Corporate Credit Risk Associate
Corporate Credit Risk Associate

Corporate Credit Risk Associate

Full-Time 36000 - 60000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Support corporate credit processes and enhance client relationships through efficient management.
  • Company: Join a leading bank with a focus on innovation and teamwork.
  • Benefits: Competitive salary, professional development, and a dynamic work environment.
  • Why this job: Make an impact in the financial sector while developing your skills in credit risk management.
  • Qualifications: BA Honours or relevant experience, strong analytical skills, and team collaboration.
  • Other info: Opportunity for career growth in a fast-paced banking environment.

The predicted salary is between 36000 - 60000 ÂŁ per year.

Responsibilities include working with Corporate Banking, Sales & Trading and other groups to facilitate and enhance the credit process through efficient and value-add support to partners, including onboarding activities, and execution of new transactions, amendments, and extensions; manage a full range of credit, trading and transactional products; compliant funding; excess management; annual reviews, regularizations, maintaining data integrity/the bank’s credit portfolio system, onboarding activities and compliant funding. Provide prompt attention to client requests from other units. Resolve credit issues with various banking units and Group Risk Management as required and provide advice as warranted.

Manage and provide “Middle Office” support of the corporate credit portfolio. Responsible for data integrity of accounts in the assigned portfolio, ensure bank systems correctly reflect relevant information. Work closely and maintain positive relationships with Corporate Banking, Global Markets, Credit Analysis & Assessment, Loan Portfolio Management, and with other areas of the bank, notably Group Risk Management, Global Loans Administration, Global Treasury, Global Services, the Global Banking Business Centre back-office support group, and Agency Services. Ensure timely preparation of transaction requests - likely to include, but not limited to, new credits, restructurings, renewals, waivers, loan documentation review, establishing lines for trading, lending, and cash management, indicative risk ratings. Use bank policies/guidelines and judgement to manage daily excesses, over-limit payments in accordance with Delegated Authorities and, managing ongoing credit relationships within providing fair, specific and balanced advice. Keep up on policy changes/updates and participate in team deliverables with respect to regulatory/audit priorities. Demonstrate a client service mindset while negotiating documentation, booking new credit lines, implementing rigorous reporting requirements, credit surveillance and operationally managing lending portfolio to enable Banking and Trading businesses to drive revenue. Completion of ad-hoc projects efficiently and effectively in order to support the team meeting planned and unplanned demands.

Must-have:

  • Academic background with BA Honours, other professional designation or relevant work experience.
  • Strong financial risk analysis and/or accounting skills.
  • Ability to prioritize work and manage competing demands.
  • Excellent written and spoken communications abilities.
  • Ability to work in an interactive team environment.
  • Strong general PC skills and demonstrated capability to learn key internal systems.
  • Ability to strike a balance in putting “Client First” while ensuring that internal standards are maintained and deliverables are provided.

Nice-to-have:

  • Work experience in a credit risk role/function.
  • Understanding of LMA style credit documentation.

Corporate Credit Risk Associate employer: Morgan McKinley

As a Corporate Credit Risk Associate, you will thrive in a dynamic and collaborative environment that prioritises employee growth and development. Our company offers a supportive work culture where you can enhance your skills through meaningful projects while enjoying competitive benefits and a commitment to work-life balance. Located in a vibrant city, we provide unique opportunities to engage with diverse teams across Corporate Banking and Global Markets, ensuring your contributions are valued and impactful.
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Contact Detail:

Morgan McKinley Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Corporate Credit Risk Associate

✨Tip Number 1

Network like a pro! Reach out to folks in Corporate Banking, Sales & Trading, or any related fields. A friendly chat can open doors and give you insights that job descriptions just can't.

✨Tip Number 2

Prepare for interviews by brushing up on your financial risk analysis skills. Be ready to discuss how you’d handle credit issues and maintain data integrity. Show them you’re the go-to person for keeping things compliant and efficient!

✨Tip Number 3

Don’t forget to showcase your client service mindset! Think of examples where you’ve put clients first while balancing internal standards. This will highlight your ability to manage relationships effectively.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.

We think you need these skills to ace Corporate Credit Risk Associate

Credit Risk Analysis
Financial Risk Analysis
Accounting Skills
Data Integrity Management
Client Service Mindset
Communication Skills
Team Collaboration
Project Management
Regulatory Compliance
Documentation Review
Problem-Solving Skills
Time Management
Adaptability
Knowledge of LMA Style Credit Documentation

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Corporate Credit Risk Associate role. Highlight relevant experience and skills that match the job description, like your financial risk analysis abilities and any previous work in credit risk.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the role. Mention specific experiences that demonstrate your ability to manage credit portfolios and maintain data integrity.

Showcase Your Communication Skills: Since excellent communication is key for this role, make sure your application reflects that. Use clear, concise language and ensure there are no typos or grammatical errors. We want to see your written communication skills right from the start!

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining the StudySmarter team!

How to prepare for a job interview at Morgan McKinley

✨Know Your Credit Risk Fundamentals

Brush up on your understanding of credit risk analysis and the specific products you'll be dealing with. Familiarise yourself with LMA style credit documentation, as this could come up in conversation. Being able to discuss these topics confidently will show that you're serious about the role.

✨Showcase Your Team Spirit

This role requires collaboration with various teams like Corporate Banking and Global Markets. Prepare examples of how you've successfully worked in a team environment before. Highlight your ability to maintain positive relationships and how you’ve contributed to team goals.

✨Demonstrate Your Client Service Mindset

Since client service is key, think of instances where you've gone above and beyond for clients or stakeholders. Be ready to discuss how you balance client needs with internal standards, showcasing your problem-solving skills and adaptability.

✨Prepare for Scenario-Based Questions

Expect questions that assess your ability to handle real-life situations, such as managing excesses or resolving credit issues. Practice articulating your thought process and decision-making skills in these scenarios to demonstrate your readiness for the challenges of the role.

Corporate Credit Risk Associate
Morgan McKinley

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