At a Glance
- Tasks: Conduct in-depth risk assessments and ensure compliance for corporate clients.
- Company: Join a leading international bank with a rapidly growing Chinese business.
- Benefits: Enjoy a competitive salary of £85,000 plus excellent benefits.
- Why this job: Be part of a high-performing team and advance your career while using your language skills.
- Qualifications: Must have a degree and at least 4 years of credit risk experience.
- Other info: Fluency in Mandarin is essential for this role.
The predicted salary is between 68000 - 102000 £ per year.
This is a fabulous opportunity for a fluent MANDARIN speaker who has a background in CREDIT RISK gained in corporate banking. It’s an ideal role for someone who has been steadily building up knowledge and expertise in this area and is now looking to take the next step of their career whilst also leveraging language skills. The team you will join is close knit and very high performing and this role is regarded as a key appointment.
TITLE : Wholesale Credit Risk Manager
Salary : £85,000 ( depending on experience) + excellent benefits
Company : International Banking
Job Title: Credit Risk Manager
Location Central London
Work style: Fully office-based
Summary details You will join the high performing Credit Risk team of this global organisation that works with corporate clients providing risk analysis on syndicated or bilateral loans and checks for regulatory compliance. Their Chinese business is growing rapidly, and the organisation now needs a fluent Chinese speaker to join this fast-growth team, but friendly , team
Duties :
- Analyse : Undertake “deep dive” risk assessments for corporate clients and financial institutions
- Reporting : ensure that credit risk exposure is accurately monitored daily, and reported .
- Stress-test the risks: Constantly measure, re-assess and check the risk exposure of the entire portfolio
- Check for when credit limit breaches are reported and recommend actions
- Help to structure potential transactions to mitigate risk
- Compliance: Ensure UK regulatory compliance
- Make sure that appropriate credit risk management controls, systems, policies and procedures are robust and in place
- Manage credit risk documentation ( eg Credit proposals, ensure tax risk policy is in place)
- Have full documentary compliance oversight
- Review/check/Stay ahead :monitor the economic news and market information
REQUIREMENTS
- Degree
- At least 4 years credit risk experience in wholesales, or large corporate.
- Solid compliance background & knowledge of the UK banking regulatory framework
- Fluent English and Mandarin speaking is plus
Wholesale Credit Risk Manager employer: ABL Recruitment
Contact Detail:
ABL Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Wholesale Credit Risk Manager
✨Tip Number 1
Network with professionals in the corporate banking sector, especially those who specialise in credit risk. Attend industry events or webinars where you can meet potential colleagues and learn more about the company culture.
✨Tip Number 2
Brush up on your knowledge of UK banking regulations and compliance standards. Being well-versed in these areas will not only boost your confidence but also demonstrate your commitment to the role during any discussions.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that showcase your ability to analyse credit risk and manage compliance. Tailoring your anecdotes to reflect the responsibilities outlined in the job description will make a strong impression.
✨Tip Number 4
Familiarise yourself with the company's recent developments, particularly in their Chinese business sector. Showing that you understand their growth strategy and how you can contribute will set you apart from other candidates.
We think you need these skills to ace Wholesale Credit Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in credit risk, particularly in corporate banking. Emphasise your fluency in Mandarin and any relevant achievements that demonstrate your expertise in this area.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the requirements of the Wholesale Credit Risk Manager role. Mention your background in credit risk, your language skills, and how you can contribute to the high-performing team.
Showcase Relevant Experience: In your application, provide specific examples of your previous work in credit risk analysis, compliance, and any successful projects you've led. This will help illustrate your capability for the role.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial in a compliance-focused role.
How to prepare for a job interview at ABL Recruitment
✨Showcase Your Language Skills
Since the role requires fluency in Mandarin, be prepared to demonstrate your language proficiency during the interview. You might be asked to conduct part of the conversation in Mandarin, so practice key industry terms and phrases relevant to credit risk.
✨Highlight Relevant Experience
Make sure to discuss your previous experience in credit risk management, especially in corporate banking. Prepare specific examples of how you've conducted risk assessments or managed compliance, as this will show your expertise and readiness for the role.
✨Understand Regulatory Frameworks
Familiarise yourself with the UK banking regulatory framework and any recent changes that may impact credit risk management. Being able to discuss these regulations confidently will demonstrate your knowledge and commitment to compliance.
✨Prepare Questions About the Team
Since the team is described as close-knit and high-performing, prepare thoughtful questions about team dynamics and collaboration. This shows your interest in fitting into their culture and working effectively with others.