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Corporate Credit Analyst
Corporate Credit Analyst
International Bank / Sandton Based
About Our Client
Today, our client's principal activity is global banking and markets, which is managed out of the regional hub in Johannesburg. The corporate and commercial banking business offers services to large local and international corporates.
In markets, through our client's knowledge of local markets, coupled with their global reach, enables them to provide a comprehensive and bespoke service across every major asset class. Specifically, they offer clients access to Equities, Fixed Income including Credit and Rates, Foreign Exchange, Commodities and Prime Services, in addition to Research, across both developed and emerging markets.
Impact on the Business:
Ensure relationships among the Credit Analysis Unit, Client Management, Credit Risk, and RMs is strategically forward looking, highly collaborative and productively engaged towards mutual business outcomes.
Provide the highest quality, forward looking and professional Credit analysis and Credit-associated tasks to CMB & GBM for the specific country's portfolios and new business transactions which either meets or exceeds HBSC standards and is at all times aligned with pertinent FIMs / BIMs.
Customers / Stakeholders:
GB&M (RMs, Business Heads, COOs, Product teams, etc.); and Credit Risk
Leadership & Teamwork
Provide clear and thoroughly considered guidance to the RMs and other teams connected to credit work as required or relevant, to ensure any revision to operating practices or processes is appropriately agreed by all stakeholders and communicated effectively to avoid the risk of any misinterpretation, ensuring a consistently high standard of finished product is achieved for the UK and stakeholder expectations are exceeded.
Support regulatory and business management initiatives where Credit Analysis Unit-specific expertise is required
Support recommendations for the evolution of Credit Analysis Unit within BMO
Encouraging a positive working environment by encouraging efficient performance.
Operational Effectiveness & Control
Provide clear and considered Credit risk guidance to the RM teams and other key stakeholders.
Provide the highest quality, forward looking and professional Credit Analysis and support for Credit-related tasks (as agreed) to GB RMs in the your country in line with broader geographic strategies as agreed from time to time including (but not limited to):
Close engagement and collaboration with in-country RMs to ensure client intelligence is shared with CAU with a view to more comprehensive credit submissions;
Thorough analysis of GBM client financials, operating information, industry and market data to produced well-considered proposals including risks and mitigants and analysis recommendation to support (i) new on-boardings, (ii) new money requests and (iii) annual credit reviews; and
Consistent application of standards as laid down in the DIM/PLA, ensuring required quality standards are constantly met (including adherence to credit renewal timelines and KPIs).
Maintain the Group's Internal Control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.
Be aware of the Operational Risk scenario associated with your role and act in a manner that takes account of operational risk considerations.
Drive the contribution of regional Credit Analysis Unit business requirements across a diverse portfolio
Thorough planning and effective management of credit request and renewal pipeline.
Ensuring strict adherence to:
Requirements of the Group's FIMs (including but not limited to GB&M and Risk), and relevant BIMs and DIMs;
Credit policy and procedures;
Credit Analysis Unit established Roles & Responsibilities and Desk Procedures;
Ensure compliance with Credit Analysis Unit annual review timelines.
Ensure compliance of GB&M annual review KPIs
Ensure compliance with Credit Analysis Unit budgets and controls
Successful audits of businesses and geographies supported
The Successful Applicant
-Relevant tertiary qualification
-Minimum of 5 years' senior corporate credit analysis experience within the Banking industry
-Proven ability to prioritize competing demands. The individual must be able to make quality and objective decisions and has to balance the needs of the business as well as operational and compliance issues and take cognizance of Group and local policies.
-Must have exceptional credit writing and communication skills. Must be able to articulate the necessary message to stakeholders
-Excellent analysis, and problem solving skills.
-Good knowledge of banking products i.e. credit/treasury products, including general terms, conditions and inherent structural risks
What's on Offer
R700,000 - R850,000 + Performance bonus