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Up to VP, Credit Risk Officer, GCIB Credit

London, , United Kingdom;

Job Description:

  • As part of Global Banking & Markets, GCIB Credit manages and delivers the credit relationship for wholesale clients in accordance with the company’s growth strategy, risk appetite and underwriting standards. While we are an independent function, we work closely with various lines of business, relationship managers, product specialists and Risk.

  • Global Banking & Markets includes corporate banking, investment banking and sales & trading. The group provides services to middle-market and large corporations, government entities and institutional investors. These services include mergers and acquisition advice, equity and debt capital raising, corporate lending, sales and trading in fixed income, commodities, currency and equities, risk management, research, and liquidity and payments management.

  • GCIB Credit is responsible for analyzing and underwriting debt financing solutions and derivative strategies for medium and large corporate clients of Global Banking & Markets. .

  • GCIB Credit partners with teams across Global Banking & Markets including Trade Service Partners and Global Treasury Management to drive business growth and results while maintaining appropriate risk discipline specific to the corporate credit portfolio.

  • Integral to GCIB Credit’s mission is its partnership with other branches of Global Banking & Markets and Risk Management organization in order to effectively manage and monitor the credit, market and operational risks related to the corporate portfolio.

WHAT WILL I BE DOING? (Responsibilities)

As a credit officer, you will manage all credit aspects for your assigned portfolio. Specifically this would include:

  • Develop and maintain a deep understanding of the Global Banking & Markets product spectrum

  • Develop and maintain a deep understanding of the portfolio at the client, industry, and macro level in order to assess risk and craft value added solutions that balance risk

  • Independently assess the credit worthiness, including due diligence of prospective borrowers and/or trading counterparties and establish appropriate terms and conditions to mitigate risk;

  • Structure transactions and negotiate credit documentation including; credit agreements, amendments, ISDAs, and CSAs;

  • Ensuring granularity of the portfolio with specific reference to targets for net country/credit capital, legally binding commitments, total exposure and asset quality.

  • Establish appropriate internal risk ratings for clients and implement accurate adjustments throughout the client’s credit life cycle;

  • Develop, maintain, and manage internal relationships with business partners including Corporate and Investment Bankers, Sales & Trading, Risk Management, Syndications, and Legal;

  • Participate in strategic projects to support business goals.

  • Providing leadership and management within the team, comprising AVPs and Analysts.

  • Ensuring adherence to prevailing credit policy.

COMPETENCIES WE LOOK FOR

  • Strong credit skills and risk judgment and ability to defend rigorously a fact based point of view.

  • Knowledge of EMEA and specific industry sectors (preference to include Oil and Gas and Commodities) and/or Emerging Markets (knowledge of FI and Corporates credit), structuring and documentation.

  • Strong Corporate Finance perspective and drives deal selection, screening and transaction management process.

  • Accomplished negotiator with strong foundation in relative value assessment and risk mitigation techniques.

  • Understanding of credit risk sensitivities in the portfolio and risk drivers of the exposures.

  • Sound product/technical and process knowledge across lending and derivative (FX, rates, commodities and equities) products.

  • Ensuring that the portfolio and credit management process are at all times rated "satisfactory" by internal auditors, the Credit Review group and external Regulators.

  • Effective interpersonal and communication skills with ability to resolve issues in a professional and timely manner.

  • Acting as an agent of change/improvement, influencing corporate policy/procedure and projecting a positive strategic vision.

  • Commercial mindset to support value added discussions with the clients and Relationship Managers

SKILLS  WE LOOK FOR

  • Extensive credit risk experience (minimum 6 years) at a major international financial institution, analyzing, assessing companies in different sectors and structuring transactions

  • Fluency in use of all Microsoft Office applications, particularly Excel

  • Knowledge of EMEA and specific industry sectors (preference to include Oil and Gas and Commodities) and/or Emerging Markets (knowledge of FI and Corporates credit), structuring and documentation.

  • Effective interpersonal and communication skills with ability to resolve issues in a professional and timely manner working in a team.

  • Strong organizational skills with ability to prioritize and work under pressure to ensure to meet deadlines.

