Credit Risk Analyst
5 days ago
As part of the Financial Risk team sitting within the broader Risk & Compliance team, the Credit Risk Analyst will help the firm ensure that it has robust credit risk governance, policies, procedures and processes in place across the Treasury & Banking division and Asset Management division. This will include (but is not limited to) measurement, monitoring and reporting of credit risk.
Role & Responsibilities
- Perform detailed and insightful credit analysis and form an opinion on the creditworthiness of Treasury counterparties and obligors, typically financial institutions or sovereigns.
- Perform detailed credit analysis and periodic reviews of counterparties, provide independent credit risk recommendations.
- Active participation in rating committees, presenting, and discussing credit recommendations and offering opinion and insight.
- Participate actively in internal discussions on sector-wide credit issues (e.g. geo-political risks) impacting the balance sheet.
- Closely follow market developments surrounding the firms Treasury exposures and counterparties.
- Provide active support to the other senior members of the team in data collection, ensuring credit limit accuracy, monthly reporting against risk appetite statement, among other operational tasks. Take an active role in increasing the automation of operational tasks.
- Day to day credit risk monitoring responsibilities including, but not limited to, periodic credit risk report production and investigation of out of tolerance metrics using internal or third-party tools.
- Interact with Portfolio Managers, Traders and Analysts to understand credit risk appetite, refine analyses and communicate important findings.
- Work with the wider Risk team to develop and present the Risk framework, policies and procedures and answering clients or prospective clients’ requests.
Background & Experience
- 5 to 7 years’ credit risk analysis experience, within banking, asset management or rating agencies.
- Ability to analyse the balance sheets and creditworthiness of counterparties, in particular financial institutions and sovereigns but not only.
- Knowledge of IFRS9, PD, LGD, EAD, RWA and impairments.
- Experience with credit risk systems and analytics.
- Interest in sustainability and ESG themes.
- Highly numerate, good understanding of mathematical / statistical and financial concepts.
- Knowledge of Regulatory framework such as Basel Regulation preferred.
- Experience with credit models such as internal rating methods, PD modelling or xVA modelling preferred.
- Demonstrated ability to effectively and constructively challenge the first line of defence.
Please note that due to the high volume of applicants responding to our adverts we are regrettably not able to feedback on all applications; only successful candidates will be contacted.
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