Senior Credit Risk Manager (2nd Line)

This role sits at the heart of a modern, value-adding second line team. We are seeking a Senior Credit Risk Manager to help build a data-led, nimble and commercially-aware 2nd line credit risk function that delivers insight and effective challenge while enabling strong, sustainable growth.

The role holder will take ownership of the Credit Risk Management Framework (CRMF), lead the development of meaningful risk reporting and dashboards, and ensure credit decision-making remains robust as the business expands rapidly across personal loans, motor finance and mortgage products. You will also lead our team of talented credit risk professionals.

This is a senior role requiring strong technical judgement, pace, and the confidence to influence decision-making at critical growth points.

Key Responsibilities

• Provide independent second line oversight and effective challenge of credit strategies, underwriting standards, decisioning frameworks and portfolio performance across personal loans, motor finance and mortgage products.
• Own, design and continuously evolve the Credit Risk Management Framework, ensuring it supports strong decision-making, clear governance and proportionate control in a high-growth environment.
• Lead the development of insightful, data-driven credit risk reporting and dashboards that highlight trends, emerging risks and forward-looking indicators, rather than static MI.
• Use data and analysis to deliver timely, value-adding insight and challenge to senior management and risk committees, influencing strategic and tactical decisions.
• Act as a key second line partner for new and evolving products, providing early risk input to product design, credit policy and decisioning to ensure robust controls from launch.
• Ensure credit risk remains within appetite during periods of rapid growth, identifying emerging risks, concentrations and control weaknesses and driving appropriate escalation and mitigation.
• Deliver targeted credit risk assurance activity, including thematic reviews and deep dives focused on areas of highest change or risk.
• Support effective risk governance through high-quality committee papers, clear articulation of risk trade-offs and practical recommendations.
• Build strong, constructive relationships with first line teams while maintaining independent judgement and challenge.
• Line management of a team of credit risk professionals.

Skills & Experience Essential

• Significant experience in credit risk roles with strong second line, independent oversight or governance accountability.
• Proven ability to design, own and operate credit risk frameworks in growing or changing environments.
• Strong data and analytical capability, with experience shaping dashboards, MI and insight for senior audiences.
• Experience across consumer and secured lending, ideally including personal loans, motor finance and mortgages.
• Confidence operating in fast-paced, high-growth settings with evolving products and strategies.
• Strong judgement, communication skills and the ability to influence senior decision-makers.

Desirable

• Experience within a non-bank, specialist lender or fintech environment.
• Exposure to credit model governance, scorecard oversight or portfolio stress testing.

Admiral: Where You Can

We take pride in being a diverse and inclusive business. It's a place where you can Be You, and show up as you are. We're committed to fostering a people-first culture where everyone is accepted, supported, and empowered to be brilliant. You can, Grow And Progress at a pace and direction that suits you, Make A Difference for our customers and each other, and Share in Our Future with all colleagues eligible for up to £3,600 of free shares each year after one year of service.

Everyone receives 33 days holiday (including bank holidays) when they join us, increasing the longer you stay with us, up to a maximum of 38 days (including bank holidays). You also have the option to buy or sell up to an additional five days of annual leave.

We're proud of our people-first culture. In fact, we've been recognised as a Great Place to Work for Women, a Great Place to Work for Wellbeing, and an overall Great Place to Work for over 25 years! We're fully committed to making sure your progression is not slowed or halted by barriers related to race, gender, age, sexuality or any of the protected characteristics.