Associate Credit Portfolio Manager - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Job Title:
Associate, Credit Portfolio Manager

Department:
Wholesale Portfolio Management Execution

Location:
London, Hybrid working

9 Contract - Likely Extensions

£385/ Day PAYE, £499.86 Umbrella

Purpose of Department

Wholesale Portfolio Management (WPM) is a part of Global Banking & Markets (GBM) and is responsible for the active portfolio management of the wholesale credit portfolio globally.

WPM Execution within WPM is responsible for distributing credit risk on thewholesale portfolio using instruments such as credit default swap, insurance, index options and securitisation.

The team works directly with balance sheet owners, corporate bankers, wholesale credit risk management and interact regularly with a wide rangeof support functions.

The role sits within Wholesale Portfolio Management Execution and provides support to the management of existing significant risk transfer synthetic securitisation transactions.
Monitor and investigate changes in the portfolio of loans referenced in the transactions
Manage the reduction, removal and replenishment of the portfolio, in line with transaction terms
Carry out eligibility checks on each loan to determine whether the loan is fit to be included in the transactions
Present portfolio changes in monthly transaction oversight committee
Report the transactions to investors, regulators and internal stakeholders
Deal with external audit requirements related to the transactions
Perform detailed analysis on loan portfolio by gathering, cleansing and remediating data issues
Document and enhance the management tool, process and controls

Skills/Experience required

Proficiency in MS Excel and competency in MS Access, MS PowerPoint, MS Word
Strong communications and problemsolving skills
Proactive in investigating and resolving issues
Proactively look for ways to improve processes/systems and close control gaps
Understanding of lending products, CDS and securitisation is preferable
Working knowledge of Risk Weighted Assets calculations for wholesale exposure is desirable