At a Glance
- Tasks: Lead credit risk assessments and mentor junior colleagues in a dynamic banking environment.
- Company: Join a specialist UK bank focused on emerging markets and innovative financial solutions.
- Benefits: Competitive salary, professional development opportunities, and a chance to shape risk strategies.
- Other info: Collaborative culture with opportunities for career growth and exposure to diverse financial products.
- Why this job: Make a real impact on counterparty credit risk while developing your analytical and leadership skills.
- Qualifications: Bachelor's degree in Finance or related field; relevant qualifications like CFA or FRM are a plus.
The predicted salary is between 63000 - 77000 £ per year.
Referment is working with a specialist UK bank that provides correspondent banking, FX and cross-border payments into emerging and frontier markets.
The role combines strong analytical capability with technical leadership, independent judgement and stakeholder engagement.
The successful candidate will provide expert challenge across a broad range of counterparties, products and jurisdictions, whilst mentoring junior colleagues and contributing to strategic initiatives across the risk function.
The role has a particular focus on counterparty credit risk arising from treasury and FX activities, including derivatives, and will play an important role in supporting the organisation's evolving derivatives, exposure measurement and portfolio risk management capabilities.
Requirements
Qualifications
- Bachelor's degree or equivalent in Finance, Economics, Accounting, Mathematics or another relevant discipline.
- Relevant professional qualification (e. g. CFA, PRM, FRM, ACA, ACCA) desirable. Experience
- Significant experience within Credit Risk, Counterparty Credit Risk, Financial Institutions Risk, Treasury Risk or a related discipline within banking or financial services.
- Strong credit analytical capability and demonstrated experience assessing financial institutions, sovereigns, corporates or other complex counterparties.
- Demonstrable experience monitoring and managing credit portfolios, including early warning indicators, watchlist processes, concentration analysis and risk reporting.
- Good understanding of banking products from a credit risk perspective, including payments, treasury products, FX and derivatives.
- Experience of counterparty credit risk arising from treasury products, FX and/or derivatives would be highly desirable.
Exposure to exposure measurement methodologies, collateral arrangements or netting frameworks would be advantageous.
- Experience presenting and defending risk recommendations to senior stakeholders and governance committees.
- Demonstrated ability to coach, mentor and support the development of junior colleagues.
- Strong stakeholder management and communication skills, with the ability to influence outcomes across functions and levels of seniority.
- Strong analytical, problem-solving and judgement capabilities.
- Experience using risk systems, Excel, portfolio monitoring and business intelligence tools (e. g.
- Role Responsibilities Credit & Counterparty Risk
- Lead the preparation and review of credit applications, annual reviews and risk assessments across a broad range of counterparties, including Financial Institutions, Central Banks, NBFIs, Corporates, NGOs and International Development Organisations.
- Provide clear, balanced and commercially aware recommendations to approving authorities, exercising independent judgement on complex, material or higher-risk transactions.
- Act as a senior technical mentor, ensuring consistency, quality and robustness of risk assessments produced within the team.
- Support transaction structuring discussions and provide independent challenge on credit, counterparty and country risk considerations.
- Contribute to the ongoing development of credit methodologies, risk appetite frameworks and underwriting standards.
- Portfolio Monitoring & Risk Oversight
- Lead the ongoing monitoring of the organisation's credit and counterparty risk portfolio, identifying emerging risks, adverse trends and concentrations.
- Monitor counterparty performance, financial condition, limit utilisation and early warning indicators, ensuring that material issues are identified and escalated appropriately.
- Oversee watchlist and heightened monitoring processes for higher-risk counterparties and exposures.
- Perform portfolio analysis to identify sector, geographical, product and counterparty concentrations.
- Lead the production and interpretation of portfolio reporting, management information and risk insights for senior management and governance committees.
- Recommend risk mitigation actions where deterioration in credit quality or adverse developments are identified.
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Credit and Counterparty Risk VP (7A82E1D) in London employer: Referment
Referment is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As a Finance Director, you will not only lead the finance function but also play a pivotal role in shaping the company's growth trajectory, with ample opportunities for professional development and advancement. Located in a vibrant B2B technology hub, the company provides a supportive environment where your contributions are valued and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Credit and Counterparty Risk VP (7A82E1D) in London
✨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 Referment. 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 Credit and Counterparty Risk VP (7A82E1D) in London
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 Referment.
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 Referment'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 Referment
✨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 Referment.
✨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 Referment 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 Referment 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.
