Location
City of London, Greater London | United Kingdom
Job description
- Preparation of credit applications for new and existing clients and deliver high-quality credit assessments including analysis and interpretation of financial statements to enable credit approval authorities to make informed decisions.
- Attendance at Credit Committee and ensuring that questions raised are properly addressed and meeting minutes correctly capture discussions and decisions made.
- Performing internal credit ratings utilising the Bank's rating system (Moody's RiskCalc) and expected credit loss (ECL) calculations in line with the Credit Policy and Procedures, and IFRS9 guidelines.
- Maintenance of good working relationships with relevant stakeholders and participation in client meetings/calls/visits and transaction/client-related discussions as required.
- Monitoring of market, regulatory, macro-economic and political developments, as well as assessment of their impact on the portfolio credit quality, ensuring adequate precautions are in place to minimise the Bank's credit risk.
- Preparation of scheduled and ad hoc credit reports covering exposures and credit risk developments in line with internal procedures.
- Ensuring effective credit administration, covering credit file maintenance, monitoring of credit limits, timely completion of annual credit reviews, reviewing documentation, and aiding fulfilment of terms & conditions, and any instructions set by credit committees and senior management.
- Participation in audit preparations and addressing audit queries in a timely manner.
- Assisting in the identification of opportunities to improve credit processes and controls to achieve operational efficiency.
- Providing back-up for colleagues in the team to ensure goals and objectives are met.
- Participation in Credit projects and initiatives and assisting with any other duties as assigned by the Head of Credit Risk.
Job tags
Salary
£55k - £65k per annum
