One of the largest investment banks in London are seeking a VP Credit Risk Manager with experience covering Insurance portfolios, Financial Institutions or Non-Banking Financial Institutions to lead the insurance team across the credit risk space. You will be expected to work effectively with the front office and senior management across the bank.
Responsibilities:
- Review ratings and credit proposals of Financial Institutions (FI), Insurance companies, Non-Banking Financial Institutions (NBFI's), sovereign and supranationals
- Prepare Credit Proposals and carryout a detailed analysis of new and existing Non-Banking Financial Institutions (NBFIs) counterparties for the bank.
- Critically review transactional activities from front office, providing both recommendations and improvements.
- Responsible for monitoring your own portfolio of the bank and ensure any changes are actioned in a timely manner.
- You will be expected to work alongside both the front office, risk and senior management teams effectively.
- Daily monitoring and validation of the banks portfolios, ensuring the mitigation of risk and the minimization of credit cost.
- Ensure all risk model(s) align with the set regulatory requirements as well as policies set by the bank.
- Responsible for communicating to both technical/non-technical audiences and collaborate with multiple functions across the bank (incl. FIG Credit, EMEA Risk Management and Global functions across the bank).
Qualifications:
- A PhD or Masters in Mathematics, Physics, Statistics, Engineering or an equivalent in other science disciplines.
- 7 years' experience in Credit Risk with a focus on FI or NBFI Credit Analysis (with an insurance focus)
- Experience working within the EMEA.
- Strong knowledge and understanding of products covering corporate lending, trade finance and derivatives.
- Proven experience working with legal documentation, key credit clauses and knowledge of the regulatory framework.
- Ability to work in a pressurized environment, handling large workloads and ensuring set deadlines are met.
- Excellent Microsoft Office knowledge and skills.