Head of Credit

Our client, a London based International Bank seek a Credit Officer/Head of Credit

This will be a on-site role 5 days a week in the office

JOB FUNCTION

• Establish appropriate credit policies, internal credit approval procedures and credit quality control monitoring.
• Approve, in conjunction with General Manager, all extensions of credit.
• Manage the Credit Department, the main functions of which are to:-
• Analyse all credit applications for approval/rejection.
• Administer all credit limits and report any excesses to Management.
• Act as a voting member of the Risk Committee and the Credit Committee.
• Report to the Risk Committee on all aspects of Credit Management and the Branch’s risk portfolio.
• Supervise and ensure departmental staff are adequately trained to perform their functions.

KEY RESPONSIBILITIES

• Approve all extensions of credit as required by the Credit Policies and Procedures, either independently, in conjunction with the General Manager or, when appropriate, as a member of the Credit Committee.
• Ensure the Branch’s risk portfolio is controlled by appropriate limits covering the one-obligor concept as well as geographical and industrial risks.
• Undertake credit reviews as appropriate.
• Keep under review the Credit P&P for recommendations to the Risk Committee on updating or improvements.
• Report to the Risk Committee each month on all relevant aspects of credit management and the Branch’s risk portfolio both verbally and in written form.
• Be aware at all times of all matters that might give rise to credit quality declines of obligors or countries.
• Discuss with appropriate staff all aspects of each item of credit exposure.
• Liaise with Head of Middle Office to ensure that new/amended Head Office regulations, which bear relevance to the Credit Department, are implemented.
• Act as back-up to Credit Analysts and/or Credit Administration Officer as necessary

ESSENTIAL EXPERIENCE REQUIRED

• Proven experience in Corporate Banking Credit Analysis from a financial institution
• Aviation, shipping or project finance experience . With the ability to analyse and assess credit risks specific to these sectors.
• Strong understanding of financial analysis, Credit structuring, and risk assessment methodologies.
• Familiarity with credit policies, regulatory requirements, and industry best practices.
• Proficiency in using financial modeling tools and credit rating systems.
• Excellent analytical and problem – solving skills.
• Strong written and verbal communication abilities.
• Korean language preferred but not required.