Credit Risk Manager

BACB; City Of London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading UK bank is seeking a Senior Associate level Credit Risk Analyst to join their Credit Risk Management team in City of London. This role involves reviewing credit applications for approvals on the bank's portfolio, monitoring risk exposures, and collaborating closely with other teams. The ideal candidate will possess at least 5 years of experience in credit risk assessment and a graduate degree in a related field. Strong analytical, communication, and interpersonal skills are essential.

Qualifications

• Minimum of 5 years relevant experience in a similar role.
• Experience in structuring and mitigating risk in complex transactions.
• In-depth understanding of accounting, legal, and regulatory issues.

Responsibilities

• Review and recommend/decline/approve applications for credit.
• Monitor Credit Risk exposures and report findings to Senior Management.
• Collaborate with cross-functional teams to support Credit Risk objectives.

Skills

Credit risk assessment

Analytical skills

Communication skills

Interpersonal skills

Teamwork skills

Education

Graduate degree in Finance, Economics, or Business Administration

Job description

About Us

BACB is a UK bank that offers trade finance and complementary products to clients in specialist markets, especially Africa and the Middle East.

We have been helping businesses with trade finance and complementary products for over half a century, focusing on trade flows to and from Africa and the Middle East as well as real estate in the UK.

Our in-depth knowledge of the countries and practices where our clients operate ensures that we put them first.

Additional Info

• Hybrid Working: 3 days onsite, 2 from home
• Location: City of London
• Contract Type: Permanent

Job Summary

We are seeking a highly skilled and experienced Senior Associate level Credit Risk Analyst to join our Credit Risk Management team. This role is responsible for the review and assessment of credit applications for final approvals on our FI portfolio, mainly across the Emerging Markets, with ad-hoc coverage of corporates and real estate. The tasks will also involve ongoing management and reporting of the Bank's risk exposures and limits. This position entails close collaboration with other teams across 1st and 2nd LODs, requiring strong communication, interpersonal and stakeholder's relationship and teamwork skills.

Key Work Outputs and Accountabilities

• Review and recommend/decline/approve applications for credit across all products offered by the Bank.
• Work in partnership with Risk operations to ensure effective end to end credit processes.
• The role holder is expected to get familiarised with the internal credit risk frameworks within reasonable timeline and apply this to scrutinise the credit proposals in terms of compliance with approved policies and risk concentration limits.
• Monitor Credit Risk exposures and report findings to Senior Management, providing actionable insights and recommendations.
• Work closely with cross-functional teams, including other Risk teams, Finance, and Compliance to support BACB's Credit Risk objectives.
• Identify opportunities for process improvements and implement changes to enhance the efficiency and effectiveness of Credit Risk management.
• Stay updated on industry trends, regulatory changes, and emerging risks to proactively adjust Credit Risk strategies.

Required Qualifications and Experience

• Excellent credit risk skills with an in-depth understanding of relevant accounting, legal and regulatory issues in FIs, Corporates and Real Estate.
• Strong attention to details, analytical and writing skills to deliver concise credit recommendations for final approvers.
• Academic credentials in the field of Finance, Economics, or Business Administration, or other related field, ideally to the graduate level.
• Excellent communication and interpersonal skills with the ability to build strong working relationships.
• Minimum of 5 years relevant experience in a similar role, with experience in structuring and mitigating risk in complex transactions.
• Ability to work independently and as part of a team, with strong organisational and project management skills.
• Exposure to Emerging Markets in Africa and Middle East would be an added advantage.
• Language skills would be an added advantage (French/Arabic).