Financial Institutions Credit Risk Manager

ZipRecruiter; London; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading financial institution is seeking a Credit Analyst to manage risks associated with a portfolio of non-bank financial institutions. This role involves detailed credit analysis, risk assessment, and collaboration with various internal departments. The ideal candidate will possess strong communication skills, a degree in a relevant field, and at least 2 years of credit analysis experience in the financial services sector.

Qualifications

• Minimum 2 years of credit analysis experience, ideally covering funds/NBFIs.
• Experience in a regulated environment, ideally Financial Services.
• Proven track record of performance in Financial Services.

Responsibilities

• Responsibility for a portfolio of NBFI clients focusing on credit risk management.
• Perform detailed credit analysis of financial information.
• Manage the end-to-end credit risk process.
• Ongoing monitoring of credit-worthiness of the portfolio.
• Provide input on credit terms and legal documentation.

Skills

Attention to detail

Strong written communication skills

Strong oral communication skills

Client mind-set

Results and solutions oriented

Self-starter

Pragmatic

Resilient

Well organized

Global mind-set

Education

Degree in an appropriate discipline

Job description

Job Description

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Key Responsibilities

Responsibility for a portfolio of predominately Non-Bank Financial Institutions (NBFIs)

clients, with a focus on funds and asset managers, but also including insurance

companies and broker dealers. Depending on experience the portfolio may include

some Bank counterparties.

Counterparty risk management

Perform detailed credit analysis of financial information, including published and

management reports, financial models, fund newsletters, etc. and appropriate

sensitivity scenarios.

Liaise with clients and potential clients to test and authenticate the information

supplied with a view of determining a sound credit opinion of the risks involved.

Manage the end-to-end credit risk process, including liaising with Front Office on

credit limit requests, assessing credit risk ratings, analysing credit profiles of the

counterparties and evaluating limit requests versus the established counterparty risk

appetite, managing credit limit structures.

Provide input and advice on the credit terms of and support the negotiation of legal

documentation, including GMRA and ISDA with CSA.

Transaction risk assessment

Undertake risk analysis on new and existing transactions for customers with a

particular focus on global markets, commodities and derivative products, but also

including some loans.

Provide assistance to the Front Office on time-sensitive ad-hoc trading requests.

Apply own Delegated Authority when approving transaction / limit requests.

Portfolio management

Ongoing monitoring of the credit-worthiness of the portfolio, using a variety of

sources as well as ongoing direct contact with clients.

Maintaining the bank’s database of client, product and industry information to

support effective portfolio management.

Monitoring, management and reporting of customer positions including limit excesses

(and if relevant alerting the relevant support functions when trade exposures are

incorrectly reported) and the monitoring of non-payment of/disputed collateral calls

and stress testing results.

Liaise with internal departments – within Credit Risk, as well as with

Legal/Documentation, Operations, Compliance, Market/Country Risk, Front Office,

Management etc.

Team and Senior Management Support

Involvement in and oversight of relevant projects and New Product Processes (NPPs)

which relate to the credit risk management of relevant Financial Institution clients.

Supporting team members in their own relationship management efforts where

necessary, including by assisting with ad-hoc credit analysis, performing the

secondary credit manager function, etc.

Provide support to the Head of Financial Institutions Credit Risk, London and the

Global Head: Financial Institutions Credit.

Qualifications and Experience

A degree, or equivalent in an appropriate discipline

Experience of working in a regulated environment, ideally Financial Services

Proven track record of performance in Financial Services

Minimum 2 years of credit analysis experience, ideally covering funds/NBFIs

Personal attributes:

Pays attention to detail

Self-starter

Strong written & Oral communication skills

Well organised

Pragmatic

Resilient

Client mind-set

Results and solutions orientated

High level of integrity

Global mind-set