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- Tasks: Evaluate credit risks and manage project finance transactions with autonomy.
- Company: Join a leading international bank renowned for its expertise in project finance.
- Benefits: Enjoy a competitive salary, comprehensive benefits, and a supportive team culture.
- Why this job: Perfect for analytical thinkers who thrive on strategic decision-making and risk management.
- Qualifications: 5+ years in credit risk at a major financial institution with strong analytical skills.
- Other info: Focus on independent analysis without the pressure of deal origination.
The predicted salary is between 43200 - 72000 £ per year.
The VP Project Finance / Credit Risk (2LoD) plays a pivotal role in assessing and managing credit risks primarily related to project finance transactions, but understanding asset acquisition financing and asset finance (aviation, shipping and real estate) and related derivatives is an advantage. You will play a critical role in maintaining the integrity of the bank's risk governance framework.
This opportunity is with a well-established international bank who are a global leader in project finance - the team are considered to be a cornerstone of the bank's global structured finance operations and is widely recognised for its leadership and expertise in the EMEA region.
As a VP on the team, you will have a lot of independence and autonomy, therefore you should be comfortable and have experience across the following:
- Independent Credit Assessment: Evaluate and challenge credit proposals submitted by the front office, ensuring alignment with internal risk appetite, regulatory expectations, and market best practices.
- Sanctioning & Approvals: Lead the preparation of credit submissions for internal approval committees, articulating clear recommendations supported by robust financial and structural analysis.
- Portfolio Oversight: Monitor a portfolio of counter-parties and transactions, identifying emerging risks, sectoral trends, and early warning indicators.
- Stakeholder Engagement: Act as a trusted advisor to origination and structuring teams, providing early-stage guidance on credit structuring, risk mitigation, and policy interpretation.
- Problem Credit Management: Participate in the review and resolution of under-performing or distressed exposures, collaborating with restructuring and legal teams as needed.
- Governance & Policy: Contribute to the development and refinement of credit risk policies, procedures, and frameworks to ensure consistency and regulatory compliance.
Minimum of 5 years in a credit risk role within a major financial institution, development bank, or credit rating agency, with demonstrable experience in credit sanctioning and approvals. At VP level, the preferred candidates need to be able to demonstrate:
- Technical Expertise: Strong understanding of structured and project finance transactions, including cash flow modelling, covenant analysis, and sector-specific risk factors (e.g., energy, infrastructure, transport).
- Analytical Skills: Ability to distil complex financial and legal information into concise, decision-ready credit papers.
- Communication: Excellent written and verbal communication skills, with the ability to influence stakeholders and present to senior risk committees.
- Judgement: Proven ability to exercise sound judgement under pressure, balancing commercial considerations with prudent risk management.
- Collaboration: Strong interpersonal skills and a collaborative mindset, with a commitment to diversity, inclusion, and ethical conduct.
Unlike front-office roles, this position allows you to focus on independent analysis and risk oversight without the pressure of deal origination. You will collaborate closely with origination teams, but your role is to challenge, guide, and ensure sound credit decisions - ideal for professionals who enjoy analytical depth and strategic thinking.
Job Offer: Competitive salary and great team culture with low attrition, comprehensive benefits package, opportunity to work within a market leading project finance team, exposure to complex and high-profile project finance transactions.
VP Project Finance / Credit Risk (2LoD) employer: Michael Page
Contact Detail:
Michael Page Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP Project Finance / Credit Risk (2LoD)
✨Tip Number 1
Familiarise yourself with the latest trends in project finance and credit risk management. Understanding current market dynamics and regulatory changes will help you engage in informed discussions during interviews, showcasing your expertise and commitment to the field.
✨Tip Number 2
Network with professionals in the project finance sector, especially those who have experience in credit risk roles. Attend industry events or webinars to connect with potential colleagues and learn about their experiences, which can provide valuable insights and possibly lead to referrals.
✨Tip Number 3
Prepare to discuss specific case studies or examples from your past experience that demonstrate your analytical skills and judgement in credit risk assessment. Being able to articulate how you've successfully navigated complex financial situations will set you apart from other candidates.
✨Tip Number 4
Showcase your collaborative mindset by preparing examples of how you've worked effectively with cross-functional teams. Highlighting your ability to influence stakeholders and contribute to governance frameworks will resonate well with the expectations for this VP role.
We think you need these skills to ace VP Project Finance / Credit Risk (2LoD)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in credit risk and project finance. Focus on your analytical skills, technical expertise, and any specific achievements that demonstrate your ability to manage credit risks effectively.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight your experience in credit sanctioning and approvals, and explain how your background aligns with the responsibilities outlined in the job description.
Showcase Your Analytical Skills: When detailing your previous roles, emphasise your ability to distil complex financial information into concise reports. Provide examples of how you've successfully influenced stakeholders or presented to senior committees.
Highlight Collaboration and Communication: Demonstrate your interpersonal skills by mentioning instances where you collaborated with teams or contributed to policy development. Effective communication is key, so ensure you convey your ability to engage with various stakeholders clearly.
How to prepare for a job interview at Michael Page
✨Showcase Your Technical Expertise
Be prepared to discuss your understanding of structured and project finance transactions in detail. Highlight your experience with cash flow modelling and covenant analysis, as well as any sector-specific risk factors you've encountered.
✨Demonstrate Analytical Skills
Practice distilling complex financial and legal information into concise summaries. During the interview, be ready to present a sample credit paper or case study that showcases your ability to analyse and make sound recommendations.
✨Communicate Effectively
Your communication skills are crucial for this role. Prepare to articulate your thoughts clearly and confidently, especially when discussing how you would influence stakeholders and present to senior risk committees.
✨Exhibit Sound Judgement
Be ready to provide examples of situations where you had to exercise judgement under pressure. Discuss how you balanced commercial considerations with prudent risk management, demonstrating your ability to make tough decisions.