Job Description
Role purpose:
- Critical challenge and detailed review of credit submissions from Front Office providing recommendations to Approvers within CD, EMEA or the Head Office.
- A second line of defence role providing credit risk management / oversight of new leveraged finance / LBO transactions and the existing leveraged finance portfolio across EMEA.
- Some direct responsibility for review of portfolio accounts reporting to approvers and part of a team as necessary on new deals, complex situations, special credits.
Responsibilities:
- Risk assessment of new leverage finance transactions and management of a portfolio of leverage credits including Special Credits.
- Working as a trusted partner and challenger with Front Office deal teams to ensure delivery to clients whilst maintaining high credit quality.
- Articulate CD risk perception and appetite for a transaction in line with bank policy and procedures, manage the interaction and communication with front office teams, and attend meetings with clients where necessary.
- Flexibility to work to tight deadlines under pressure (including ability to work outside of contracted hours from time to time / as workflow demands).
- Collaborate with other risk and compliance functions where appropriate to ensure enterprise-wide view of risk is considered.
- Assist other members of the team by proactively taking work in a manner which ensures work is fairly distributed, particularly in times of strong workflow / staff absences.
- Develop relationships within the team: seek guidance and advice from colleagues; express well-reasoned arguments and influence senior management; and assist in recruitment and training of more junior staff.
- Willingness / flexibility to be involved in ad hoc projects supporting the strategy of LBO CD and the wider department / bank.
Experience required:
- Degree level education and / or equivalent professional qualifications
- Experience in a credit management role within a major international bank, with some specific leveraged finance experience.
- Previous experience as analyst on portfolio accounts and new transactions preferable. Sector agnostic, but LBO experience preferable
- Working knowledge of leveraged loan products, including familiarity with key documentation terms and latest market trends.
- High level of IT literacy, strong written and verbal communication skills (supporting preparation of succinct and focused credit papers), and strong interpersonal skills (supporting collaboration / teamwork).
- Experience of special credit management / workouts and experience within a Front Office role is desirable.
