Senior Credit Risk Manager
3 days ago
Job Title: Credit Risk Manager, VP
Sector: Insurance and NBFI's clients
Ideal Sector Expertise: Insurance firms
Job Type: Permanent
Location: London
Relevant Experience: 8+ years in a relevant role within the credit arena.
Are you a Credit Manager with ambitions of joining one of the leading banks in your market space?
My client, a leading Global Banking Group, requires an experienced Credit Analyst with experience and demonstrable hands-on experience conducting analysis of Insurance firms as well as NBFI’s such as Consumer Finance and non-bank lenders.
Key responsibilities include providing a timely assessment of credit risk for Insurance clients and non-bank financial institutions including Sovereigns, reviewing credit applications prepared by the origination and Business Development teams and to ensure any identified risks are appropriately mitigated.
Key responsibilities:
- Conducting a thorough evaluation of the transaction structure, financial data such as financial models, balance sheets and income statements to determine the level of default risk.
- Providing a succinct and well thought out recommendation to the Senior Credit Managers.
- Ensure that the turnaround time on the review of Credit Applications meets the agreed service level agreement with the Business Development Team.
- To enhance the quality of Credit Applications and make recommendations about procedural and policy changes where necessary.
- Liaise with various departments to instil a risk-aware culture throughout the Bank and to maintain an appropriate up-to-date knowledge of key risk issues.
- Monitor and control credit exposures to ensure compliance with authorised portfolio and individual obligor limits.
- Monitor collateral and covenants where relevant.
- Implement and maintain adequate procedures as set out in the credit procedures, spreadsheets, registers, files and storage to ensure all appropriate records are maintained and security documents are safely stored.
- Assist to prepare and review facility and credit documentation where relevant.
Key experience will include:
- A minimum of 5-10 years’ experience (depending on level) gained within an international banking environment.
- Good understanding and awareness of credit risk issues
- An ability to identify credit risk and control along with a good understanding of Credit and related documentation
- Exposure to Trade Finance, Structured Trade Finance and knowledge of Project/Structured Finance is desirable but not essential.
- Adaptable, confident, reliable, motivated with strong time management skills and the ability to work effectively within a team.
- Excellent IT, analytical, numerical, interpersonal, communication, problem-solving and team-working skills are also essential.
Starting Date: ASAP
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