Credit Risk Management Job Description
Credit Risk Management Duties & Responsibilities
To write an effective credit risk management job description, begin by listing detailed duties, responsibilities and expectations. We have included credit risk management job description templates that you can modify and use.
Sample responsibilities for this position include:
Credit Risk Management Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Credit Risk Management
List any licenses or certifications required by the position: FRM, CFA, PMO, SAS, OSHA, PRM
Education for Credit Risk Management
Typically a job would require a certain level of education.
Employers hiring for the credit risk management job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Economics, Business, Accounting, Statistics, Mathematics, Engineering, Computer Science, MBA, Education
Skills for Credit Risk Management
Desired skills for credit risk management include:
Desired experience for credit risk management includes:
Credit Risk Management Examples
Credit Risk Management Job Description
- Exposure reporting for the UK Legal Entities
- Review and distribution of UK Legal Entity reporting
- Enforcement of Credit Policies and control frameworks
- Develop and maintain financial models and assist in daily monitoring of borrower’s business and financial performance through monitoring of financial and industry information, regulatory changes, third party analysis including rating agency publications, and other early warning signals
- Regularly meet with clients, lead in person due diligence visits and maintain relationships
- Diary management, co-ordination of meetings & appointments as required for multiple directors
- Lead the CRM Risk ID and Scenario Team of 3-5 personnel
- Writing credit reviews and assessing the credit and financial strength of the firm’s trading counterparts for a particular industry portfolio (for instance, hedge funds, funds, pension funds)
- Making recommendations for assigning internal credit ratings and setting limits for the firm’s overall credit risk appetite
- Providing quantitative and qualitative credit risk analysis, including financial and risk modeling, the assessment and mitigation of specific transaction or industry risks, and the evaluation of covenant compliance, liquidity and other transactional considerations
- Statistical model development and ongoing monitoring of the models
- Perform adhoc analysis on the Bank portfolio to analyze the impact of changes in Basel and Central Bank UAE regulations
- Retail scorecard development, validation, implementation and monitoring for application and behavioural scores
- Reasonable understanding of Global Market products traded, including Interest Rate Derivatives / Credit Derivatives / Foreign Exchange/ Options / Fixed Income and Money Market
- Responsive/flexible working methods
- Experience in Credit, IS and/or TS Risk Management
Credit Risk Management Job Description
- Support in the various regulatory risk reporting tasks/projects
- Gather, organize and assess data from different sources in order to identify data gaps and discrepancies
- Analyze deliverables necessary for CCAR CRM as a whole and work with relevant Credit Risk Officers
- Reconcile model output from the PD, LGD and Loss Estimation models in order to identify potential issues and provide recommendations for remediation to CRM senior management
- Coordinate and facilitate the documentation for the CRM CCAR initiative
- Present/Report data findings to senior management
- Facilitate workshops with the lines of business to assess credit risk and to coordinate reconciliation procedures
- Create reports to analyze the drivers of loss estimates
- Facilitate & lead discussions addressing critical topics throughout the stress testing process
- A key objective is to be an experienced change agent at examining CRM’s budget footprint, processes and procedures, workflows, and help drive the effort for continual improvement and optimization
- Adjudicate credit applications submitted by Private Banking through the CLASS and iCap credit platforms within a delegated lending authority
- Partner closely with Private Banking around their credit opportunities ensuring a complete understanding and line of sight to of all relevant information prior to making adjudication decisions
- Ensure effective communication is maintained throughout the credit adjudication process
- Provide effective advice and guidance from an adjudication perspective to help identify an acceptable level of credit risk on potential credit opportunities being considered by Private Banking
- Identify deteriorating credit relationships and partner with Special Loans / Client Account Management to develop an appropriate solution
- In partnership with the Senior Director, Credit Risk Management, recommend changes to existing credit policy and operational guidelines related to Private Banking credit
Credit Risk Management Job Description
- Possess an understanding of trading documentation
- Be comfortable being self directed in a fluid environment
