Credit Risk Management provides assessments on the credit risk of counterparties with whom we transact business.
· Responsible for the effective credit risk management (evaluation of risk/exposure management) of designated industry/geographic sector(s) including Investment Advisors, Pension funds, mutual funds, private equity funds, endowments, foundations, charitable organizations etc.
· Prudent and appropriate use of delegated discretion to approve the granting of credit approval in accordance with Bank policy
· Ensure continued growth of the business without incurring unmanageable risks.
· Engage in assessing and making recommendations of proposals received from business development/product areas.
· Stay current with financial analysis and risk profile of the assigned sectors, borrowers and counterparties.
· Alert senior management to negative developments and trends for clients and segments within the assigned sectors.
· Continuously evaluate the effectiveness of the risk management process for the portfolio and make appropriate recommendations for improvement as needed
Support Senior Management in the management of GFRM Americas
- Evaluation and proactive management of credit exposures to assigned names and their subsidiaries/associates;
- Monitoring of annual and quarterly financial performance
- Preparation of annual credit and industry reviews;
- Presentation of larger, more complex group reviews to Group Credit Committee and Barclays Capital Credit Committee.
- Counterparty/borrower due diligence, including participation in calls on/meeting with counterparties with Relationship Executive or Sales Personnel.
- Attendance at bank meetings/analyst meetings, as appropriate;
- Evaluation and assignment of internal credit grades on an ongoing basis;
- Semi-Annual portfolio review and presentation;
- Continuous development of industry knowledge through research, contacts and participation in seminars.
- Continuous development of product knowledge in accordance with product offerings of the firm.
- Development of personal contacts with all product teams and related support functions.
- Accurate and relevant documentation of required information in all presentations in conformance with Bank policy.
- Processing of all Limits Requests/Product Proposals for the assigned names, preparation of recommendations to senior management for such names;
- Monitoring of limit utilization and excesses over limits; referral of excesses with recommendations to senior management for authorization/endorsement, as necessary;
- Liaising with GFRM Administration Unit staff relative to updating of Global Customer Information System (“GCIS”)/preparation of credit committee presentations; Responsibility for ultimate integrity of GCIS data for assigned names;
- Maintenance and control of credit files for assigned names;
- Liaising with Legal Department on all documentation issues related to individual clients for all products including preparation of appropriate credit terms using the Documentation Information Form (DIF)
Meetings with internal & external auditors and regulators
Qualifications / Education
Essential:
BA Degree (or equivalent)
Preferred:
Master’s degree preferred in finance but not required.
Experience
Essential:
3 to 5 years experience in the Credit Risk Management department covering a variety of counterparties including Investment Advisors, Pension funds, mutual funds, endowments, foundations, charitable organizations etc.
Skills and Aptitude
Essential:
Excellent organizational skills,
Excellent knowledge of all capital markets products including repo, foreign exchange, securities lending and derivatives and good knowledge of the related documentation particularly the ISDA.
Good written and oral communication skills
Able to work in a high volume environment and provide timely responses
Strong attention to detail
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