This is a brand new role in a fast growing international bank
This person will have 5-7 years of experience in NBFI credit analysis
About Our Client
My client is an international bank. This role is based in the City of London.
The new Credit Analyst will be responsible for:
- Ensuring the analysis, identification and mitigation of counterparty and deal risk through awareness of environmental factors
- Understanding the business value proposition to ensure that service to business is bespoke and relevant to the context
- Demonstrating a practical understanding of the business fundamentals and awareness of key cost and revenue drivers in the Corporate and Investment Banking market
- Establishing and servicing relationships with business partners to improve the effective and efficient execution of credit objectives while still meeting business requirements.
- Relying on relevant data to build risk models that are integrated and future focused in order to establish the objective value of counterparty and sector risk profiling.
- Ensuring the preparation of new and annual credit reviews/ ratings and deal transactions for assigned counterparties and monitoring assigned counterparty risk and the associated facilities
- Preparing new and annual credit reviews/ ratings and deal transactions for assigned counterparties and monitor assigned counterparty risk and the associated facilities.
- Partnering with the relevant Review Analyst/Team Lead for counterparty reviews, risk exceptions and approvals of annual credit reviews. This includes preparation and presentation to relevant forums and committees for decision-making e.g.: Credit Committees, Credit Forums and Deal Conclusion Forums
- Assessing 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.
- Cultivating an environment of knowledge-sharing and collaboration
The Successful Applicant
The successful Credit Analyst will have:
- Advanced University degree in a relevant field
- Master's degree in one of the fields of Finance/Economics/Law or a quantitative discipline (preferred)
- An in depth understanding and application of: accounting principles/financial statements, the legal and regulatory framework around funds and fund managers, quantitative and analytical methodologies, risk management methodologies, tools, governance structures and regulatory requirements
- Banking Product knowledge (including interest rate and currency derivatives, TRS transactions and creditlinked instruments)
- Experience preparing and negotiating ISDA, GMRA, GMSLA agreements & collateral, margining, clearing and prime broking arrangements
- Ability to develop concise credit arguments in writing
- 5-7 years experience working in credit analysis within Financial Services
- Must have experience working specifically with International NBFI's. Knowledge and familiarity with large fund managers and insurers based in the UK, EU, and US in particular.
What's on Offer
This is a permanent role offering a basic salary of £80,000 - 95,000 depending on the candidates level of experience, plus fantastic benefits and a competitive bonus.