Job title: Credit Operations Analyst
Contract duration: 1 year contract (renewable/convertible)
Company & Team description:
Are you looking for an exciting opportunity to join a dynamic and growing team in a fast-paced and challenging area This is a unique opportunity to work closely with Lending Advisors and Credit Risk Executives to facilitate loan origination, monitor credit risk exposures and clients collateral portfolios, provide covenant breach reporting and handle regulatory reporting and Credit Risk data analytics. Join my client's Credit Operations Team in this impactful and unique role at one of the world's most innovative banks.
The Credit Platform Services Team is part of the Credit Operations group under my client's Asset & Wealth Management. This division, which manages $2.8 trillion in client assets, is a global leader in investment and wealth management.
Job Summary:
As an Analyst on the Credit Platform Services team, you are responsible for monitoring my client's Wealth Management exposures (including loans, mortgages, and derivatives) secured by financial assets, such as equities, fixed income products and other asset types. You are critical to protecting the bank from potential credit losses. Working closely with the Lending Advisors and Credit Risk Executive, you are also responsible for a wide range of functions such as administration and monitoring of Wealth Management Asia credit facilities in line with corporate credit policy, review & monitoring of credit covenants, transaction approval and other special monitoring requirements.
Job responsibilities:
- Collaborate closely with Credit Underwriting team, Credit Executives on exception handling for credit facilities extended to Asia Private Banking clients
- Monitor and review the loan portfolio, regularize excesses (shortfalls) according to Credit guidelines, regulations, credit policies and guidelines
- Support the underwriting team in setting up new or renewal credit facilities in accordance with the Private Bank's Credit and Risk policies.
- Handling of credit documentations which includes preparation and liaising with internal legal on documentation drafting, signature verification, scanning and filing.
- Provide Controls and Management Information Support reporting for internal Credit Risk metrics including credit exposure, product analytics, threshold reporting and collateral breakdown
- Identify, implement and manage controls initiatives with other International Private Banking primary locations i.e Geneva and Edinburgh to share best practices and coordination with India and Manila teams
- Explore and develop automation opportunities for existing reports using Intelligent Automation tools like Alteryx, Python, Unqork and Xceptor
- Input and maintain credit limits and other credit parameters such as cross pledges, pricing, mortgages etc. in the system
Required qualifications, capabilities, and skills:
- Bachelor's degree in Business, Finance, or relevant disciplines
- At least 1 to 3 years of relevant work experience in a middle office or control function in a financial institution
- Demonstrated interest in financial markets and understanding of risk measures
- Ability to adapt in a fast paced, dynamic and changing team environment is essential
- Confident and outgoing personality, able to deal directly with the senior stake-holders
- Strong problem-solving and analytical skills, enabling value addition rather than just accepting the status quo
- Excellent verbal and written communication skills
Preferred qualifications, capabilities, and skills:
- Knowledge of our current regulatory landscape an advantage
- Strong knowledge of automation tools like Alteryx, Xceptor, Visio a plus
EA License: 94C3609
Reg no: R1987153
