Senior International Banker recruitment

Core functions include the provision of administrative, analytical, relationship management, and sales assistance in relation to the underlying credit portfolio.  Key activities include the structuring, underwriting, monitoring and reporting of client transactions to management and internal risk management committees along with assisting with strategic business initiatives.

Principal Responsibilities

Credit Risk Management (60%)

• Assumes primary responsibility for credit and risk management aspects of assigned relationships: demonstrating a high degree of understanding in respect of the credit and operating risks associated with the totality of the client relationship; structuring arrangements to mitigate significant/manageable risks while satisfying client needs.

• Structure and underwrite credit facilities for all assigned new credit relationships and inter company credit facilities within agreed time frames. 

• Ensure credit requests are handled appropriately such that (1) all facilities are analyzed/reviewed and brought to credit committee at least annually; (2) all Watch List credits are reviewed at least quarterly; and (3) all credit requests are completed in a timely manner, and distributed to credit committee at least two days before the committee meets.

• Reviews, analyses, and monitoring are to reflect a risk-based approach to credit.

• Manage individual client exposure levels based on exposure guidelines and client risk profiles in consultation with relationship managers and Corporate Institutional Services Risk Management to appropriately maximize the risk return relationship.

• Where applicable, understand and track the composition of each syndicated credit bank group and the services provided by each bank.

• Monitor clients and portfolios for changes in risk and update management on key issues that impact overall credit quality.

• Review legal documents, with appropriate internal partners where appropriate, to ensure terms match approval granted by credit committee and bank is properly protected; submit completed loan documentation on a timely basis. 

• Maintain organized, current credit files for assigned clients. 

• Timely complete New Client Take On risk assessments as required.

Administrative Management (10%)

• Communicate effectively and efficiently with members of the relationship management and Corporate Institutional Services Risk Management teams regarding key relationship issues to meet client satisfaction goals in support of overall strategic management of each relationship.

• Work with appropriate bank personnel to accurately book and maintain credit exposures in the bank’s internal accounting systems.  Ensure revenue recognized from loan advances and committed facilities accurately reflects negotiated loan arrangements.  Ensure no past due fees exceeding 90 days from invoice date and no loan documentation deficiencies exceeding 90 days. 

• Provide backup to Head of GFI for non-HR administrative duties and back-up to International Credit Portfolio Managers for daily credit administration functions.

• Understand internal profitability of each relationship, and ensure proper tracking of internal business metrics.

• Manage travel and entertainment expenses within budget.

Strategic Issues (10%)

• Support new product and new market entry initiatives.

• Provides back-up to the Head of Guernsey Credit for other activities.

• Support risk mitigation strategies for higher risk global custody clients and other strategic development needs in support of expanded business development efforts within the Global Fund Services business.

Relationship Management (20%)

• Serves as internal sponsor for credit-related issues, taking the lead in recommending appropriate credit actions.

• Communicate credit strategy to both internal and external clients as appropriate.

• Participate as appropriate in client solicitation and presentation meetings; including meetings with wholesale counterparties and sub-custody and nostro banks as appropriate.

• Perform credit research and assist, as requested, via meetings and otherwise, with calls on prospects, in coordination with Sales Marketing and other personnel.

• For clients, prospects, and counterparty calls: (1) calls should be made with thorough preparation and a specific agenda, and; (2) client and prospect calls should be documented on ERM within two weeks.

Knowledge/Skills:    

• Knowledge of finance and accounting

• Analytical and communications skills

• Highly detail oriented

• Knowledge of the banking industry – custody knowledge highly beneficial

• International awareness and interest

• Comfortable with legal and regulatory issues

• PC literate – Excel/Word

Experience Required:             

• 15+ years commercial banking experience

• Lending Experience

• Formal credit training

• Strong demonstrated analytical skills

Custody knowledge and knowledge of collective investment schemes