Contact Amy about this job
Find a Job
|Salary||£60k to £80k|
|Sector||Credit & Risk Management|
A global Investment Bank is currently looking for a Counterparty Credit Risk Specialist to join their Global Markets Financing and Counterparty Credit Risk team in London.
Main responsibilities will involve:
Deal screening, detailed review and monitoring of Securitisation Finance lending facilities. You will have a deep understanding of the structures, the assets and the embedded risks and structural mitigants across various EMEA and APAC legal jurisdictions. Asset classes range from auto loans, residential mortgages, consumer credit, credit cards, etc.
Credit risk coverage of structured securities: ABS, RMBS and CMBS
Review of structured securities funding facilities including Repo and Total Return Swap structures
Acting as an interface / SME between counterparty credit officers and the business to set appropriate limits, haircuts and margins as required
Travelling to meet with clients on a regular basis
Qualifications Ideally needed:
Bachelors Degree (or equivalent) in Business, Finance, or Accounting or equivalent experience
Trained Credit Risk person with deep understanding and demonstrable experience in Structured Finance (ABS, RMBS and CMBS) with experience from a Rating Agency and premier Bank. You will also possess excellent knowledge of traded products
Deep understanding of related Structured Finance documentation as well as Trading master agreements
Experience of reviewing a variety of structured transactions including asset based lending facilities and derivatives facing securitisation vehicles
Understanding of counterparty risk measurement, and metrics (expected exposure, etc.) and the ability to factor in non-credit specific issues such as capital and accounting treatment into their risk decisioning
Good knowledge of products such as Intex/rating agency models or an understanding of internally developed cashflow models used to review securitization structures. Solid software skills including Excel, Bloomberg.
Ready to apply for this job? Apply Now