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Credit Risk Analyst

Information About This Job

Job Title: Credit Risk Analyst
Contract Type: Permanent
Location: London
Contact Name: Mark Foy
Contact Email:
Job Published: 3 months ago

Job Description

Seeking: Credit Risk Analyst to join the Risk and Information team of a London based asset management firm.


The Role

The successful candidate will provide credit analytical support to the Chief Risk Officer in relation to the regulated funds and the portfolio management services managed and overseen by the firm, in particular in relation to the UK Money Market Fund.

You will have the opportunity to gain exposure to market, liquidity and operational risk analysis, monitoring and reporting as part of a diverse information and risk management team.

Some travel required to attend relevant meetings, generally in London.


Key Responsibilities

UK Money Market Fund credit risk monitoring

  • Manage the independent monitoring processes to ensure the fund is in compliance with EU Regulation 2017/1131

  • Maintenance of the money market approved issuer list

    • issuer credit analysis

    • credit spread monitoring

    • model development

  • Expand the credit risk monitoring processes to include, inter alia sensitivity analysis and risk vs reward metrics

  • Identify ways to present the credit risk data in formats which draw attention to key changes and promote assimilation of data by the recipient

  • Preparation of credit risk reports for the Funds Risk Management Committee

  • Assist in the design and production of ad-hoc reports

  • Provide analytical support for the Chief Risk Officer

  • Assist in research connected with new products or projects

  • Maintain up to date procedures


Outsourcing Counterparties

  • Undertake an annual credit analysis of the counterparties used to perform key outsourced services


Broker Counterparties

  • Review the credit analysis compiled by an external agency and make recommendations


Market, liquidity and operational risk monitoring and reporting

  • Assist in the preparation of risk reports for the Funds Risk Management Committee

  • Assist in the development of risk reports and processes

  • Assist in the design and production of ad-hoc reports


Regulatory / Industry knowledge

  • Keep up to date on regulatory and industry changes, ensuring that the credit processes remain fit for purpose and in line with market best practice


Skills & Experience

Education / Qualification

  • Degree educated and an appropriate professional qualification (ACA, ACCA, CFA, CAIA)

  • Experience working (minimum 2 years) in an investment management or other financial environment covering credit analysis of banks (both retail and investment) and financial brokers

  • Knowledge of credit rating methodologies

  • Ability to form an independent view on credit strength

  • Very strong mathematical, analytical and numeracy skills

  • Ability to communicate clearly and effectively – both written and verbally

  • Strong presentation skills

  • Strong interpersonal and influencing skills

  • Ability to plan own workload effectively as well as strong organisational and planning skills

  • Detail oriented with a structured approach to tasks

  • Understanding of regulatory environment

  • Ability to work under pressure and adhere to strict timescales

  • Ability to work in a team but with a high level of work autonomy

  • Enquiring mind with the ability to recognise and challenge unusual data points

Ref: | Published: 08 May 2019