My client is an international bank. This role is based in the City of London.
The Credit Analyst will:
Ensure the analysis, identification and mitigation of counterparty and deal risk through awareness of environmental factors
Understand and keep abreast of the critical key macro environmental impacts and inter-relationships e.g. jurisdictional compliance, sector developments, regulations, financial markets, country risk.
Analyse and identify counterparty risk, deal risk, mitigation opportunities and threats
Understand the critical micro-environmental impacts and relationships e.g. company performance trends, financial data, debt profile, gearing, projected cash flows, and identifying and applying risk management mitigation tactics.
Understand the business value proposition to ensure that service to business is bespoke and relevant to the context
Demonstrate a practical understanding of the business fundamentals and awareness of key cost and revenue drivers in the Corporate and Investment Banking market
Understand the range of product and service offerings provided by the Business Units, understand product differentiators, as well as key revenue generators to ensure that service to business is bespoke and relevant to the context;
Establish and service relationships with business partners to improve the effective and efficient execution of credit objectives while still meeting business requirements.
Rely on enabling technologies to establish the objective value of counterparty and sector risk profiling
Build risk models which are integrated and future focused in order to establish the objective value of counterparty and sector risk profiling.
Ensure the preparation of new and annual credit reviews/ ratings and deal transactions for assigned counterparties and monitor assigned counterparty risk and the associated facilities
Prepare new and annual credit reviews/ ratings and deal transactions for assigned counterparties and monitor assigned counterparty risk and the associated facilities.
Perform collateral analysis and recommend loss given defaults (LGDs) using the appropriate frameworks; * monitor and action compliance to approved facilities i.e. covenants, excess.
Partner with the relevant Review Analyst/Team Lead for counterparty reviews, risk exceptions and approvals of annual credit reviews
Prepare and present to relevant forums and committees for decision-making e.g.: Credit Committees, Credit Forums and Deal Conclusion Forums
Assess effectiveness of counterparty credit tactics and stakeholder engagement by measuring changes in client satisfaction (business) and other quality indicators e.g. submissions, deadlines met, time taken to process new requests.
The successful Credit Analyst will have:
Advanced University degree in a relevant field - ideally a Master's degree in one of the fields of Finance/Economics/Law or a quantitative discipline
In depth understanding and application of: accounting principles/financial statements, the legal and regulatory framework around funds and fund managers, and quantitative and analytical methodologies
Banking Product knowledge (including interest rate and currency derivatives, TRS transactions and creditlinked instruments)
Experience of working on ISDA, GMRA, GMSLA agreements as well as collateral, margining, clearing and prime broking arrangements
The ability to develop concise credit arguments in writing
5-7 years working in Financial Services
This person must have extensive London credit experience (specifically with International NBFI's). Knowledge and familiarity with large fund managers and insurers based in the UK, EU, and US is imperative.
This is a permanent role offering £75,000 - 90,000 basic depending on the candidates experience. This firm offers a very competitive bonus and benefits package.