Credit Analyst - London, United Kingdom - eFinancialCareers

Tom O´Connor

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Tom O´Connor

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Description

Miryco Consultants are working with one the world's largest investment banks to find a VP level TMT and Utilities focused Credit Analyst.

This role will suit someone entrepreneurial with a solid understanding of the unique risks posed in the relevant sectors.


Responsibilities:


  • Cover a varied portfolio of largely non IG/ private company/ complex IG corporate credits across the EMEA TMT and Utilities space.
  • Perform forward looking fundamental credit calls on live transactions, limit renewals and annual reviews. Along with client meetings the analyst completes a credit opinion including cash flow forecast, recommending approval, a neutral stance, or nonapprovalof the proposed transaction.
  • Updating financial analysis for quarterly and year end results. Actively monitoring assigned portfolio of IG and NIG corporates for potential changes in credit risk. Assign or update internal ratings.
  • Coach junior team members and assist team manager to review junior team members work papers. Assist team manager in the management of the team workflow and other day to day operations/ projects/ initiatives.
  • Lead complex client credit due diligence following key risk events or for onboarding of new clients.
  • Quickly assess key credit issues, raise salient points to the correct stakeholders and to assess the riskreward trade off.
  • Work diligently to develop technical skills and industry knowledge related to the role. Work towards becoming an expert in a sector and/or geography.
  • Ensure accurate and timely compliance with internal rules and reporting procedures.
  • Undertake specific country and industrial sector research as well as leading other team or departmental project work as appropriate.
  • As directed support the development of junior staff members through coaching and review of their work papers.

Requirements:


  • Extensive experience in fundamental credit analysis gained in a bank, asset manager or rating agency environment.
  • There should be an emphasis on credit analysis in the context of a transaction or event.
  • Experience of covering IG, NIG, private company credits would be seen favourably.
  • Preference for prior experience in the TMT and/or Utilities sector across EMEA, albeit not mandatory.
  • Experience in structured lending transactions (e.g. WBS/ Secured holdco financings etc) in the context of the Utilities sector would be advantageous.
  • Ability to take a forward looking view using cash flow modelling and stressing testing.
  • Existing experience in coaching, mentoring and reviewing junior credit analysts work. A willingness to grow into a line manager over time.
  • Strong understanding of complex loan/bond documentation and key credit protections. Good understanding of market risk and ISDA's.
  • Languages desirable and ability to work across regions with locally based coverage teams.
  • Degree level.
  • Other financial professional qualifications (e.g. CFA, ACCA, ACA etc) will be seen as highly beneficial.

Location:
London, UK


Salary range:
£75,000 - £85,000

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