Summary: The Deputy Director Credit Risk & Portfolio Management role at UKRI involves leading a team of specialists to manage a portfolio of high-risk SME loans. The position requires strong technical and strategic finance capabilities, as well as credit risk evaluation skills. This is a 6-month contract that is field-based with remote work and occasional office visits in the Southwest area. The role is classified as inside IR35.

Key Responsibilities:

• 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.
• Operate a personal delegation for credit, investment and arrears, default and recovery decisions, and any devolved delegation as required.
• Support the Heads of Function for Credit and Portfolio to systematise and codify precedent in Innovate UK’s approach to responsible lending and debt management.
• Act as Innovate UK’s technical expert in credit and portfolio management, providing support to UK Research and Innovation as required.
• Work as part of the senior leadership team of Innovate UK’s Innovation Finance directorate.
• Engage across the Products and Services function and contribute to the growth and development of the organisation.

Key Skills:

• Strong technical and strategic (corporate) finance and risk management capabilities.
• Strong credit risk evaluation skills.
• Proven capability to build a team and develop and implement new initiatives within an organisation on a significant scale.

Salary (Rate): undetermined

City: Swindon

Country: UK

Working Arrangements: hybrid

IR35 Status: inside IR35

Seniority Level: undetermined

Industry: Other