Our client, a City-based Commercial Bank is seeking a Credit Analyst or Senior Credit Analyst to join the Non-Bank Financial Institutional (NBFI) Credit Risk Team.
Principal Purpose of the Job:
- Minimise the Bank’s credit-related losses by identifying and reasonably measuring the credit risks and mitigants in proposals, reviews etc.
- Make clear and unambiguous recommendations to Credit Committee, in accordance with the Bank’s credit policies, regarding the acceptability of particular business deals from a credit perspective whilst simultaneously maintaining an independent and objective view within the credit process.
- Effectively monitoring, identifying and reasonably measuring credit risk within the Bank’s asset portfolio.
Main Responsibilities & Accountabilities:
- Provide effective challenges as well as guidance to the proposals from Front Office; Draft and present credit opinions to Credit Committee, by maintaining an objective and independent view within the credit process, in accordance with the Bank’s credit policies.
- Provide credit evaluation report for various credit products which provides overview of transactions, financial and non-financial risk analysis, key risks identified with the associated mitigation if any as well as credit recommendation (including suggested credit enhancement as well as management conditions). Assisting with the implementation of credit risk appetite, credit policies and procedures and management processes once they are established. Make sure the credit transactions are compliant with credit policies.
- Provide Head of Credit Risk Department (CRD) as well as credit committee with the professional risk analysis and appropriate risk mitigation measure in a timely manner.
- Conduct post lending management work including but not limited to 1) monitor the credit ceilings and credit exposures carefully to ensure loan performing well with all covenants well maintained, 2) monitor the financial performance of the borrower regularly associated with market and industry dynamics, 3) monitor the conditions subsequent and ensure all conditions are met at any time through the loan life.
- Proactively adopt the principles of the Bank's Global Credit policy, ensuring that all proposals and reviews conform to the agreed procedures. Regarding the Global Credit Management System (“GCMS”), liaise where necessary with Front Office, Credit Administration, Treasury and other Bank's Group entities, in order to utilise GCMS as part of the credit process.
- Perform credit review and research of industry / customer-related information for all new proposals and (on at least an annual basis) for existing customers.
- Achieve timely turnaround of credit proposals and reviews, in accordance with pre-agreed Departmental objectives.
- Proactively monitor industry and sector trends as well as counterparty risks for early warning signals.
- Coordinate with the Head/Deputy Head of Credit Risk, Credit Administration, and Relationship Managers in connection with credit proposals / modifications / annual reviews and clients’ financial performance monitoring.
- Post-lending management, including (but not restricted to):- assisting Credit Administration in “four-eyes” checking of facility documentation; asset quality categorisation; covenants monitoring; ensuring that terms and conditions of approval are actioned by the appropriate departments in accordance with agreed deadlines.
- Assist the Head/Deputy Head of Credit Risk on departmental related.
- Other functions and tasks as maybe required to assist the Head/Deputy Head of Credit Risk.
Skills Required:
1) Possesses a minimum of 5-10 years' work experience in Non-Bank Financial Institution credit review area.
2) In-depth knowledge and deep understanding of risks and mitigations across different industries, countries and clients’ type. Business and economy related know-how, and excellent financial analysis, projection and stress test skills.
3) Exceptional analytical and negotiation skills and dedicated problem solver with a positive personality and can-do attitude.
4) Collaborative personality and ability to complete tasks independently.