Deputy Head of Credit Risk Management recruitment

Your Objective: To analyze counterparties, identify, quantify and mitigate risk drivers in commercial and investment banking transactions, monitor risk exposures, and address counterparty risk deterioration

Position Description:

• Analyze and mitigate credit risk from trade finance and derivative transactions (derivatives focus mostly on foreign exchange and interest rates but potentially include all product classes).

• Primary responsibility for industry-level coverage of Chinese counterparties, primarily corporate but potentially including  financial institutions.  

• Interface directly with front office staff across all business divisions (e.g. global markets, trade finance, corporate finance)

• Conduct independent due diligence on counterparties, including financial analysis, leading client meetings, and preparing rating and credit reports. 

• Coordinate with other Risk units (Market Risk, Treasury, Operational Risk) on credit approvals, counterparty information and credit risk control requirements.

• Assess global, regional and local market events/trends and their impact on the portfolio of counterparties managed.

• Daily control and exposure management of credit facilities, including follow up on trade execution, booking, credit limit implementation, reporting and monitoring.

• Ensure proper credit terms are incorporated in trading documents, confirmations and other relevant documents.

• Ensure compliance with relevant PRC regulations. 

• Work with internal operations teams to ensure accuracy of information global risk reporting systems.

Performance Measures:

• Quality of credit analysis and trade evaluation.

• Soundness of judgment in making independent decisions.

• Understanding of products and transaction risk characteristics.

• Ability to balance risk and return in considering transaction approvals.

• Ability to communicate concerns and decisions clearly and effectively with business partners, senior management and clients

• Professionalism of interaction external and internal clients

Required Skills/Attributes: 

• 8-12 years experience in credit risk management and assessment, with focus on corporate sector

• Experience in international bank preferred

• Strong communication skills (both written and verbal)

• Ability to deal professionally and independently with front-office staff and external clients

• Understanding of Chinese financial markets, financing structures, and regulatory framework.

• Understanding of key products in capital markets (e.g. swaps, FX, equities, and collateralised transactions/structures) and trade finance, with focus on product risks.

• Ability to work under pressure

• Familiarity with legal documentation and risk issues, including ISDA, NAFMII, CSA, and credit mitigating measures.

• Team oriented, flexible, diligent, self motivated.

• Sound knowledge of standard computer applications, particularly Excel, Powerpoint and Word.

• Fluency in English. Business level command of Mandarin.

Please click on the apply button or contact marc.baloch@futurestep.com for further details.

PLEASE UNDERSTAND THAT WE WILL ONLY CONTACT SHORTLISTED CANDIDATES, BUT WILL KEEP THE RECORDS FOR FUTURE REFERENCES