NBFIs Credit Analyst recruitment

Salary : £51,000 to £64,000

This Senior Analyst position would primarily focus on Insurance companies and is part of the FIs team within Wholesale Credit Risk, reporting to the Senior Manager.

Santander UK

The Santander Group has more than 150 years' experience in global banking and more branches worldwide than any other international bank. We are well on the way to repeating this success in the UK, having been named 'Best UK Bank' by Euromoney for the third year running and 'Best UK Bank' by The Banker for the second successive year in 2010.

As a Senior Analyst your skills and qualifications will ideally include:

Relevant experience in financial markets and wholesale credit for FIs /NBFIs (broad set of counterparties), providing an in-depth knowledge of capital markets and treasury products. Ideally, this experience should include the range of repo, stock borrowing/lending, equity financing and equity derivative products.
Practical experience of credit analysis of NBFIs (including banks and insurance companies)
Ability to undertake financial analysis, write credit reports and articulate to management on key credit issues relating to both counterparty and product risks.
Familiarity with financial statements and accounting terminology
Understanding of legal documentation and regulatory issues, particularly relating to treasury and capital markets products
Initiative and motivation to work independently and to provide quality output, in accordance with business area deadlines and/or target completion dates as may be set.
Strong attention to detail and accuracy of work.
Good written and verbal communication skills.
Ability to work to tight timescales, if required.
General commercial awareness with ability to work effectively and efficiently.
Flexible - willing to adopt work patterns and accept new tasks from management in order to meet the company's business requirements from time-to-time.
Good information search skills.
Computer literacy (good Excel and database skills).
Spanish language skills would be an advantage

As a Senior Analyst your main responsibilities will involve:

Ongoing credit monitoring and timely completion of annual reviews and internal ratings on the assigned portfolio.
Updating internal credit risk databases and the global credit risk management limit, (including communication with Risk in the Group's Head Office, when appropriate), to ensure that data integrity of assets is accurately maintained.
Responding promptly to dealer requests for trade approvals, and to Middle Office queries relating to the portfolio
Liaising with front office (traders and relationship managers), and Legal, Compliance and other internal departments, to ensure prompt and diligent attention to requests for new and increased limits for counterparties, new and amended documentation, and other changes.
Meeting with counterparties, external agency lenders, rating agencies, etc as part of our due diligence on transactions.
Investigation of excess utilisations against limits and other breaches and disputes, and maintaining departmental control functions as allocated.

Santander welcomes applications from all sections of the community