Manager, Credit Risk recruitment
Manager, Credit Risk
6- 9 Month Fixed Term contract - possible could go permanent
£30,000 - £40,000 + bonus + benefits
City
The Role
Reporting to Senior Manager - Risk you will provide independent credit appraisal of business proposals within specified turn around time. This involves going through the business proposals and secondary research reports (including external rating rationales, equity reports etc), interaction with business group and senior management of client companies to understand their business and financial profile, having discussions with the internal corporate legal team pertaining to transaction structure and potential legal issues, interacting with the global credit risk team and finally assigning a credit rating. The role includes:
- Revert to the corporate business group with queries on the proposal note within 2 working days. Ensure all major queries are sorted out prior to the case being discussed at the relevant committee.
- Documentation of proposal related information to be in conformity with requirements as set out by the Bank
- Risk analysis of specific transactions and preparation of rating rationales. Articulate key credit issues at credit committees. Disseminate key risk issues and relevant recommendations for risk mitigation through 'rating rationales' to the ECRC BCC members.
- Assist in reviewing existing policies and introducing new ones. Develop and review frameworks for assessment of different types of lending transactions
- Review of existing client exposures. Active monitoring of key clients/large exposures and exposures to specific products
- Check irregular activity report and take appropriate action on delayed credits and check monthly/quarterly portfolio review reports
- Keep abreast of key news items pertaining to clients especially large and critical clients
- Monitoring and performance review of existing portfolio
- Assist in the development and implementation of robust credit risk management systems, procedures and controls with the objective of identifying, measuring, monitoring and mitigating the key credit risks facing the Bank.
- Policy related work, improvement of risk management processes, procedures and controls
- Setting up and monitoring and the adherence to various credit limits set by the bank.
- Ensure compliance to Basel-II norms applicable to bank with respect to credit risk.
- Visit clients as part of the credit assessment process where necessary
Who they will consider
You must:-
- Have previous experience of accessing credit risk within the financial services industry
- Can analyse and conduct credit ratings and analysis by understanding both key qualitative and objective matters.
- Can assess management risk and define key financial ratios
- Have experience with regulatory projects, ICAAP and modelling if any.
- Can elaborate on stress testing and scenario analysis if undertaken for the overall portfolio.
- Can talk us through the key products handled. Have experience with derivatives and know how derivative exposure is measured.
- Are able to assess working capital requirement of a client.
- Be able to analyse proposals in considerable detail, and from a range of angles, while never losing sight of the 'big picture' and propose creative solutions that assist the business in achieving returns commensurate with risk profile
- Ability to work in unstructured work environments
- Ability to make a real contribution in a rapidly changing environment. Should thrive on change and be a fast learner
- Strong analytical and interpersonal skills
- Experience of writing credit reports, policies is beneficial
