Credit Risk Analyst
Permanent position - Hybrid working on offer
City based International Bank
Salary £65k
The Risk Department is headed by the Bank’s Chief Risk Officer and comprises a small team of three professional officers (not including this new role). This is a new position which will hold primary responsibility for the Bank’s Credit Risk 2LoD Oversight function. The ideal candidate should have understanding of risk management in the asset finance space and should be willing to add value wherever possible.
Main responsibilities will include;
* Assessing the credit applications received from Front Office (1LoD); asses credit risk through analysis of financial statement and other relevant credit data.
* Evaluate sector, environmental and business risks associated with the credit requests.
* Manage and improving the risk profile within the customer segment by implementing lending and credit guidelines and ensuring credit standards are consistent with banks credit policy.
* Review transaction and ensure transactions comply with credit sanctions and documentation requirement.
* Partner with key stakeholders to review new structures, policy exceptions and control solutions.
* Interact and manage expectations with 1LoD (business and sales team) and guide them in risk identification, analysis and presentation.
* Monitor customer covenants.
* Assist any coordinating any drawdowns in facility and maintain appropriate records and reporting as required.
* Work collaboratively with other risk disciplines such as operational risk where appropriate to ensure enterprise-wide view of risk is considered for a counterparty, portfolio, asset class etc.
* Maintaining an updated watchlist and informing the team of any news that may change a recommendation or require senior management action and Liaising with Finance for IFRS 9 provision model calculating & reporting
* Proactively monitoring loan portfolio and identify important early warning signals for 1LoD
* Attend Credit Committee meetings for the purpose of taking notes and subsequently drafting a full set of minutes for approval by the committee members.
* To abide by the requirement of the FCA’s Consumer Duty Regulations to ensure customers’ needs are placed first and fairness and good value remains at the heart of the Bank’s products and services.
* Other functions and tasks as maybe required to assist the CRO.
To be considered for this position, ideal candidates must have the following experience and skills;
* Solid experience in a related role; Credit Risk and Trade Finance Risk preferably in the African region
* Strong credit underwriting skills
* Strong understanding of key traditional trade instruments and their various risks
* Experience in structured finance transactions
* Demonstrated ability to operate in a time-sensitive environment while multi-tasking is a must have
* Curious intellectual & business acumen with willingness to take a leading role in a wide range of initiatives and provide solutions
* Excellent ability to communicate effectively at all levels of the organisation
* Good interpersonal skills with aptitude to influence decision process and align risk strategy with business objectives
* Self-starter with demonstrated track record in successfully leading collaborative efforts with other constituents who may have different backgrounds, risk understanding, skill sets and priorities
* Experience in interpreting and negotiating legal documentation would be an advantage
* Strong attention to detail
Candidates must also have the right to work in the UK. I’m afraid sponsorship isn’t offered for this position.
Due to the high volume of CVs that we receive, only successful candidates will be contacted. Thank you for your time and patience.