At a Glance
- Tasks: Manage credit risk for a diverse portfolio and support liquidity risk monitoring.
- Company: Dynamic financial institution with a focus on risk management.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Exciting career development opportunities in a supportive environment.
- Why this job: Join a proactive team and make a real impact in financial risk management.
- Qualifications: 3+ years in credit or financial risk analysis with strong analytical skills.
The predicted salary is between 36000 - 60000 £ per year.
Overview
An exciting opportunity has arisen for a proactive and experienced Analyst to join a growing Risk team. This role focuses primarily credit risk management, assessing the creditworthiness of a diverse portfolio of counterparties and recommending appropriate trading limits.
In addition to credit risk responsibilities, the successful candidate will support liquidity risk monitoring and reporting, playing a key part in strengthening the firm’s overall financial risk framework. This is a crucial position within the second line of defence, ensuring robust oversight and governance across all financial risk areas.
Key Responsibilities
- Manage and monitor a portfolio of around 150–200 counterparties, overseeing new trading requests and conducting regular credit reviews.
- Perform detailed quantitative and qualitative analysis of financial statements to assess creditworthiness.
- Recommend internal ratings and trading limits in line with the firm’s risk appetite.
- Serve as the main risk contact for a designated business area, attending regular meetings to review onboarding and client-related matters.
- Monitor exposures, investigate breaches, and provide commentary for senior management.
- Maintain accuracy of counterparty static data and hierarchy information.
Liquidity Risk
- Support analysis of key liquidity metrics, including Liquid Asset Threshold Requirements.
- Contribute to quarterly Interest Rate Risk in the Banking Book (IRRBB) assessments.
- Assist in liquidity risk calculations for the annual ICARA process.
- Produce monthly and quarterly liquidity management information (MI).
Reporting
- Share responsibility for daily, weekly, and monthly financial risk reporting, such as breach logs, early warning indicators, and key risk indicator updates.
- Identify opportunities to improve reporting processes and enhance data insight.
Other Responsibilities
- Contribute to the development and review of internal credit rating models and related documentation.
- Maintain and update departmental policies and procedures on risk processes and methodologies.
- Participate in testing and enhancement of risk systems and tools.
Skills & Experience
- Minimum 3 years’ experience as a Credit or Financial Risk Analyst managing a portfolio of clients.
- Strong understanding of credit risk concepts across financial institutions, corporates, and funds.
- Excellent analytical and problem-solving skills with strong attention to detail.
- Effective communicator with the ability to engage stakeholders across the business.
- Strong time management skills and ability to work under pressure while maintaining high standards.
- Sound knowledge of risk management policies, processes, and governance frameworks.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Analyst
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Credit Risk Analyst / Manager employer: ETRA Talent
ETRA Talent is an exceptional employer that fosters a dynamic work culture in the heart of London, offering employees the chance to thrive in a collaborative environment focused on compliance excellence. With a commitment to professional development, we provide ample opportunities for growth and advancement, ensuring our team members are well-equipped to navigate the complexities of financial regulations while contributing to the commercial success of our institutional markets. Join us to be part of a forward-thinking organisation that values innovation and integrity in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Risk Analyst / Manager
✨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
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
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 ETRA Talent. 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 Analyst / Manager
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 ETRA Talent.
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 ETRA Talent'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 ETRA Talent
✨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 ETRA Talent.
✨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 ETRA Talent 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 ETRA Talent 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.
