Senior Credit Risk Manager - NBFI

Job Title: Credit Risk Manager, VP

Sector: Insurance and NBFI\’s clients

Ideal Sector Expertise: Insurance firms

Job Type: Permanent

Location: London

Relevant Experience: 8+ yearsin a relevant role within the credit arena.

Are you a Credit Manager with ambitions of joining one of the leading banks in your market space?

My client, a leading Global Banking Group, requires an experienced Credit Analyst with experience and demonstrable hands-on experience conducting analysis of Insurance firms as well as NBFI’s such as Consumer Finance and non-bank lenders.

Key responsibilities include providing a timely assessment of credit risk for Insurance clients and non-bank financial institutions including Sovereigns, reviewing credit applications prepared by the origination and Business Development teams and to ensure any identified risks are appropriately mitigated.

Key responsibilities:

• Conducting a thorough evaluation of the transaction structure, financial data such as financial models, balance sheets and income statements to determine the level of default risk.
• Providing a succinct and well thought out recommendation to the Senior Credit Managers.
• Ensure that the turnaround time on the review of Credit Applications meets the agreed service level agreement with the Business Development Team.
• To enhance the quality of Credit Applications and make recommendations about procedural and policy changes where necessary.
• 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.
• Monitor and control credit exposures to ensure compliance with authorised portfolio and individual obligor limits.
• Monitor collateral and covenants where relevant.
• 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.
• Assist to prepare and review facility and credit documentation where relevant.

Key experience will include:

• A minimum of 5-10 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.

Starting Date: ASAP