Active Credit Portfolio Manager recruitment
Main responsibilities will include:
The Credit Portfolio Manager is responsible for actively managing the retained credit risk on the bank's loan book.
The primary focus is on hedging credit exposure to EMEA corporates, seeking to manage concentrations and to mitigate the impact of credit deterioration.
In order to manage the impact of position revaluations on financial results, this team also supplements credit risk to the bank's portfolio.
Credit Portfolio Managers work closely with Credit Researchers to identify threats to the value of the credit-risk assets the bank holds and to devise pro-active strategies in mitigation, both at macro (total portfolio, industry, geography) or obligor-specific level.
The position is reporting directly to the Head of Portfolio Management and is market facing with responsibility for devising strategy and efficient trade execution.
The position has been newly created and there is ample scope to shape the position profile.
It would suit an individual with extensive experience in the area of credit, with previous experience in a market-facing role as credit trader, asset manager and/or credit strategist.
Skills and experience require required:
Degree educated (Business, Economics, or relevant technical subject) or demonstrably equivalent practical experience.
Industry qualification in a credit analysis or risk management related subject (CFA, CQF, etc.)
Extensive practical experience in the area of credit or fixed income., ideally CDS.
Previous experience in a market facing role, ideally in a credit trading/hedging capacity, but candidates with a credit strategy or asset management background may be considered.
Computer literacy: Microsoft office user, Bloomberg.
Self motivated; Diligent and reliable; Efficient and resourceful; Team player; Comfortable in trading environment.