Senior Analyst - Credit Risk

at  Bank Of China

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 Analyst - Credit Risk, your primary 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 2LoD credit for effective end-to-end credit management process. This is a full time permanent position.

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
• Attention to detail
  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

• Assess proposals submitted to Credit Management Department from front office departments of Bank of China (UK) Limited and Bank of China London Branch, and 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
• Compose and update credit applications including waiver requests, limit renewals and proposals for new transactions
• Attend Credit Committee of Bank of China (UK) Limited and Bank of China London Branch to present a summary of their credit reports to the Committee and answer any questions from the Committee members
• Support 1LoD coverage in business strategy definition and in on-boarding new Financial Institutions (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 monitoring credit and market signals
• Ensure the compliance with departmental procedures manuals
• Manage the CCMS approval process from start to completion and work with front office to manage time frames and expectations