Corporate Credit Analyst - Bank

Corporate Credit Analyst

To lead and manage a sector team to ensure that credit risk tactics align to Bank risk management frameworks to contribute to portfolio growth, sustainability and compliance

PURPOSE: To assess, review and monitor counterparty credit risk in alignment with the relevant Credit risk management frameworks to enable risk mitigation

TYPICAL TASKS:

Macro - environment:

- Ensure the analysis, identification and mitigation of counterparty and deal risk through awareness of environmental factors

- Understand and keep abreast of the critical key macro environmental impacts and inter-relationships e.g. jurisdictional compliance, sector developments, regulations, financial markets, country risk to analyse and identify counterparty and deal risk profile and mitigation opportunities and threats

- Understand the critical micro-environmental impacts and relationships e.g. company performance trends, financial data, debt profile, gearing, projected cash flows, operations to identify and apply risk management mitigation tactics

Business alignment:

- Understand the business value proposition to ensure that service to business is bespoke and relevant to the context

- Demonstrate a practical understanding of the business - understand business fundamentals and is aware of key cost and revenue drivers in the Corporate and Investment Banking market.

- Understand the range of product and service offerings provided by the Business Units, understand product differentiators, as well as key revenue generators to ensure that service to business is bespoke and relevant to the context

- Establish and service relationships with business partners to improve the effective and efficient execution of credit objectives in line with business requirements

Data analytics:

- Rely on enabling technologies to establish the objective value of counterparty and sector risk profiling

- Rely on relevant data to build risk models that are integrated and future focused in order to establish the objective value of counterparty and sector risk profiling

Credit review and analysis:

- Ensure the preparation of new and annual credit reviews/ ratings and deal transactions for assigned counterparties and monitor assigned counterparty risk and the associated facilities

- Prepare new and annual credit reviews/ ratings and deal transactions for assigned counterparties and monitor assigned counterparty risk and the associated facilities. This may include:

- Client engagement, application of models and templates, analysis of macro and micro factors to determine the counterparty probability of default

- Perform financial analysis of the counterparty financial statements and make an assessment and conclude on the borrower risk including gearing, capitalisation of the balance sheet and quality of assets

- Perform collateral analysis and recommend loss given defaults (LGDs) using the appropriate frameworks

- Monitor and action compliance to approved facilities i.e. covenants, excess

- Partner with the relevant Review Analyst/Team Lead for counterparty reviews, risk exceptions and approvals of annual credit reviews. This includes preparation and presentation to relevant forums and committees for decision-making eg. Credit Committees, Credit Forums and Deal Conclusion Forums

- Update relevant credit systems with covenants and other monitoring requirements and exception reports

Evaluation:

- Ensure the measurement of portfolio credit management tactics - Assess effectiveness of counterparty credit tactics and stakeholder engagement by measuring changes in client satisfaction (business) and other quality indicators e.g. submissions, deadlines met, time taken to process new requests Coaching and review

- Ensure an environment of knowledge-sharing and collaboration

- Support and enable colleague induction and performance by ensuring an environment of knowledge-sharing, feedback and inclusion

MINIMUM QUALIFICATIONS AND KNOWLEDGE:

Required Qualification - Honours degree (Accounts III) (note was degree)

Preferred Qualification:

- Additional to minimum - CA/CFA

- Other eg. Professional Registrations

Technical Knowledge/ skills and experience In depth understanding and application of:

- Accounting principles/financial statements

- Quantitative and analytical methodologies

- Economics

- Risk management methodologies, tools, governance structures and regulatory requirements (preferable)

- Product knowledge (preferable)