Credit Risk Manager
4 days in the office.
A prestigious private bank with a significant and growing presence in the UK is seeking a Credit Risk Manager for the London business.
Key Responsibilities
- Daily monitoring of Lombard and insurance policy shortfalls through the collateral monitoring tool breach report.
- Liaise with CRMs to obtain action plans and deadlines by which any shortfalls will be fixed.
- Propose/assist with alternative solutions to the CRMs to regularise shortfalls.
- Prepare and send margin call letters to CRMs
- Instruct liquidation of all or part of assets to the CRM when a margin call must be executed
- Use of Personal Approval Authority to approve smaller shortfalls, up to delegated limit.
- Submit Monthly Shortfall Watch List to the Local Credit Committee.
- Set up portfolio simulations (new portfolios to move to the Business, impact when switching securities, etc).
- Daily securities analysis for possible attribution of standard lending and weighting rates (if applicable).
- Run stress tests / forecasts based on global and market events.
- For complex and outside credit policy lending applications, recommended by Credit Structuring & Analysis (CSA) team, undertake a review and assessment for the Local Credit Committee Chair.
- As required act as deputy for Head of Credit Risk at Local Credit Committee meetings.
- Assist risk colleagues, as necessary, with validation of payments, new loan validations, input of data / making pricing adjustments into Atlas (core banking system) and SpeciCred.
Experience Required:
- Background in Lombard lending.
- Strong knowledge of financial products (options, futures, FX forwards, including netting, hedging and strategies), understand the exact risk and margining, etc, to be in a position to explain to a Banker the rational for the margins applied
- Strong knowledge of financial securities (CoCo bonds, Sukuk bonds, ETFs, Structured Products, CLNs, CLOs, Hedge Funds, Long Only Funds, Equities, etc)
- Experience of lending to Private Banking clients either as CRM or in a Credit Risk related role.
- Experience of mortgage lending, in a regulated environment, would be beneficial.
Recommended Jobs
School Receptionist - Harrow | Leading Academy
Borough: Harrow Status: High-Achieving Secondary Academy Contract Type: Temporary (Maternity Cover), Full-Time Salary Range: £26,000 – £30,000 (Based on experience) The Opportunity …
End of Tenancy Cleaners
Key Tasks: Perform thorough top-to-bottom end-of-tenancy cleans Restore kitchens and bathrooms to pristine condition Clean cupboards, appliances, and all surfaces Sanitise windows, doors,…
Chemistry ECT Role | Outstanding School in Camden
A prestigious, Outstanding Ofsted-rated secondary school and sixth form in Camden, Central London, known for its academic rigour and strong university placement record in STEM, is seeking an Early Ca…
Luxury Asia Travel Consultant
Due to continued growth and increasing demand for Asia travel especially Thailand and Sri Lanka, we are seeking a knowledgeable and enthusiastic Luxury Asia Travel Consultant to join our team. This…
Science Technician - Prep Specialist - Ealing
Science Technician – Manage Chemical Stocks and Provide Expert Apparatus Preparation for KS4/5 Practicals – Ealing A well-regarded secondary school in Ealing is recruiting an experienced and me…
PE Teacher - Boys’ Secondary School - Croydon
PE Teacher - Boys’ Secondary School - Croydon Are you a hard-working, motivated and driven teacher who wants good support and career progression? • PE Teacher Role • Teaching up to GCSE Physica…
Trainee Recruitment Consultant
Are you an individual with 12 months+ recruitment experience OR someone with a proven track record in sales looking for a career change? Are you frustrated by office politics/unfair commission sc…
Work Experience (Hiring Immediately)
Work experience candidates will currently be studying at school We will start with an office induction. Following this we will talk about what the company does and introduce to the team. We will talk…
Signal Integrity Engineer
About the job Own signal integrity for the interconnects that make advanced AI compute systems reliable at scale. As a Signal Integrity Engineer, you will shape the high-speed PCB and interconnec…
Mathematics Teacher - Prestigious Independent School -...
Mathematics Teacher - Prestigious Independent School - Lambeth (September Start) Are you a hard-working, motivated and driven teacher who wants good support and career progression? • Mathematics T…