Credit Risk AVP - Contract - Banking - London

You will look at annual reviews, legal documentation and transactions and closely monitor a portfolio of counterparties focusing on deteriorating credit quality and limit breaches. Positive and proactive cooperation, discussion and assistance to different business areas, operating functions and senior executives in EMEA and Internationally is required.

Key Responsibilities:

• Reviewing transaction material and front office analysis, challenging assumptions and conclusions if necessary. Oversee the annual review of existing limits and counterparties as a senior credit risk manager.
• Providing creative solutions: Influencing transaction structures and credit risk related terms/conditions when required.
• Providing a good visibility of the portfolio through reporting and presentation to key stakeholders and committees.
• Collaborating with Credit Risk Analytic Group to ensure credit risk can be modelled and measured correctly.
• Determining counterparty level internal ratings and recommending risk appetite.
• Presenting large transactions to senior management (including the Chief Credit Risk Officer) for discussion and approval. Analyse and present complex structures and make recommendations to senior Risk management staff, in a concise and clear manner.
• Transactional and other trading documentation: Set credit risk related terms in trading documentation to mitigate credit risk and ensure transactions perform as expected. This will involve close liaison with our Legal department, GCP, and client or their lawyers, as appropriate.
• Monitor that transactions of the delegated responsibility perform within the terms of the credit approval. Assess portfolio level risks.