  • Keen interest in macroeconomic and geopolitical issues

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Job Band:

H5

Shift: 

Hours Per Week:

35

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

  • As part of Global Banking & Markets, GCIB Credit manages and delivers the credit relationship for wholesale clients in accordance with the company’s growth strategy, risk appetite and underwriting standards. While we are an independent function, we work closely with various lines of business, relationship managers, product specialists and Risk.

  • Global Banking & Markets includes corporate banking, investment banking and sales & trading. The group provides services to middle-market and large corporations, government entities and institutional investors. These services include mergers and acquisition advice, equity and debt capital raising, corporate lending, sales and trading in fixed income, commodities, currency and equities, risk management, research, and liquidity and payments management.

  • GCIB Credit is responsible for analyzing and underwriting debt financing solutions and derivative strategies for medium and large corporate clients of Global Banking & Markets. .

  • GCIB Credit partners with teams across Global Banking & Markets including Trade Service Partners and Global Treasury Management to drive business growth and results while maintaining appropriate risk discipline specific to the corporate credit portfolio.

  • Integral to GCIB Credit’s mission is its partnership with other branches of Global Banking & Markets and Risk Management organization in order to effectively manage and monitor the credit, market and operational risks related to the corporate portfolio.

WHAT WILL I BE DOING? (Responsibilities)

As a credit officer, you will manage all credit aspects for your assigned portfolio. Specifically this would include:

  • Develop and maintain a deep understanding of the Global Banking & Markets product spectrum

  • Develop and maintain a deep understanding of the portfolio at the client, industry, and macro level in order to assess risk and craft value added solutions that balance risk

  • Independently assess the credit worthiness, including due diligence of prospective borrowers and/or trading counterparties and establish appropriate terms and conditions to mitigate risk;

  • Structure transactions and negotiate credit documentation including; credit agreements, amendments, ISDAs, and CSAs;

  • Ensuring granularity of the portfolio with specific reference to targets for net country/credit capital, legally binding commitments, total exposure and asset quality.

  • Establish appropriate internal risk ratings for clients and implement accurate adjustments throughout the client’s credit life cycle;

  • Develop, maintain, and manage internal relationships with business partners including Corporate and Investment Bankers, Sales & Trading, Risk Management, Syndications, and Legal;

  • Participate in strategic projects to support business goals.

  • Providing leadership and management within the team, comprising AVPs and Analysts.

  • Ensuring adherence to prevailing credit policy.

COMPETENCIES WE LOOK FOR

  • Strong credit skills and risk judgment and ability to defend rigorously a fact based point of view.

  • Knowledge of EMEA and specific industry sectors (preference to include Oil and Gas and Commodities) and/or Emerging Markets (knowledge of FI and Corporates credit), structuring and documentation.

  • Strong Corporate Finance perspective and drives deal selection, screening and transaction management process.

  • Accomplished negotiator with strong foundation in relative value assessment and risk mitigation techniques.

  • Understanding of credit risk sensitivities in the portfolio and risk drivers of the exposures.

  • Sound product/technical and process knowledge across lending and derivative (FX, rates, commodities and equities) products.

  • Ensuring that the portfolio and credit management process are at all times rated "satisfactory" by internal auditors, the Credit Review group and external Regulators.

  • Effective interpersonal and communication skills with ability to resolve issues in a professional and timely manner.

  • Acting as an agent of change/improvement, influencing corporate policy/procedure and projecting a positive strategic vision.

  • Commercial mindset to support value added discussions with the clients and Relationship Managers

SKILLS  WE LOOK FOR

  • Extensive credit risk experience (minimum 6 years) at a major international financial institution, analyzing, assessing companies in different sectors and structuring transactions

  • Fluency in use of all Microsoft Office applications, particularly Excel

  • Knowledge of EMEA and specific industry sectors (preference to include Oil and Gas and Commodities) and/or Emerging Markets (knowledge of FI and Corporates credit), structuring and documentation.

  • Effective interpersonal and communication skills with ability to resolve issues in a professional and timely manner working in a team.

  • Strong organizational skills with ability to prioritize and work under pressure to ensure to meet deadlines.

  • Keen interest in macroeconomic and geopolitical issues

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Learn more about this role

Full time

JR-21030630

Band: H5

Manages People:

Manager:

Talent Acquisition Contact:

Alex Smith

Referral Bonus:

0