Analyst/AVP – Credit Officer
Financial Institutions Credit Risk (FICR) based in London is responsible for effective management of credit and trading risk exposures within established parameters. In particular it provides risk assessment, transaction structuring, execution, and risk profile monitoring for FI and sovereign counterparties in Europe, Middle East and Africa (EMEA).
FICR partners with teams across GCIB including Corporate and Investment Banking, Sales Trading, and Global Treasury Management to build an efficient risk/reward portfolio while maintaining robust risk discipline. Integral to FICR’s mission is its partnership with other parts of the Risk organization, e.g. Market Risk, Operational Risk, etc.
Typically, the position of the Credit Analyst involves:
- Financial Analysis
- Transactional Analysis
- Portfolio Monitoring
Responsibilities
Supporting the Credit Officers (CO) in carrying out their responsibilities for managing all credit aspects of their portfolios.
The role would include, inter alia, supporting the CO in:
- Analysing financial statements, prospectuses, constituting documents, and news flow with a view of formulating and substantiating a recommendation for credit appetite and risk rating (towards assessing probability of default)
- Taking ownership for and being accountable for a portfolio of counterparties
- Analysing and determining credit risk associated with proposed transactions for those counterparties, understanding how these transactions fit within the counterparties’ strategy
- Recommending credit terms for legal agreements governing such transactions
- Ensuring that his/her portfolio of counterparties are analysed, accurately rated, and monitored on a timely basis
- Ensure that requests be analysed and escalated with due level of care and understanding, and a sense of urgency
- Follow, monitor and elevate market trends and events which may impact the credit quality of the counterparties covered
- Play an active role in the due diligence process and analysis of complex credits and transactions, as well as more standard ones
- Ensuring to significantly contribute to the portfolio and credit management process being at all times rated "satisfactory" by internal auditors and Credit Review and external Regulators
- Participating in ad hoc FICR projects
Requirements
Essential:
- A Credit Officer is expected to understand and manage the counterparty credit risk exposure of individual counterparties. This will include:
- Strong credit skills and risk judgement, and ability to rigorously defend a point of view, both within Risk, as well as to senior business partners.
- Knowledge and relevant credit experience of European financial institution and regulated markets
- Familiarity with derivatives documentation (ISDA/CSA) and LMA loan documentation.
- Sound product/technical knowledge across lending products.
- Excellent communication skills, both written and verbal
- Good organisation skills and attention to detail
- Keen business interest and an enquiring nature
- Fluency in use of all Microsoft Office applications, particularly Excel
- European language skills are an advantage
Leave a Reply
You must be logged in to post a comment.