Our client, an international banking group, is well known for providing their services to the full breadth of the business sector. Their UK office is based within the SW London. They are looking for a Non Flow Risk Manager to join their growing team.
You will be responsible for the expert evaluation and underwriting of all business channels, in line with agreed domestic and central risk policies, individual and domestic discretions. Responsible for maintaining and promoting good governance, credit processes and agreed service levels for all business origination, approvals, collateral, and restructuring.
Not only will you be joining a very successful growing team you also will receive the below.
Non contributary pension 13.8% of salary.
26 days holiday
Annual bonus of 15%
Hybrid working, 3 days at home
9am- 5pm Monday- Friday
Duties include:
- Analyse credit data and financial statements to determine the degree of risk involved in extending credit in all business channels for predominantly mid-ticket transactions, as well as supporting sales-aid leasing/flow business where and when required
- Interpret and evaluate internal and external credit reference agency, broker and market reports to determine the degree of risk involved in extending credit. Confer, consult and undertake due diligence meetings with both internal and external credit associations and other business/customer representatives to clarify credit/collections information as and where necessary
- Generate and evaluate financial ratios, using internal credit tools, to evaluate customers' financial status
- Interpret and evaluate collateral curve analysis, in line with market, sector, and portfolio considerations to determine the degree of risk involved in extending credit
- Prepare domestic and external risk reports that include the degree of risk involved in extending credit for all mid-ticket business channel transactions with clear, concise and rational recommendations for the credit decision
- Exercise a personal sanctioning authority with diligence and care and preparing recommendations for those transactions outside of the personal sanctioning authority.
- Maintain compliance with all leading industry guidelines and statutory regulations including consumer credit, treating customers fairly, anti-money laundering and data protection
- Review existing transactions periodically to include the evaluation of payment history, purchase activity, collateral curve analysis, market/broker intelligence and prepare recommendations for the renewal of internal credit ratings/facilities
- Ensure that all transactions presented to risk for pay-out meet the appropriate credit sanction and credit limit issued and that all documentation in respect of specific risk caveats has been provided and properly executed
- Provide guidance and instructions to front office for efficient and productive risk identification, analysis, assessment, and presentation
- Participate in ongoing personal development to deliver on business/personal objectives
Ideal candidate:
- Hold a mandate
- Have a minimum of 3-5 years of credit experience, must have experience analysing and interpreting financial statements/data from a variety of industries and commercial backgrounds
- Possess of excellent analytical skills tempered with a sense of commerciality and business focus
- Possess of a good knowledge of the asset finance industry and the various product offerings and types of funding facilities available
- Ability to competently and confidently analyse unsecured & secured transactions in the mid-ticket sector
- Good experience in Risk assessment of structured lending and cash flow lending based transactions
Please note:
As you can appreciate we are currently overwhelmed with applications of individuals looking for both short term and permanent work and we can therefore only contact those applications that have relevant skills for positions that we currently have available. Should you not hear from us within a week, please assume you have been unsuccessful on this occasion.
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