Managing Director – Financial Institutions Credit job at City of London Full Time

We are working on behalf of a leading UK bank to identify a Managing Director – Financial Institutions Credit to join its senior risk leadership team. This is a highly strategic role with significant delegated authority and influence across one of the bank’s most complex and high-profile portfolios.

Client Details

This opportunity is with a large organisation within the financial services industry, known for its commitment to delivering excellence in banking and financial services. The company operates in London and is focused on supporting its clients with innovative solutions and robust financial strategies.

Description

Exciting opportunity for a Managing Director – Financial Institutions Credit to join a leading UK Bank in London

The Opportunity

This role offers a rare opportunity to operate at the highest level of credit governance, providing independent judgement across a broad Financial Institutions (FI) portfolio, while helping shape the future direction of the platform.

• Sitting alongside FI Credit Sector Heads, you will provide horizontal sanctioning authority, ensuring consistency, discipline, and robust decision-making across all FI sectors.

Key Responsibilities

Credit Leadership & Sanctioning

• Act as a senior sanctioner across all FI sectors, exercising delegated authority on:
• New transactions
• Renewals and amendments
• Complex restructurings
• Provide independent judgement and constructive challenge to support sustainable growth
• Lead complex credit discussions across:
• Lending
• Structured finance
• Derivatives and traded products

Portfolio & Strategy

• Support the development and execution of portfolio strategy and risk appetite
• Lead portfolio reviews, thematic deep dives, and emerging risk assessments
• Drive consistency in underwriting standards across FI sectors

Platform & Transformation

• Contribute to the evolution of the FI Credit operating model
• Identify opportunities to:
• Simplify and streamline credit processes
• Enhance portfolio monitoring through automation and digitisation
• Support the development of scalable and forward-looking credit frameworks and policies

Governance & Stakeholder Engagement

• Represent FI Credit in senior governance forums and committees
• Engage with regulators, internal audit, and control functions
• Build strong partnerships across:
• Coverage
• Product
• Risk, Finance, and Legal

Leadership & Culture

• Coach and mentor senior credit professionals and emerging leaders
• Foster a culture of:
• Constructive challenge
• Collaboration and accountability
• Continuous learning and development

Profile

Exciting opportunity for a Managing Director – Financial Institutions Credit to join a leading UK Bank in London

• Extensive Financial Institutions Credit experience, ideally across multiple sectors (e.g. Banks, Insurance, Asset Managers, Funds, Sovereigns)
• A strong track record as a credit sanctioner with meaningful delegated authority
• Experience in complex credit environments, including structured transactions and derivatives
• Proven ability to operate effectively at senior governance and committee level
• Strong strategic and portfolio management capability
• Experience shaping or enhancing credit frameworks, policies, or processes
• Credibility and confidence to challenge senior stakeholders constructively
• A collaborative, commercially aware approach with excellent communication skills
• A genuine commitment to developing talent and building high-performing teams

Job Offer

Role Highlights

• Enterprise-wide influence across a major FI credit platform
• Significant delegated authority and visibility at senior levels
• Opportunity to shape strategy, governance, and platform evolution
• Key role in strengthening risk discipline while supporting growth

Compensation & Benefits

• Competitive senior executive compensation package
• Discretionary performance-related bonus
• Pension contribution up to 15%
• Share-based incentives
• Flexible benefits and wellbeing support
• Hybrid working model