Associate - Executive, Credit Risk

at  CDC Group

ABOUT BII

British International Investment is the UK’s development finance institution, owned by the UK Government. With a mission to solve the biggest global development challenges, we aim to create a virtuous circle of investment and impact. Your contribution will be essential.
It won’t be easy: we do the hardest work in the most complex markets. Be prepared to test your skills, get creative and say your piece as you take on high-profile work as part of a diverse team of exceptionally smart, passionate people.
In return, you can take your career to all-new places in a culture that rewards curiosity and collaboration, and balances high performance with wellbeing.
BII at a glance
75 years supporting sustainable business growth in developing and emerging markets
£8.1 billion in net assets
1,400+ businesses invested in
950,000 workers in the businesses we support
£9 billion in new investments planned in the next 5 years
600+ people in our diverse global team

ABOUT THE ROLE

• Take on the primary responsibility for Credit and Counterparty risk for a portfolio composed of financial services, corporates, project finance or private equity funds.
• Lead annual review for their portfolio, including credit risk ratings reviews as well as ongoing monitoring and early warning signals.
• Engage actively and constructively, with Investment teams and other relevant staff to ensure adequacy of their monitoring process.
• Contribute to the wider Credit risk team across all portfolios and workstreams:
• Design and oversight of the rating and risk measurement process, including developing and maintaining scorecards for Corporates, Financial Institutions and Funds.
• Cross departmental implementation and oversight of the credit risk policies and single group limits.
• Pre-investment and new product credit analysis providing risk assessment and ensure risks will be adequately captured.
• Oversee the ongoing credit review process and identify trends and concentrations in risk exposures.
• Work with BII’s IT team to develop, implement and maintain systems to support credit risk management processes.

Reporting

• Design and develop exception-based risk reports, including risk exposures, risk appetite and risk mitigation actions.
• Produce periodic risk management presentations for BII’s governance committees and Board Risk Committee.

Risk Culture

• Be an agent of credit and risk culture dissemination, including design and provide training to stakeholders.
• Provide training and development to more junior members of the Credit risk team and of the wider organisation.

BII’s Credit Risk function is a part of the BII Risk Department. It is a responsible for overseeing the operation of BII’s credit and counterparty risk management framework, including:

• Developing and enhancing methodologies to assess and frameworks to manage credit and counterparty risk at BII (exposures, limits).
• Providing support to risk owners (investment teams and CIO office) with the identification and understanding of Credit risk, enabling them to make informed decisions about how to mitigate risks and be consistent with standards established by Credit Risk.
• Working alongside other groups in BII to leverage expertise in Risk Management e.g. visiting/assisting investees to strengthen their Risk processes, occasionally assisting on Due Diligence trips.
• Ongoing credit risk monitoring including periodic credit risk rating assessments.
• Providing risk reporting to executive committees, the Board and Shareholder, enabling these bodies to understand BII Credit Risk and how it is being managed.
• Conducting ad hoc risk analysis to assess exposure to topical or thematic risk vulnerabilities