Emerging Markets Corporate Credit - Senior Manager

The Corporate Credit Team is responsible for providing management and analytical support for the Bank’s activities in its Global Markets business areas (FIC and Commodities) and implementing the Bank’s credit procedures and policies, including approval of credit limits. It is also responsible for managing a portfolio of structured financing credit risks associated with the Bank’s strategic lending transactions and related investing activities, with the primary objective of managing risk within acceptable parameters.

This role primarily involves managing a portfolio of structured financing credit risks associated with the Bank’s strategic lending transactions and related investing activities, with the primary objective of structuring, assessing and managing risk within acceptable parameters. The candidate may also support the Bank’s commodities related counterparty portfolio, for both financing and derivatives products.

Key Responsibilities

Evaluation and Approval of Credit Applications:

• Ownership and understanding of the risk profile of the structured transaction credit portfolio

• Formulation and evaluation of credit proposals, with a comprehensive risk assessment for new

or increased facilities, in addition to annual reviews on the existing portfolio. Undertake

quantitative and qualitative financial analysis to develop a comprehensive understanding of

counterparty and structural risks.

• Provide support to senior Credit management in all aspects.

• Close working relationship and engagement with Deal Teams.

• Prepare and present applications to Credit Committee and other Risk forums involving Senior

Management.

• Articulate credit appetite and give guidance on structure of deals and documents required to

mitigate risks as far as possible.

• Coordinate and ensure that post-approval implementation of facilities and legal documentation

is in accordance with the conditions of sanction.

• Follow up and address non-adherence to terms and conditions of sanction by counterparties;

to consider the inherent risk therein and to make recommendations as to action to be taken to

regularise or mitigate such increased risk.

• Participate in ad-hoc projects and portfolio reviews as required from time to time.

On-going Credit Management:

• Proactively communicate key risks as they arise.

• Overall management of the portfolio of accounts with appropriate escalation, including credit

limit monitoring.

• Monitoring, questioning and understanding changes in credit quality in any

counterparty/industry.

Leadership:

• Demonstrate and/or develop a proactive, “Change the Bank” mind-set.

• Identify and drive change within Credit and the Business by initiating and owning change

projects as necessary.

• Support the training and development of graduates and junior team members

Business Support & Recoveries (BS&R)

• Support the BS&R team with management of Watchlist and Non-Performing names.

Preferred Qualifications and Experience

Knowledge, technical skills and expertise:

• Experience in writing credit applications and analysing transactions within the credit risk

department of a Financial Institution.

• Good understanding of accounting (both management and financial accounting) to analyse

financial strengths and weaknesses of clients and identify potential risks to credit proposals

• Good understanding of lending and derivative products across sectors, including ability to

analyse and interpret cash-flow models and conduct sensitivity analysis.

• Ability to understand structured deals and provide guidance to ensure sound security /

covenant structures are in place.

• Ability to interact with Front Office providing credit support to Deal Teams and Sales Teams.

• Experience of engaging with clients to discuss transaction terms and related credit risks.

• Working knowledge of the risk systems for monitoring and related procedures for analysing the

account behaviour of clients and identifying trends and shifts in credit risk profiles.

• Conceptual and practical knowledge of credit procedures, policies and standards.

• A track record of operating with a personal delegated approval authority.

• Prior experience dealing with non-performing and/or defaulted names, including recoveries,

would be beneficial but is not essential.

Personal attributes:

• Self-starter with a sound work ethic

• Confident and effective communicator (both verbal and written)

• Attention to detail

• Strong organisational skills