Head of Credit Risk, LoD2 – ready to drive change

Have you found your calling in implementing, driving and building a newly established credit risk (LoD2) function? Can you oversee, challenge, and develop Credit Risk processes? If you want to make a noticeable impact on a global leader within sustainable mobility, this opportunity is for you.

“We need a seasoned professional, who wants to build the second line of defence function and take our Credit Risk Management to the next level”, says Risk & Compliance Director, Christian Alexander

Join our Credit Risk function at a time of change
For our Nordic Credit Risk Shared Service Center, we are looking for an experienced professional to build up the Credit Risk 2 level of defence function in this newly created position. You will join us at an exciting time, as we have merged ALD Automotive with LeasePlan to become the largest player in our field – putting miles between us and the competition. This transformation journey offers you a unique opportunity to contribute to our evolving organization. And we genuinely want your ideas for the future.

” We’re in the process of uniting all the best elements from both companies and merging them into a new shared culture. A process you get to be part of,” explains Camilla Jappe, HR Director.

You will become part of a team based in Taastrup, Denmark. Here you will be welcomed into an informal culture where we speak a mix of the Scandinavian languages and English. You will play a key role in establishing the Credit risk LoD2 function in our Credit Risk Shared Service Center that is already consisting of Credit Analysts headed by the Nordic Credit Risk Team Manager.

The Credit Risk LoD2 function manages several activities, such as:

• Responsible for making credit risk decisions within local authority and over Credit Analyst (LoD1) signing authority and validate ratings used during the credit assessment.
• Monitoring the portfolio for early warning indicators, watchlist, and defaults
• Oversight, challenge, and validation for provision calculations, Cost of Risk (CoR) budget and estimate, provisioning activities, forbearance measures and collection activities e.g.
• Oversight of the scoring and rating rules and of the whole credit process

As our Head of Credit Risk, you will be a part of ALD’s 2nd line of Defense which is a strategic risk monitoring and control function.

More specifically, your key tasks include:

• Managing and further developing Credit Risk Shared Service Center activities in line with the strategic plan and by correct implementation and application of risk policy and procedures as defined at Central level.
• Translating the yearly operational, strategic and business plan objectives into individual objectives.
• Performing an execution role in measuring, monitoring, and controlling Credit Risk LoD2 activities
• Support correct implementation and application of risk policies and risk management measures by the business lines and support units
• Collaborating with relevant entities and stakeholders on Credit Risk related subjects incl. Local, Regional and Central based partners.

Visionary subject matter expert and a change leader
You are first and foremost an experienced Credit Risk Professional who thrives on developing and executing new strategies within Credit Risk.

Moreover, we imagine that you:

• Bring a relevant University degree (Bachelor/Masters level) e.g. in Finance, Accounting, Business Administration. Furthermore higher education on Credit risks topics, combined with adequate knowledge of the financial sector is an advantage.
• Possess strong financial analysis and accounting capabilities.
• Have extensive knowledge about the scope of risk management and Credit risks including a very good understanding of current requirements in Credit risks management and governance.
• Have experience in development and implementation of risk policies.
• Speak and write at least one of the Scandinavian languages. Professional in oral and written English is a must.
• Can communicate information that is timely, relevant, and audience tailored.
• As the Credit Risk LoD2 function will evolve by time, leadership experience and the capacity to manage a small team and encourage a collaborative environment is crucial.

Grab this opportunity for advancement
We will ensure that you get off to a good start with a pre- and onboarding program – which will be specifically tailored to you and your new role. Once you have settled in, you will discover a collaborative work environment.

Also, we believe that our employees are our best asset. Which is why we are ready to invest in your development by offering you the opportunity to acquire new skills.

Of course, we also offer unique benefits and perks such as:

• Beneficial employee schemes including one for leasing and/or purchasing a car
• Social events to foster team spirit and social coherence

Ready to drive the future of sustainable mobility?
Please submit your CV in English by clicking the Apply button and fill the mandatory questionnaire. We will conduct interviews on an ongoing basis, so do not hesitate and apply today.

