Senior Corporate Credit Manager

JR United Kingdom; London; Hybrid; GBP 50,000 - 80,000; Full time

Job summary

A leading international bank is seeking a Credit Risk Analyst in London, offering hybrid working flexibility. The role involves managing a portfolio of structured financing credit risks, conducting comprehensive risk assessments, and supporting senior management in credit decisions. Ideal candidates will have experience in credit analysis and a solid understanding of financial accounting, with a proactive approach to relationship management.

Qualifications

• Experience in writing credit applications and analysing transactions.
• Good understanding of accounting and financial strengths.
• Ability to interact with Front Office and provide credit support.

Responsibilities

• Ownership and understanding of the risk profile of the structured transaction credit portfolio.
• Formulation and evaluation of credit proposals with comprehensive risk assessment.
• Monitoring credit quality changes in counterparties and industries.

Skills

Credit analysis

Financial analysis

Risk assessment

Communication

Relationship building

Job description

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My client is a growing international bank. This role is based in London but offers hybrid working flexibility (3 days per week in the office, 2 working from home).

The Corporate Credit Team is responsible for providing management and analytical support for the Bank’s activities in its Global Markets business areas (FIC and Commodities) and implementing the Bank’s credit procedures and policies, including approval of credit limits. It is also responsible for managing a portfolio of structured financing credit risks associated with the Bank’s strategic lending transactions and related investing activities, with the primary objective of managing risk within acceptable parameters. This role primarily involves managing a portfolio of structured financing credit risks associated with the Bank’s strategic lending transactions and related investing activities, with the primary objective of structuring, assessing and managing risk within acceptable parameters. The candidate may also support the Bank’s commodities related counterparty portfolio, for both financing and derivatives products.

Key Responsibilities

• Ownership and understanding of the risk profile of the structured transaction credit portfolio
• Formulation and evaluation of credit proposals, with a comprehensive risk assessment for new or increased facilities, in addition to annual reviews on the existing portfolio.
• Undertake quantitative and qualitative financial analysis to develop a comprehensive understanding of counterparty and structural risks.
• Provide support to senior Credit management in all aspects.
• Close working relationship and engagement with Deal Teams.
• Prepare and present applications to Credit Committee and other Risk forums involving Senior Management.
• Articulate credit appetite and give guidance on structure of deals and documents required to mitigate risks as far as possible.
• Coordinate and ensure that post-approval implementation of facilities and legal documentation is in accordance with the conditions of sanction.
• Follow up and address non-adherence to terms and conditions of sanction by counterparties; to consider the inherent risk therein and to make recommendations as to action to be taken to regularise or mitigate such increased risk.
• Participate in ad-hoc projects and portfolio reviews as required from time to time.
• Proactively communicate key risks as they arise.
• Overall management of the portfolio of accounts with appropriate escalation, including credit limit monitoring.
• Monitoring, questioning and understanding changes in credit quality in any counterparty/industry.

Preferred Qualifications and Experience

• Experience in writing credit applications and analysing transactions within the credit risk department of a Financial Institution.
• Good understanding of accounting (both management and financial accounting) to analyse financial strengths and weaknesses of clients and identify potential risks to credit proposals
• Good understanding of lending and derivative products across sectors, including ability to analyse and interpret cash-flow models and conduct sensitivity analysis.
• Ability to understand structured deals and provide guidance to ensure sound security / covenant structures are in place.
• Ability to interact with Front Office providing credit support to Deal Teams and Sales Teams.
• Experience of engaging with clients to discuss transaction terms and related credit risks.
• Working knowledge of the risk systems for monitoring and related procedures for analysing the account behaviour of clients and identifying trends and shifts in credit risk profiles.
• Conceptual and practical knowledge of credit procedures, policies and standards.
• A track record of operating with a personal delegated approval authority.
• Prior experience dealing with non-performing and/or defaulted names, including recoveries, would be beneficial but is not essential.
• Self-starter with a sound work ethic
• Confident and effective communicator (both verbal and written)
• Proactive approach to relationship building with the ability to manage difficult internal and external relationships as needed
• Energy and drive to support others as necessary