ï»¿Credit Risk assesses, permissions, and manages credit and counterparty risks on an industry, client, geographic, and transaction basis. Credit risk is the risk of loss arising from the default of a client or counterparty. Credit exposure arises through underwriting, lending, and trading activities with and for clients and counterparties, as well as from a range of operating services such as cash management and clearing activities.
The Credit Risk function identifies, measures, limits, manages and monitors credit risk across our businesses. The teams are typically aligned by industry.
Job Summary and Responsibilities An Associate in the Real Estate & Structured Finance Team's primary responsibilities are:
Structuring, negotiating and documenting new transactions including secured and unsecured syndicated loans, bilateral loans, Real Estate backed (or Real Estate linked) and Asset Backed loans/warehouses, and complex derivatives
Facilitating flow business by establishing documentation and maintaining limits for trade finance and derivatives (eg interest rate swaps, FX, Repos, commodities).
Supporting senior team members in due diligences, undertaking credit analysis and modelling of transactions, in order to assess the credit worthiness of counterparties and make recommendations as to appropriate structure, risk appetite and risk grading.
Ongoing credit risk portfolio management including ongoing monitoring of performance, analysis of amendment and waiver requests
Ongoing credit relationship management of portfolio companies
Oversees analyst work on key metrics to ensure all issues have been solved or escalated in a timely manner. Provide guidance and feedback on their work, especially around how to improve efficiency
Coach and train junior members of the team to think holistically about risk
Qualifications & Experience
The following specific skills and experience are required to perform the role:
Demonstrate strong credit skills and judgment, with an intensive 'hands on' approach to analysing the details of credit and structure
Have a basic knowledge of transaction structures, documentation and banking products sufficient to assist with (or sometimes lead) the execution of new deals and amendments.
Experience in structuring and executing loan financing in the real estate sector as well as new securitizations is an advantage.
Strong interpersonal skills. Be able to establish credibility and trust with clients, product specialists and credit executives, and to partner with them effectively
Strong analytical and numerical skills
Strong communication skill: ability to convey thoughts clearly and succinctly and to communicate pertinent complex information in a clear and organized manner.
Ability to think laterally around risk, particularly outside of credit risk
Self-motivated with the ability to work independently while also being able to work effectively in a team environment. Desire and willingness to take ownership of various credit risk responsibilities.
Relevant experience carrying out a similar position/function in a comparable environment
English fluency essential, French fluency desirable