Credit Risk Manager – London Business

A prestigious private bank with a significant and growing presence in the UK is seeking a Credit Risk Manager for its London business.

• Work Pattern: Four days in the office.

Key Responsibilities

• Daily monitoring of Lombard and insurance policy shortfalls through the collateral monitoring tool breach report.
• Liaise with CRMs (Credit Risk Managers) to obtain action plans and deadlines for resolving any shortfalls.
• Propose or assist with alternative solutions to 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 Personal Approval Authority to approve smaller shortfalls, up to the delegated limit.
• Submit the Monthly Shortfall Watch List to the Local Credit Committee.
• Set up portfolio simulations:
  • For new portfolios to be moved to the business.
  • Impact when switching securities.
• Perform daily securities analysis for possible attribution of standard lending and weighting rates (if applicable).
• Run stress tests and forecasts based on global and market events.
• For complex and outside credit policy lending applications recommended by the Credit Structuring & Analysis (CSA) team:
  • Undertake a review and assessment and present findings to the Local Credit Committee Chair.
• Act as deputy for Head of Credit Risk at Local Credit Committee meetings, as required.
• 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.