At a Glance
- Tasks: Lead credit reviews, ensuring accuracy in ratings and classifications for corporate clients.
- Company: Join a leading global bank focused on corporate banking and credit analysis.
- Benefits: Enjoy competitive salary, professional development opportunities, and a collaborative work environment.
- Why this job: Make an impact by ensuring financial accuracy and supporting corporate clients in a dynamic setting.
- Qualifications: 4-5 years in credit analysis or review; strong communication and accounting skills required.
- Other info: Opportunity to engage with stakeholders and participate in audits.
The predicted salary is between 72000 - 108000 £ per year.
Job Description
Profile Criteria:
- Degree level education and / or equivalent professional qualifications (ACA, ACCA, ACT, CFA, MBA)
- 5+ years’ experience in a credit management / risk role within a global banking business, with specific leveraged finance experience
- Strong working knowledge of LBO, corporate loan products, trade finance products and derivative products, including familiarity with documentation and market trends.
- High level of IT literacy, strong written and verbal communication skills (supporting preparation of succinct and focused credit papers), and strong interpersonal skills (supporting collaboration / teamwork).
- Develops a broad network of professional relationships within the financial, legal and sponsor communities and up to date knowledge of trends in the leveraged finance and wider corporate markets is desirable.
Responsibilities / Coverage:
- Risk assessment of new leverage finance transactions and management of a portfolio of leverage credits including Problem Assets involving negotiations externally with Borrowers/PE House/ professional advisers.
- Working as a trusted partner with Front Office deal teams to ensure delivery to clients whilst maintaining high credit quality. Articulate CD risk perception and appetite for a transaction in line with bank policy and procedures, manage the interaction and communication with front office teams, and attend meetings with clients where necessary. Present transactions to final credit approvers.
- Flexibility to work to tight deadlines under pressure (including ability to work outside of contracted hours from time to time / as workflow demands).
- Collaborate with other risk and compliance functions where appropriate to ensure enterprise wide view of risk is considered.
- Assist other members of the team by proactively taking work in a manner which ensures work is fairly distributed, particularly in times of strong work flow / staff absences.
- Develop relationships within the team: seek guidance and advice from colleagues; express well-reasoned arguments and influence senior management; and assist in recruitment and training of more junior staff.
VP (Credit) employer: LH Partners
Contact Detail:
LH Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP (Credit)
✨Tip Number 1
Make sure to highlight your experience in credit analysis and review during networking events or industry meetups. Engaging with professionals in corporate banking can provide valuable insights and potentially lead to referrals.
✨Tip Number 2
Stay updated on the latest trends and regulations in credit risk assessment. This knowledge can be a great conversation starter and demonstrate your commitment to the field during interviews.
✨Tip Number 3
Consider reaching out to current or former employees of StudySmarter on LinkedIn. They can offer insider information about the company culture and the specific expectations for the VP (Credit) role.
✨Tip Number 4
Prepare to discuss specific examples from your past work that showcase your ability to conduct thorough credit reviews and communicate findings effectively. Real-life scenarios can make a strong impression during the interview process.
We think you need these skills to ace VP (Credit)
Some tips for your application 🫡
Highlight Relevant Experience: Make sure to emphasize your 4-5 years of experience in Credit Analysis, Credit Rating, or Credit Review roles. Clearly outline your responsibilities and achievements in these positions, especially those related to rating and grading corporate clients.
Showcase Your Skills: Demonstrate your strong credit analysis skills and good accounting knowledge. Mention any specific corporate banking products you are familiar with, as this will show your understanding of the industry.
Focus on Communication Abilities: Since excellent written communication is essential for this role, ensure that your application is concise and well-structured. Use clear language to convey your thoughts and make it easy for the reader to understand your qualifications.
Tailor Your Application: Customize your CV and cover letter to align with the job description. Address how your previous experiences relate to the responsibilities listed, such as reviewing credit applications and discussing findings with stakeholders.
How to prepare for a job interview at LH Partners
✨Understand the Credit Review Process
Make sure you have a solid grasp of how the credit rating and grading process works. Be prepared to discuss your experience in credit analysis and how you've applied these principles in previous roles.
✨Showcase Your Communication Skills
Since excellent written and verbal communication is crucial for this role, practice articulating your thoughts clearly. Prepare to provide examples of how you've effectively communicated findings and recommendations in past positions.
✨Demonstrate Your Technical Knowledge
Brush up on your knowledge of corporate banking products and accounting principles. Be ready to discuss specific credit analysis techniques you've used and how they relate to the responsibilities outlined in the job description.
✨Prepare for Stakeholder Interaction
Expect to discuss how you would handle interactions with Front Office personnel and other stakeholders. Think of scenarios where you've had to raise questions or clarify issues during credit reviews and be ready to share those experiences.