CAIA's Career Center is an easy-to-use, comprehensive resource connecting job seekers with employers in the growing AI field. Use your knowledge and credibility to advance your career or build a talented team for your organization. Opportunities targeted to CAIA Charterholders are prioritized.
In order to search for jobs specifically for CAIA Charterholders or those pursuing the CAIA Charter please enter “CAIA” in the search panel.
This will enable you to search for CAIA specific roles globally.
Dimensions of role (i.e. budgets managed, number of staff):
The job holder may be assigned the following duties (in addition to other duties as may be identified from time to time within WBMO):
partnering with both WB Client Coverage and Products areas
Interact/correspond with various departments and Clients
Support WB coverage in all Credit related client tasks including portfolio management, budget monitoring & management, portfolio monitoring, risk assessment and management, Credit & risk reporting etc.,
Principal Responsibilities, Accountabilities and Deliverables of Role:
Job Holder is primarily responsible for delivering credit support solutions to WB coverage team. Specifically, assist line manager / unit in the core deliverables of the Client Credit Management within the Wholesale Banking Middle Office function by:
Creating credit spreads and calculations on financial statements and related information for new to bank and existing clients using relevant systems and software.
Performing comprehensive analysis of new credit requests, credit change requests, renewals and annual reviews in co-ordination with the Relationship Manager in the Front Office.
Preparation of various types of Credit Applications and related summary term sheets.
Raising of waiver requests stemming from deviations to bank policies, standards and procedures (e.g. Wholesale Banking Policy, Credit Policy and standards, Credit / Legal Documentation Policy etc.) approved conditions and covenants (includes conditions precedent and subsequent).
Earmarking of limits and subsequent reinstatement or lapsing (as appropriate)
Structuring of credit facilities and related transactions.
Building and maintaining a portfolio-wide database to capture the day to day management of Approval conditions and agreed covenants
Tracking and reporting of all unit related deliverables, KPI's and KRI's
Ensuring Facility and Security documentation are prepared in accordance with credit approvals, Credit/Legal Documentation policy and Department procedures.
Ensuring follow-up and satisfaction of conditions precedent and subsequent to facility utilisation.
Tracking and reporting the status of conditions precedent and subsequent documents and highlight exceptions to line manager.
Preparation of periodic reports as well as any MI reports for the department.
Assist department by:
Performing all tasks in the capacity of a Maker.
Assuming the role of a Joint Custodian in the Safe Custody Management Process, as and when nominated.
Ensuring all processes and procedures are adhered to at all times.
Escalating risks/issues through the line manager for timely resolution.
Assisting in the development and ongoing maintenance of an activities Dashboard.
Serving as a central point of client interactions by handling, resolving and escalating day-to-day administrative queries and complaints, as appropriate, by liaising with various stakeholders.
Partaking in planned and adhoc departmental projects.
Punctual delivery of all returns and requested services.
Improving processes, time to market and provide a best in class client experience while adhering to internal and external Client expectations.
Developing and maintaining cordial relationships with internal as well as external customers.
Demonstrating openness and positive attitude towards criticism.
Completing smooth periodic performance reviews with the line manager and assigned training programs.
Building a brand name for the area.
Steering clear from any form of negative feedback, be it delivery or staff conduct.
Risk, Compliance & Business Continuity:
At all times, act with due care, skill and diligence to ensure compliance with Bank ABC's risk culture, policies and procedures, Code of Conduct and Values.
Actively participates in a climate of openness, transparency and accountability for compliance with external regulations and internal risk policies and procedures, where issues are raised and escalated, as appropriate and required, in a timely manner.
Participate in exercises to rehearse the banks response to an emergency situation (i.e. evacuation exercises and Business Continuity tests).
Job Context (Circumstances & environment surrounding the job):
The WBMO has the objective to provide best in class shared services for client on-boarding, client due diligence, credit and data management for Wholesale Banking.
Its core principles are:
A valued, trusted business partner: Client service excellence and business delivery will be crucial.
To the extent possible, insulate the RMs from the coverage and product teams (as applicable) from all non-sales/marketing activities.
Process excellence: Continuous improvement of control and client service processes.
High focus on process improvements to streamline the end-to-end credit process, time to market and most importantly, overall client experience.
One team through one highly integrated approach, all working towards a common goal.
To be Transparent and Accountable, performance and values are visible for all.
Ability to solve problems and escalate to higher levels (as appropriate) and get along with people amicably.
Good understanding of Wholesale banking products.
Good knowledge and understanding of Credit, AML and Operations management.
Fair working knowledge of Loan Documentation, Syndication Loan Structures, Commercial Contracts, Trade Finance, Credit Risk, KYC and Banking terminology including standard loan covenants.
Good background in performing credit analysis of FIs and Non-FIs.
Solid computer skills with capability to use spreadsheets, graphic and presentation packages to review and create professional materials.
Education / Certifications
Suitably educated, preferably with a bachelor's degree in commerce/finance.
Professional Degrees (an added advantage)
Minimum of 5 - 7 years' experience in a similar function, credit or audit with large regional or global financial institution(s).
Possess exemplary ethics, integrity, confidentiality, diplomacy and resilience under all circumstances.
Proactive, precise, highly motivated and able to adapt and thrive within the bank's culture
Be an effective communicator and be able to deal with all levels of management.
Have excellent inter-personal skills to be able to manage and resolve difficult situations.
Be methodical, detail-oriented and well-organized towards everyday tasks.
Be punctual and priority conscious.
Customer service oriented
Internal Number: 5199553
eFinancialCareers is a career site specializing in financial services.