Credit Risk Corporates UK (CIB) Principal Manager

TN United Kingdom; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading financial institution is seeking a Credit Risk Corporates UK (CIB) Principal Manager in London. This role involves managing credit risk for large UK and Nordic corporates, requiring extensive experience in credit underwriting and strong analytical skills. The successful candidate will work within a dynamic team, contributing to innovative banking solutions and ensuring compliance with regulatory standards.

Qualifications

• Minimum of 10 years of credit risk underwriting experience.
• Knowledge of UK and Nordic Corporates.
• Fluent in English (C1) and Spanish (desirable).

Responsibilities

• Managing credit for a portfolio of Large UK and Nordic Corporates.
• Analyzing financial statements and macroeconomic factors.
• Participating in credit and business committees.

Skills

Credit risk underwriting

Data analysis

ESG knowledge

Excellent communication

Presentation skills

Education

Degree in Finance or related field

Job description

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Credit Risk Corporates UK (CIB) Principal Manager, London

Client: BBVA

Location: London, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Reference: 0c1efdf9d71b

Job Views: 2

Posted: 23.05.2025

Expiry Date: 07.07.2025

Job Description:

Area: CORPORATE & INVESTMENT BANKING

Company: Z01

What are we looking for?

STEM talent in the BBVA group: What we offer you?

• You will be part of a team of more than Technology and Data experts, in 25 countries, whose aim is to take the bank further thanks to technology.
• You will participate in one of the close to 1,800 cutting-edge technology projects that we implement annually with a positive impact on 85 million people.
• You will work with a wide range of technologies, from the most experienced to the most disruptive: 46 different programming languages, 201 development platforms, etc.
• You will collaborate with our main tech partners - Microsoft, Google, AWS, Salesforce, IBM, RedHat, Telefonica, Cisco, Genesys, etc.
• You will carry out innovative projects in areas such as Development, Architecture, Security, Infrastructure and Data.
• You will learn by working in your project, work with referents, and have access to the entire BBVA training offer and to the Ninja project, a gamified training platform with a community of more than 11,000 participants, more than 2,000 talks, 1,300 workshops, and 48 hackathons.

Previous experience and knowledge:

• Minimum of 10 years of credit risk underwriting experience within a corporate or commercial banking environment.
• Rating tools knowledge. Local Regulatory knowledge.
• Knowledge of UK and Nordic Corporates, Financial sponsors activity and structure, Leverage Finance.
• Data Analysis and Data Driven management.
• ESG knowledge is valuable.
• Develop, program, and purify databases. Data analysis and Data Driven management.

Languages:

• Fluent in English (C1) and Spanish (desirable).
• Other languages are also valuable.

Soft-skills:

• Excellent communication and presentation skills.
• Ability to work under tight deadlines.

Overview

Credit GRM UK manages the credit risk for UK Branch. The team is organized by geography with an industrial view of the portfolio. The Area is responsible for the wholesale credit admission, with the main task to preserve the credit quality of the proposals, integrating ESG factors to ensure profitable growth.

As part of Corporate & Investment Banking (CIB), the area interacts with global markets, global lending & advisory, and transactional businesses for global corporate clients and institutional investors’ requests. It also maintains close contact with corporate credit areas of all the geographies the Group works with, focusing on some new Mid UK Corporates.

The area also includes interaction and management with other risk areas (FI, markets, counterparty, structural, operational, reputational), as well as Compliance, Finance, Legal, etc.

Key Responsibilities include but are not limited to:

• Managing credit for a portfolio of Large UK and Nordic Corporates, assessing total limit risk appetite, analyzing transaction structures, credit and financial risk profiles, and macroeconomic factors. Knowledge of products like LBOs, FI, Financial Sponsors, Leverage Finance, etc.
• Analyzing financial statements, ratings, profitability, sector guidelines, projections, and ESG aspects.
• Managing end-to-end processes from pre-screening and admission to risk extinction, participating in credit and business committees, liaising with audits and control units, supporting internal projects, and monitoring operations and portfolios, with specific knowledge of the UK market portfolio.

Working at BBVA

BBVA is a global company with over 160 years of history, present in 25 countries with over 81 million customers. We are more than 110,000 professionals working in multidisciplinary and diverse teams.

At BBVA, we are ahead of the transformation in banking, challenging the status quo to make life easier for our customers.

Being part of BBVA means developing your career in one of the most innovative companies in finance.

Responsible banking

We are committed to responsible banking to help drive a more inclusive and sustainable society. The future of banking involves financing the future.

We started with the spirit of helping others make the best financial decisions, and this spirit continues today, encouraging innovation and digital transformation to make opportunities accessible to everyone.

Diversity

At BBVA, we believe a diverse team makes us a better bank. We actively support diversity, inclusion, and equal opportunities regardless of race, sex, age, religion, sexual orientation, gender identity, or expression. We foster a collaborative and inclusive work environment.

Our values

Our values define our identity; they drive us to achieve our goals and guide our actions and decisions.