Credit Ratings Analyst – Funds recruitment

Location: London
Salary : Up to £45,000 + Excellent Benefits
6 Month Fixed Term contract (Maternity Cover)

This is an exciting opportunity to join a high profile fund analyst team on a 6 month Fixed term contract working with a wide exposure to a global portfolio, with significant proportions of counterparties established in UK Western Europe.

Santander UK

The Santander Group has more than 150 years' experience in global banking and more branches worldwide than any other international bank. We are well on the way to repeating this success in the UK, having been named 'Best UK Bank' by Euromoney for the third year running and 'Best UK Bank' by The Banker for the second successive year in 2010.

As a Fund Analyst your skills and qualifications will ideally include:

Previous experience of credit analysis of Traditional Funds
Knowledge of Agent Lender Disclosure ('ALD') procedures and systems
Experience of recognising higher risk funds
Strong attention to detail and accuracy of work.
Financial markets or credit experience, preferably with a working knowledge of treasury and capital market products and/or credit analysis Good skills in information search, research and processing.
Numerate and literate with an ability to (or to learn to) undertake financial analysis, write credit reports and brief management on key credit issues.
Commercial awareness, initiative and motivation to work independently, effectively and efficiently, providing quality output, in accordance with business area deadlines and/or target completion dates as may be set.

As a Fund Analyst your responsibilities will include:

Ensure the satisfactory credit quality of assets relating to traditional fund counterparties, through monitoring the ongoing performance of existing counterparties and assessing the credit quality of prospective counterparties
Ongoing credit monitoring and timely completion of annual reviews and internal ratings on assigned portfolio.
Update of internal credit risk databases and the global credit risk management limit, (including communication with Riesgos Madrid when appropriate), to ensure that data integrity of assets is accurately maintained.
Responding promptly to dealer requests for trade approvals, and to Middle Office queries relating to the portfolio
Liaising with front office, external agency lenders, SGBM Legal, SGBM Compliance, etc, to ensure prompt and diligent attention to requests for new and increased limits for counterparties, new and amended documentation, and other changes.
The monitoring of data on limit utilisation, collateral and performance, and investigation of issues of credit concern
Production of reports for departmental MI reporting and control functions as allocated.

Santander welcomes applications from all sections of the community.