VP IB Credit Specialist -Funds

  • Sector: LMA UK Credit, Risk and Quantitative
  • Contact: Nikolai Balzer
  • Contact Email: jobs@lmarecruitment.com
  • Client: LMA
  • Location: London
  • Salary: £110000.00 - £115000.00 per annum + Bonus + Benefits
  • Expiry Date: 16 May 2022
  • Job Ref: BBBH394906_1652102516

.Our client, a prominent Investment Bank is seeking an experienced VP level credit risk officer to cover the bank's regulated funds and pension funds clients.
Responsibilities include:
* Potential for management of Credit Analysts and provision of ongoing training/mentoring whilst also owning an active portfolio of fund counterparties.
* Conducting credit due diligence, including an assessment of investment strategy, risk controls/infrastructure, management qualifications, portfolio breakdown, leverage, liquidity, fund performance etc.
* Performing initial and ongoing written credit analysis, which involves assigning/monitoring internal credit ratings and limits, documenting key exposures and non-standard arrangements, and providing supporting recommendations.
* Analyzing/approving live transactions, ensuring risks are properly identified and adequately mitigated.
* Negotiating credit terms and covenants across a variety of trading agreements.
* Ongoing exposure monitoring (using VaR and other scenario-based risk measures) against established credit limits/appetite.
* Monitoring market, regulatory, macro-economic and political developments and assessing their impact on the credit quality of counterparties.
Your future colleagues/The Team
The Credit Risk IB Funds Team is responsible for managing an active portfolio of counterparty exposures to mutual funds and pension funds supporting key business areas within Global Markets. They are a department which values Diversity and Inclusion (D&I) and is committed to realizing the firm's D&I ambition which is an integral part of their global cultural values.
Your skills and experience
They are looking for:
* Proven working experience in a financial institution.
* Strong knowledge of Counterparty Credit Risk management practices and strong knowledge in Derivatives.
* Ability to negotiate credit terms and covenants across a variety of trading agreements.
* Outstanding interpersonal and communication skills. Ability to manage work effectively under pressure.
* Dedication to fostering an inclusive culture and value diverse perspectives.