What are the responsibilities and job description for the VP Credit Risk (Financial Institutions) position at Broadgate?
International Bank - VP Credit Risk (FIG)
• Analyze credit risk of the designated portfolio, determine accurate ratings and make recommendations of accurate and timely ratings to management
• Prepare detailed credit analysis and credit applications in accordance with appropriate policies and procedures, evaluating the borrower’s industry/business/legal/financial risks and recommending extensions of credit to management
• Collaborate productively with the business line to manage safety and soundness while developing the portfolio
• Coordinate and communicate critical account information independently and directly to various related parties throughout the bank, business line, product groups and credit divisions
• Maintain direct communication with assigned customers. D
• Work with business lines/product groups to identify prospective transactions
• Identify structural risks and mitigants in prospective transactions and recommend/enhance structuring of deals and covenants in line with policies and procedures.
• Advise account officers on credit risk issues/terms and conditions to create a best possible deal with a goal of maximizing profit and minimizing credit cost.
• Directly and independently communicate with credit division and ensure it is provided with all related information/analysis pertinent to making a decision with little support from management. Policy Compliance
• Ensure compliance with external regulatory/internal policy and procedural requirements
• Participate in ad-hoc policy meetings to enhance organization wide credit risk framework. Support and mentor junior analysts in credit risk management process
• Train and support junior analysts as assigned by MD or Team Leader.
• Guide junior analysts in completing complex assignments.
• Study, develop and enhance analytical skills of the team through close communication.
Qualifications
• 6 years’ work experience at financial institutions or equivalent in credit and risk related function analyzing financial institutions or corporate customers.
• Minimum of 3 years’ experience in analyzing financial institutions and conducting due diligence on such clients, developing working relationships with customer’s senior management.
• In depth knowledge of general corporate credit analysis, credit and risk management