Credit Risk Manager
Commercial Bank in the city of London
Permanent
£90,000
cer Financial are working alongside a mid sized international bank who are based in the City of London. They are seeking a Credit Risk Manager to work with them on a permanent basis.
The responsibilities of a Credit Risk Manager will include:
- To produce and take responsibility for high quality credit submissions in collaboration with Structured Finance (SF) with appropriate risk assessment and analysis for new and existing project finance transactions originated by the Energy & Infrastructure Teams of SF Europe.
- Manage an extensive portfolio of existing Project Finance transactions and take prime responsibility for individual deals following operational phase handover from SF.
- Prime responsibility for formulation and punctual delivery of high-quality credit submissions for approval in collaboration with SF. These will include amongst others:
- robust analysis of all risks to include assessment of cashflow model and appropriate review of due diligence and documentation
- Review of project risk rating
- Appropriate downside analysis and d) ensuring observation of banks credit policies.
- Active risk challenge role in dialogue with SF Origination when developing new deals, including where necessary participation in Client, Bank and Advisor meetings, constructive input into appropriate structures, security, covenants etc.
- Independent ongoing risk monitoring of own portfolio of project financings with sometimes complex legal structures, industrial technical process, financial modelling and regulatory issues. Timely completion of annual credit monitoring including German Banking Law requirements and submission of credit reviews if necessary, consent and waiver requests; approval of internal ratings and all other systems and regulatory requirements.
- Identify any deteriorating credits promptly and ensure appropriate action including a) consideration for
The successful Credit Risk Manager will have:
- Good experience in Project Finance and Credit with strong analytical skillset.
- Familiarity with Project Finance documentation.
- Fluent English and ideally another European language.