The candidate will hold a critical role within the Global Spread Products Financing and Securitization (GSP F&S) EMEA group administering a multi-billion dollar portfolio of asset securitization transactions financed primarily through the asset-backed commercial paper market. The candidate will gain experience across multiple products within the portfolio, which consists of various securitized asset classes (including auto, credit card, unsecured consumer loans, middle market and broadly syndicated loans). The candidate will:
1. Monitor the ongoing compliance of assigned deals with the documented financing terms and conditions, portfolio performance and financial triggers and make appropriate recommendations with the aim of identifying and mitigating credit risks. Assist with classification and risk rating processes, decisions and monitoring
2. Review servicer reports for accuracy, investigate unusual data trends, identify deteriorating asset performance, and keep abreast of industry and market trends and customer-specific events
3. Prepare credit approval (transaction and/or annual review) and quarterly memos; assist in facility renewals, and funding, due diligence and required processes for new deals
4. Assist with special projects including stress testing, portfolio concentration analysis, internal audit/FCR, Risk Rating processes, Credit Policies and Credit Programs across product groups
5. Act as a contact person post-closing; liaise with other constituents such as participating banks, attorneys and external auditors. Play a supportive role in transaction restructuring, amendment, consent and waiver request with recommendation to Origination, Senior Credit Officer, and Independent Risk via Approval Memorandum
6. Update and review the operations team on all pertinent changes to the facilities to ensure the accuracy of deal files and internal reporting
7. Assist in analysis and reporting of Basel parameters
8. Coordinate with the operations team to update the scope of periodic audits of the asset portfolios in light of the deal terms and recent developments and ensure timely audits; negotiate and implement remedial actions with servicers for any major discrepancies revealed in the audits
9. Maintain organized credit files for credit, regulatory, and compliance purposes. Perform quality control of the approval memos to ensure accuracy and completeness of input
Qualification and Experience
The candidate should have:
10. Experience in credit, portfolio management or structuring experience (preferably in structured finance/securitization) in a financial institution, rating agency, financial guarantor, or asset management firm
11. A strong interest in structured products and credit analysis
12. Strong Microsoft Office skills. Modeling experience is a plus
13. Strong attention to detail – Analyst will have responsibility for due diligence and documentation of transactions to ensure that all risk and business points are covered
14. Oral and written communications skills enabling him or her to effectively interact with internal and external constituents of all levels
15. The ability to work independently to meet deadlines and initiate ideas with other members of the GSP F&S team and Independent Risk to mitigate risk and maximise portfolio returns.
------------------------------------------------------
Job Family Group:
Risk Management
------------------------------------------------------
Job Family:
Credit Decisions
------------------------------------------------------
Time Type:
Full time
------------------------------------------------------
Most Relevant Skills
Analytical Thinking, Constructive Debate, Escalation Management, Financial Analysis, Policy and Procedure, Policy and Regulation, Product Knowledge, Risk Controls and Monitors, Risk Identification and Assessment.
------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
------------------------------------------------------