Emerging Market FI Senior Credit Analyst
Purpose:
Europe Credit Division’s (ECD) principle responsibility is to maintain and monitor the quality of that part of the lending book falling within its jurisdiction (Europe, Africa and the Middle East), in accordance with Bank policy and the procedures contained in standard instructions. Specifically, ECD will:
- Approve credit / risk lines up to the approval level of the General Manager / Department.
- Review and provide a recommendation to MEO Europe and Head Office on credit / risk line requests above the approval level of the Department.
- Review and monitor the loan portfolio to maintain a balanced and quality driven asset base
- Review and monitor developments in emerging market countries and their banks under ECD’s jurisdiction.
- Disseminate and ensure compliance with bank credit policy, regulatory requirements and local laws.
- Act as a point of reference and maintain a constructive and supportive relationship with the Branches for all matters relating to lending.
Accountabilities and Responsibilities:
- To carry out a thorough analysis of Financial Institution credit applications and emerging markets country risks in the EMEA region. Based on this, prepare credit reports and recommendations to the Management enabling a final credit judgment to be made.
- Where necessary in order to gain a better understanding of the credit, attend bank meetings or make on-site and country visits.
- Monitor developments by Country and across the Financial Institution sector, identifying major risk factors and investigating any adverse trends that may affect existing clients / quality of book; bringing these to the attention of Senior Management.
- To initiate and/or undertake projects that will contribute to improved risk assessment of emerging countries.
- To develop and maintain information sources relevant to emerging market countries under Europe Credit jurisdiction to the extent of being ready to exchange views and/or opinions with external organizations such as other banks, institutions, rating agencies and so on.
- To conduct credit reviews and assess internal ratings on a regular as well as on adhoc basis.
Effectively liaise with, and provide guidance to, the business side on all credit and emerging market country risk related matters.
Key performance indicators: (4 to 6 key measures on which successful performance in job will be judged. Could include revenue targets, cost/budget targets, error targets, service standards, new business or client targets, or more qualitative targets such as client feedback)
- Demonstrate a good understanding of credit analysis techniques and an ability to identify key risk issues in a proposition.
- Demonstrate an ability to collect and assimilate information and make sound lending / portfolio judgements and recommendations based thereon.
- Process credit applications in a timely manner and manage workflow so as to ensure response deadlines are met
- Demonstrate an ability to communicate thoughts, ideas and information succinctly, clearly and logically both verbally and in writing at all levels
- Production of concise and comprehensive country reports as required
- Demonstrate a high level of knowledge derived from hands on research into emerging mkt countries.
- Demonstrate an ability to develop personal contacts/information resources such as banks, governmental authorities etc within the emerging market countries to be assessed.
- Demonstrate a knowledge and understanding of Bank systems, procedures, products and sectors of operation, and the risks relating thereto.
- Seek to:
- Promote high quality lending standards throughout the Bank and assist members of staff within branches and subsidiaries on all credit related matters.
- Co-operate and support colleagues within the Department both in terms of workflow and, as appropriate, the provision of advice
Key Risk Indicators (measures of risk set down in business plans or departmental operational risk plans as they relate to this individual role)
To include, but not limited to:
- Annual asset quality assessment to identify and indicate relevant risk and its cost related to the assets approved by the Europe Credit Division.
- Obligor risk to be reviewed at least once a year to examine the appropriateness of reserves for possible loss and rated accordingly.
Daily monitoring of events and press comments as they relate to the portfolio, loan markets and changing country risks.
Relationships: (key relationships and contacts, both internal and external which directly affect success of the job holder’s activities)
- INTERNAL - Originating teams and management in branches / subsidiaries; In-house lawyer; Overseas Branches / Departments
- EXTERNAL - Credit Agencies; Brokers; Accountants; Lawyers; Other Lenders; Industry Specialist / Trade Organisations; International Banks, Central Banks, Government Ministries and/or Authorities; Research Institutions.
THE PERSON
Experience : (type and length of technical and/or business experience/track record needed – specify whether essential or desirable)
- Ability to undertake emerging market country risk analysis.
Qualifications and Training: (academic, professional and/or banking qualifications; training courses completed or accreditations – specify whether essential or desirable)
- Proven ability to learn (educated to degree level in a relevant discipline, e.g. Economics)
- Previous credit analysis experience, including the analysis of financial institutions and sovereign risk.
- Knowledge of accountancy.
- Attendance on internal or external Credit and related courses
- Knowledge of a European language - useful but not essential.
- Good credit analysis and research skills.
- Ability to understand and interpret balance sheets, PL accounts and cashflows.
- Good oral and written communication / presentation skills and ability to communicate at all levels
- Computer literate - word-processing and Powerpoint.
- Advanced spreadsheet skills to include model and chart building.
- Ability to research subjects independently via Internet, Bloomberg, etc.
- Ability to work in a time constrained and cross cultural environment
- Knowledge of Rating Agency’s methodologies.
- Knowledge of emerging market political, economic and legal structures
Competencies:
Core: (if you want to apply differential weightings to each competency show this in brackets % next to each competency)
- Thinking, Problem Solving and Decision Making
- Initiative and Innovation
- Delivery of Results Time Management
- Compliance
- Business Awareness
Communication at all levels / Personal Effectiveness / Team working
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