VP - Credit Review - Global Banking Group - Competitive Salary + Bonus + Benefits - London (with hyb

Recruiter
LH Partners
Location
London, United Kingdom
Salary
Competitive Salary + Bonus + Benefits
Posted
15 Nov 2022
Closes
15 Dec 2022
Ref
17329011
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Role Purpose:
  1. The Credit Review department are asked to provide reasonable assurance regarding the accuracy of the Obligor and Facility grades as well as the Borrower's Category which are assigned to the Bank's credit related Obligors. These are proposed by Front Office (FO) departments and approved mainly by Credit Department (CD).
  2. Credit Review department activities include Continuous Review, On-site Review, Branch Credit Review, Self-Assessment (SA) Classification Review and Discounted Cash Flow (DCF) Reviews.

Search Criteria:
  1. Min. 4-5 years in a Credit Analysis, Credit Review or Credit Sanctioning role (where the role involves rating and grading Corporate clients and companies from a credit perspective, rather than approving lending decisions). Candidates must understanding how the rating process works
  2. Work experience from a corporate/commerical banking environment or a ratings agency.
  3. A clear understanding of the current credit risk environment and market trends is essential.
  4. Knowledge of Leveraged Finance is highly desirable.
  5. Good communication and excellent written skills, specifically concise writing, are essential to efficiently complete reviews, prepare reports / document findings and communicate with key stakeholders and management.
  6. High level of IT literacy.
  7. Degree level education &/or relevant professional qualifications.

Responsibilities include but not limited to:
  • Review assigned credit applications to ensure accuracy of the Obligor and Facility Grades as well as Borrower's Category (if applicable).
  • Discuss issues found with Team Leader in order to then communicate with Front Office person in charge in relation to questions / clarifications required.
  • Discuss and agree with Team Leader any recommendations that need to be raised.
  • Submit reviews, draft recommendations and other findings for approval.
  • Undertake the follow-up and closure of any recommendations raised.
  • Complete any other ad-hoc tasks assigned by Team Leader including Self-Assessment Classification Review or DCF Review.
  • Deputise for Team Leader in 1) attending Special Credits Review (SCR) meetings as observer, 2) arranging and chairing periodic meetings with stakeholders.
  • Assist Team Leader in completing planning of On-site and Branch Credit Reviews planned.