# Commercial Credit Risk Manager

**Company**: FCE Bank plc (Ford Credit)
**Location**: Essex
**Work arrangement**: hybrid
**Experience**: senior
**Job type**: full-time
**Category**: Finance
**Industry**: Automotive

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## Description

The Commercial Credit Risk Manager is responsible for developing FCE's approach to originating and managing credit risk for the commercial customer base, including sole traders, SMEs, multi-vehicle fleet customers, and commercial lines of credit, across the full credit lifecycle.

## Responsibilities

### Credit Strategy & Underwriting

- Design and maintain underwriting policies, decisioning frameworks, and credit risk appetite for sole trader, SME, and fleet/multi-vehicle segments, including commercial line of credit limit-setting and utilisation management.

- Assess creditworthiness of commercial counterparties (business financials, cash flow, guarantors, external data); oversee complex credit proposals and Credit Committee participation.

### Portfolio Management & Analytics

- Monitor portfolio performance and KRIs/KPIs by commercial segment; identify emerging risks (sector concentration, fleet residual value/utilisation, small business defaults) and adjust strategy accordingly.

- Design loss mitigation, collections, and recovery approaches suited to commercial relationships.

- Deliver forecasting/scenario analysis and portfolio insights to senior management and governance committees.

### Wholesale (Dealer) Risk Oversight

- Oversee credit risk on Ford dealer wholesale/floorplan financing, including dealer credit line setting, renewal, and ongoing exposure monitoring.

- Monitor dealer financial health (stocking levels, inventory turn, curtailment triggers, out-of-trust risk) and escalate early warning indicators through established governance channels.

- Maintain oversight of dealer concentration risk and floorplan portfolio quality, incorporating dealer-level risk into broader commercial portfolio reporting and risk appetite metrics.

### Governance & Fraud Risk

- Maintain second line assurance and oversight of first-line commercial lending activity, including policy exceptions and controls.

- Implement fraud detection/prevention frameworks for commercial applications (e.g. business identity verification).

### Regulatory Credit Classification

- Ensure commercial and dealer wholesale exposures are correctly classified per EBA/PRA rules (default, forbearance, NPE), and lead the team's capability development in this area, working with Finance to align with IFRS 9 staging and regulatory reporting.

### Stakeholders & Regulatory

- Partner with marketing and sales, operations, data, and technology teams to scale digital and automated underwriting for commercial customers.

- Collaborate with Group Risk, Compliance, and control functions; contribute to ICAAP, stress testing, and capital planning for the commercial book.

### Leadership

- Lead, coach, and develop the commercial credit risk team; build a strong risk culture and support the Bank's commercial growth strategy through data- and analytics-led decisioning.

## Qualifications

### Essential:

- First line commercial credit risk experience across sole traders, SMEs, and multi-vehicle/fleet customers.

- Track record developing underwriting guidelines and credit proposal assessments, including commercial lines of credit.

- Strong financial/credit analysis skills (business financials, cash flow, guarantor assessment, external research).

- Strong working knowledge of EBA and PRA credit risk classification requirements, including definition of default, forbearance, and non-performing exposure rules.

- Analytical, data-driven mindset; excellent communication skills with senior leaders, Board members, and stakeholders.

### Desirable:

- SME/sole trader credit scoring or alternative data experience.

- Fleet/automotive financing and vehicle asset risk knowledge.

## Skills

### Required
- credit risk management
- underwriting
- portfolio management
- analytics
- fraud detection
- regulatory compliance

### Nice to have
- SME credit scoring
- fleet/automotive financing
- vehicle asset risk

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