Senior Credit Risk Manager

Do you have solid experience as a Credit Risk Manager and do you want to make the next step? Do you want to be part of the Risk Department of a prominent bank? Then make sure to read along!

• This is an opportunity for a Senior Credit Risk Manager to take on an exciting new career challenge
• You’ll be able to build a wide network of stakeholders of varying seniority, as you act as an ambassador for the function and raise credit skills and awareness in the business
• You’ll have direct responsibility for a Western European focussed Large Corporate portfolio
• Hone your existing credit skills and advance your career in this fast-paced role
• Small team results in lots of exposure to the organisation
• Learning curve: requirement to expand knowledge into the Financial Institutions sector with associated Delegated Credit Authority and full suite of Investment Banking product knowledge

What you'll do

You’ll structure credit solutions to meet customers’ needs within the bank’s risk appetite, while providing assurance of consistent and disciplined credit underwriting, with key risks identified.

As you develop into your role, you’ll be driving, coaching, and mentoring colleagues and less experienced credit managers, while expanding your knowledge into the financial institutions sector covering a full suite of investment banking products.

It’ll also be your responsibility to:

• Undertake quality risk assessments across a range of lending requests from customers, making balanced underwriting decisions
• Proactively identify appropriate lending capacity within the bank’s risk appetite, taking account of counterparty and sector trends
• Clearly articulate lending decisions that include only relevant terms and conditions
• Make sure the needs of, and impact upon the customer are considered through all aspects of the risk assessment process allowing fair outcomes
• Work collaboratively to make sure the team delivers responses within agreed deadlines
• Contribute to the ICAAP, ILAAP process
• Contribute to PD, LGD, Stress testing model development as expert user, model performance reviews, regulatory inspections and remediations if applicable

The skills you'll need

University education with Master degree in Finance, Banking, Risk Management or similar roles. You’ll need to be an experienced lender with sound analytical and technical credit skills, understanding of LMA style finance documentation, Master Agreements for derivatives, good knowledge of financial markets and investment banking product, strong commercial awareness, and the ability to shape complex deals to create fair customer outcomes and protect the bank’s position.

You’ll ideally be familiar with Western European large corporate credit and structured finance as well as leveraged finance and project finance. Restructuring and problem debt management experience will also be beneficial, and you’ll have held delegated credit approval in your previous role.

We'll also expect you to have:

• At least 10Y of Credit Risk Management experience in Banking
• You have held individual delegated credit approval authority
• Sound knowledge of the Large, mid-corporate and commercial segment, sectors, and lending as well as derivatives products
• A strong understanding of credit policy, economic, legal, regulatory, and where applicable specialist sector issues, along with underwriting processes and systems
• The ability to work well as part of a team with strong interpersonal and communication skills
• Excellent organisation skills with the ability to prioritise and deliver to agreed service standards

For the ideal candidate Western European Large Corporate Credit and Structured Finance (Leveraged Finance, Project Finance etc) should hold no mysteries. You're seasoned through the cycle with at least 10 years of experience; preferably have restructuring / problem debt management experience and willing to expand knowledge into Financial Institutions as clients (Banks, Insurance co, Regulated and Leveraged Funds, CCP). You have a thorough understanding of the ICAAP, ILAAP, IFRS9 processes and PD,LGD, Stress Testing models, use and regulation. You must have held Delegated Credit approval in your previous role.

You're multi-lingual: English is the corporate language but fluency in Italian, Spanish, French or German is most welcome.

Interested? Please apply!