Manager – Balance Sheet Management recruitment

The Role:

This Manager role is in the credit portfolio risk analytics space. This is a fairly quantitative role with previous experience of portfolio credit risk analytics and credit portfolio modelling in a credit portfolio management environment; also include experience in acquiring, specifying, transforming and loading data into portfolio credit risk models. Proven experience in RiskFrontier or similar model (CreditManager or other internal model) required.

KEY ACCOUNTABILITIES:

•  Source and ensure Portfolio Credit Risk Models are appropriately populated with reliable and robust data.

•  Assess Marginal Risk/Return contribution of origination to determine reward for credit risk consumed.

•  Assess fit of origination with strategic B/S Risk Management goals, Target Portfolio Risk Return Profile and Risk Appetite.

•  Provide Portfolio Risk-Return perspective direction and challenge on material credit products, markets and sectors.

•  Apply portfolio analytics to identify Concentration Risk Spikes, Diversification Pockets, Best Worst Performers, opportunities for Risk-Return Optimisation and Risk Distribution.

•  Apply portfolio analytics to determine Target Portfolio Risk-Return Profile and strategic B/S Management and Business goals.

•  Assess impact of Change, Optimisation and Distribution scenarios on Portfolio Risk-Return profile.

KNOWLEDGE, EXPERIENCE AND SKILLS NEEDED:

•  3-5 yrs experience in Corporate Banking, with relevant product knowledge.

•  Educated to degree level in a relevant discipline.

•  Previous experience in credit portfolio risk analytics and credit risk modelling.

•  Previous experience in using internal or external credit risk modelling applications (e.g. CreditManager, RiskFrontier) a distinct advantage.

•  High level of portfolio risk analytics capability, and ability to draw insight from analytics outputs and apply to informing assessment of portfolio risk-return, and origination and optimisation decisions.

•  Knowledge of credit risk and risk mitigation techniques, economic capital, and regulatory capital framework.

•  Good banking and lending product knowledge including instruments used to achieve risk mitigation (CDS, securitisation, etc).

•  High level of data extraction, manipulation, transformation and management skills, plus ability to specify data requirements to outside sources.