Credit Risk Analyst

Competitive
Permanent
City of London
03 Oct 2019
BBBH743277

Our client seeks a Junior Credit Risk Analyst as part of their expanding Credit Operations team.

The role is an exciting opportunity to help co-ordinate and manage the group's credit
risk operations. The role will allow candidates to produce detailed analysis of
prospective and existing counterparties to assist senior management to make
informed commercial decisions.
The candidate should enjoy a fast-paced and evolving working environment. They
will work closely with numerous stakeholders from various departments including
Front Office, Compliance and Treasury.
The group strongly encourages personal development of their employees, and
therefore would be willing to support relevant post-degree qualifications.
The combination of a dynamic working environment and support of personal
development should make this a great prospect for early career development.

Essential Functions and Responsibilities
 Prepare credit reviews of new and existing counterparties, approving within
individual authority.
o Documentation, presentation and analysis of transaction structure,
financial information and counterparty relationship.

 Providing robust and detailed recommendations of credit limits and internal
ratings for escalation to the appropriate approval authority.
o Concise and well-thought-out recommendation(s), from Credit Manager
level up to Main Board.

 Review of structured options product proposals from a credit perspective.
 Portfolio reviews of clients and counterparties based on country or sector risk.
 Preparation of daily, weekly, monthly and quarterly credit risk and main board
reports.
 Completion of credit files and updating of risk limit systems.
 Where required, providing input into the scoping, design, development,
validation and implementation of credit risk models.
 Advise on the development of a new credit management system.

Experience and Qualifications Required
 Educated to bachelor's degree level
 Studying towards post degree level qualification preferable.
 Experience of working within a group credit risk function or business level
equivalent.

Strong IT skills especially SQL
 Experience of working in an underwriting/decisioning role in a bank or
financial institution.
 Highly numerate with strong analytical skills and attention to detail.
 Well organised and experience of working to tight deadlines and managing
high workloads.
Technical Skills Required
 Financial statement analysis and research skills. Ability to analyse and
assess embedded credit risks and to interpret financial data.
 Understanding of risk rating methodology and external ratings.
 Sound judgement in decision making when making credit
recommendations.
 Excellent communication skills with the ability to build effective
relationships with key stakeholders within a complex organisational
environment.
Client Contact
There will be adhoc client contact given the mid-level profile of the role. Client visits
and calls may be required.

Morgan McKinley is acting as an Employment Agency in relation to this vacancy.

Please note that any references to salary or pay rates in this advertisement and in the salary refinement section are indicative only and should only be used as a guide.

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Alex Riedl's picture
Principal Consultant
London + 44 20 7092 0103 | ariedl@morganmckinley.co.uk