Contract: 6 months
Location: London (Hybrid)
Sector: Investment Banking
We are seeking an experienced Director‑level Securitisation Risk Officer (SRO) to join the Risk function of a leading investment bank on a 6‑month contract. This is a senior, hands‑on role with accountability for end‑to‑end risk assessment, transaction approval, and portfolio oversight across complex securitisation activities.
As a senior member of the Risk function, the SRO will be responsible for undertaking holistic credit and risk assessments of securitisation transactions across all relevant dimensions, including:
- Credit, market, counterparty, funding and liquidity risk
- Structural, operational, reputational, jurisdictional and ESG/CSR risks
- Regulatory capital compliance, internal ratings (IR), global recovery rates (GRR)
- Stress testing, profitability analysis and alignment with risk appetite
Key responsibilities include:
- Producing clear, well‑reasoned written Risk Opinions at transaction inception, annual review, and on an ad‑hoc basis (including new products, activities or envelopes)
- Participating in client due diligence visits (originators, sellers, servicers) and producing DD reports
- Representing Risk at credit committees, transaction approval committees and new activity forums, presenting Risk Opinions and recommendations
- Managing the full credit approval process, including committee minutes, recording approved capital parameters and limits, and timely dissemination of decisions
- Escalating adverse risk developments at transaction or portfolio level to senior management
- Undertaking portfolio reviews and ongoing portfolio risk management across defined asset classes or desks
Stakeholder & Strategic Engagement
- Maintain strong, autonomous working relationships with front‑office Business Lines and key internal stakeholders
- Act as a senior Risk partner, identifying constructive structuring solutions that enable otherwise challenging transactions to proceed within risk appetite
- Engage regularly with Legal, Compliance, Finance, Tax, Operations, IT and other Risk teams
Additional Director‑Level Responsibilities
- Drive process improvement initiatives across securitisation risk, challenging the status quo and improving efficiency and controls
- Contribute to data quality and operational risk oversight, ensuring accuracy of key risk parameters and escalation of operational incidents
- Support development of portfolio monitoring capabilities, including:
- Identification of emerging sectoral, product or geographic risks
- Watch listing and concentration analysis
- Securitisation portfolio reviews and periodic risk reporting
Required Experience & Expertise
- Extensive securitisation risk assessment experience gained at large international banks (essential); Rating Agency experience preferred
- Broad expertise across securitised products including ABS, RMBS, CMBS, CLOs, warehouse financing, securitisation swaps and derivatives
- Strong exposure to multiple asset classes (e.g. consumer, mortgages, CRE, auto, NPLs, leveraged loans), with depth in at least three
- Proven capability managing multiple live transactions concurrently, end‑to‑end
- Strong experience reviewing term sheets, loan documentation, covenants, and corporate financial statements
- Deep understanding of regulatory capital regimes and Rating Agency criteria and methodologies for securitisations
- Hands‑on experience interrogating and challenging stress testing models
- Familiarity with alternative financing structures including repo and collateral exchange
- Strong judgement, critical thinking and decision‑making under pressure
- Confident negotiating with senior front‑office stakeholders
- High ethical standards and strong sense of ownership and accountability
- Excellent communication and relationship‑building skills across multiple stakeholders
- Self‑starter mindset with a focus on innovation and continuous improvement
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