Corporate Credit Transaction Management - Associate

Job Summary

• London
• Permanent
• JN -032023-1926979
• Mar 09, 2023
• Competitive

Job Description
Global investment bank seeks an Associate level Corporate Credit analyst as part of its expanding Credit Transaction Management division.

Manage an assigned portfolio of Global Corporate clients. Responsibilities include working with Corporate Banking, and other groups to facilitate and enhance the credit process through efficient and value-add support to partners, including onboarding activities, and execution of new transactions, amendments, waivers and extensions; manage a full range of credit, trading and transactional products; compliant funding; excess management; and annual reviews. Provide prompt attention to client requests Resolve credit issues with various banking units and Group Risk Management as required and provide advice as warranted.

PRIMARY RESPONSIBILITIES

• Ensure timely preparation of (i) transaction requests (which may include but not limited to new credits, restructurings, renewals, waivers, loan documentation review, establishing lines for trading, lending, and cash management, regularizing ETRs, indicative risk ratings); (ii) annual reviews of assigned portfolio and ensuring the data integrity of CCMS.
• Use bank policies/guidelines and judgement to manage daily excesses, over-limit payments in accordance with Delegated Authorities and, managing ongoing credit relationships providing fair, specific and balanced advice.
• Work closely and maintain positive relationships with Corporate Banking, Global Markets, Ratings and Monitoring, Loan Portfolio Management, and with other areas of the bank, notably Group Risk Management, Global Loans Administration, Global Treasury, Global Services, the Global Banking Business Centre back-office support group, and Agency Services.
• For CTM managed accounts (trading only): When applicable, fulfill responsibilities as 'account manager of record' for trading only names and act as the primary point of contact. Responsibilities include timely submission of transaction requests including business head submission and Single Name strategies (as applicable). Submissions should include a recommendation on the credit quality, identification of risks, proposed mitigation as well as identification of relevant standing orders and any exceptions to policies. Manager are also responsible for initiating appropriate documentation negotiation (i.e. ISDA order form) and participating in reviews and coordinating client communication. Managers should have a view on the credit and transaction risks and help identify potential deteriorating risk situations and recommend a course of action in consultation with business partners, R&M, CCR and Group Risk Management (GRM).
• Keep up on policy changes/updates and participate in team deliverables with respect to regulatory/audit priorities.
• Demonstrate a client service mindset while negotiating documentation, booking new credit lines, implementing rigorous reporting requirements, credit surveillance and operationally managing lending portfolio to enable Banking and Trading businesses to drive revenue.
• Completion of ad-hoc projects and other duties (including presenting to key stakeholders) efficiently and effectively in order to support the team meeting planned and unplanned demands. Preparation and reporting of portfolio statistics and other management information reports in a timely and accurate manner (as applicable).
• Employ an efficiency mindset and look for opportunities to increase automation, and /or to create capacity by reduction in low impact work.
• Develop expertise in assigned portfolio, policies and guidelines, and provide value added advice to internal partners.
• Willingly share knowledge and provide guidance to others on the CTM Team, as well as other business partners.

JOB SPECIFICATIONS

§ Academic background with a combination of Master's level accreditation: usually an MBA, CFA, CA, other professional designation or relevant work experience.

§ Strong corporate credit and financial risk analysis and/or accounting skills

§ Ability to prioritize work and manage competing demands.

§ Excellent written and spoken communications abilities

§ Ability to work in an interactive team environment

§ Strong general PC skills and demonstrated capability to learn key internal systems (CCMS, Newton, TMS, CID, DMS, TDS, Fenergo)

§ Ability to strike a balance in putting "Client First" while ensuring that internal standards are maintained and deliverables are provided

Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative.

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