Senior Credit Analyst - Corporates

Bank of China

  • London
  • Permanent
  • Full-time
  • 17 days ago
Credit Management department is the second line of defence (2LoD) credit function that is responsible to prepare risk assessment reports and credit recommendations in support of existing and new business for the Bank. As a Senior Credit Analyst - Corporates, your responsibility will be to complete the credit risk applications and perform ongoing monitoring of customers to ensure proactive and early identification of any credit concerns. You will also be responsible to develop solid industry vertical practices between first line of defence (1LoD) coverage and second line of defence (2LoD) credit for effective end-to-end credit management process. This is a full time permanent position.Key responsibilities
  • Assess proposals submitted to Credit Management Department from the Front Office Departments of the Bank of China (UK) Ltd and Bank of China London Branch, and to write credit reports in respect of the business proposals. This includes research and evaluation of counterparty management, industry and transaction risk, financial accounts, cash flows and forecasts as well as identifying the key risks and mitigating them in the proposal
  • Attend relevant Credit Committees to present a summary of credit reports to the Committee and answer any questions from Committee members
  • Support 1LoD coverage in business strategy definition and in on-boarding new FI and Corporate clients
  • Regularly monitor the risk situations of borrowers in an allocated portfolio, as well as industry risks where particular responsibility for an industry has been allocated
  • Develop and maintain financial models aimed at automating a number of tasks not limited to the collection of historic financials and various models aimed at monitoring credit and market signals
  • Review and enhance select internal processes with a view to adopt a dynamic risk-based approach commensurate with the low risk profile of the corporate portfolio
  • Prepare statistics reports relating to the Bank’s businesses, portfolios and sectors
  • Manage the CCMS approval process from start to completion and to work with front office to manage time frames and expectations
  • Compose and update credit applications including waiver requests, limit renewals and proposals for new transactions
  • Answer enquiries from other departments and from internal and external stakeholders
  • Advise internal stakeholders on topics not limited to business strategy, product launches, portfolio management and monitoring
  • Carry out any ad hoc tasks when required
  • Take ownership of complex and infrequent processes or problems
  • Provide support and guidance if required to junior members of the team
Requirements
  • Degree educated preferably in Finance, Business or Economics
  • Relevant professional qualification is considered useful (e.g. MBA, ACIB, CFA, FRM)
  • Comprehensive knowledge of Banking products and risks associated with them
  • Comprehensive knowledge of legal documentation specific to Banking and CCP businesses
  • Demonstrated financial and modelling skills
  • Advanced MS Office (Word, Excel, PowerPoint) skills
  • Excellent communication skills
  • Fluency in Mandarin is preferred
  • Able to work in a fast paced environment
  • Attention to details
  • Team player
Having a presence in the UK for more than 90 years, Bank of China London Branch has been providing an excellent financial service to the market and maintain its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branch in the Bank of China Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy the equal opportunities to grow both personally and professionally.

Bank of China