Director, Credit Analyst - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The Role Responsibilities

Group Standard Compliance Performance Objective:

Managing risk and compliance as part of my role: Take personal responsibility for understanding the risk and compliance requirements of my role.
Understand and comply with applicable laws and regulations, the Groups policies, procedures, and the Group Code of Conduct. Effectively identify, escalate, mitigate and resolve risk and compliance matters. Contribute to a culture in which all stakeholdersfeel safe to raise concerns and where risk and compliance matters are addressed, and misconduct appropriately dealt with.

Focus on clients and growth - Credit Analysis:

Guidance: Demonstrate a high degree of independence and proactivity in managing their portfolio coverage, communication with various stakeholders as well as escalation and communication with line managers: Expectation to provide support to Head of CA inrelation to wide business growth initiatives providing input and ideas and sharing feedback and best practice during team meetings.
Provision of insightful, relevant, and timely credit analysis across GB European Corporate client portfolio, including thorough, proactive monitoring of risks and forwardlooking view over an appropriate time horizon, involving (if required) detailed modellingand scenario analysis. The forecasting period may be dependent on factors such as cyclicality of the client' s industry and/or facility tenor.
This includes active engagement with Coverage/GAM on (and review of) the full BCA package (focused on Terms & Conditions, Limits and CaRT setting), CAT2 substantiation, Fraud Risk and sanction risk analysis, the ongoing monitoring of CaRTs (including notingthe same within CreditMate), and Early Alert Reporting. Aim to continuously improve the GM/BCA process by

(i) submitting priority accounts to Credit during the first week of the month and aim 100% submission by the 15th,
(ii) improve quality of GMs/BCAs as a result of using enhanced templates and
(iii) manage workload well below the policy threshold of 5% for extensions and overdues.- Actively support the business in identifying and pre-screening of prospects and Non-GAM names in a considered, well-reasoned manner taking into account strategy, portfolio standards, policy and reputational risk.

While proactively supporting new onboardings, actively challenge propositions out of sync with the general risk appetite of GB UK and maintain consistency across the team.

Strengthen our Governance and Risk Management & Controls - Be an active member of the first line of defence:

Demonstrate constant engagement and monitoring of SCB clients to protect the bank's interest; increase client interaction and participate to client calls or visits (as per agreed client call lists), depending on emerging requirements. Maintain high standardsof credit risk oversight, policies and procedures, cognisant of the regulatory and reputational risk.
Provide regular updates to relevant stakeholders (including timely response to team requests on information e.g. workflow update, onboarding stats update, EA report completion updated, spot checks on sanction linkage/fraud risk).Provision of additionalancillary support to Coverage teams [particularly with Client Managers] in line with currently agreed protocols, focused on ensuring that all credit propositions are both coherent and meeting the requirements. Examples include support around prospects, onboardingand similar.

Drive cross bank collaboration - Partnership with GAM, Products and Risk:

Further partnership with Client Coverage in sourcing and retaining client business, including through client engagement, striving to understand client strategy and support on initiatives and growth efforts Partnership with Risk in understanding and assessingcounterparty, transactional and industry risk aspects, including through being a conduit for securing insight and feedback from elsewhere in CIB on occasions. Increase team gravitas and perception in front of the Risk function, establishing and enhancing theprofessional credentials of the team / be an active voice in the Credit dialogue. Set up dialogue with other teams such as Country Risk, Legal or Product partners where advantageous.
Engage with GB' s strategic and performance objectives in a proactive and sustained manner, with particular focus on removing blockages to appropriate risk oversight and/or business development. This includes engaging risk to discuss amendments of BCA templatesto cater for latest developments (and reduce number of refer backs) or/and reaching out to policy team to tailor global policies to the client set we cover in Europe.

Improve efficiency, productivity and service quality and embed innovation, digitisation and analytics
:

The continuous improvement process includes

(i) optimising GMs/BCAs workload in cooperation with Credit and CMs
(ii) tighter workflow management by prioritizing submission of BCA/GM' s with significant exposure to the first week of each month

Proactively provide ideas to improve efficiency and productivity: this could include inefficiencies concerning the processes in the team or to take on a task to clarify a challenge between GAM/FIR, preparation of accelerated BCA templates for InvestmentGrade names, digitizing manual exercises (e.g. PRA leveraged loan exercise, monitoring of internal workflow/CART & EA completion, credit refer process) by leveraging bank' s existing data sources/ system reports or kick off a A3 (New ways of working).

People engagement & development. Strengthen culture and conduct - Share knowledge across the team and be open to support your colleagues. dedicate time to train, assist and support new/less experienced colleagues to spread consistent best practice across the team. Engage local and global leadership in succession planningand talent identification, focussing on facilitating build-up of skills, look forward career paths a