Our client is multinational Corporate banking company, with over 13,000 branches worldwide.
To provide independent, high quality credit risk assessments and recommendations for (a) corporate, financial institution and sovereign counterparties, issuers and clients, and (b) country risks, and to ensure that those assessments are formally reviewed in line with credit policy.
To assist the Deputy Head of Risk in ensuring that all credit risks in the Bank are identified, monitored and controlled effectively, and that the Bank establishes and maintains appropriate credit risk management controls, systems, policies and procedures.
To ensure that credit exposures are accurately reported in accordance within policy to the Deputy Head of Risk and senior management, the Business Areas and other support areas as required, and to monitor on a daily basis adherence to approved credit limits. To this end, the role will assist the Deputy Head of Risk in allocating and supervising the work of risk analysts undertaking regular reporting and data maintenance tasks.
To ensure that credit limit breaches are reported in accordance with policy.
To determine and, where applicable, improve the methodology for accurately calculating credit exposures from new and existing products and business, and for measuring and monitoring portfolio credit risks.
To monitor news and other market information that indicate material changes in the assessment of the Bank’s credit and country risks, and to inform the Deputy Head of Risk, Senior Management and the relevant Business Areas.
To assist the Deputy Head of Risk in allocating and supervising the work of other credit risk analysts.
To conduct quarterly IFRS9 provision calculations using the Head Office model.
Perform administrative duties as Secretary of the Branch Credit Committee.
To provide support, advice and assistance to all Business Areas on all credit-related matters, including structuring of prospective transactions to mitigate credit risk appropriately.
To provide support and guidance to the Business Areas in completing credit proposals in an efficient manner and presenting those proposals to Head Office.
To assist with the review and development of policies and procedures.
Read and understand the Risk Management & Compliance framework (and the policies referenced therein) that are applicable to their work and ensure that their work is carried out in full accordance with those policies and procedures and with a high degree of professionalism and integrity. Particular attention should be paid to the requirements on individual members of staff laid out in the Compliance Manual, Conduct Risk Policy, Conflicts Management Policy, the Anti-Bribery & Corruption Policy and the UK Staff Handbook.
Ensure they are familiar with the appropriate documented procedures applicable to their work, including End-to-End Process Maps.
Reporting and escalating material risk events, including conduct risk events and conflicts of interest, or losses to the Deputy Head of Risk.
Ensuring familiar with the department’s detailed BCM plans.
Ensuring transactions arranged are in accordance with the Tax Risk Policy and are documented in accordance with the Legal Policy and any applicable departmental procedures.
Ensuring managing the use of IT systems and of data, particularly personal data, in accordance with the IT Security Policy and the Data Protection Policy and any applicable departmental procedures.
Ensuring the timely completion of training required by the Bank.
Responsibility for the provision of policy, tools, techniques and support to enable conduct and compliance risk to be managed in the first line. Conduct monitoring and reporting to assess the design and effectiveness of first line controls and ensure consistency of definitions and measurement of conduct risk. To ensure policy and processes meet legal and regulatory requirements, identify opportunities to improve the framework and collaborate with the First Line of Defence to implement and embed changes.
Ad-hoc tasks assigned by the line manager
Educated to degree and/or appropriate professional qualification level.
Strong experience in analyzing credit risks of all types and experience of implementing credit risk management frameworks
A good understanding of a broad range of wholesale banking and treasury products and a strong understanding of the sources of credit risk in such products
A good understanding of the UK regulatory framework
Excellent communication skills, both written and verbal, in English. Skills in Mandarin would be an advantage
Good team skills, in particular the ability to work closely with the Business Areas whist maintaining independence
For further information please contact Natalie Antat