Corporate Credit Analyst # 101759
The Risk Division is a highly visible, dynamic area of the firm where you can be an integral part of the decision making that supports the bank’s business. Our responsibilities range from Enterprise Risk management to risk and finance reporting, and regional risk teams covering the risk management for our entities.
The Risk division's long-term success depends on our ability to achieve our vision and fulfil our mandate. Ultimately, this depends on the skills, experience and engagement of our employees. We offer a collaborative and entrepreneurial environment that offers direct contact with senior management and encourages leadership at all levels.
Credit Risk Management (CRM) evaluates credit risk transactions and approves, rejects, or modifies them considering the availability and appropriateness of arrangements for reducing risk or risk mitigation. The department also assigns internal credit ratings; establishes and manages credit risk limits in accordance with the risk tolerance established by the Board; monitors and reports on credit risk exposures on a regular basis to senior management. CRM also interacts with business units to ensure that credit risk assessments are factored into business decisions.
The Corporates team within Credit Risk Management (CRM) is responsible for managing, approving, monitoring and controlling all credit risks arising from our Investment Banking Division’s relationships with EMEA corporate counterparties. This includes underwriting debt financings in connection with leveraged buy-outs, acquisitions, and refinancings, loan participations as well as credit lines for derivatives business.
- Performing transactional analysis and actively engage to mitigate risks in the transaction.
- Coordinating the approval process from beginning to end for underwritten transactions, loan participations, and ‘flow’ transaction.
- Capturing in the credit information systems, in a timely manner the correct and accurate credit exposure the transaction attracts and justification for the credit extension which sufficiently robust to withstand regulatory scrutiny.
- Performing counterparty credit analysis including, but not limited to, credit due diligence meetings, cash flow and liquidity analysis, sensitivity analysis, and collateral and enterprise valuation analysis.
- Reviewing and revising obligor specific internal risk ratings and SNC ratings assigned to capture differing degrees of credit risk over time.
- Evidencing a robust assessment of existing credit exposure through quarterly and annual monitoring reports.
- Identifying early remedial action on deteriorating credits, working jointly with the workout department to handle problem credits and/or workout situations.
- Ensuring information systems measure obligor specific credit risk, including the composition, quality, and concentration of risk correctly against relevant limits.
- Provision of comprehensive and timely portfolio reporting for purposes of management oversight.
Open to discussing flexible/agile working.
She / he will be an experienced credit risk management professional already working in major commercial or investment bank. He or she is likely to have extensive experience in credit risk management including experience in leveraged finance and other sub-investment grade lending.
- Financial analysis of corporates, including cash flow analysis, financial modeling, and enterprise valuations.
- Working within and across teams and functions; communicating effectively; resolving conflicts; negotiating skillfully in pursuit of common goals.
- Valuing different perspectives; creating an inclusive environment; valuing and leveraging diversity; being sensitive to other cultures.
- Good communications skills, both oral and written.
- Product knowledge (i.e. leveraged loans, investment grade loans, swaps, FX).
- Familiarity with legal documentation and risk issues, including LMA loan documentations, ISDAs, CSAs, netting, and credit mitigating features.
- Team oriented, flexible, diligent, and self-motivated.
- Ability to work to deadlines.
- Fluent in English, both written and oral. Other European language is desirable, but not a requirement.
- Good knowledge of Word, Excel, and PowerPoint software.