Contract Job Title: Senior Manager, Credit Risk Lead - Wholesale Problem Loans
Location: Remote (with occasional travel to London as required)
Contract Duration: May – October 2026 (6 months)
Contract Type: Inside IR35
Role Overview
This is an opportunity to support a Tier 1 banking client on a targeted engagement focused on Wholesale Problem Loan Management.
The client is seeking a Senior Manager SME with deep hands-on experience in problem debt management, restructuring, resolution, or wholesale credit risk, particularly within corporate lending portfolios.
The role will support a review of how wholesale problem loan assets are monitored and managed, including the treatment of customers in financial distress, governance of problem debt, and the quality of credit assessments and documentation. While Internal Audit or assurance experience is desirable, it is not a prerequisite — strong operational or second-line experience within problem loan management, restructuring, or credit risk is equally suitable.
This role is suited to a Senior Manager equivalent professional with hands-on experience across wholesale credit, restructuring, or corporate problem loan management.
Key Responsibilities
• Act as a subject matter expert in Wholesale Problem Loan / Problem Debt Management
• Support the review of problem loan monitoring, governance, and controls
• Assess the management of customers in financial distress, including restructuring or resolution strategies
• Perform or support credit file reviews, focusing on quality, completeness, and policy adherence
• Provide insight into wholesale credit risk frameworks, escalation processes, and decision-making
• Engage with senior stakeholders across credit risk, restructuring, and risk functions
• Contribute expert judgement and challenge to findings, conclusions, and recommendations
• Support structured reviews aligned to regulatory and risk management expectations
Required Skills & Experience
• Extensive experience in Wholesale Credit Risk, Problem Loan Management, or Problem Debt Resolution
• Strong background in corporate lending, restructuring, workout, or recovery
• Experience managing or overseeing customers in financial distress
• Strong understanding of credit risk monitoring, governance, and documentation standards
• Ability to operate at Senior Manager equivalent level
• Financial services / banking experience is essential
Desirable Skills & Experience
• Exposure to Internal Audit, assurance, or risk review activity
• Experience supporting regulatory, audit, or independent review work