Accessibility Links

Credit Risk Analyst - CLO

  • Location: London
  • Salary: £40,000 - £60,000 Base
  • Job type: Permanent
  • Job reference: AB/166525
  • Sector: Credit Risk
Job Description

Duties and responsibilities


The Credit Risk Analyst will be responsible for maintaining an accurate portfolio dataset of financial information on the Borrowers in the portfolio for IFRS9 reporting purposes in addition to undertaking the independent review of corporate credits throughout their life cycle as part of the ongoing portfolio monitoring process.


The management of the IFRS9 credit dataset will involve second line of defence validation of information provided by the Credit and Investments team for inclusion in Moody’s RiskCalc model.


The Credit Risk Analyst will be expected to take ownership of the accuracy of the data and be the primary point of contact / ‘local champion’ for this portfolio data, as well as providing recommendations on credit classifications and IFRS9 staging criteria.


The Credit Risk Analyst will also actively participate in the continuous and periodic credit review process. The former will include:

Discussing and resolving issues with the appropriate credit analyst and, as necessary, with others including the wider Credit Risk team and/or the CRO

Highlighting risk issues and ensuring that all relevant points are reflected in a Risk team comment on each set of monitoring information presented by the Credit and Investments team

Ensuring that credit classification status is accurately tracked and that credit and concentration limits are adhered to including keeping relevant departments informed of changes (both from an internal and regulatory classification perspective)

Recommending names for off-cycle review based on market, industry or name-specific developments


Periodic review runs to a monthly cycle, with an additional level of depth once a quarter. The latter will include:

Identification of key names for the most detailed review

Monitoring exposures for any significant increases of credit risk (“SICR”) and non-performing exposure (“Default”) triggers.

Ensuring that meeting materials are accurate and sufficient to allow Committee to make informed decisions on the appropriate course of action, discussing with others in advance as above

Updating credit classification status

Making recommendations for credit provisioning or write-off if appropriate

Responding to ad hoc requests from Senior Management and external stakeholders and undertaking project work as and when requested

Similar jobs
Credit Analyst
  • Location Frankfurt
  • Salary €70,000 - €110,000
  • Job type Permanent
  • Sector Banking
  • Description Our client is a leading global banking group with a well respected investment banking division, they are seeking experienced Credit Analysts to join their growing Frankfurt team.
VP Credit Risk
  • Location London
  • Salary £75,000 Base + Benefits + Bonus
  • Job type Permanent
  • Sector Banking, Asset Management/funds
  • Description My client is a global custody bank with a significant presence in London. They are looking for a credit risk specialist with experience of FI/NBFI credit analysis
Credit Risk Analyst
  • Location London
  • Salary £50,000 - 60,000
  • Job type Permanent
  • Sector Banking
  • Description A specialist Bank is currently seeking a Credit Risk Analyst to oversee their buy-side investment portfolio in the Leveraged Loan Market. The role holder will be responsible for monitoring and
Credit Risk Analyst
  • Location Geneva
  • Salary CHF 90,000 - 120,000
  • Job type Permanent
  • Sector Banking
  • Description Our client is a global financial services company with trading operations focused on Europe, APAC and LATAM. They are seeking a Credit Analyst to lead the analysis of Swiss Counterparties
Related news