Leadership: Represent Haogen Finance (Cyprus) in meetings with the Senior Leadership Team of the UK partner company. Communicate credit risk issues, insights, and strategic recommendations to the UK leadership team, ensuring alignment between both entities.</li></ul>Candidate Profile:<ul style="list-style-type:disc;"><li style="tab-stops:list 36.0pt;">Education: Bachelor's degree in Finance, Economics, Business, or a related field; an advanced degree is preferred.</li><li style="tab-stops:list 36.0pt;">Experience: Proven experience in credit risk management, with a strong preference for experience in the SME lending sector, particularly lending to UK SMEs.</li><li style="tab-stops:list 36.0pt;">Knowledge: Strong understanding of credit risk policies, regulatory frameworks, and market trends, with a preference for knowledge of the UK credit market and SME lending environment.</li><li style="tab-stops:list 36.0pt;">Skills:<ul style="list-style-type:circle;"><li style="tab-stops:list 72.0pt;">Excellent analytical and decision-making skills.</li><li style="tab-stops:list 72.0pt;">Strong leadership capabilities with experience managing and developing teams.</li><li style="tab-stops:list 72.0pt;">Exceptional communication and interpersonal skills, with the ability to engage effectively at all levels, including with the Senior Leadership Team of the UK partner company.</li><li style="tab-stops:list 72.0pt;">Strong organisational skills, with the ability to prioritise tasks, work independently, and manage time effectively.</li><li style="tab-stops:list 72.0pt;">Robust problem-solving abilities, with a commercial mindset, and the ability to balance customer and business implications when making decisions.</li><li style="tab-stops:list 72.0pt;">Attractive remuneration package</li><li style="tab-stops:list 72.0pt;">25 days annual leave</li><li style="tab-stops:list 72.0pt;">Hybrid work model</li><li style="tab-stops:list 72.0pt;">A very friendly, relaxed and supportive work environment</li><li style="tab-stops:list 72.0pt;">Freedom to work independently, problem-solve and come up with creative solutions to complete tasks</li></ul></li></ul>Benefits:<ul style="list-style-type:circle;"><li style="tab-stops:list 72.0pt;">Attractive remuneration package<ul style="list-style-type:circle;"><li style="tab-stops:list 72.0pt;">25 days annual leave</li><li style="tab-stops:list 72.0pt;">Hybrid work model</li><li style="tab-stops:list 72.0pt;">A very friendly, relaxed and supportive work environment</li><li style="tab-stops:list 72.0pt;">Freedom to work independently, problem-solve and come up with creative solutions to complete tasks</li></ul></li></ul>Why Join Haogen Finance (Cyprus)? This is an exciting opportunity to contribute to the growth of Haogen Finance (Cyprus) and to play a leading role in the success of a fast-growing UK financial services company focused on lending to UK SMEs. If you have the necessary skills and experience, we look forward to receiving your CV for the Larnaca-based&nbsp;Head of Credit Risk&nbsp;position.&nbsp;If you find this interesting, please send us your CV to hello@haogen.co&nbsp;

RELATED JOBS