Credit Risk Manager

We are looking for a Credit Risk Manager with prior experience to join the Financial Institutions/Non-Bank Financial Institutions (FI/NBFI) Credit Sanctioning team. The team covers Banks and Sovereigns; Exchanges and CCPs; Regulated Funds, Hedge Funds and Private Equity; Insurance, and other NBFIs such as Brokers, Fintechs.

The successful candidate will be expected to take a leading role in the analysis of our clients and exposure as well as being actively involved in formulating a fundamental risk appetite to clients/portfolios. Responsibilities will include managing a portfolio of clients primarily based in Europe and approval of exposures within acceptable risk parameters. The candidate will require a solid understanding of both, primary and traded products and markets, as well as associated legal documentation and relevant risk metrics. The role holder will be in frequent communication with business units and their leaders, and will regularly communicate risk levels and appetite to other stakeholders. This will be complemented with direct client interaction and due diligence meetings.

The role is based in Frankfurt or Paris.

Key Accountabilities

• Quantitative and qualitative analysis of counterparty credit quality, risk, and exposure

• Ownership of independent portfolio, leadership of client due diligence meetings, and write-up of annual credit reviews including proposing suitable limits

• Provision of challenge to new credit proposals while maintaining good partnership with Front Office

• Production of ad-hoc portfolio or sector reviews

• Development and improvement of management information

• Training of more junior members of the team and ownership of larger and more complex structured transactions

• Assistance with projects such as process or efficiency improvements

• Contribution to the Bank’s, and in particular the Risk function’s, efficiency and automation drive (‘Consistently Excellent’) and improvement of the control environment

Essential Skills/Basic Qualifications:

• Extensive experience in an FI/NBFI credit risk or related risk management role at a major investment bank/institution

• Bachelor’s degree or equivalent qualification

• Excellent written and verbal communication skills; ability to prepare written analysis plus presentation skills

• Excellent problem-solving skills in order to effectively manage the portfolio

• Deep analytical and technical skills to understand transactions and associated risks, balancing attention to detail and big picture decision making

• Strong risk management experience across derivative and financial markets

• Strong interpersonal skills with the ability to build partnerships with all colleagues

Desirable skills/Preferred Qualifications:

• Master’s degree and FRM/CFA/CAIA qualification

• Previous experience in negotiating legal documentation of traded products and/or loan products

• Governance experience, broad understanding of ERMF

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role is regulated by the Financial Conduct Authority and is deemed as a Controlled Function role under the Central Bank of Ireland Fitness and Probity Regulations and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Purpose of the role

To independently assess and make credit decisions for complex financing transactions, ensuring alignment with the bank's credit risk appetite and regulatory requirements and contribute to the development and implementation of credit risk policies and procedures.

Accountabilities

• Analysis of complex financial information and business models to assess client creditworthiness, repayment capacity, and potential risks.
• Monitoring of the performance of client portfolios, identifying and reporting early warning signs of potential credit deterioration.
• Evaluation of the risk profile of each application considering factors like industry trends, borrower financials, collateral, and market conditions.
• Development and implementation of strategies to mitigate identified credit risks and optimise portfolio performance.

Vice President Expectations

• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.