Senior Business Analyst, Institutional Banking & Distribution, Business Development (Fluency in French is desirable)
Location - London
Founded in 2007 our client is one of the fastest growing banks of their kind in the UK. They offer personal and corporate savings products and finance for UK residential and commercial property, in addition to sourcing and advising on UK real estate investments.
Key Responsibilities:
This role is to support the Head, Wholesale Banking & Financing Solution and Deputy Head of Institutional Banking & Distribution in driving IB business strategy in Sub Saharan Africa with a view to managing existing African FI relationships and enhancing the profitability of the unit in accordance with the Bank’s Risk Appetite, IBFI budget projections, targets markets and the Bank's global strategy.
Key Skills/Experience:
▪ Supporting the Relationship Manager in the achievement of the Department’s Budget.
▪ Supporting the Relationship Manager to drive the origination of business by marketing new relationships with potential to improve the revenue for the Unit, on-boarding and retaining income-generating clients.
▪ Preparation and timely delivery of sound credit applications for review by the Credit Risk team for new and existing relationships. Candidates must be very analytical and have an excellent understanding of Financial Statement Analysis for Banking Clients and other related sectors.
▪ Responsible for all compliance requirements and reviews for Institutional Banking which entails (i) Full KYC review and on-boarding process for new to banks/prospects and (ii) KYB reviews for existing clients.
▪ Working closely with the Business Risk Review team to ensure all client outreaches and KYC/KYB memos are completed within the required timeline with no adverse findings.
▪ Monitoring due dates of Annual Reviews of Financial Statements for IBU clients and taking actions to obtain full Board approval for extensions prior to the expiration date of the Annual Reviews.
▪ Preparation of approved limit extension requests for Credit Risk’s consideration where necessary, ensuring system limits are adjusted once approval is obtained from Credit Risk.
▪ Weekly distribution of the Financial Institutions Limits Report.
▪ Handling customers’ queries efficiently.
▪ Supporting the Relationship Managers in prospecting, due diligence, monitoring and portfolio management.
Experience / Knowledge:
• Experience within Financial Institutions, UK Regulatory knowledge and good understanding of Credit Analysis, KYC & KYB requirements for FI’s, research skills and excellent analytical skills
• Acceptable understanding of International TradeFinance
• Previous experience working in the African market is highly advantageous
• French speaking desirable
• Spreading of audited financial statements for Banks, acceptable Excel knowledge, Moody’s Analytical and other Risk Rating tools, Flex Reports