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About us: We are the UK Branch of a large International Banking Group.
Due to current pandemic, we can only consider candidates based in London already, no relocation provided.
You will be responsible for reviewing credit facility proposals for Corporate and Retail customers, forwarded to them by the appropriate departments. You will provide analyses and assess the risk of the borrowers, proposed credit structures, security/collateral, and exposure levels, and the adherence to established policies, guidelines and credit procedures.
Duties & Responsibilities will include:
Perform activities within the approved Group credit risk strategy/risk appetite parameters, reflecting the Group's tolerance for risk and the level of profitability the Group expects to achieve for incurring various credit risks.
Use standardized processes for evaluating credit proposals ensuring that all approved credits are within our Group's credit risk strategy and applicable policies and guidelines.
Act within the limits of the powers delegated to the incumbent
Ensure adherence to Group and Group Risk Policies guidelines and procedures, and awareness of regulatory changes pertaining to credit risk. Assess policy impact on the Group's risk profile, as guided and instructed by supervisors. Produce reporting and impact analysis processes as required on policy and regulatory changes.
Build and maintain strong and effective relationships with the all-other related departments and units to achieve the Group's goals and objectives.
Provide timely and accurate information to the management and external and internal auditors and the Compliance function as and when required.
Adhere to requirements specified in the SLAs.
Perform credit assessments, and comply with established and approved credit risk policies, guidelines and procedures, and relevant laws and banking regulations.
Coordinate with business unit Relationship Managers for the timely receipt of customer documents / other information required to evaluate the credit worthiness of the proposed borrowers.
Assist in the assessments on credit proposals by preparing reports and analysis of the various credit risk facets are completed and appropriate for the measurement of borrower and facility risks. Assign final risk ratings, including borrower rating and facility ratings, based on the underlying assessment which includes (but is not limited to) an assessment of the requested facility and security, collateral and guarantees provided, borrower's management and background, industry analysis, country analysis, external agency credit ratings (if applicable), financial and cash flow analysis, and as applicable, the risk rating from the credit risk rating tool in use. Stipulate terms and conditions to mitigate the credit risk borne by the Group.
Ensure all obligors are assigned the appropriate credit ratings, and ensure annual reviews are done and updated on timely basis.
Support the Head of Credit in preparing recommendations to extend, decline, or request further structuring/guarantees/collaterals to the transactions to minimize credit risk and meet Group credit risk standards.
Coordinate activities with business units to ensure the timely processing of customer credit requests within established SLA requirements.
Possess an understanding of business processes and controls in all related credit/operational areas.
Maintain adequate knowledge of all pertinent regulations as well as international "best practices" pertaining to the overall credit operations.
Comply with all applicable legal, regulatory and internal compliance requirements including, but not limited to, the UK Compliance manual; Group Compliance Policies and Procedures (Anti Money Laundering & Counter Terrorist Financing, Sanctions Policy, Data Protection Policy, Fraud Control Policy, Whistle Blowing Policy, Conflict of Interest and Insider Dealing Policy).
in accordance with the Branch Governance manual, contribute to and comply with the Branch's Risk Framework, consider Risk Appetite and promote a positive Risk Culture:
Understand and effectively perform your role under the Three Lines of Defence principle to identify, measure, monitor, manage and report risks.
Ensure systematic good outcomes for clients in accordance with Conduct Risk policy.
Support the framework of RCSA, KRI, Incident reporting and remediation, as appropriate, in accordance with the Operational Risk Management requirements.
Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training provided by the Bank and attain and maintain the required levels of competence.
Attend mandatory (internal and external) seminars as instructed by the Bank.
Ensuring high standards of data protection and confidentiality to safeguard commercially sensitive information. Maintaining utmost confidentiality with regards to customer and internal bank information obtained during the course of business and provide such information on a need-to-know basis only to Senior Management, Audit and Compliance functions, and relevant Regulators.
Maintains high professional standards to uphold the bank's reputation and to strengthen its market leadership position.
All other ad hoc duties and/or activities related to the bank that management may request of the employee from time to time
Bachelor degree, preferably in finance, economics or related subjects.
4-6 years Credit Analysis experience in an international bank's risk function, covering Retail Banking and Mortgages
Excellent Numerical skills (including reading of financial reports).
Excellent oral and written communication skills.
Good quantitative modelling, analytical, and research skills.
Proficiency in risk concepts, banking products/ operations/ systems, pertinent regulatory requirements, International Accounting Standards and related pronouncements.
Knowledge of financial markets and products.
Good understanding of credit risk methodologies and/or other complex financial risk modelling would be highly desirable.