Responsibilities
* Preparation of annual credit reviews for margin finance clients, including detailed financial and credit analyses
* Participate in credit due diligence as part of the client review process
* Assess and judge the creditworthiness of existing and new counterparties and recommend appropriate credit limits
* Ensure all margin finance applications comply with Credit Policy and the business is protected as far as possible from credit risk events.
* Producing monthly and quarterly Management Information to present to Senior Management and Desk Heads/Account Executives
* Liaise with EMEA Credit Department on annual credit client renewals and new counterparties reviews
* Attend weekly committee meeting with EMEA to share and update information
* Maintain and monitor the daily suite of Credit Risk reports
* Daily review of credit client margin calls and the drivers of the margin call
* Monitor credit clients on an intraday basis using TS Imagine
* Track ongoing performance of credit clients, escalate to senior management when required
* Assist in setting of initial margin limits for all clients (Cash and Credit)
* Process annual reviews of bank and clearing counterparties
* Provide information to customers’ external auditors
* Maintain a log of client SBLC/Parental guarantees
* Engaging proactively with front office on credit related matters
* Adhere to Risk Management Framework
* Enhance and challenge standards as and when required
Experience Required
* 2-3 years’ experience with industry products (securities, futures, options etc)
* Strong fundamental credit analysis skill set.
* In-depth knowledge of credit analysis
* A solid understanding of accounting and financial data analysis
* Knowledge of credit management and mitigations tools
* Advanced Microsoft Excel
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