Credit Officer

UBP - Groupe Union Bancaire Privée
London, United Kingdom
17 Sep 2022
17 Oct 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

POSITION: Permanent

REPORTS TO: Credit Manager


(YES/NO): No


(YES/NO): No


Union Bancaire Privée (UBP SA) is a private bank and wealth management firm headquartered in Geneva. UBP is one of the largest private banks in Switzerland, and serves private and institutional clients. The bank was founded in 1969 by Edgar de Picciotto, whose vision from the outset was to offer investors an astute and innovative wealth management service, and is one of the best-capitalized banks in Switzerland, with CHF 160.4 billion of assets under management. Today, we continue to apply our forward-looking vision, our entrepreneurial spirit and our leading investment expertise to offer our clients significant added value and performance over the long term.

UBP's London branch opened in 1991 covering European and emerging-market equity fund management, alternative investments, bond trading and institutional and private client services. On 31 December 2018, UBP acquired ACPI Investments Limited (ACPI), an independent London-based investment management company, and the activities of ACPI IM Limited in Jersey. In August 2020 UBP completed a further acquisition of the Wealth Management arm of Jefferies.

Further information can be found at our website


The Credit Officer has responsibility for structuring and tailoring complex lending solutions for High Net Worth Private and Institutional Clients. They will also assist with the preparation, implementation, monitoring and control of the London Branch Credit Facility Portfolio, including regulated mortgages.

  • Undertake a comprehensive credit risk assessment and analysis of Mortgages and Lombard's ensuring that the information provided is validated and robust, that adhere to credit policy and business appetite is complied with.
  • Provide support to the London Credit Manager in execution of credits and regulated mortgages.
  • Provide tailored lending solutions across a range of client entities for Board and Credit consideration whilst managing expectations of clients, colleagues, and management
  • Assess and record annual reviews, increases and/or amendments to existing loan facilities ensuring we are adhering to necessary Credit Stewardship measures set by the Bank
  • Undertake and record regulatory calls with clients for MCOB regulated mortgage proposals ensuring all necessary disclosures are met to comply with FCA standards
  • Take responsibility for the preparation of loan and mortgage agreements through to implementation of the facility.
  • Negotiation of Credit Real Estate Valuation, Security Documentation with UBP Legal and external law firms and Bank panel valuers
  • Support Relationship Managers for lending proposals by being point of contact for any questions and/or queries
  • Acting as "first line of defence" to mitigate credit risk for the bank and to ensure we lend responsibly to our clients.
  • Consistent and accurate capturing of client information at all touch points to ensure a complete and accurate lending file.
  • To ensure that compliance, audit, and guidelines under FCA/PRA rules are met within the business.
  • Adhoc duties as required from time to time to support the Credit Administration


Regulatory Requirements: N/A

Control function: N/A

Experience & Knowledge:
  • Strong finance experience both with Lombard and Mortgage lending ideally gained from working with High-Net-Worth Private & Institutional Clients
  • Knowledge of the end to end implementation of both mortgages and Lombard's to include Credit administration/ Loan administration/ Loan documentation and security perfection
  • Experience of writing informed and balanced credit risk assessments for transactions to be submitted to the Board and Credit committee whilst meeting affordability and FCA guidelines

  • Excellent analytical skills with the ability to review and assess a range of information sources to evaluate strength and weaknesses of lending propositions to make a concise recommendation taking into consideration the risk appetite of the Bank
  • A motivated self-starter, who is resilient and able to prioritise and multi-task across various activities, and as a part of a demanding small team
  • Positive credit management and influencing skills to challenge robustly but constructively; confidence to propose pragmatic solutions to mitigate risk
  • Excellent teamwork, good interpersonal skills, and communication skills
  • Computer and PC literate Microsoft Word and Excel at intermediate level.

Qualifications: CeMap qualified

Core Benefits:

25 days holiday plus bank holidays per annum

Non-contributory group pension scheme

Life assurance and dependent's pension

Income protection insurance

Private medical insurance

Dental insurance

Travel insurance (business and personal)

Gym subsidy

Cycle to work

Mental Health & Wellbeing app

1 day a week flexible working from home. Accumulating unused days per month to utilise in one go


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