If you have any questions regarding the position, please reach out to Risk & Compliance Director Christian Alexander on [email protected]

We look forward to hearing from you!

“We need a seasoned professional, who wants to build the second line of defence function and take our Credit Risk Management to the next level”, says Risk & Compliance Director, Christian Alexander

Join our Credit Risk function at a time of change
For our Nordic Credit Risk Shared Service Center, we are looking for an experienced professional to build up the Credit Risk 2 level of defence function in this newly created position. You will join us at an exciting time, as we have merged ALD Automotive with LeasePlan to become the largest player in our field – putting miles between us and the competition. This transformation journey offers you a unique opportunity to contribute to our evolving organization. And we genuinely want your ideas for the future.

” We’re in the process of uniting all the best elements from both companies and merging them into a new shared culture. A process you get to be part of,” explains Camilla Jappe, HR Director.

You will become part of a team based in Taastrup, Denmark. Here you will be welcomed into an informal culture where we speak a mix of the Scandinavian languages and English. You will play a key role in establishing the Credit risk LoD2 function in our Credit Risk Shared Service Center that is already consisting of Credit Analysts headed by the Nordic Credit Risk Team Manager.

The Credit Risk LoD2 function manages several activities, such as:

• Responsible for making credit risk decisions within local authority and over Credit Analyst (LoD1) signing authority and validate ratings used during the credit assessment.
• Monitoring the portfolio for early warning indicators, watchlist, and defaults
• Oversight, challenge, and validation for provision calculations, Cost of Risk (CoR) budget and estimate, provisioning activities, forbearance measures and collection activities e.g.
• Oversight of the scoring and rating rules and of the whole credit process

As our Head of Credit Risk, you will be a part of ALD’s 2nd line of Defense which is a strategic risk monitoring and control function.

More specifically, your key tasks include:

• Managing and further developing Credit Risk Shared Service Center activities in line with the strategic plan and by correct implementation and application of risk policy and procedures as defined at Central level.
• Translating the yearly operational, strategic and business plan objectives into individual objectives.
• Performing an execution role in measuring, monitoring, and controlling Credit Risk LoD2 activities
• Support correct implementation and application of risk policies and risk management measures by the business lines and support units
• Collaborating with relevant entities and stakeholders on Credit Risk related subjects incl. Local, Regional and Central based partners.

Visionary subject matter expert and a change leader
You are first and foremost an experienced Credit Risk Professional who thrives on developing and executing new strategies within Credit Risk.

Moreover, we imagine that you:

• Bring a relevant University degree (Bachelor/Masters level) e.g. in Finance, Accounting, Business Administration. Furthermore higher education on Credit risks topics, combined with adequate knowledge of the financial sector is an advantage.
• Possess strong financial analysis and accounting capabilities.
• Have extensive knowledge about the scope of risk management and Credit risks including a very good understanding of current requirements in Credit risks management and governance.
• Have experience in development and implementation of risk policies.
• Speak and write at least one of the Scandinavian languages. Professional in oral and written English is a must.
• Can communicate information that is timely, relevant, and audience tailored.
• As the Credit Risk LoD2 function will evolve by time, leadership experience and the capacity to manage a small team and encourage a collaborative environment is crucial.

Grab this opportunity for advancement
We will ensure that you get off to a good start with a pre- and onboarding program – which will be specifically tailored to you and your new role. Once you have settled in, you will discover a collaborative work environment.

Also, we believe that our employees are our best asset. Which is why we are ready to invest in your development by offering you the opportunity to acquire new skills.

Of course, we also offer unique benefits and perks such as:

• Beneficial employee schemes including one for leasing and/or purchasing a car
• Social events to foster team spirit and social coherence

Ready to drive the future of sustainable mobility?
Please submit your CV in English by clicking the Apply button and fill the mandatory questionnaire. We will conduct interviews on an ongoing basis, so do not hesitate and apply today.

If you have any questions regarding the position, please reach out to Risk & Compliance Director Christian Alexander on [email protected]

We look forward to hearing from you!

Department: Helgeshøj Allé 34, Taastrup

Location: Taastrup

Application deadline: 18 Oct 2024