Senior Credit Manager / Credit Manager, Financial Institutions
About the Job
The Risk division encompasses the Credit Risk, Country Risk, Operational Risk, Physical Commodities Risk Assurance, Business Continuity Management and Market Risk disciplines. Credit Risk consists of the rating and analysis, ongoing monitoring and reporting of the credit exposure that the Bank runs.
What you'll be doing
* For an initial period, assist the team across the portfolio by focusing on completing a series of annual reviews of existing clients (predominately banks), thereafter;
* Take on-going responsibility for a portfolio of Bank and Non-Bank Financial Institution (FI) clients, with a focus on emerging market banks.
Counterparty risk management
* Perform detailed credit analysis of financial information, including published and management reports, financial models, fund newsletters, etc. and appropriate sensitivity scenarios.
* Liaise with clients and potential clients to test and authenticate the information supplied with a view of determining a sound credit opinion of the risks involved.
* Manage the end-to-end credit risk process, including liaising with Front Office on credit limit requests, assessing credit risk ratings, analysing credit profiles of the counterparties, evaluating limit requests versus the established counterparty risk appetite, and managing credit limit structures.
* Provide input on the credit terms of and supports the negotiation of legal documentation, including GMRA and ISDA with or without CSA.
Transaction risk assessment
* Undertake risk analysis on new and existing transactions for customers with a particular focus on global markets, commodities and derivative products, and some structured transactions.
* Provide assistance to the Front Office on time-sensitive ad-hoc trading requests.
* Apply own Delegated Authority when approving transaction / limit requests.
Portfolio management
* Maintain the bank's database of client, product and industry information to support effective portfolio management.
* Liaise with internal departments within Credit Risk, as well as with Legal/Documentation, Operations, Compliance, Market/Country Risk, Front Office, Management, etc.
Team and Senior Management Support
* Involvement in and oversight of relevant projects and New Product Processes (NPPs) which relate to the credit risk management of relevant Financial Institution clients.
* Support team members in their own relationship management efforts where necessary, including by assisting with ad-hoc credit analysis, performing the secondary credit manager function, etc.
* Provide support to the Head of Financial Institutions Credit Risk, London and the Global Head: Financial Institutions Credit.
What you'll need to be successful
* Experience of working in a regulated environment, ideally Financial Services
* Proven track record of performance in Financial Services
* Credit analysis experience, ideally pertaining to global markets/investment banking
* Emerging Markets experience would be beneficial (though not essential) given the nature of the Bank's business
Personal attributes:
* Strong attention to detail
* Self-starter
* Strong written & Oral communication skills
* Well organised
* Pragmatic
* Resilient
* Client mind-set
* Results and solutions orientated
* High level of integrity
* Global mind-set
Why should you join us?
ICBC Standard Bank Plc (ICBCS) is a leading financial markets and commodities bank, driven to deliver the right outcomes for our stakeholders, clients, counterparties and markets. We benefit from a unique Chinese and African parentage and an unrivalled global network and expertise. We're headquartered in London, with operations in Shanghai, Singapore and New York.
We're a diverse and close-knit global team. We put people first, giving talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise and realise their potential.
Our vison statement, "Be Yourself, Succeed Together" underpins our drive for an open and transparent culture which values difference, enabling everyone to thrive whilst being themselves. We have an active E, D&I forum and we're growing other employee network groups, including for women and neurodiversity.
We're committed to the principle of equal opportunities. All applicants will be treated equally and will be considered on their merits and skills without discrimination.
What's in it for you?
* Financial market-based pay based on skills and experience, discretionary annual bonus, pension contribution 10% (employee contribution 5%), travel insurance, life assurance and income replacement insurance.
* Hybrid working the option to work remotely up to two days per week, depending on the role.
* Family - 6 months fully paid maternity leave and enhanced shared parental leave. Coaching for family leave returners and access to emergency care via My Family Care. Miscarriage and menopause policies.
* Wellbeing - private medical insurance, Bike2Work scheme, health and fitness subsidy, holiday exchange and an Employee Assistance Programme.
* Community paid volunteering leave and Give As You Earn scheme. Vibrant CSR and engagement forums and fundraising for our charity partners.
* Development a suite of opportunities to build the skills you need to excel in your role
If you're excited about becoming part of our team, get in touch. We'd love to hear from you
ICBCS has appointed Robert Walters Outsourcing (RWO) to manage its recruitment process and Preferred Supplier List (PSL). Unsolicited CVs sent directly to ICBCS or its staff from non-PSL agencies will not be accepted and no fees will be paid for such submissions.