Credit Risk Analyst

A permanent position with hybrid working on offer at a city-based international bank, with a salary of £65k. The Risk Department is headed by the Bank’s Chief Risk Officer and comprises a small team of three professional officers (not including this new role). This new position will hold primary responsibility for the Bank’s Credit Risk 2LoD Oversight function.

Main responsibilities:

• Assessing the credit applications received from Front Office (1LoD); assessing credit risk through analysis of financial statements and other relevant credit data.
• Evaluating sector, environmental, and business risks associated with the credit requests.
• Managing and improving the risk profile within the customer segment by implementing lending and credit guidelines and ensuring credit standards are consistent with the bank's credit policy.
• Reviewing transactions to ensure compliance with credit sanctions and documentation requirements.
• Partnering with key stakeholders to review new structures, policy exceptions, and control solutions.
• Interacting and managing expectations with 1LoD (business and sales team) and guiding them in risk identification, analysis, and presentation.
• Monitoring customer covenants.
• Assisting in coordinating any drawdowns in facility and maintaining appropriate records and reporting as required.
• Working collaboratively with other risk disciplines such as operational risk to ensure an enterprise-wide view of risk is considered for a counterparty, portfolio, asset class, etc.
• Maintaining an updated watchlist and informing the team of any news that may change a recommendation or require senior management action.
• Liaising with Finance for IFRS 9 provision model calculating & reporting.
• Proactively monitoring the loan portfolio and identifying important early warning signals for 1LoD.
• Attending Credit Committee meetings for the purpose of taking notes and subsequently drafting a full set of minutes for approval by the committee members.
• Abiding by the requirement of the FCA’s Consumer Duty Regulations to ensure customers’ needs are placed first and fairness and good value remain at the heart of the Bank’s products and services.
• Other functions and tasks as may be required to assist the CRO.

Qualifications:

• Solid experience in a related role; Credit Risk and Trade Finance Risk preferably in the African region.
• Strong understanding of key traditional trade instruments and their various risks.
• Experience in structured finance transactions.
• Demonstrated ability to operate in a time-sensitive environment while multi-tasking.
• Curious intellectual & business acumen with willingness to take a leading role in a wide range of initiatives and provide solutions.
• Excellent ability to communicate effectively at all levels of the organisation.
• Good interpersonal skills with aptitude to influence decision processes and align risk strategy with business objectives.
• Self-starter with a demonstrated track record in successfully leading collaborative efforts with other constituents who may have different backgrounds, risk understanding, skill sets, and priorities.
• Experience in interpreting and negotiating legal documentation would be an advantage.
• Strong attention to detail.

Candidates must also have the right to work in the UK. Sponsorship isn’t offered for this position. Due to the high volume of CVs that we receive, only successful candidates will be contacted.