Job Description
The Corporate Credit Team is responsible for providing management and analytical support for the Bank's activities in its Global Market Commodities business area and implementing the Bank's credit procedures and policies, including approval of credit limits. It is also responsible for managing a portfolio of structured financing credit risks associated with the Bank's strategic lending transactions and related investing activities, with the primary objective of managing risk within acceptable parameters.
This position will have a primary focus on the Bank's energy related counterparty portfolio, for both financing and derivatives products.
What you'll be doing
Evaluation and Approval of Credit Applications:
What you'll need to be successful
The Corporate Credit Team is responsible for providing management and analytical support for the Bank's activities in its Global Market Commodities business area and implementing the Bank's credit procedures and policies, including approval of credit limits. It is also responsible for managing a portfolio of structured financing credit risks associated with the Bank's strategic lending transactions and related investing activities, with the primary objective of managing risk within acceptable parameters.
This position will have a primary focus on the Bank's energy related counterparty portfolio, for both financing and derivatives products.
What you'll be doing
Evaluation and Approval of Credit Applications:
- Ownership and understanding of the risk profile of a commodities related counterparty credit portfolio.
- Formulation and evaluation of credit proposals, with a comprehensive risk assessment for new or increased facilities, in addition to annual reviews on the existing portfolio. Undertake quantitative and qualitative financial analysis to develop a comprehensive understanding of counterparty and structural risks.
- Provide support to senior Credit management in all aspects.
- Close working relationship and engagement with Deal Teams.
- Prepare and present applications to Credit Committee and other Risk forums involving Senior Management.
- Articulate credit appetite and give guidance on structure of deals and documents required to mitigate risks as far as possible.
- Coordinate and ensure that post-approval implementation of facilities and legal documentation is in accordance with the conditions of sanction.
- Follow up and address non-adherence to terms and conditions of sanction by counterparties; to consider the inherent risk therein and to make recommendations as to action to be taken to regularise or mitigate such increased risk.
- Participate in ad-hoc projects and portfolio reviews as required from time to time.
- On-going Credit Management:
- Leadership
What you'll need to be successful
- Experience in writing credit applications and analysing transactions within the credit risk department of a Financial Institution.
- Good understanding of accounting (both management and financial accounting) to analyse financial strengths and weaknesses of clients and identify potential risks to credit proposals.
- Good understanding of lending and derivative products related to the Energy sector, including ability to analyse and interpret cash-flow models and conduct sensitivity analysis. Experience in the renewables sector or an interest and willingness to develop this.
- Ability to understand structured deals and provide guidance to ensure sound security / covenant structures are in place.
- Ability to interact with Front Office providing credit support to Deal Teams and Sales Teams.
- Experience of engaging with clients to discuss transaction terms and related credit risks.
- Working knowledge of the risk systems for monitoring and related procedures for analysing the account behaviour of clients and identifying trends and shifts in credit risk profiles.
- Conceptual and practical knowledge of credit procedures, policies and standards.
- A track record of operating with a personal delegated approval authority.
