As a Credit Risk Associate focusing on Financial Institutions , you will support the team on execution of transactions across acquisition & leveraged finance, vanilla and structured loans, derivatives, securities, securitizations as well as liquidity and cash management products for a diversified portfolio of corporate, financial institutions and government clients. Your key responsibilities include ongoing credit monitoring and management of the portfolio, assessing counterparty credit risk, determining appropriate risk ratings, as well as participating in due diligence, structuring, negotiation and documentation of new transactions.

Job responsibilities

• Managing a portfolio of diverse bank, non-bank financial institutions, insurers, governments and other financial industry participants with a range of products including derivatives, futures & options, intraday liquidity facilities, securitization warehouses (Residential Mortgage-Backed Security RMBS & Asset Backed Security ABS), treasury management products and securities trading/financing products.
• Continuously track the client portfolio and the sectors they operate in and update key stakeholders on material developments (e.g., financial performance, market, industry, regulatory) with respect to clients and potential risk ratings impact/s.
• Take a leading role on new transactions for financial institution clients in terms of credit analysis, client due diligence, discussions with business stakeholders, negotiation of key legal documentation terms and accurate setup of client facilities in risk systems.
• Prepare annual credit reviews for our financial institution clients (including macro-overview, industry/sector, regulatory, competitor, business and financial analysis) and recommend any changes required to risk ratings and credit facilities.
• Partner actively with Sales, Credit Risk colleagues, Operations, Legal, Middle Office, business stakeholders, and others both locally and globally for on boarding, deal execution, monitoring exposures and regulatory compliance.
• Remain up to date on applicable firm-wide risk policies and support the governance, reporting and data quality requirements of the financial institutions portfolio.
• Support the Corporate & Investment Banking Credit Risk team with ongoing ad-hoc initiatives and workstreams.

Required qualifications, capabilities and skills

• Three years credit risk management experience covering financial institutions
• Strong credit risk skills covering both qualitative and quantitative analysis and an ability to understand and analyse the financial statements of bank, non-bank financial institutions or insurers or analyzing securitization transactions
• Good understanding of the products generally used by financial institutions as well as related documentation (e.g. International Swaps and Derivatives Association/Credit Support Annex and others)
• Effective communication (oral and written) and interpersonal skills
• Ability to work proactively & independently as well as part of a team
• Deadline oriented; organized and responsible; high attention-to-detail; and an ability to show clarity in thinking when dealing with multiple work streams in a fast-paced environment
• Ability to build and maintain strong relationships and confidently interact with business and other internal stakeholders both locally and offshore
• Undergraduate degree or post graduate qualifications in accounting, business, finance or a quantitative related discipline
• Proficient in the use of Microsoft Word, Excel and Power Point

Preferred qualifications, capabilities and skills

• Securitisation (Residential Mortgage-Backed Security RMBS & Asset Backed Security ABS) experience would be highly regarded