Credit Manager, Financial Institutions
About the job
6 Month Contract
This role is part of the Risk Division, which is responsible for encompassing 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
You'll be responsible for assisting the team across the portfolio by focusing on completing a series of annual reviews of existing clients (predominately banks) and assisting with some new client requests, which will include a mixture of developed market and emerging market banks, as well as to a lesser extent some non-bank financial institutions (NBFI)
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, analyzing credit profiles of the counterparties, evaluating limit requests versus the established counterparty risk appetite, and managing credit limit structures.
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.
Portfolio management
* Undertake ongoing monitoring of the creditworthiness of the portfolio, using a variety of media as well as ongoing direct contact with clients.
* Maintain the bank's database of client, product and industry information to support effective portfolio management.
What you'll need to be successful
We're looking for the following skills and experience. If you don't have all of these but think you could be a good fit for the role, get in touch.
* Experience of working in a regulated environment, ideally Financial Services
* Proven track record of performance in Financial Services
* Credit analysis experience, ideally pertaining to banks in global markets/investment banking setting
* Emerging Markets experience would be beneficial (though not essential) given the nature of the Bank's business
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.