- Collaborate with parallel teams in Market Risk, Credit Analytics, Enterprise Risk Management, and front office on various horizontal projects, coordinate model production, and challenge results
- Monitor developments across specific industry sectors, identifying major risk factors and investigate any adverse developments that may affect portfolio
- Assist in maintaining a constructive partnership relationship with CB and wider lines of business in order to support them in achieving their strategic plans
- Work closely with Legal, Compliance, COO office and Business on credit related issues including credit documentation, implementation of new regulatory requirements, change of credit policy & guidelines
- Work with senior Credit Risk officers to incorporate and adhere to CRM reporting standards Federal reporting mandates (Basel/CCAR) requirements
- Contribute to the implementation of an enhanced E-Trading Credit Risk Management Framework, including leading core workstreams
- Independently drive the identification, analysis and management of credit risks from electronically traded products
- Assess credit risks associated with E-trading activity across counterparties and products, including intraday credit risk monitoring and new products / systems
- Languages – English fluent (additional language skills could be a benefit but are NOT a requirement - French, German, Spanish)
- Lead and assist in negotiating and finalizing documentation for loans and derivatives
- At least 3 years of experience in Data Management—Data Support (includes Business Analysis and Sql Experience)
- Ability to communicate concepts and present clearly to Senior Management and Executives
- Advanced knowledge in designing process and documentation for data requirement gathering
- Knowledgeable in the principles of project management, SQL and databases
Credit Risk Management Job Description
- Set credit risk limits per client, product and portfolios of clients/products in accordance with the Firm’s risk appetite
- Transaction analysis and credit approval including credit risk mitigation and documentation requirements
- Review intraday risk limit framework and utilization
- Perform stress testing and analysis of results
- Contribute to policies and procedures that clearly document CRM’s responsibilities in E-trading
- Represent CRM in committees on electronic trading
- Provide ad-hoc and regular reporting to CRM’s senior management
- Meet with clients to understand the clients’ situation, exposure, and collateral to establish an initial course of action for account resolution
- Work closely with credit officers and underwriting teams to calculate defensible, accurate, and consistent enterprise valuations
- Ensure consistency and defensibility of all enterprise valuations performed in the commercial portfolio
- Knowledgeable in credit risk management
- Experienced in attaining collaboration from different groups directed to change leadership
- At least 3 - 4 yrs of experience in back office operations
- Effective & good communication skills
- Proficient in both written and verbal communication skills in English and Japanese is a must, given this role would be supporting Japan amongst other markets
- Prior experience within Credit Risk, assessing credit worthiness, and providing risk assessment would be preferred
Credit Risk Management Job Description
- Provide Credit policy and systems advice to key stakeholders
- Participate in or initiating/driving ad-hoc clean-up credit line inconsistencies and assist Risk Operations in the setup of TS credit lines
- Support the Treasury Services Crisis Management Processes (Rapid Exposure Drills) and TS related ad-hoc queries / investigations
- Work with Technology, Projects and Controls stakeholders to deliver process / systematic changes to reduce control gaps and streamline workflow
- Coordination of incoming enquiries and point of contact for the dedicated BRM/ CRM team providing uniform communication to relevant stakeholder
- Preparing, coordinating and distributing reporting and other management information
- Deliver consistent data quality and ensure timely delivery of the reports
- Focus on processes of medium complexity processes and reporting requiring detailed interpretation & understanding of information provided to formulate reports and presentations
- Preparation and regular review of credit ratings, key figures and reporting for a defined portfolio
- Ensuring that all issues are centrally and effectively coordinated and actioned and that all recurring issues are centrally tracked
- Understanding of credit analysis and transaction approval for corporates beneficial
- University degree majoring in business/Finance/Accounting, with a solid work history including at least 5 years of business banking or credit experience
- Familiarity with capital markets products credit trading, FX, rates and experience with trade finance a plus
- Experience with legal documentation such as ISDA, CSA, GMRA is desired
- Expertise regarding technology application control disciplines and a solid understanding of Credit Risk Management concepts
- At least one year (preferably two) of financial industry experience, ideally in a control type of role