Associate, Structured Distribution, Portfolio Management

Overview

As an Associate in Structured Distribution, you support the Portfolio Management team to optimise the Commercial Banking portfolio and expand credit risk mitigation tools. You will work across Coverage, Product, Credit, Finance and Treasury to deepen client relationships while reducing risk and capital. The role focuses on developing and executing risk distribution strategies, including Credit Risk Insurance and Credit Default Swaps, to increase origination capacity and returns. You’ll contribute to the group’s transformation journey by leveraging data to inform risk tools and pricing discussions.

Pay / Benefits

• generous pension contribution up to 15%
• annual performance-related bonus
• share schemes including free shares
• 28 days’ holiday plus bank holidays
• wellbeing initiatives
• parential leave policies

Responsibilities

• Support execution and management of credit risk mitigation tools (e.g., Credit Risk Insurance, Credit Default Swaps)
• Upskill in the use of credit risk mitigation tools
• Engage with internal colleagues across Coverage, Product, Credit, Finance and Treasury to deploy mitigation tools
• Analyse data from multiple sources to drive risk tool development
• Maintain relationships with internal partners and the external market to create growth opportunities
• Develop the bank’s understanding of risk mitigation tool options and bring them into credit and pricing conversations

Key requirements

• Experience within financial services
• Excellent communication skills (written and oral) to explain complex concepts
• Strong stakeholder management and collaborative mindset
• Ability to manage and prioritise multiple deliverables
• Good Excel skills with methodical, analytical decision-making
• Ability to present complex information clearly
• Strategic thinking with a willingness to learn and adapt
• Desirable: knowledge of products/services, capital management framework, and credit risk mitigation tools

• stakeholder management
• clear communication
• collaboration
• Excel
• data analysis
• risk assessment tools (conceptual)

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