Credit Portfolio Group Job Description
Credit portfolio group
provides business analysis support to traders, risk managers, trading support personnel and PnL analyst; this includes explaining and justifying Risk, P/L Explain and GL numbers.
Credit Portfolio Group Duties & Responsibilities
To write an effective credit portfolio group job description, begin by listing detailed duties, responsibilities and expectations. We have included credit portfolio group job description templates that you can modify and use.
Sample responsibilities for this position include:
Supporting the trading team and risk organisation in pricing and risk managing credit risk and understanding of model limitations
Advanced credit skills honed through portfolio management, risk management, or research
Proven independent risk management capabilities
Ability to develop forward-looking views of risk, financial markets, and the impact on credit
Ability to take a pragmatic approach to credit risk, synthesize large quantities of information and make a decision
Active management of, and primary responsibility for, the CVA & FVA-related credit and market risk in Asia
Ensure all regulatory requirements pertaining to Credit Risk are met
Provide training on credit risk for internal units
Design and implement state of the art simulation models for counterparty and funding risk calculation
Support dedicated trading desk and risk organization in pricing and management of counterparty and funding risks
Credit Portfolio Group Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for Credit Portfolio Group
Typically a job would require a certain level of education.
Employers hiring for the credit portfolio group job most commonly would prefer for their future employee to have a relevant degree such as Master's and Bachelor's Degree in Economics, Finance, Statistics, Engineering, Business, MBA, Mathematics, Management, Accounting, Physics
Skills for Credit Portfolio Group
Desired skills for credit portfolio group include:
Derivative products from prior experience of working in P&L
GL Hierarchy and Financial Reporting is advantageous
Risk
Basic options pricing
Basic probability theory
Derivatives in at least one asset class
Loan / CDS products and relative value
Trade support function is beneficial
VBA
VBA and Access
Desired experience for credit portfolio group includes:
Enhance portfolio management processes
Learn and keep current in credit and general fixed income markets
Detailed knowledge of derivatives and traditional credit products
MBA and/or CFA designation are pluses as is foreign language proficiency
Oversight of changes in VaR and sVaR vs
Ensure relevant credit policies available and identify those require customization in DBSI for both IBG and CBG segments
Credit Portfolio Group Examples
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Credit Portfolio Group Job Description
Job Description Example
Our company is looking to fill the role of credit portfolio group. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for credit portfolio group
- Risk Management of a complex trading book
- Analysis and reconciliation of risk positions
- Production and maintenance of daily risk and P&L metrics
- Work with Model Risk Group (MRG), Quantitative Research (QR), and Model Governance Group (MGG) to review model limitations and estimate their materiality
- Develop in-house analytics competency, build predictive programs to produce actionable insights with focus on risk rewards balance
- Apply advanced analytics and data mining techniques to monitor and analyse portfolio performance anticipate potential risk and rewards
- Prepare and customize relevant credit policies for review and approval
- Monitor and ensure completion of review prior to policy due date for review
- Coordinate and compile any credit surveys, consultations and QIS from MAS
- Consolidate and review SP forecast and annual budgeting for all locations
Qualifications for credit portfolio group
- Bachelor degree in Banking & Finance, Statistics, Economics or related areas
- Understanding of consumer loan products including product structure/packaging, regulatory requirements, product profitability, performance analysis
- Maintains high standards of integrity & business ethics
- Bachelor Degree in Banking & Finance, Statistics, Economics or any related areas
- Prepare MIS deck for regional reporting (Senior Management reporting)
- Bachelor Degree in any related field
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Credit Portfolio Group Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of credit portfolio group. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for credit portfolio group
- Identify credit portfolio risk drivers, develop heat maps and set triggers/ alerts
- Apply analytics using data and alternative data sources to monitor and analyse portfolio performance dimension risk vs
- Conduct portfolio stress testing to establish portfolio risk tolerance
- Produce best in class model documentation and technical presentation
- Portfolio construction base upon relative value analysis and dialogue with the credit research team
- Manage liquidity requests, portfolio restructuring and other account maintenance
- Analyse Credit Card portfolios for insights for business opportunitities
- Report performance of Credit Card portfolio growth and profitability and participate in planning cycle with management, Finance and other units to ensure consistency with business goals
- Understand cardmembers’ lifecycle and identify business opprtunities through data analysis and campaign result reviews
- Design and implement initiatives including marketing campaigns and system enhancement to maximize portfolio growth, profitability and improve customer experience
Qualifications for credit portfolio group
- 1-2 years of exposure in areas related to consumer credit will be an advantage
- Articulate, preferably with experience in getting buy-in from senior management
- Meticulous with an aptitude for numbers and yet able to have a macro view
- Good knowledge of banking products and their risks
- Strong knowledge of Analytical tools
- PhD in Math, Finance, Physics, Computer Science, Engineering or Master in quantitative finance program or similar
