Credit Risk Manager recruitment

The Company
A privately owned financial services business founded in 1987 whose areas of expertise include Asset Management, Corporate Capital and Property. The company currently has more than 160 staff based in London, West End. The Asset Management division has a diverse offering which serves a wide client base ranging from institutions to private clients. The product range includes alternative fund of funds, single manager hedge funds, cash funds, private client investment management, private equity and VCT services. The company is currently looking to build up its risk management function. This is an opportunity to join an exciting and dynamic organisation.

The Role
You will be required to perform thorough and detailed credit analysis and research on new and existing issuers/counterparties. This will involve objectively assessing issuers/counterparties, identifying key risks and conducting research to reach a reasoned conclusion and provide recommendations;

Continuous monitoring of the credit quality of issuers/counterparties to take an early pro-active stance to minimise potential losses;

Responsible for reviewing and setting credit limits.  Ensuring that all limit changes are properly agreed with and communicated to relevant stakeholders and are appropriately documented;

Developing credit and counterparty risk standards, policies and methodologies that ensure compliance with internal risk appetite and in accordance with UCITS regulations [where applicable];

Reviewing ISDA documentation and derivative term sheets and assessing the transactional credit risk;

As we are a small risk team, there would be a requirement to be involved in the department’s other tasks and responsibilities and providing cover for other members of the team.  This may include, but will not be limited to, risk reporting.

Requirements
The ideal candidate will have the following qualifications/skills:

Highly numerate and analytical, with a minimum 2:1 degree;

Credit and financial analysis expertise is essential with relevant experience gained in a bank, insurance company, rating agency or investment manager;

The ability to produce assessments of the default risk and loss given default for financials, sovereigns, supranationals and agencies;

Knowledge of credit risk modelling and portfolio risk management;

Sound understanding of credit risk in derivative transactions and be familiar with options, swaps, and fixed income products;

Should have thorough understanding of the transactional documentation;

Strong quality focus and pronounced risk awareness;

Prior experience in credit approval process;

Sound knowledge of capital markets products and risk drivers

Strong documentation and risk mitigation skills;

Intermediate Excel skills essential;

Attention to detail;

 

Ability to work to tight deadlines

 

Ability to multi-task and prioritise, with a good judgment for materiality;

 

Strong verbal and written communication skills.