Credit
This sector contains all our credit jobs. Credit professionals are often referred to as 'credit risk managers' 'credit analysts' or 'credit officers', while some banks simply use a seniority level followed by the key word - e.g 'vice president, credit'. Whatever the title, over the course of their credit careers they are essentially tasked with reviewing credit applications from the bank's clients (e.g. corporations wanting to borrow money) or from financial institutions who are the firm's counterparties.
Credit risk is the risk of loss of principle if a borrower defaults on a loan repayment obligation. It arises whenever an individual or company expects to use future income to pay a current debt. Credit risk analysts and professionals help to mitigate this risk by preparing credit proposals and credit reviews, which provide the business with independent assessments about the financial standing of prospective and existing borrowers.
Credit analysts collaborate with the lending team to ensure that credit proposals or extensions are approved or declined in accordance with both the firm's internal credit policies and local regulations. Most lenders use their own models (credit scorecards) to rank potential and existing customers according to risk. Factors such as operating experience, management expertise, asset quality, and leverage and liquidity ratios are taken into account.
The aim is to ensure high credit quality through the structuring, sanctioning, monitoring and control of credit applications, as well as ongoing maintenance of credit standards. It is also the job of credit analysts to perform regular reviews of clients whose credit portfolios require close monitoring. This helps to ensure that any deterioration is quickly recognised and that credit risk is mitigated.
Credit professionals, especially senior ones, maintain close working relationships with the business and must understand their portfolio and risk capabilities. They must also stay up to date with financial analysis and the risk profiles of their assigned sectors, borrowers and counterparties throughout their credit careers. Ultimately, they must balance the desire of front-office sales staff to expand the business, with the need to lend prudently and make sound credit decisions.
There are credit risk issues within different types of transactions - including corporate banking, project finance, structured trade and syndications. And it's not only banks that recruit credit professionals. Private equity firms, for example, use them to manage the credit risk of counterparties and investment-related service providers.
Credit jobs can also be quite specific, such as roles which focus only on counterparty risk and involve due diligence visits to financial institutions to collect credit information. Financial records are analysed on excel spreadsheets so that the bank has a realistic assumption of future operating performance.
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| VP - Risk Management- Tier 1 Bank | Grainger West £100000 - £120000 per annum | UK-London | 16 May 12 |
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VP - Risk Management - Tier 1 Investment Bank - London - six figure package - mandate to build team with a glo...
| Top British Bank Seeks Senior Credit Manager – Financial Institutions – Emerging Markets [London, UK] | Selby Jennings £100-120k (not including benefits and bo... | UK-London | 16 May 12 |
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This firm is seeking a highly experienced Credit Manager to carry out in-depth credit analysis and provide app...
| Top British Investment Banks seeks CVA/PFE Quant | Selby Jennings 70-90k Base salaries (plus bonus and exc... | UK-London | 16 May 12 |
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This Top Global firm is seeking quantitative risk modellers to carry out CVA and PFE modelling for the Front O...
| Global Fixed Income Sales Desk- (London & Singapore) | City Wharf Financial Recruitment £60,000 -£150,000 + Excellent Comm | UK-London | 16 May 12 |
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Our client is a well respected brokerage firm who is urengtly looking for experience candidates with at least ...
| Credit Risk Quantitative Analyst | Standard Chartered Bank NA | UK-London | 16 May 12 |
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| Vice President Senior Analyst - Sub Sovereigns | Moody's Investors Service Ltd Competitive | UK-London | 16 May 12 |
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This is a highly important, visible, market facing and management role; the VPSA will regularly interact with ...
| Credit Analyst, Real Estate Investments - Global Investment Fund | Greenwich Partners Exceptional base and bonus | UK-London | 16 May 12 |
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Top performing credit hedge fund is looking to add an analyst to focus on real estate investments
| Credit Training Manager (1 Year Contract) | Hays Financial Markets c£60,000 | UK-London | 16 May 12 |
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Based out the London office but with an element of UK travel, this is a highly autonomous role reporting into ...
| ABS Sales - Germany / France / Italy / Spain / Scandi | Paul Mandel Recruitment Attractive Financial Package | UK-London | 16 May 12 |
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We are looking for high quality Senior ABS Sales dedicated to European institutional clients (more urgently Fr...
| IG Corporate & Financials Bond Sales UK, London | Millar Associates To £600K+ | UK-London | 16 May 12 |
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My client is a respected non-wall street US Bank & Asset Manager (c $80 Bn AUM, $5Bn Market Cap), building out...
