Assistant Manager - Bilateral Credit

Trading & Shipping; City of Westminster; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading global financial services group is looking for an Associate to join the EMEA Corporate Credit Team in London. This role supports loan and derivatives transactions, focusing on credit due diligence and risk assessment. Ideal candidates will have a background in corporate credit, financial qualifications like CFA or an MBA, and experience in credit risk departments. The position requires strong analytical skills and the ability to communicate effectively with senior management and clients.

Qualifications

• Background in corporate credit with experience in Infrastructure is desirable.
• Financial/business qualifications such as CFA or MBA are advantageous.
• Previous experience in credit risk department or rating agency is a plus.

Responsibilities

• Conduct credit due diligence on new transactions.
• Work closely with the origination team.
• Participate in credit discussions and present views.
• Evaluate transaction structure and pricing risks.
• Produce credit risk memoranda focused on risks and mitigants.
• Manage loan portfolio and present analysis.
• Exert credit approval authority in various product areas.

Skills

Credit analysis

Financial analysis

Portfolio monitoring

Communication

Education

CFA or Master's degree or MBA

Job description

Position: Associate, EMEA Corporate Credit Team

This role sits in the EMEA Corporate Credit Team which is responsible for approving Loans and derivatives transactions across a number of business units. The role will be primarily focused on supporting Nomura's Infrastructure, Acquisition Leveraged Finance (ALF) and Risk Solutions (corporate derivatives) franchises in EMEA. The role is an Associate position within the credit risk team, responsible for due diligence process, portfolio monitoring and assessment of underwriting risk.

Responsibilities

• Conduct credit due diligence on new transactions including business review, financial analysis, stress cases and financial modelling.
• Work closely with the origination team.
• Actively participate in credit discussions, challenging the deal teams and presenting credit views.
• Evaluate transaction structure, pricing and syndication risk.
• Produce credit risk memorandum focused on risk and mitigants.
• Brief senior management and liaise with clients when required.
• Be involved in loan portfolio management and produce and present ad hoc analysis.
• Exert credit approval authority in other product areas including Corporate short term financing, private credit, fund financing and stock lending.
• Work closely with Executive Directors and VPs in the Credit Team, benefiting from ongoing support and training.

Key Objectives Critical to Success

• Confident credit analyst, able to build its own credit views and to defend them strongly.
• Value added interface with business and senior management.
• Flexibility in being able to work on various transactions at the same time and to meet deadlines.
• Knowledge of corporate finance concepts and cash flow lending, Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
• Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
• Inspire Entrepreneurship in People – Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
• Elevate Organizational Capability – Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
• Inclusion – Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Qualifications

• Background in corporate credit with experience in Infrastructure, desirable but not a pre-requisite.
• Financial/business qualification such as CFA, Master’s degree, MBA is an advantage.
• Previous experience in a similar credit risk department, deal team, rating agency or credit fund will be considered.

Company Information

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership.

Credit Risk Management EMEA consists of around 20 London-based analysts which work in one of four areas: Financial Institutions, Sovereigns and related entities, Hedge Funds and Corporates. In addition, the analysts are supported by colleagues based in India. The department is responsible for analysing counterparties, assigning ratings, opining on trade structures and mitigating features, and analysing transactions. We work closely with colleagues in the front office, other areas of risk and in other regions. Each analyst is responsible for a monitoring and managing exposure to a portfolio of counterparties.