
Banking Job - Mandarin speaking Head of Credit - London - wm
- London
- Contract
- Full-time
- up to £120k, depending on experience
- Permanent
- Central London
- Ref: 23064
- are fluent in Mandarin Chinese
- have credit analysis or credit risk experience in commodity sector
- Ensure compliance with the credit risk policies and procedures and ensure that a sound environment for granting, measuring, monitoring and controlling credit risk is in place.
- Enhance the strategy, policies and procedures of Credit Risk to support the organisational business strategy and to ensure adherence to best practice.
- Perform credit assessment and review (quantitative and qualitative) of potential and current clients/counterparties including corporates, financial institutions, CCPs and State Owned Enterprises.
- Present credit risk assessments and recommendations to the Credit Committee for approval.
- Monitor client exposure against various limits and initiate risk mitigation action against any breaches as per credit policy and procedure.
- Maintain and update credit record/documentation of clients, including financials, approved limits, review decisions etc.
- Maintain an understanding of all pertinent regulations as well as best practices pertaining to the overall credit operation.
- Maintain continual focus on market methodological developments with regard to portfolio credit risk measurement techniques and ensure adoption of relevant techniques where appropriate.
- Continual focus on global macro-economic environment with understanding of specific country factors and impact of those factors on the credit risk assessment with regard to clients and counterparties incorporated or operating in those countries.
- Embed group credit risk related policies and procedures to local process.
- Support the Head of Risk for risk management activities in market risk, liquidity risk and operational risk
- Perform the below with the support of the risk analysts: annual risk policy reviews, organising and attending credit committee and risk management committee, new product launch and post launch evaluation etc.
- Other ad hoc duties as assigned by the management.
- Proven track record in corporate credit analysis experience, including profit and loss, balance sheet and cash flow analysis
- Leadership skills in leading a credit team within a dynamic environment to quickly resolve issues
- Track record in compiling researched credit assessments with sound conclusions
- Experience of reviewing clients that operate in the commodities sector
- Understanding inherent risk in granting credit lines for IM and VM requirements for clients
- Strong report writing skills and ability to consolidate large amounts of qualitative and quantitative data
- Ability to communicate effectively in a manner appropriate to the audience from junior level colleagues, to senior management as well as a diverse external client base
- Proven mentoring skills to develop junior members of staff
- Good MS Excel and Word skills