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Sekhar Babu Dammalapati

Talent Acquisition Team at Barclays

Last Login: 19 July 2018

Job Views:  
7064
Applications:  625
Recruiter Actions:  168

Job Code

535131

Barclays - Assistant Manager - Credit Analysis

4 - 8 Years.Chennai
Posted 6 years ago
Posted 6 years ago

Job Title : Assistant Manager

Corporate Grade : BA4

Reports to (Line Manager's Job Title) : Assistant Vice President

Direct Reports (if applicable) : No

Business Area : Credit Analysis

Department/Function Level 1 : Lending Operations

Department/Function Level 2 : Credit Analysis

Primary Location : Chennai

Role Profile : Attestation

About Barclays :

- Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US. Our goal is to become the bank of choice by providing superior services to customers and clients and supporting our stakeholders via a commercially successful business that generates long-term sustainable returns.

- Our two clearly defined divisions, Barclays UK and Barclays International, provide diversification by business line, geography, and customer, enhancing financial resilience and helping to contribute to the delivery of consistent returns through the business cycle. We have a strong core business with exciting prospects, well positioned to deliver long-term value for our shareholders.

- Consistent with the objective of delivering long-term sustainable value for all our stakeholders, we have developed our Shared Growth Ambition - our approach to citizenship and the sustainability of the business model we operate. The aim is to make decisions and do business that provides our clients and customers, and the communities which we serve, with access to a prosperous future.

- The delivery of our strategy is underpinned by the energy, commitment, and passion of our people, and we are clear on our common purpose: to help people achieve their ambitions, in the right way.

About Lending Operations :

- Lending Operations is part of Corporate Banking Operations and is made up of; Fulfilment, Collateral Management, Debt Service and Monitoring & Control and Credit Analysis, Account Servicing, Lending Resolution and Strategy & Operational Readiness.

- Credit analysis writes credit reports for clients- new and renewed financing needs and reports on any material factors to Risk Sanction Units.

- The team provides credit analysis service support to Front Line Origination with the handoff to the Bank's Risk Sanction Units (RSU) (Second Line of Defence) to risk assess and approve credit facilities for the client for all LC and SME clients with turnover greater than - 5m requiring risk limits.

- The responsibility of the team is for the writing of credit reports focussed on the analysis of the clients- business, incorporating the financial and structural risks inherent in providing a range of financing and settlement products and the ongoing analysis of the business performance of our corporate banking client base across all industry sectors.

The service provision is performed on behalf of the Front Line for review and approval by RSUs in the following circumstances :

- New funding requests for existing and new clients

- Refinancing requests for existing clients

- Annual reviews for existing clients

- On-going analysis of client performance and reporting on any material factors to Risk Sanction Units

Overall purpose of role :

- A member of Corporate banking team responsible for supporting nominated RDs who are developing and maintaining relationships with a portfolio of Large/Mid Corporate customers.

- Provide high-quality financial analysis support to RDs, acting as an interface with other areas of Barclays Corporate and undertaking the monitoring of customers financials.

- Analytical Specialist dealing with a range of financial information for a number of corporate clients which may span across various industries.

- Responsible for reviewing and agreeing with the Monitoring and Control elements of complex Facility Letter documentation.

- Working in partnership with the Credit Writing and Post Sanction Case managers, Coverage team, servicing team and other specialists to ensure that we provide a joined-up service to our customers at all times.

- Own the day-to-day credit relationship for a nominated portfolio of customers;

- Use Zeus to analyze historic and projected financial information to identify key issues and monitor compliance with covenants and terms prior to discussing with Relationship Director.

- Create Zeus credit applications on behalf of RDs (applying judgmental input) and collate paper attachments

- Responsible for collating and managing customer produced financial information and input on Zeus or coordinate input by audited accounts team

- Populate Zeus with annual reports & supplementary credit information for target accounts. Use expertise and judgment to make recommendations to the RD regarding credit issues for these customers.

- Use knowledge of risk procedures and complex security to make recommendations to RD on protecting the Group from losses and managing high-value facility risk

- Take ownership of urgent credit related matters such as dealing with court orders and Companies House notifications

- Provide technical input and undertake research for Relationship Director in connection with proposed security and liaise with BLSC to arrange preparation and execution of security documentation.

- Provide technical input to RD re proposed business opportunities and available security

- Co-ordinate the transfer of accounts to the Debt Recovery Unit (DRU) and assist the RD/Business Support team and others with the recovery procedures for non-DRU accounts;

- Instruct the PSF team to make all the limit/security/facility structure/other changes approved by sanction team and ensure that the information submitted to PSF team is complete in all aspects as per Risk approvals.

