Credit Risk Analyst – Clearing Broker Full Time

The Role

An opportunity has arisen for a Credit Analyst in the Credit area of the Risk Department of a clearing brokers in the City of London to assist and support the Credit Risk Manager with the annual reviews and new counterparties review of margin finance, whilst maintaining a high level of professionalism to succeed in a fast-paced environment all working within core business values and Risk Framework.

Your Responsibilities

The main duties of this role will include:

• Preparation of annual credit reviews for margin finance clients, including detailed financial and credit analysis

• Participate in credit due diligence as part of the client review process

• Assess and judge the creditworthiness of existing and new counterparties and recommend appropriate credit limits

• Ensure all margin finance applications comply with Credit Policy and the business is protected as far as possible from credit risk events.

• Producing monthly and quarterly Management Information to present to Senior Management and Desk Heads/Account Executives

• Liaise with EMEA Credit Department on annual credit client renewals and new counterparties reviews

• Attend weekly committee meeting with EMEA to share and update information

• Maintain and monitor the daily suite of Credit Risk reports

• Daily review of credit client margin calls and the drivers of the margin call

• Monitor credit clients on an intraday basis using TS Imagine

• Track ongoing performance of credit clients, escalate to senior management when required

• Assist in setting of initial margin limits for all clients (Cash and Credit)

• Process annual reviews of bank and clearing counterparties

• Provide information to customers’ external auditors

• Maintain a log of client SBLC/Parental guarantees

• Engaging proactively with front office on credit related matters

• Adhere to Risk Management Framework

• Maintain Risk control

• Enhance and challenge standards as and when required

• Maintain departmental procedures

The successful candidate will possess the following:

• 1-3 years’ experience in credit analysis

• Advanced Microsoft Excel

• Product knowledge is beneficial but not essential.

• Knowledge of credit management and mitigations tools

• Strong fundamental credit analysis skill set.

• In-depth knowledge of credit analysis

• A solid understanding of accounting and financial data analysis