Senior Manager

Were Vanquis Banking Group plc, a FTSE All Share company and a leading specialist bank, established in 1880. We lend responsibly, providing tailored products and services to 1.75 million UK customers through Vanquis, Moneybarn, and Snoop. Lending responsibly and acting responsibly has always been at the centre of everything we do. Whats more, helping to aid financial inclusion and social mobility for our customers and the communities they live in, is a big part of why were here. We offer credit cards and loans as Vanquis, Vehicle Finance as Moneybarn and through the award-winning fin-tech brand Snoop, our group provides people with a free credit score and personalised insights to help them better manage and understand their finances. All our credit products are delivered online and are built with customer flexibility in mind. We have a great team of colleagues working in our call centres and offices to support our customers and the development of more products to help meet their needs. Our purpose is simple: to deliver caring banking so our customers can make the most of lifes opportunities. Role purpose Reporting to the Head of Savings, this role will manage the Second Charge Mortgage (2CM) portfolio to ensure the delivery of expected returns and drive strategic development and profitable growth across our target market. This role will also provide support to the Savings Product team and vice versa, to help remove key person dependencies and thereby offering the opportunity to manage and develop product and commercial management skills on both sides of the balance sheet. The successful applicant will also be responsible for any product expansion within the specialist portfolio remit over time. The role will be pivotal in driving a more robust oversight approach for the 2CM portfolio, ensuring effective management with our external partners who originate and service these mortgage loans. The role holder will engage with senior stakeholders internally (within Treasury, Finance, Risk, Customer and Legal teams, as well as others) and externally. Key Responsibilities Lead the formulation of a robust oversight framework for our mortgage portfolio, understanding, managing and influencing the key drivers of the 2CM product and portfolio performance. Ownership of the trading information and narrative to support interactions with ExCo and the Customer Leadership Team. Establish and maintain strong relationships across the business treasury, finance, credit risk, legal, etc. to ensure portfolio modelling is fit for purpose and assumptions appropriately reflect current performance and provide focus on Vanquis achieving target returns. Manage relationships with existing (and potentially new) lending partners to ensure good customer outcomes are being delivered. Manage the associated risks and controls with an outsourced lending approach (origination and servicing) as is in place with the 2CM portfolio. Work with our lending partners and internally to identify opportunities to drive commercial value and continuous improvement Deputise for the Head of Savings in relevant committees / forums as required Will act as the SME for the mortgage product within Vanquis, leading on the key drivers to deliver expected returns and sustainable profits. What you bring to the team Experience of mortgage lending and the key drivers to deliver sustainable profits. Proven track record in commercial / product and pricing strategy in FS leadership positions Strong knowledge of lending products and market dynamics Understanding of regulatory, legislative and compliance requirements in the UK financial services sector Ability to build and maintain strong relationships with internal and external stakeholders up to ExCo level Strong analytical and problem-solving skills, with experience in designing digitally led products Demonstrated ability to drive financial performance and achieve business targets Analytical mindset that can quickly understand how portfolio characteristics impact profitability. Strategic thinker with a strong commercial acumen. Strong communication skills both written and verbal able to articulate technical and complex detail into easy-to-understand information. A strong understanding and appreciation of compliance regulations and principles. Able to balance commercial considerations with regulatory obligations. Can cope under time pressure and manage to project critical deadlines with the ability to remain calm in times of pressure. Proven strong stakeholder engagement, influencing and collaboration skills. A track record of delivering continuous improvement articulating vision, inspire confidence/credibility and influence at a senior/ExCo level. Location: London, Bradford, Petersfield or Chatham Benefits: At Vanquis Banking Group we believe in looking after our colleagues, so we do our best to create a rewarding, engaging, and supportive work environment across our various divisions. We let our colleagues know we appreciate their hard work by offering competitivesalaries, discretionary annual bonus, 25 days holiday up to 30 days (depending on service), pension scheme with matched company contributions up to 10%, 1 paid day to give back benefits, and a Group wide recognition scheme. All colleagues are eligible to join a pension scheme, and, after six months service, youcan join our Save as you Earn and 'Buy as you Earn' schemes. We offer a range of training and development opportunities to help each of our colleaguesmaximise their potential, whatever their role. From your first day working with us, well help you settle into your new role and are happyto talk to you about your career aspirations. Working Pattern: Our working style is hybrid, but we recognise the importance of collaborative working with our working with our colleagues often 2 days per week in one of our offices . More office-based working may be required during project rollouts or when we have a higher number of users in the office. What to expect next: Our average process takes up to 4 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team throughout the process. As this role involves working within a regulated environment any offer will be subject to satisfactory background checks including criminal record check, credit check, fraud check and employment references. Your working life: If you prefer to work part-time, we'll make this happen whenever we can - whether this is to help you meet other commitments or strike a great work-life balance. A fear of losing your current working flexibility shouldn't hinder you from applying for new opportunities, which is why we aim to match your existing flexible working arrangements where possible. Equal Opportunity Statement Here at Vanquis Banking Group, we embrace everyones unique strengths and identities to be themselves at work. Regardless of how you identify yourself, your sexual orientation, martial or civil partner status, race, colour, nationality, ethnic or national background, faith, disability, or age your experiences and background help enrich our teams, and most importantly help support our customers in the best way possible. At the end of the day, its our people that help us to fulfil the reason why were here in the first place: to help put people on a path to a better everyday life. ADZN1_UKTJ

Location: South East London, GB

Posted Date: 1/17/2025