- Champion topics in your team to assist with learning and development of your fellow colleagues.

- Responsible for handling post-sanction related activities (like LOC submission / DI case) for self and /or the entire team.

- Contribute to an environment of mutual support by sharing knowledge with other team members, mentor new joiners and junior colleagues in the team.

Key Accountabilities :

- Own the day-to-day credit relationship for a nominated portfolio of customers;

- Use Zeus to analyze historical and projected financial information to identify key issues and monitor compliance with covenants and terms prior to discussing with Relationship Director.

- Create Zeus credit applications on behalf of RDs (applying judgmental input) and collate paper attachments

- Responsible for collating and managing customer produced financial information and input on Zeus or coordinate input by audited accounts team

- Populate Zeus with annual reports & supplementary credit information for target accounts. Use expertise and judgment to make recommendations to the RD regarding credit issues for these customers.

- Use knowledge of risk procedures and complex security to make recommendations to RD on protecting the Group from losses and managing high-value facility risk

- Take ownership of urgent credit related matters such as dealing with court orders and Companies House notifications

- Provide technical input and undertake research for Relationship Director in connection with proposed security and liaise with BLSC to arrange preparation and execution of security documentation.

- Provide technical input to RD re proposed business opportunities and available security

- Co-ordinate the transfer of accounts to the Debt Recovery Unit (DRU) and assist the RD/Business Support team and others with the recovery procedures for non-DRU accounts;

- Instruct the PSF team to make all the limit/security/facility structure/other changes approved by sanction team and ensure that the information submitted to PSF team is complete in all aspects as per Risk approvals.

- Champion topics in your team to assist with learning and development of your fellow colleagues.

- Responsible for handling post-sanction related activities (like LOC submission / DI case) for self and /or the entire team.

- Contribute to the environment of mutual support by sharing knowledge with other team members, mentor new joiners and junior colleagues in the team.

- Undertake and adhere to all compliance regulations applicable to your role

Stakeholder Management and Leadership :

- To actively coordinate with the coverage team (RD/RSM) on a routine basis to ensure timely completion of credit reports and other activities.

- Co-ordinate the interface with Risk for the nominated portfolio of customers.

- Act as liaison for risk management information purposes with RSMs, accountants, solicitors and other relevant people.

- Act as liaison for risk management information purposes with RSMs, accountants, solicitors and other relevant people.

- Occasional customer interaction to discuss lending proposals in detail, making recommendations as appropriate.

Decision-making and Problem Solving :

The role requires a high level of analytical and problem-solving skills. Candidate should have an analytical bend of mind and a good understanding of financial statements. He/she should also be well versed in the corporate banking products and should be aware of the latest updates in the industry.

Risk and Control Objective :

All Barclays- colleagues have to ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise-Wide Risk Management Framework and internal Barclays Policies and Policy Standards

Person Specification

- CA or CFA or FRM or MBA (any discipline)

- Prior experience in corporate credit analysis in a global bank.

- Strong financial statements analysis skills

- Knowledge of UK GAAP and IFRS

- Strong ability to analyze management information, unaudited and audited accounts

- Knowledge of corporate banking products and exposure to core banking systems/applications

- A good knowledge of Risk management (account opening, health, and safety, fraud prevention, money laundering)

- Awareness of legislation affecting the Bank and customers (including the Data Protection Act, Companies Act, Insolvency Act, Financial Services Act, Money Laundering and confidentiality regulations, Sarbanes Oxley and Basel).

The Benefits : Our customers deserve the best. The same goes for our employees. That's why at Barclays you'll receive a range of benefits that include a competitive salary and all the tools, technology and support you need to succeed.

Our Culture : Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence, and Stewardship. The values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our employees. Simply put, success is not just about what you achieve, but about how you achieve it.

- Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager.

- Barclays is an equal opportunity employer and is opposed to discrimination on any grounds. For more detailed information, please visit our dedicated Diversity and Inclusion site here.

Purpose and Values :

Barclays has a single cross-business Purpose for Barclays and five core Values which underpin it.

Our Purpose is helping people achieve their ambitions in the right way. Put simply this is the answer to the question - What is Barclays for- and it should guide our every action as employees.

Respect :

We respect and value those we work with and the contribution that they make.

Integrity :

We act fairly, ethically and openly in all we do.

Service :

We put our clients and customers at the center of what we do.

Excellence :

We use our energy, skills, and resources to deliver the best, sustainable results.

Stewardship :

We are passionate about leaving things better than we found them.

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Posted By

user_img

Sekhar Babu Dammalapati

Talent Acquisition Team at Barclays

Last Login: 19 July 2018

Job Views:  
7064
Applications:  625
Recruiter Actions:  168

Job Code

535131

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