Global Investment bank seeks a Manager level Credit Officer to cover a portfolio of financial institutions.
Take responsibility for a portfolio of Bank and Non-Bank Financial Institution (FI) clients, with a focus on market counterparty banks.
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, analyzing credit profiles of the counterparties, evaluating limit requests versus the established counterparty risk appetite, and managing credit limit structures.
Provide input on the credit terms of and supports the negotiation of legal documentation, including GMRA and ISDA with or without 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.
Provide assistance to the Front Office on time-sensitive ad-hoc trading requests. Apply own Delegated Authority when approving transaction / limit requests. Portfolio management Undertake ongoing monitoring of the creditworthiness of the portfolio, using a variety of media as well as ongoing direct contact with clients.
Maintain the bank's database of client, product and industry information to support effective portfolio management. Monitor, manage and report customer positions including limit excesses (and if relevant alert the relevant support functions when trade exposures are incorrectly reported) and non-payment of/disputed collateral calls. 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. Support 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.
Preferred 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 banks
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 The role would suit someone who is: Able to navigate complexity Able to work in ambiguity Flexible
Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative.