At a Glance
- Tasks: Support credit risk framework development and manage client assessments for FX Forward products.
- Company: Join 3S Money, a dynamic fintech revolutionising international business payments.
- Benefits: Competitive salary, stock options, hybrid work, and opportunities for professional growth.
- Other info: Diverse and inclusive culture with a commitment to employee growth and collaboration.
- Why this job: Make a real impact in a high-energy team while developing your skills in credit risk.
- Qualifications: Experience in credit risk, strong analytical skills, and ability to make sound credit decisions.
The predicted salary is between 49500 - 60500 £ per year.
3S Money is looking for a Credit Risk Analyst to support the development and ongoing management of its credit risk framework for clients using FX Forward products.
This is an end-to-end credit risk role covering the assessment, approval and ongoing monitoring of clients that require credit exposure to undertake FX Forward transactions.
The role will help establish a robust and proportionate credit risk framework, assess individual counterparties, set appropriate credit limits within delegated authority, monitor utilisation and exposure, and ensure that changes in client circumstances or risk are identified and acted upon promptly.
The role reports to the Head of Risk and will work closely with FX Trading, Risk, Compliance and relevant commercial and operational teams.
Our mission
3S Money is reinventing international business payments.
Founded in 2018, our mission is to help growing businesses to send, receive and exchange money in over 190 countries.
With offices in five countries and over 200 employees, you’ll be joining a high-energy, high-impact team that’s achieved profitability and has a wealth of opportunity ahead.
Our culture
At 3S Money, we believe in caring personally, staying curious and making an impact through collaboration not competition.
Our culture is genuinely transparent with minimal hierarchy and a commitment to each employee’s professional growth.
What you’ll be doing
- Help develop and maintain the credit risk framework for FX Forward clients.
- Perform credit assessments for clients seeking access to FX Forward products.
- Review financial and other relevant information to assess creditworthiness and counterparty risk.
- Approve clients and set credit limits within delegated authority, escalating where required.
- Maintain and monitor the approved credit list, client limits, utilisation and exposures.
- Conduct ongoing and periodic reviews of approved clients.
- Identify and elevate limit breaches, deteriorating credit quality and material changes in risk.
- Recommend changes, reductions or withdrawal of limits where appropriate.
- Maintain clear records of credit assessments, decisions and approvals.
- Provide credit risk reporting and portfolio oversight to the Head of Risk.
About you, you have
- Experience in credit risk within financial services.
- Strong financial analysis and credit assessment skills.
- Experience setting credit limits and monitoring client exposures.
- FX or FX Forwards experience would be an advantage.
- Strong analytical skills and sound risk judgement.
- Able to make clear, independent and well-supported credit decisions.
In return for your hard work
- Competitive Salary + plus stock options (after 12 months) & benefits
- Hybrid working setup in our wonderful city-centre office
- We foster non-BAU projects in our team, we want you to explore new avenues and expand your expertise to benefit your professional pathway & our teams.
- Our commitment to you
We are an equal opportunities employer.
We make recruiting decisions based on your experience, skills and personality.
Our passion and focus will always be to work with the best people.
We’re creating services for everyone, so it’s imperative we work with everyone.
Our diverse team has been the foundation to our success in building more efficient products, making better decisions and establishing an all-inclusive place to work.
Applicants of all backgrounds are hugely encouraged to apply and discover the 3S way.
Credit Risk Associate – FX Forwards in London employer: 3S Money
3S Money is an excellent employer for those looking to make a significant impact in the FX trading sector. With a strong focus on employee development and a collaborative hybrid work culture, you will have the opportunity to lead a dynamic team while driving innovation in execution and liquidity management. Our commitment to regulatory compliance and best practices ensures that you will thrive in a supportive environment that values your expertise and fosters professional growth.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Risk Associate – FX Forwards in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like 3S Money. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Credit Risk Associate – FX Forwards in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to 3S Money.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on 3S Money's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at 3S Money
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with 3S Money.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at 3S Money will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former 3S Money employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