| Associate - Distressed Debt Fund | One Search Ltd Market Compensation | UK-London | 16 May 12 |
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Leading Distressed Debt Fund seeks Associate for London team
| Senior Compliance Manager | Hays Financial Markets £300 a day | UK-London | 16 May 12 |
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Senior Compliance Manager - Northampton Contract opportunity
| Credit Risk Modeller AVP | Hays Financial Markets £50,000 plus exceptional benefits | UK-London | 16 May 12 |
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Exciting opportunity to join this progressive credit risk model team within a premier global financial institu...
| Credit Risk (regulatory)RWA Analyst | Hays Financial Markets £400 to £550 Per Day | UK-London | 16 May 12 |
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A global bank is seeking a Credit Risk specialist with solid exposure to RWA. The ideal candidate will need to...
| Junior Counterparty Credit Analyst | Threadneedle Excellent package + Great Career Progres... | UK-London | 16 May 12 |
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Threadneedle Investments is a successful and growing company managing funds for pensions schemes, insurance co...
| VP Investor Relations and Fund Raising, High Yield and Credit Fund | Greenwich Partners Exceptional package | UK-London | 16 May 12 |
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Superb opportunity to join this top high yield and credit fund in fund raising and investor relations
| Associate - Distressed Fund (Spanish Speaking) | One Search Ltd Market Compensation | UK-London | 16 May 12 |
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This globally renowned fund requires a Spanish speaking bulge bracket associate to join their established and ...
| Real Estate Associate (Distressed Debt) – Hedge Fund | One Search Ltd Market Compensation | UK-London | 16 May 12 |
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This globally renowned credit focused Hedge Fund requires a mid level associate to join their established Prop...
| Financial Restructuring Associate – Leading Global Investment Bank | One Search Ltd £80-90K base + all cash bonus | UK-London | 16 May 12 |
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Our client is currently looking to appoint a new member to their award-winning financial restructuring advisor...
| Financial Engineer | PSD RISK £Attractive renumeration | UK-London | 16 May 12 |
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Global Investment Bank have a new role as part of the continued strategic development of the Risk Analytics Gr...
| RISK ANALYST – GLASGOW (ENTRY LEVEL – ASSISTANT VICE PRESIDENT) | cer Financial £Negotiable | UK-Glasgow | 16 May 12 |
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The risk function was formed in 2011 and is responsible for evaluating, monitoring and controlling Credit, Mar...
| Credit Analyst VP – Corporate Industries | Hudson Banking Excellent base , bonus and very competit... | UK-London | 16 May 12 |
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Global Investment Bank is looking for a Senior Credit Officer to look after a portfolio of Corporate counterpa...
| VP - Credit Risk Reporting / Data Analysis | Hudson Banking Competitive | UK-London | 16 May 12 |
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Leading International Bank seeks experienced Credit Risk reporting professional with strong data analysis skil...
| Java Developer / Senior Java Developer, Scala, Market Leading Investment bank | Montash Limited Up to £120,000 + Bonus + Benefits | UK-London | 15 May 12 |
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Montash Associates have been retained by a world leading Investment Bank, to assist in the search for and acqu...
| Java Developer / Senior Java Developer, Low Level, Multithreading, Market Leading Investment bank | Montash Limited Up to £120,000 + Bonus + Benefits | UK-London | 15 May 12 |
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Montash Associates have been retained by a world leading Investment Bank, to assist in the search for and acqu...
| Senior C# WPF Developer / Front Office C# WPF Technologist – Greenfield Credit eTrading Platform Build Project, Leading Investment Bank | Montash Limited £80k - £120k + £Benefits + £Bonus | UK-London | 15 May 12 |
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Montash Associates have been retained by a prestigious, industry leading Investment Bank, to assist in the acq...
| Senior C# / Java Programmer / Senior C# / Java Application Developer - Greenfield Project, Leading Prop trading Firm | Montash Limited Team Members up to £120k, Team Lead up t... | UK-London | 15 May 12 |
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My clients, an industry leading Prop Trading House, require experienced developers with skills in C# .Net (WPF...
| German Speaking Credit Analyst - Energy Corporates | MC Partners Ltd. Competitive | UK-London | 15 May 12 |
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German speaking (fluent) commodities credit analyst required for growing commodities house.
| EMEA Country Risk Analyst - VP | MC Partners Ltd. Competitive | UK-London | 15 May 12 |
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Leading Investment Bank requires experienced country risk analyst for VP level role.
| Quantitative Specialist Contract | Maze Executive Search & Selection 300 - 375 | UK-London | 15 May 12 |
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Maze Executive is currently working with a global investment bank who is on the market for a quantitative spec...
