Peter Larcombe

Assisting Sainsbury's Bank with the sale of their lending products (Argos Financial Services) with accountability for the delivery of day 2 readiness work streams between the bank and its purchaser.

Involves internal and external stakeholder management, working collaboratively across multiple workstreams, including Migration, Customer Communications & Experience, Contractual Obligations and external parties.

• Coordinated multi-disciplinary teams to ensure seamless project delivery.
• Oversaw project delivery, ensuring adherence to set quality standards.
• Collaborated with cross-functional teams for effective project delivery.
• Developed contingency plans as part of risk management strategies, minimised impact of unforeseen circumstances on project delivery.
• Engaged in stakeholder management to ensure smooth project delivery.

• Responsible for running and developing the credit function within the business.
• Worked with over 25 lenders, driving efficiency in the application process by understand each of their internal appetites and policies.
• Handling regular FCA compliance reporting and reviews
• Develop internal credit policies and procedures in preparation for future own book lending.
• Streamlined processes to improve and optimise office operations.
• Developed organisational policies for administrative oversight and internal controls.

• Reporting into COO with responsibility for all underwriting decisions at origination stage and management of the onboarding process, including automated decisions and checks.
• Hands on underwriting experience with an individual mandate of £1m for SME / Commercial Finance, Consumer Finance and Bridging
• A lead member of the Retail Credit Committee, responsible for credit write ups and decisions on larger transactions up to £2.5m.
• Worked closely with with the 2nd line Compliance function
• Assisted Compliance and AML teams with in life monitoring and reporting on portfolio performance.
• Created and deployed scorecards across both consumer and SME finance divisions.
• Development and process improvements.
• Worked alongside the Credit Control team, assisting with reviews of problem/high risk customers.
• Upskilled staff through targeted training opportunities, enhancing team capabilities.
• Oversight of the fraud prevention team, and responsibility for monitor performance and implementing changes.

During the last 9 months of the wind-down of the bank I also took on responsibility for the IT function until the business closed.

• Reviewed, classified and rated applications for automotive finance