We’re Together – the market leading property finance experts with an entrepreneurial spirit. Based in Cheadle, South Manchester, we’ve been established since in 1974 and have built a team of over 750 colleagues, who are passionate about supporting individuals and businesses achieve their property ambitions by making finance work for them.

We pride ourselves on our common-sense approach to lending and offer a range of mortgage and secured loan products to individuals and businesses who are typically underserved by mainstream lenders. Our customers are central to everything we do and we work hard to support them to turn challenges into opportunities which make our customers' property ambitions a reality.

We’re looking for great people from all backgrounds and experiences who love working together and putting our customers at the heart of everything we do – and that starts with our brilliantly different team of people.

As an Impairment Manager, you will be responsible for activity that faces directly in to Group Finance & Treasury. The role is responsible for all non-model-driven Expected Credit Loss calculations, from the assessment of potential approaches, identification of the appropriate judgement and collation of robust documentation justifying the approach. Working closely with other 1st line colleagues (Collections/Recoveries, Corporate Portfolio Directors , 2nd line risk, Group Finance) and external stakeholders (external auditors), you will co-ordinate the monthly, quarterly and annual actions required for the efficient management of post-model adjustments to Together’s ECL model. The role will also co-ordinate any other credit & portfolio initiatives that support Together’s financial or liquidity management strategies.

As an Impairment Manager, we are looking for someone to:

• Take ownership of all post model adjustment and over-rides to Together’s provision / ECL calculations
• Maintain thorough and robust documentation and evidence supporting all PMA’s
• Lead engagement with operational teams, 2nd line risk, Group Finance and Treasury colleagues relating to Credit & Portfolio strategies that influence those areas
• Develop and monitor the effectiveness of operational strategies that optimise the levels of lending that are ineligible for SPV’s
• Lead the 1st line input into annual and quarterly external audits
• Translate and communicate complex impairment approaches into clear proposals (containing options and recommendations) for non-technical audiences
• Maintaining comprehensive governance, procedures and records
• Lead groups of stakeholders and working closely with external parties (e.g. external auditors)

Essential

• Experience in a secured lending credit risk environment
• Experience of modelling risk scenarios
• Proven experience in data analysis using quantitative analytic tools, and using analysis to drive strategic change
• Strong understanding of the fundamental concepts of credit risk management
• Strong stakeholder management skills
• Advanced Excel skills
• Experience with data visualisation software (e.g. Power BI)

Desirable

• Real Estate experience
• Experience of people management and development of high performing analytical teams

Benefits working at Together

• 26 days holiday, and a day off for your birthday (increasing with service to 30 days), plus bank holidays
• Buy & sell holidays
• Discretionary annual bonus
• Matched pension contribution
• Life assurance
• Critical illness cover
• Health cash plan
• Private medical insurance
• Free access to company holiday homes
• Travel season ticket loans
• Ride to work scheme
• Free local gym access
• Local bar / restaurant discounts

Together Money embraces diversity and inclusion, and are proud to be an equal opportunity workplace. Not only do we welcome difference – we celebrate it, support it and really value our colleagues for who they are. We are committed to building a team that represents a variety of backgrounds, perspectives and skills.

We care that you have a great experience with us at Together, if you need us to make any reasonable adjustments to make your experience easier, please let us know and we’ll do all we can.

Please note that all successful applicants will undergo relevant employment reference, financial and criminal record checks.