At a Glance
- Tasks: Lead credit risk management in the Energy Sector, making impactful decisions and recommendations.
- Company: Join a global banking leader focused on innovative financial solutions.
- Benefits: Enjoy competitive pay, professional development opportunities, and a dynamic work environment.
- Why this job: Be part of a team that drives strategic initiatives and fosters a strong risk culture.
- Qualifications: Bachelor's degree required; credit experience in banking preferred.
- Other info: Ideal for proactive individuals who thrive under pressure and seek growth.
The predicted salary is between 43200 - 72000 £ per year.
The Credit Office for EMEA (ECrO) major functions are outlined as follows:
- Assessment and management of credit risks and related risks
- Assessment and management of country risks
- Management of problematic assets
- Monitoring, reporting and early action
- Portfolio analysis and management
Key Responsibilities:
- Accountable and responsible for taking appropriate action with respect to the Energy Sectors.
- Reviewing credit applications received and making recommendations to senior management on transaction specific files.
- Continuously and actively monitoring the portfolio in line with internal policies and applicable regulatory guidelines.
- Ensure a high quality of written and verbal work.
- Responsible for making balanced, timely and thoughtful credit decisions within the firm’s risk appetite.
- Proactive solutions driven engagement with front line on deal specific and/or strategic developments through guidance, direction, feedback and identification of red flags or breaches of internal guidelines and policies.
- Escalating issues to Directors or the team head as appropriate.
- Supporting strategic initiatives as a VP within CIB Credit for EMEA.
- Developing knowledge of various types of industries, sectors, countries, players and financial and legal structures within Energy Sectors.
- Demonstrating the Risk Culture Pillars; taking accountability for identifying and mitigating risk; actively managing risk within the department; remaining curious by taking proactive ownership; role modelling the risk partnership with colleagues in 1LOD and 2LOD; and being willing to challenge existing practice and be proactive and positive to change.
- Representing the credit division at internal forums within the region.
Work Experience Required:
- Credit experience in a global banking environment, corporate banking or investment banking institution.
Skills and Experience:
- Essential: In depth knowledge of credit and risk principles, products and management.
- Strong analytical skills with ability to identify key issues.
- Ability to communicate both in writing and verbally clearly and concisely.
- Preferred: Experience in handling problem credits.
Education / Qualifications:
- Bachelor degree or equivalent.
Personal Requirements:
- Excellent communication skills.
- Results driven, with a strong sense of accountability.
- A proactive, motivated approach.
- The ability to operate with urgency and prioritise work accordingly.
- Strong decision making skills, the ability to demonstrate sound judgement.
- A structured and logical approach to work.
- Strong problem solving skills.
- A creative and innovative approach to work.
- Excellent interpersonal skills.
- The ability to manage large workloads and tight deadlines.
- Excellent attention to detail and accuracy.
- A calm approach, with the ability to perform well in a pressurised environment.
- Strong numerical skills.
- Excellent Microsoft Office skills.
VP of Credit Management - eFinancialCareers employer: eFinancialCareers
Contact Detail:
eFinancialCareers Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP of Credit Management - eFinancialCareers
✨Tip Number 1
Familiarise yourself with the latest trends and challenges in the Energy Sector. This will not only help you understand the specific credit risks involved but also demonstrate your proactive approach during interviews.
✨Tip Number 2
Network with professionals in the credit management field, especially those who have experience in global banking or corporate banking. Engaging in conversations can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss your analytical skills and decision-making processes in detail. Be ready to share examples of how you've identified key issues in past roles and the outcomes of your decisions.
✨Tip Number 4
Showcase your ability to manage risk effectively by preparing case studies or scenarios where you successfully mitigated risks. This will highlight your understanding of risk culture and your proactive mindset.
We think you need these skills to ace VP of Credit Management - eFinancialCareers
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in credit management, particularly within the Energy Sectors. Use specific examples that demonstrate your analytical skills and decision-making abilities.
Craft a Compelling Cover Letter: In your cover letter, address how your background aligns with the key responsibilities outlined in the job description. Emphasise your proactive approach and ability to manage risk effectively.
Showcase Communication Skills: Since excellent communication is crucial for this role, provide examples in your application that illustrate your ability to communicate complex information clearly and concisely, both in writing and verbally.
Highlight Problem-Solving Experience: Detail any past experiences where you successfully handled problematic credits or made strategic decisions under pressure. This will demonstrate your capability to thrive in a high-stakes environment.
How to prepare for a job interview at eFinancialCareers
✨Showcase Your Credit Expertise
Make sure to highlight your in-depth knowledge of credit and risk principles during the interview. Be prepared to discuss specific examples from your previous experience that demonstrate your ability to assess and manage credit risks effectively.
✨Demonstrate Analytical Skills
Prepare to showcase your strong analytical skills by discussing how you've identified key issues in past roles. Use concrete examples to illustrate your problem-solving abilities, especially in relation to managing problematic assets.
✨Communicate Clearly and Concisely
Since excellent communication is crucial for this role, practice articulating your thoughts clearly. Be ready to explain complex credit decisions in a straightforward manner, both verbally and in writing, as this will reflect your ability to convey important information to senior management.
✨Exhibit Proactive Engagement
Highlight your proactive approach to engaging with front-line teams on deal-specific developments. Share instances where you’ve provided guidance or identified red flags, demonstrating your commitment to maintaining high standards within the firm’s risk appetite.