At a Glance
- Tasks: Lead credit risk management for structured finance transactions across EMEA.
- Company: Global financial institution with a strong focus on credit quality and risk assessment.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on mentorship and career development.
- Why this job: Join a dynamic team shaping the future of credit risk in a global context.
- Qualifications: Experience in credit risk analysis and strong communication skills required.
The predicted salary is between 60000 - 75000 £ per year.
Overview of Structured Finance Credit Office (“SFCO”): SFCO (formally known as Investment Banking Credit Division) is a 2LoD function responsible for analysing, approving, sanctioning and monitoring the credit quality of structured finance transactions, including:
- Project Finance
- Structured Trade Finance
- Aircraft Finance
- Asset-backed Finance (inc. Securitisation)
SFCO is a global department, with offices located in Tokyo, New York, Los Angeles, Singapore and London. The London office (SFCO (EMEA)) is responsible for the EMEA region and works closely to ensure global consistency in credit approvals.
Overview of Credit Office for EMEA (“ECrO”): ECrO is a 2nd Line of Defence (“2LoD”) function responsible for corporate banking credit for non-Japanese corporates, non-Japanese FIs, and non-Japanese Sovereigns (collectively Global Corporates). Its major functions are outlined as follows:
- Assessment and management of credit risks and related risks
- Assessment and management of country risks
- Management of problematic assets
- Monitoring, reporting and early action
- Portfolio analysis and management
Purpose of the Role: To support Group Heads to direct the continuous development of CIB Credit for EMEA’s credit risk framework, risk appetite portfolio monitoring and early warning frameworks in line with shareholders, client and regulatory expectations. To make recommendations to senior management on transaction specific files as well as continuously and actively monitoring the portfolio in line with internal policies and applicable regulatory guidelines.
Key Responsibilities:
- Support Group Heads on the following:
- Credit counterpart to the 1st Line of Defense (“1LoD”) relationship managers and applicable product offices, including divisional heads where necessary.
- Provide timely and succinct advice or briefings (in verbal or written form) to senior London and Tokyo management, including Chief Credit Officer for EMEA, Regional Executive for EMEA (“REE”) and Executive in Charge of Credit (“ECC”).
- Proactive solutions driven engagement with front line on deal specific and/or strategic developments through expert guidance, direction, feedback and identification of red flags or breaches of internal guidelines and policies.
- Conduct credit analysis of certain allocated sectors/products including drafting of credit papers, application of rating methodology, preparation of comparative statistics, graphs and tables under the guidance of senior management.
- Monitor/review existing portfolio transactions and make recommendations in terms of credit and rating decisions.
- Work on ad-hoc projects, as instructed by Group Head or senior management, to set up/adjust the risk criteria/policy and to improve the quality of portfolio.
- Follow the trend, market, and developments in certain allocated sectors/products, EMEA countries, players and financial/legal structures and share those with the team.
- Support the development of more junior colleagues in the team and share technical knowledge of certain allocated sectors/products.
- As required, prepare reports for Tokyo Head Office and European Headquarters as well as creating credit committee materials.
- To comply with all regulatory and compliance procedures.
- Responsible for meeting internal policy requirements.
SVP Credit Risk Manager in Slough employer: Morgan McKinley
As a leading player in the structured finance sector, our London office offers an exceptional work environment that fosters collaboration and innovation. We prioritise employee growth through continuous development opportunities and a supportive culture that values diverse perspectives. Join us to be part of a global team dedicated to excellence in credit risk management, where your contributions will directly impact our success in the EMEA region.
StudySmarter Expert Advice🤫
We think this is how you could land SVP Credit Risk Manager in Slough
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Morgan McKinley. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace SVP Credit Risk Manager in Slough
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Morgan McKinley.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Morgan McKinley's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Morgan McKinley
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Morgan McKinley.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Morgan McKinley will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Morgan McKinley employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.