VP Credit Risk Management - Fund Finance - Global Banking Group - Up to £110,000 + Bonus + Benefi...

An established banking brand with a solid and highly successful track record of sustained growth over the last 15 years, this global bank continues its growth strategy. We are now helping our client recruit for a VP Credit Risk Management with experience in Fund Finance, or related asset level disciplines (Real Estate, Infrastructure, Leveraged Finance) with a strong focus on NAV Finance and/or Leveraged Finance. The bank offers an excellent working environment with a friendly culture and a commitment towards hybrid working. The bank doesn’t go through regular restructuring or redundancies and has offered its employees an environment where they can build their careers within a growing and stable business with a progressive work culture.

Search Criteria:

1. Solid foundation of experience in Fund Finance, or related asset level disciplines (Real Estate, Infrastructure, Leveraged Finance) with a strong focus on NAV finance and/or Leveraged Finance. Experience in a 2nd line of defence risk management or credit risk role is highly preferred.
2. Deep understanding of Fund and Sponsor Finance structures, including Hybrid structures, Margin Finance combining deep collateral analysis, and legal documentation analysis. Familiarity with various asset classes (e.g., Private Equity, Infrastructure, Real Estate).
3. Strong stakeholder management and analytical skills with the ability to work in a dynamic environment.
4. Confidence to work in an advisory capacity and be solutions-oriented.

Summary of the role:

1. Risk Oversight & Challenge: Independently review and challenge the risk assessments, underwriting standards, and ongoing portfolio management of Fund Finance transactions including margin finance, back leverage and GP finance structures originated by the 1st line of defence.
2. Policy & Framework Management : Contribute to the development and maintenance of the firm's Fund Finance risk policies, procedures, and governance frameworks to ensure they align with regulatory requirements and internal risk appetite.
3. Credit Analysis : Conduct detailed credit analysis and due diligence on new and existing Fund Finance transactions, including margin lending, and back leverage, NAV and GP Finance, Hybrid finance and other structured fund and sponsor facilities.
4. Regulatory & Compliance : Stay informed of evolving regulatory landscapes (e.g., Basel, CRR, Solvency II) and ensure Fund Finance activities adhere to all relevant legal and regulatory standards.
5. Reporting & Communication : Prepare and present risk reports to senior management and risk committees, highlighting key risks, trends, and mitigation strategies. Act as a subject matter expert for Fund Finance risk within the bank.
6. Special Projects: Lead or support ad-hoc risk-related projects and reviews, contributing to the continuous improvement of the firm's risk management capabilities.

Responsibilities / Tasks:

1. Review & authorise transactions in accordance with the Credit Officer Approval Authority Policy and Portfolio Management Rules, subject to the approval limits delegated from senior management of the Credit Department.
2. Exercise strong risk assessment methodology toward new transactions and management of a portfolio of clients across a variety of sectors, geographies, and asset / product types.
3. Working as a trusted partner with Front Office deal teams to ensure delivery to clients whilst maintaining high credit quality. Articulate Credit Department 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.
4. Experience and capability to take a complex transaction from inception to approval with limited supervision.
5. Flexibility to work to tight deadlines under pressure (including ability to work outside of contracted hours from time to time / as workflow demands), to give prompt responses to customers.
6. Collaborate with other risk and compliance functions where appropriate to ensure enterprise-wide view of risk is considered.
7. Support pipeline management of the team and 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.
8. 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.
9. Willingness / flexibility to be involved in ad hoc projects supporting the strategy of the Credit team and the wider department / institution.
10. Draw on expertise and professional knowledge to propose innovative solutions / improvements to status quo.

Additional skills and attributes required:

1. Analytical Abilities: Excellent quantitative, analytical, and financial modelling skills.
2. Regulatory Acumen: Solid knowledge of global and regional Fund Finance regulations and risk management principles.
3. Communication: Exceptional written and verbal communication skills, with the ability to articulate complex risk concepts clearly to diverse audiences.
4. Education: Bachelor's degree in Finance, Economics, or a related field. CFA or FRM certification is a plus.