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Credit Portfolio Group Job Description
Job Description Example
Our growing company is hiring for a credit portfolio group. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for credit portfolio group
- To ensure loan acquisition strategies are established at optimal level of risk/ reward balance
- To establish/ maintain appropriate consumer credit risk MIS for new bookings/ portfolio and ensure timely & accurate submission of monthly portfolio performance reporting to management
- To track and analyse portfolio quality to ensure performances are within agreed risk thresholds and where appropriate, review and recommend policy changes to support maintenance of good portfolio performance
- To work closely with Business/ Product Managers and other stakeholders in product and process design to ensure credit risk is properly dimensioned and managed
- To ensure all critical credit risk management controls are in place for all relevant IT projects
- To help guide and mentor the more junior staff in the team, and help bring them up to speed in respect of product knowledge, risk management principles and understanding of overall business dynamics
- Identify, negotiate and implement new opportunities to source collateral on a more efficient basis incorporating Liquidity, Funding and Balance Sheet Costs
- Maintain dialogue with other key areas such as CIB Treasury, Credit Portfolio Trading (CPT), Operations, etc in order to understand internal constraints and objectives and incorporate them into our daily processes and be able to form an opinion when working with Marketing on Structuring Trades or CSA negotiations
- Trading of a range of Rates derivatives
- Curve publication
Qualifications for credit portfolio group
- Programming experience (C/C++ and Python, experience with software release cycle a plus)
- Think strategically about the portfolio management process, strategies, technology, and ways to scale the business
- 3+ years credit market experience
- Strong fixed income knowledge
- Ability to interact and build relationship with people of varied backgrounds, personalities, and levels of seniority
- Proficiency in Microsoft Excel and Bloomberg
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Credit Portfolio Group Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of credit portfolio group. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for credit portfolio group
- Production of regular management reports on risk and P&L metrics
- Involvement in the active management of the CVA & FVA-related risk in EMEA
- Formulating and executing new risk management strategies
- Input into positioning and hedging of FX, interest rates and credit risk
- Daily review and sign-off of the CPT EMEA Risk and P&L reports
- Managing the retained credit risk generated by the client-driven activities of the Corporate and Investment Bank (CIB)
- Execute under the supervision of a Director/Vice President all aspects of a financing, including due diligence process, preparation of detailed credit analyses and required credit application according to policy, evaluation of regulatory and industry risk, historical operating performance, projected operating performance and capital structure
- Management and publication of wider Desk Metrics
- General Desk and project administration
- The individual will be expected to keep up to date with current and future Regulatory changes with a view to identifying future business opportunities
Qualifications for credit portfolio group
- Repo Trading experience preferable
- More than 5 years of working experience in relevant fields
- Bachelor Degree with a minimum of 6 years of working experience in the Credit Cards / Banking Industry is preferred
- Sound knowledge of card products, processes and operations
- Driven in consistently meeting expectations and resourceful
- Good appreciation of financial market trends Good connection of merchants
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Credit Portfolio Group Job Description
Job Description Example
Our company is growing rapidly and is looking for a credit portfolio group. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for credit portfolio group
- Portfolio Structuring and execution
- Business, sector, and technology due diligence supporting venture capital-style investments in, and innovative financing arrangements for, early-mid stage financial technology companies
- Products include consumer unsecured, residential real estate, student loans and other consumer related loans
- Drive growth of credit cards receivables & maximize profitability of the Credit Cards business (interest & fee income mgt)
- Improve customer engagement by focusing on customer lifecycle management, implementing activation, spend lift, balance build & retention programs to increase share of wallet spend & receivables
- Collaborate with internal stakeholders to continuously test new programs, open up new segments, refine target population and oversee profitability of programs
- Oversee credit line management program & related regulatory implementation
- Drive digital initiatives towards digital value capture in line with the Bank’s strategy
- Proactive calendar management, facilitating swift set-up of meetings and timely production/printing of hand-outs
- Shared phone coverage for a busy group, professionally fielding phone calls and redirecting as appropriate
Qualifications for credit portfolio group
- Identify key analytical and deep dive projects that will provide insights into the underlying drivers of BCUS portfolio performance
- Consolidate and utilize existing benchmarking, macro-economic, and industry data sources to create a comprehensive and accurate picture of BCUS in relation to external factors
- Develop recommendations for management direction and business initiatives to address emerging risks within the US Retail portfolio, including Cards, Loans, and Deposits
- Manage and develop a team of experience and highly skilled analytical resources
- Demonstrated experience with analytical and data driven responsibilities
- Proven ability to manage high-performing individuals, identifies talent and develops teams