Credit Risk Analyst

London Stock Exchange Group; City Of London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading financial services provider is looking for a Credit Risk Analyst in London. The role involves monitoring credit risk exposures, drafting reports, and ensuring compliance with risk control frameworks. Candidates should possess a relevant degree and general knowledge of the financial industry. This position offers opportunities for career growth and is part of a diverse and inclusive workplace.

Benefits

Healthcare

Retirement planning

Paid volunteering days

Wellbeing initiatives

Qualifications

• This is an Individual Contributor role.
• General knowledge of the financial services industry.

Responsibilities

• Monitor and analyze credit risk exposures.
• Draft Daily Credit Monitoring Reports.
• Provide regular reports for stakeholders.

Skills

Analytical skills

Knowledge of financial services

Report writing

Education

Degree or equivalent in a relevant field

Job description

Role profile:

The Credit Risk team ensures that credit risk exposures are adequately monitored and modelled in order to take informed action, providing analysis and oversight of counterparty risk exposure derived from clearing, settlement, custody, payment, treasury and other group activities. The team also assesses counterparties to determine risk limits, utilising internal and external information sources.

The candidate will support ongoing monitoring and analysis of risks.

Key responsibilities of the role:

• Perform ongoing monitoring and analysis of risk, identifying areas of credit risk exposures and escalating changes as appropriate:
  • Learn role and responsibilities of a Credit Risk Analyst and provide support to the wider Group Risk function.
  • Review all checklists and procedures on an ongoing basis and take responsibility for updates where required.
  • Ensure understanding of applicable Group Risk policies.
  • Draft Daily Credit Monitoring Reports summarising:
    • Key financial and other market data releases
    • Significant changes in market data information including external ratings and share price fluctuations
    • Breaches of clearing activity thresholds/limits
  • Ensure appropriate escalation of any breaches and significant news stories to senior management.
• Analyse and interpret data to provide regular reports for stakeholders, identifying risks outside appetite:
  • Draft and present Internal Credit Score (ICS) Assessments and any ad hoc analysis to the Credit Risk Working Group and LCH Ltd CRO covering different counterparty types such as banks, non-bank firms, sovereigns and funds:
    • Assessments to include analysis of financial profile including balance sheet and income statement information, review of operational capability, rationale of the final ICs, a peer comparison, and when applicable, an exposure and limit summary.
• Complete routine risk reporting and production of management information to support decision making, ensuring escalation of applicable counterparty ad hoc news stories in a timely and accurate manner.
• Adhere to applicable risk control frameworks, policies and procedures in scope of own role:
  • Ensure understanding of the KRIs and controls in place for the Credit Risk function.
• Ensure internal databases and systems are kept up to date:
  • Maintain internal database systems with updated counterparty financial and ICs information, ensuring accuracy and updates are implemented in line with KRIs.
  • Learn how to summarise and interpret Credit and relevant Market risk data from the Tableau dashboards.
• Support the Credit Risk and wider Group Risk team to deliver risk projects and activities.

Required Skills:

• This is an Individual Contributor role
• Degree or equivalent in a relevant field
• General knowledge of the financial services industry

Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone's race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.