About the role
Responsibilities:
- Support Portfolio Management Group (PMG) for credit portfolio management and credit risk assessment.
- Manage/support credit coverage with moderate oversight from the senior credit officers for corporate banking clients based in North America.
- Active Credit Risk Management of Designated Customers under the Guidance of Senior Credit Risk Managers.
- Manage a designated portfolio of US corporate credit customers.
- Perform due diligence and scheduled reviews regularly.
- Analyze credit risk of the designated portfolio, determine accurate ratings, and make recommendations for accurate and timely ratings to management with support from a senior credit risk manager.
- Prepare detailed credit analysis and credit applications in accordance with Americas Credit Policy, Americas Credit-Related Procedures, and Credit Rules, evaluating the borrower's industry/business/legal/financial risks and recommending extensions of credit to management.
- Basic cash flow modeling skills and understanding of assigned industries/industry sub-sectors are required, and maintain the most up-to-date knowledge on the industries through internal/external sources and direct communication with the customers.
- Able to understand and assess the risk of Standard Bank products such as loans, standby LC, trade finance, forex, derivatives, and securitization.
- Maintain direct communication with assigned customers.
- Oversight of covenant compliance, facility due dates, and condition/instruction/report required conditions/instructions/reports.
- Responsible for coordinating and communicating account information to internal auditors and external regulators (e. g., FRB, FSA, BOJ, SNIC, OCC).
- Ongoing training to enhance the all-around skill set of a credit risk manager.
- Perform other related functions as assigned.
Deal Support:
- Work with business lines/product groups to identify prospective transactions.
- Identify structural risks and mitigants in prospective transactions and recommend/enhance structuring of deals and covenants in line with policies and procedures.
- Advise credit risk managers on credit risk issues and terms and conditions to create the best possible deal to improve profit and minimize credit cost with support from a senior credit risk manager.
- Communicate with credit divisions regarding rating rationale and facility structuring/exposures, and ensure credit divisions are furnished with all credit-related information/analysis pertinent to decision-making.
Policy Compliance:
- Ensure compliance with external regulatory requirements (JFSA, BOJ, FRB, OCC).
- Ensure compliance with internal policies and procedures by understanding and adhering to Americas Credit Policy, Americas Credit-Related Procedures, Credit Rules, Procedures for Credit Ratings, Manual, and any other applicable pronouncements.
Requirements:
- Minimum of 2 years of working experience in financial institutions or equivalent, in accounting/financial analysis areas.
- Should have experience in credit analysis of corporates, preferably in North America.
- Strong financial modeling and analytical skills are a must.
- Excellent communication skills (both oral and written).
- Master's degree required (major in accounting/finance/business preferred).
- An MBA or CFA is a plus.
- Completion of formal credit training is a plus.