The Risk division encompasses the Credit Risk, Country Risk, Operational Risk, Physical Commodities Risk Assurance, Business Continuity Management and Market Risk disciplines. Credit Risk consists of the rating and analysis, ongoing monitoring and reporting of the credit exposure that the Bank runs.
What you’ll be doing
Apply experience and knowledge of specific industry/product area with a view to minimising the inherent credit risks to the Bank while simultaneously managing these against the rewards implied by the Bank’s activities.
Responsibility for a portfolio of predominately Non-Bank Financial Institutions (NBFIs) clients, with a focus on funds and asset managers, but also including some insurance companies, broker dealers, and bank counterparties too.
Counterparty risk management
- Perform detailed credit analysis of financial information, including published and management reports, financial models, fund newsletters, etc. and appropriate sensitivity scenarios.
- Liaise with clients and potential clients to test and authenticate the information supplied with a view of determining a sound credit opinion of the risks involved.
- Manage the end‑to‑end credit risk process, including liaising with Front Office on credit limit requests, assessing credit risk ratings, analysing credit profiles of the counterparties and evaluating limit requests versus the established counterparty risk appetite, managing credit limit structures.
- Provide input and advice on the credit terms of and support the negotiation of legal documentation, including GMRA and ISDA with CSA.
- Undertake risk analysis on new and existing transactions for customers with a particular focus on global markets, commodities and derivative products, but also including some loans.
- Provide assistance to the Front Office on time‑sensitive ad‑hoc trading requests.
- Apply own Delegated Authority when approving transaction / limit requests.
- Ongoing monitoring of the credit‑worthiness of the portfolio, using a variety of sources as well as ongoing direct contact with clients.
- Maintaining the bank’s database of client, product and industry information to support effective portfolio management.
- Monitoring, management and reporting of customer positions including limit excesses (and if relevant alerting the relevant support functions when trade exposures are incorrectly reported) and the monitoring of non‑payment of/disputed collateral calls and stress testing results.
- Liaise with internal departments – within Credit Risk, as well as with Legal/Documentation, Operations, Compliance, Market/Country Risk, Front Office, Management etc.
Team and Senior Management Support
- Involvement in and oversight of relevant projects and New Product Processes (NPPs) which relate to the credit risk management of relevant Financial Institution clients.
- Supporting team members in their own relationship management efforts where necessary, including by assisting with ad‑hoc credit analysis, performing the secondary credit manager function, etc.
- Provide support to the Head of Financial Institutions Credit Risk, London and the Global Head: Financial Institutions Credit.
What you’ll need to be successful
We’re looking for the following skills and experience.
- Experience of working in a regulated environment, ideally Financial Services would be beneficial
- Proven experience of credit analysis, ideally covering funds/NBFIs
Why should you join us?
ICBC Standard Bank Plc (ICBCS) is a leading financial markets and commodities bank, driven to deliver the right outcomes for our stakeholders, clients, counterparties and markets. We benefit from a unique Chinese and African parentage and an unrivalled global network and expertise. We’re headquartered in London, with operations in Shanghai, Singapore and New York.
We’re a diverse and close-knit global team. We put people first, giving talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise and realise their potential.
Our vison statement, “Be Yourself, Succeed Together” underpins our drive for an open and transparent culture which values difference, enabling everyone to thrive whilst being themselves. We have an active E, D&I forum and we’re growing other employee network groups, including for women and neurodiversity.
We’re committed to the principle of equal opportunities. All applicants will be treated equally and will be considered on their merits and skills without discrimination.
What’s in it for you?
- Financial – market-based pay based on skills and experience, discretionary annual bonus, pension contribution 10% (employee contribution 5%), travel insurance, life assurance and income replacement insurance.
- Hybrid working – the option to work remotely up to two days per week, depending on the role.
- Family – 6 months maternity leave at full pay, 4 weeks paternity leave at full pay and enhanced shared parental leave pay. Coaching for family leave returners and access to emergency care via My Family Care. Paid fertility and miscarriage leave.
- Wellbeing – private medical insurance, Bike2Work scheme, health and fitness subsidy, holiday exchange, Employee Assistance Programme and menopause policy.
- Community – paid volunteering leave and Give As You Earn scheme. Vibrant CSR and engagement forums and fundraising for our charity partners.
- Development – a suite of opportunities to build the skills you need to excel in your role
#J-18808-Ljbffr…