Investment Banking: Credit Risk Analyst
| Location | Johannesburg, South Africa |
| Date Posted | April 22, 2020 |
| Category |
Banking
Finance |
| Job Type |
Full-time
|
| Currency | ZAR |
Description
One of the biggest asset managers in Johannesburg has an opportunity available for an investment banking credit risk analyst.
This specialist role is earmarked for an investment banking credit risk analyst able to assess and recommend structured transactions.
Duties & Responsibilities
Key Responsibilities
The responsibilities involved in assessing new opportunities would include, but may not be limited to; initial high level assessment of new deals, gathering all necessary information to put together a detailed credit proposal, meet with management of the borrower, meet with arranging banks, legal advisors, technical advisors, assess and/or build base case financial models, complete written credit proposals, rate counterparties on internal rating systems, present credit proposals to a Credit Committee, review and comment on legal agreements pertaining to the transaction and confirm fulfilment of all conditionality prior to pay-away.
Other responsibilities include:
- Rate counterparties at least annually or as often as circumstances may require
- To operate within a credit risk framework, policies and procedures
- To assist in generating portfolio views, reports including credit rating actions on counterparties and watch list accounts and potential remedial action pertaining to the credit portfolio.
- Identify trends & shifts in the credit risk profile of counterparties within the portfolio.
- Reviewing and commenting on credit proposals compiled by other members of the team as and when required.
- Always being aware of changing markets, both locally and internationally, and the potential impact on a managed portfolio of assets.
- A firm understanding of the importance of building and maintaining a strong working relationship with Origination (front office) colleagues and other members of the company’s Credit Alternatives business in an asset management environment.
- Being able to successfully work on multiple transactions and projects at the same time.
- Offering assistance and expertise to other asset management franchises, from time to time.
Desired Experience & Qualification
Minimum Qualifications & Knowledge required
- Finance degree / relevant tertiary business qualification
- Honours degree is advantageous
- Having operated in a leverage finance environment
- A solid understanding of credit technical and fundamentals including PD, LGD and an ability to assess and reach conclusions on the credit worthiness of new and existing obligors.
- Ability to assess and reach conclusions on the appropriateness of funding legal constructs.
Experience
- Three or more years’ experience in Credit Risk with relevant investment banking leverage finance experience.
- Proven track record and experience in analysing, assessing, writing credit proposals and making recommendations on behalf of a Credit Risk team.
- Experience in being part of the deal execution process.
- Broad exposure to different types of credit assets and analysis is preferable, however specific exposure to securitisation and similar asset backed finance transactions and property finance would be considered advantageous.
- Evaluation and review of credit applications