Credit Risk Analyst

The purpose of the role is to assist the Head of Credit Risk maintain an effective end-to-end Credit Risk Management function for Crown Agents Bank (CAB or the Bank). The role is primarily responsible for assessing and continuously monitoring the creditworthiness of the Bank’s counterparties, including financial institutions, sovereigns, non-bank financial institutions, multilaterals, development organisations, charities, and other non-governmental organisations, ensuring that all credit activities are within approved risk appetite and tolerance levels. The incumbent collaborates, works closely, and supports front office business teams and other areas of the Bank to ensure a smooth credit process.

Role Responsibilities

• Preparation of credit applications for new and existing clients and deliver high-quality credit assessments including analysis and interpretation of financial statements to enable credit approval authorities to make informed decisions.
• Attendance at Credit Committee and ensuring that questions raised are properly addressed and meeting minutes correctly capture discussions and decisions made.
• Performing internal credit ratings utilising the Bank’s rating system (Moody’s RiskCalc) and expected credit loss (ECL) calculations in line with the Credit Policy and Procedures, and IFRS9 guidelines.
• Maintenance of good working relationships with relevant stakeholders and participation in client meetings/calls/visits and transaction/client-related discussions as required.
• Monitoring of market, regulatory, macro-economic and political developments, as well as assessment of their impact on the portfolio credit quality, ensuring adequate precautions are in place to minimise the Bank’s credit risk.
• Preparation of scheduled and ad hoc credit reports covering exposures and credit risk developments in line with internal procedures.
• Ensuring effective credit administration, covering credit file maintenance, monitoring of credit limits, timely completion of annual credit reviews, reviewing documentation, and aiding fulfilment of terms & conditions, and any instructions set by credit committees and senior management.
• Participation in audit preparations and addressing audit queries in a timely manner.
• Assisting in the identification of opportunities to improve credit processes and controls to achieve operational efficiency.
• Providing back-up for colleagues in the team to ensure goals and objectives are met.
• Participation in Credit projects and initiatives and assisting with any other duties as assigned by the Head of Credit Risk.

Requirements

• Degree or equivalent in a commercial/numerical subject and/or relevant professional qualification

Experience

• Demonstrable credit analysis experience and a broad knowledge of FIs, Sovereigns, Corporates and NBFI credit risk within the financial services industry, ideally in an emerging/frontier market context.
• Good understanding of the IFRS9 impairment process. Financial modelling skills would be desirable.
• Working knowledge of banking products from a credit risk perspective including global markets Treasury/FX products and trade finance.

Skills

• Strong technical credit analysis and research skills (including financial statements analysis, sector research, peer analysis).
• Excellent written and verbal communication skills, and high accuracy and attention to detail. Ability to communicate with impact, ensuring complex information is articulated in a simple and meaningful way to a wide and varied audiences.
• Professional level in using Microsoft Excel, Word, and PowerPoint.
• Ability to plan-ahead to ensure reviews are completed within agreed timelines and urgent transactions are prioritised.
• Quick leaner and able to adapt to new processes and environment

Additional information

• Hybrid working
• Contributory personal pension plan: - Minimum: Employee 2% and Employer 7%. Employer matches contributions in 1% increments to a maximum of: Employee 5% and Employer 10%
• Life Assurance – 4 times annual salary
• Group Income Protection
• Private Medical Insurance – this may include cover for partner and or children at company cost. Cover includes Optical, Dental and Audiology
• Discretionary Bonus
• Competitive Annual Leave
• 2 Volunteering Days
• Benefit Hut