UKC Credit Sanctioning Vice President

Barclays UK; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading financial institution in London is seeking a Corporate Credit Risk Sanctioner to manage and evaluate credit risks in Corporate Banking. The role involves analyzing credit proposals, conducting financial risk assessments, and leading processes for complex transactions. A successful candidate will have experience in sanctioning corporate credit transactions and strong capabilities in financial analysis. The position is based in our London office and requires exceptional communication skills.

Qualifications

• Prior experience in sanctioning corporate credit transactions.
• Proficient in financial modelling or stress testing.
• Experience with credit risk systems.

Responsibilities

• Analyze lending applications and assess creditworthiness.
• Monitor performance of approved lending.
• Develop and implement actions for troubled lending.

Skills

Sanctioning corporate credit transactions

Financial risk analysis

Assessment of business and financial risks

Strong communication and stakeholder management skills

Project finance experience

Job description

Join us as a Corporate Credit Risk Sanctioner where you will play a critical role within Barclays’ Credit Risk team by managing and evaluating credit risks across a diverse portfolio of Corporate Bank clients. Your responsibilities will include analysing and approving credit proposals within delegated authority, monitoring industry and portfolio developments, and conducting in-depth financial risk assessments to ensure risk is managed within acceptable limits. You will lead credit processes for complex transactions, sanction under your delegated authority and/or prepare cases for senior sanctioning, and contribute to strategic risk initiatives and projects. This role requires prior experience in sanctioning corporate credit transactions.

To be successful as a Corporate Credit Risk Sanctioner, you should have experience with:

• Sanctioning corporate credit transactions
• Financial risk analysis (balance sheet, P&L, and cash flow) of clients including supporting the credit approval process
• Assessment of business and financial risks
• Support in financial modelling or stress testing in support of requests/transactions
• Analysis of credit risk across a wide range of corporate and investment banking products
• Transaction structuring and lending product documentation
• Determining/recommending and monitoring of ratings and other relevant credit parameters
• Maintaining internal data systems and supporting internal/external reporting
• Leading credit processes for complex transactions
• Strong preference for candidates with experience in project finance
• Project management and proficiency on credit risk systems, best practices, and system improvements
• Case presentation to committees and senior sanctioners where appropriate
• Good communication and stakeholder management skills
• Proactive contribution to strategic initiatives and projects within the risk function

This role is located at our London office.

Purpose of the role

To assess and approve/decline credit applications based on established credit policies, risk appetite, and regulatory requirements, analyzing financial information, evaluating creditworthiness, and recommending credit terms and conditions to ensure responsible lending practices.

Accountabilities

• Analysis of lending applications, financial statements, credit reports, and other relevant documents to assess the borrower's creditworthiness and repayment capacity
• Monitoring the performance of approved lending, identifying potential risks and early warning signs of delinquency
• Evaluation of the risk profile of each application considering factors like industry trends, borrower financials, collateral, and market conditions
• Provision of independent credit decisions on lending applications, adhering to established credit policies, risk parameters, and regulatory requirements
• Development and implementation of appropriate actions for troubled lending, including workout plans, restructuring, or collections

Vice President Expectations

• Contribute or set strategy, drive requirements, and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/processes; deliver continuous improvements and escalate breaches of policies/procedures
• If managing a team, define jobs and responsibilities, plan for future needs, and manage performance and development. Lead specialists to influence operations, ensure strategic alignment, and balance goals with budgets and schedules
• Demonstrate leadership behaviors: Listen, Energize, Align, and Develop others
• For individual contributors, serve as a subject matter expert, guide technical direction, lead assignments, and coach less experienced staff
• Advise stakeholders on functional and cross-functional impacts and alignment
• Manage and mitigate risks, demonstrate accountability for controls and governance
• Contribute to organizational goals through comprehensive understanding of functions
• Collaborate across business areas to stay aligned with strategies
• Develop solutions through sophisticated analysis and research
• Build and maintain relationships with internal and external stakeholders using influencing skills

All colleagues are expected to embody the Barclays Values—Respect, Integrity, Service, Excellence, and Stewardship—and demonstrate the Barclays Mindset—Empower, Challenge, and Drive.