EMEA Financial Institutions Credit Risk Management (“FIG Credit”) is a Credit Risk team within 2LoD Risk
department.
It is responsible for Credit Risk Management inclusive of review and approval for a diverse set of FI
counterparties including but not limited to banks, insurance companies, leveraged and unleveraged funds and
sovereigns within the EMEA region
. The portfolio spans developed and emerging markets clients and across a range of
borrowing, trade finance and trading products as well as non-recourse structures, securities inventory and country risk.
FIG Credit is entity agnostic and responsible for 2LoD Credit Risk Management for the bank
Primary responsibilities for FIG Credit includes:
• Support 1LoD by developing risk and counterparty frameworks that promotes the companies business plan by
balancing commercial and risk considerations.
• Ensure that Credit Risk frameworks and appetite are well communicated across the bank and in line with Chief
Credit Office’s and Chief Risk Officer’s expectations and understandings.
• Credit Risk onboarding of new counterparties and periodic review of existing counterparties inclusive of limit
setting and rating assessment.
• Provide Credit Risk approvals of annual reviews and ad-hoc transactions within delegated credit authority.
• Review of Credit Risk terms in legal documentation across loan and trading products.
• Monitor, review and take actions Credit Risk exposure to ensure it remains within appetite and that breaches
are acted upon.
• Monitor, review and communicate counterparty, industry and market developments that are relevant to the
portfolio.
• Participate in projects to enhance Credit Risk systems and measures or to address audit / self-identified issues.
Actively participate in international projects with stakeholders across the globe
NUMBER OF DIRECT REPORTS
• 2-3 direct reports
MAIN PURPOSE OF THE ROLE
• Reporting to Head of FIG Credit EMEA, the candidate will support in delivering efficient and proactive Credit
Risk Management falling within the responsibility of FIG Credit on behalf of the Chief Credit Officer EMEA;
Chief Risk Office EMEA and International Chief Risk Officer
• The candidate will be acting as a senior credit approver with material delegated credit authority on an entity
agnostic basis across the bank and across all counterparty types and products. This will include the ability
to make swift decisions on time sensitive trading enquiries.
• The role will have a specific focus on growth areas for inclusive of structured financing solutions for
financial sponsors, insurance companies and banks/non-bank lenders inclusive of portfolio financing against
private credit loans; listed/unlisted equity margin loans and repo/TRS transactions on less liquid assets. The
candidate is expected to drive the development of risk frameworks, risk measures and coordinate rating
enhancements relating to these products.
• Proactively review, recommend and implement changes to credit risk processes, measurements and procedures in
line with developments of the business plan, governance and regulatory expectations.
• Support Head of FIG Credit EMEA in developing an organisational structure that supports the business plan and
the FIG strategy. Ensure that direct reports are motivated and any experience gaps are addressed and that
succession planning is up-to-date.
• Work for increased collaboration across FIG teams in different regions and with the FI Credit Office in Tokyo.
• Support Head of FIG Credit EMEA by acting as deputy for risk committees, interaction with regulators and
coverage when Head of FIG Credit EMEA is absent.
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