Corporates / FI Credit Risk Manager

About The Role

Role Purpose

Supporting the Deputy Head of Risk to manage the Branch’s credit portfolio, including risk identification and post-approval monitoring for the portfolio.

Key Responsibilities (but not limited to):

- To provide independent, high-quality credit risk monitoring for corporate, financial institution, and sovereign counterparties, issuers, and clients.
- To monitor the health of the portfolio both from HO requirements as well as industry best practices perspectives.
- To check and coordinate with the RMs that all credit facility parameters are recorded accurately in the Bank’s systems.
- Stage-wise monitoring of loan disbursements and associated compliance of terms and conditions/Conditions precedent.
- Regular monitoring of financial covenants and other monitoring conditions.
- To monitor the timely review of ratings and annual/ad-hoc reviews and follow up with the first line to ensure compliance.
- To ensure that all credit assets in the Branch are classified in line with the Bank’s Asset Classification Policy.
- To ensure that credit limit breaches/KRIs are reported in accordance with policy.
- To assist the Deputy Head of Risk in ensuring that all credit risks in the Bank are monitored and controlled effectively, and that the Bank establishes and maintains appropriate credit risk management controls, systems, policies, and procedures.
- To monitor news and other market information that indicate material changes in the assessment of the Bank’s credit risks, and to inform the Deputy Head of Risk, Senior Management, and the relevant Business Areas.
- Perform administrative duties as Secretary of the Branch Credit Committee.
- To provide support, advice, and assistance to all Business Areas on all credit-related matters.
- To ensure all Credit related policies and procedures are updated and fit for purpose.
- Ensure they are familiar with the appropriate documented procedures applicable to their work.
- Reporting and escalating material risk events, including conduct risk events and conflicts of interest, or losses to the Deputy Head of Risk.
- Ensuring familiarity with the department’s detailed plans.
- Ensuring transactions arranged are in accordance with the Tax Risk Policy and are documented in accordance with the Legal Policy and any applicable departmental procedures.
- Ensuring managing the use of IT systems and of data, particularly personal data, in accordance with the IT Security Policy and the Data Protection Policy and any applicable departmental procedures.
- Ensuring the timely completion of training required by the Bank.
- To ensure policy and processes meet legal and regulatory requirements, identify opportunities to improve the framework, and collaborate with the First Line of Defence to implement and embed changes.
- Ad-hoc tasks assigned by the line manager.

Skills, Experience, and Qualifications

- Educated to degree and/or appropriate professional qualification level.
- Strong experience in managing credit risks of all types and experience of implementing credit risk management frameworks.
- A good understanding of a broad range of wholesale banking and treasury products and a strong understanding of the sources of credit risk in such products.
- A good understanding of the UK regulatory framework.
- Excellent communication skills, both written and verbal, in English. Skills in Mandarin would be an advantage.
- Good team skills, in particular the ability to work closely with the Business Areas whilst maintaining independence.
- A desire to take responsibility, show initiative, and make decisions.
- An ability to work under pressure.
- An eye for detail.
- Strong problem-solving skills.