Skip to main content

This job has expired

Senior Credit Risk Analyst

Employer
Zenith Bank Limited.
Location
Cranford, Hounslow, United Kingdom
Salary
Competitive Salary
Closing date
Sep 27, 2020

View more

Job Role
Credit Control
Sector
Finance
Contract Type
Permanent
Hours
Full Time

Zenith Bank are recruiting for an experienced Senior Credit Risk Analyst within our Risk department.


Key

Responsibilities:

Analysis of new and review credit proposals for corporates, banks and sovereigns as 2nd Line of Defence; prepare Independent Credit Assessment for Management Credit Committee. Support Risk Management in upgrading credit risk policies, processes and controls. Critically assess existing procedures, identify control gaps / weaknesses and suggest ahead of implementing practical solutions.


Specific

Responsibilities:

  • Independently assess and challenge (as 2nd line of defence) credit applications for a variety of counterparties including corporates, banks and sovereigns.
  • Analyse financial information such as annual reports, management accounts and cash flow statements and provide thorough assessment of credit worthiness and appropriateness of ratings.
  • Perform periodic reviews of existing non-bank, bank and country credit counterparties.
  • Work closely with Risk Administration team regarding loan documentation and other workflow matters.
  • Assist in the management of all necessary documentation involved in the credit application and the documenting of facilities.
  • Suggest and implement better credit risk assessment metrics and techniques.
  • Actively contribute to the implementation of a new Internal Credit Rating system (training / workshops etc).
  • Ensure Credit Policies and Procedures are kept up to date and in line with Regulatory requirements.
  • Communicate the Bank's Strategy with the 1st Line of Defence and give clear credit advice aligned to the Strategy.
  • Assisting with wider up-skilling of credit knowledge across both 1st Line of Defence and Credit Risk teams, by developing, preparing and conducting relevant training and workshops.
  • Produce management information and reports for EXCO, Management Credit Committee, Board Risk Committee, and the Board.
  • Assist the Manager in the analysis of KRI to identify areas of risk in the operating environment and work with Market and Operational Risk to ensure that appropriate action is taken.
  • Assist Finance Department to obtain External Ratings for IFRS9 calculations


Additional

responsibilities:

  • Some potential client contact involving documenting meetings / negotiations.
  • Supporting the Manager, Credit Risk and the Chief Risk Officer where necessary.
  • Providing relief across Credit Risk during any absences.
  • Keep up to date with industry best practice, key market developments (including Nigeria) and regulatory developments.
  • Proactively develop 'Identification and monitoring' on all aspects of Credit Risk.
  • Complying with the FCA/PRA's Individual Conduct Rules, as outlined below.
  • To "live" the values of the Bank and be a valuable team member.


Skills required:

  • Credit risk trained and have prior analytical experience (7 - 10 years).
  • Knowledge of legal, compliance, accounting and market-risk related issues involved in the approval of credit. Knowledge of domestic Nigerian/ Ghanaian markets and of other sub-Saharan African markets is desirable.
  • Able to communicate credit assessment challenges confidently with Senior Management including at the Management Credit Committee level.
  • Experience or exposure to working in a Trade Finance environment.
  • Experience of implementing internal credit rating systems.
  • Driven, ambitious, self-starter who can grasp a concept quickly and deliver a reasoned investigation and analysis.
  • Strong understanding of the control environment and operating within it.
  • Strong communication and presentation skills.
  • Good understanding of current AML/KYC requirements.
  • Good IT skills - Microsoft Office package.
  • ACCA/CIMA qualified, CFA finalist, Master of Credit Risk or equivalent preferred.
  • IFRS9 implementation experience.



Application deadline for the Senior Credit Risk Analyst role is Monday 5 October 2020. Only candidates who match the job description's criteria will be contacted (within 2 weeks of the deadline, 19 October 2020) and considered for this role.

The role is on a full-time and permanent basis. Salary £50,000 plus benefits.

Get job alerts

Create a job alert and receive personalized job recommendations straight to your inbox.

Create alert