T D Newton & Associates
Website:
tdnewton.com
Job details:
Job Description
GLOBAL BANKING AND ADVISORY (GLBA) / Credit Portfolio Management / Financial Assets and Insurance (GLBA/CPM/FAI). The mission of GLBA/CPM/FAI is to provide credit analysis and manage the credit relationship with clients of FAI group. This position has a focus on banks, broker-dealers, supra-nationals and quasi-sovereigns located in EMEA region.
MAIN ACCOUNTABILITIES
The individual will be responsible for credit analysis of existing or new financial institution clients/counterparties. Day-to-day responsibilities include:
- Assessing the creditworthiness of counterparties: prepare detailed credit application by capturing relevant information as per internal policies, perform credit outlooks, recommend risk ratings using bank’s internal rating tools, and propose global credit limits based on internal risk appetite.
- Obtain RISQ approvals on the ratings and credit limits within the specified timelines, and ensure that the internal systems are accurately updated.
- Process one-off credit requests in a timely manner to meet business deadlines and maintain the annual review cycle.
- Research and analyze financial data on the counterparty to prepare high-quality analysis in credit applications that addresses both client credit risk and transaction risk.
- Knowledge of capital markets and credit-related products, particularly derivatives, securities lending/repo, and trade finance – preferrable.
- Manage key components of counterparty credit administration such as, negotiating and controlling trading legal documentation (ISDA/CSA, GMRA, GMSLA) – preferrable.
- Perform ongoing monitoring of client credit quality to identify a possible deterioration and propose appropriate actions (changes in risk rating & limits).
- Closely monitor developments related to regulatory, industry, counterparty events, and track external rating changes.
- Assist in performing stress tests on banking sectors, and preparing sectoral research and outlook.
- Coordinate and liaise with several internal stakeholders: Relationship Managers/Bankers, Business Lines/Traders, Legal, Risk, KYC, Operations and others.
TECHNICAL SKILL
SRequired
- :Proficiency using Word for written analysis and Excel for spreadsheet analysis
- .Ability to acquire knowledge of the accounting, legal and regulatory issues governing relevant sectors
- .Ability to investigate/research/synthesize data and make appropriate conclusions as to what is causing the observed result(s)
- .Ability to write concisely and in a way that conveys analysis and conclusions with minimal follow-up questions
- .Working knowledge of trading documentation
- .Knowledge of third-party information sources like SNL, Thomson Reuters, Capital IQ, Bloomberg, et
- cDevelop competency with Company’s internal systems
.Desired
- :Knowledge of capital markets/OTC traded products, Securities lending/repo business and trade finance facilities
- .Excel skills, such as macros and pivot tables
.
Specific Conte
xtPRIOR WORK EXPERIENCE: Required: 2+ years of overall credit analysis experience in the FI spac
e.EDUCATION: Required: CA / Post-graduate (in Finance) from renowned universit
y.LANGUAGES: Fluency in English, both written and verbal; French language skill is a plu
s.
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