VP - Leveraged Finance Credit Risk – Europe | SCIB

Overview

Santander Corporate & Investment Banking (SCIB) is Santander's global division that supports some of the world's most complex and sophisticated corporate and institutional clients, offering customised services and value-added wholesale products to best meet their needs.

Country: United Kingdom

Role

Leveraged Finance is a strategic business for Santander and has demonstrated material ambition over the past few years. The European Leveraged Finance Credit Risk team is expanding to support business growth. You will partner with a best-in-class Front Office to support the implementation, review, and approval of Leveraged Finance transactions. Coverage will focus on Financial Sponsors and Corporate High Yield across the leveraged universe including buyouts, M&A, refinancings, recapitalisations, and restructurings. If you have performed a similar role previously, this could be the perfect opportunity to develop your career in a high-profile team with material transaction velocity.

Responsibilities

• Supporting the independent assessment and recommendation of new transactions, engaging with senior decision makers and approval committees
• Owning portfolio coverage, providing timely review and contributing to monitoring documents prepared outside of the team
• Assisting with the approvals of waivers and amendments
• Determining ratings, appropriateness of financial forecasts, and appetite, in line with strategic objectives and appropriate risk framework
• Participating in the review of Due Diligence and deal related calls to shape and enhance credit memorandum and decisioning as appropriate
• Communicating considered views based on proactive credit analysis, macro developments, and market trends
• Supporting and developing less experienced members of the team
• Participating in broader team, department and Bank-wide projects as required

What you’ll bring (Qualifications)

• Previous experience in a similar role within Credit, Risk, or Origination focusing on Leveraged Finance
• In-depth knowledge and experience of leveraged structures and terms
• Advanced credit analysis skills, including financial forecasts and modelling awareness
• The ability to work under pressure in a fast-paced environment, whilst still being able to provide clear and independent credit judgements
• Demonstrable stakeholder and transaction management
• Excellent communication skills both written and verbal

Nice to have

• Deep understanding of broader banking products including derivatives
• Proven track record of interacting with regulators, internal and external audit
• Relevant professional qualification such as CFA

What else you need to know

This role is based at our offices in Triton Square, London located within easy walking distance from Warren Street and Euston.

Equal Opportunities

Santander is proud of being an organization where there are equal opportunities regardless of age, gender, disability, civil status, race, religion or sexual orientation. We are committed to providing an inclusive and accessible application process for all candidates.

Rewards & Benefits

• Eligible for a discretionary performance-related annual bonus.
• We put 8% of salary into your pension, up to 12.5% with additional employee contribution; cash option available.
• 30 days’ holiday plus bank holidays, increasing to 31 days after 5 years of service, with the option to purchase up to 5 contractual days per year.
• Company funded individual private medical insurance and voluntary healthcare benefits at discounted rates for family coverage, dental insurance, and health assessments.
• Company-funded death-in-service benefit, income protection insurance, and discounted rates for additional life assurance and critical illness cover.
• Share in Santander’s success by saving or investing in our share plans.

What to do next

If this sounds like a role you’re interested in, then please apply.