Credit Risk AnalystCorporate Grade:
Broad Cross-Sector and Product KnowledgeLocation:
London Relevant Experience: 3
in a relevant role within the credit arena.Salary:
c.£50,000 to £60,000
My client, a leading Global Banking Group, requires a Credit Analyst with experience working with of the Early Warning Indicators (using credit risk models) to identify any deterioration of credit quality of large transactions and portfolios to avoid financial losses.
Key responsibilities include managing the limit monitoring process and escalating findings to senior credit officers through concise reports, presentations and reviewing appropriate approval documentation to ensure all exposure remains within the appropriate risk appetite.
- Establish and improve Credit Risk standards to help the EMEA Credit teams to adhere and manage their credit risks according to business risk appetite through a collaborative approach.
- Monitoring market news and trends to source early warning indicators in front office transactions.
- Assist in the production of a new early warning indicator model across multiple sectors and work with sector specialists to review early warning models across all sectors.
- Support the cascade of the bank's risk appetite into its credit risk frameworks.
- Conduct credit analysis across an entire European portfolio to assess the financial credit strength and accuracy of internal credit ratings.
- Monitor and control credit exposures to ensure compliance with the authorised portfolio and individual obligor limits.
- Running financial models whilst undertaking global market and company analysis used for senior portfolio management review.
- Provide credit portfolio insights on the riskiness of sectors and names using economic capital to Wholesale and Commercial Credit.
- Analyse transaction requests and provided recommendations to senior credit officers.
- Providing a succinct and well thought out recommendations to the Senior Credit Managers.
- Liaise with various departments to instil a risk aware culture throughout the Bank and to maintain an appropriate up-to-date knowledge of key risk issues.
- Implement and maintain adequate procedures as set out in the credit procedures, spreadsheets, registers, files and storage to ensure all appropriate records are maintained and security documents are safely stored.
Key experience will include:
- A minimum 2-4 years' experience (depending on level) gained within an international banking environment.
- Good understanding and awareness of credit risk issues
- An ability to identify credit risk and control along with a good understanding of Credit and related documentation.
- Exposure to Trade Finance, Structured Trade Finance and knowledge of Project/Structured Finance is desirable but not essential.
- Adaptable, confident, reliable, motivated with strong time management skills and the ability to work effectively within a team.
- Excellent IT, analytical, numerical, interpersonal, communication, problem-solving and team-working skills are also essential.