Requisition ID 34064 Office Country United Kingdom Office City London Division Risk Management Contract Type Short Term Contract Length 23 months Posting End Date 15/11/2023
Purpose of Job
As a Corporate Credit Risk Officer, you will be at the forefront of independently analyzing and assessing risks across our corporate and project finance debt portfolio. Your expertise will be pivotal in guiding transaction structures, recommending risk mitigation strategies, and ensuring compliance with our stringent banking standards. Collaborating closely with bankers, committees, and various departments, you'll play a crucial role in strategic decision-making and stress-testing exercises
Accountabilities & Responsibilities
The Corporate Credit Risk Officer will work with varying levels of supervision depending on his/her experience and the relevant task on the following:
- Establish an independent and unbiased view on projects and make clear recommendations, or approvals, on each proposal.
- Analyse the key risks of each proposal and advise on risk mitigation measures, structures, tenor, security, covenants and condition precedents, to the project teams and, via credit notes.
- Ensure projects comply with any relevant risk guidelines and prudential limits set by the Bank, and that appropriate ratings are assigned for probability of default and loss given default. Have the ownership of Risk data in the area of responsibility.
- Lead proactive and regularly monitoring of the assigned portfolio counterparties arranged in sector clusters, countries and market developments.
- In liaison with Risk Policy and Reporting, Climate Risk and other Credit teams lead sector portfolio reviews and provide input to portfolio stress-tests.
- Be an agent of credit culture dissemination, including mentoring of bankers on rotation.
Knowledge, Skills, Experience & Qualifications
- Expertise in Risk Management: Proven decision-making capacity in high-risk credit environments.
- Influential Skills: Ability to guide transaction structuring and articulate diverse viewpoints within the Banking team.
- Global Insight: Understanding of emerging markets in CIS, CEE, and SEMED.
- Communication Proficiency: Strong written and verbal communication skills with a good understanding of Excel.
- Educational Background: Advanced degree in finance, business, economics, or equivalent on-the-job training.
- Leadership Experience: Demonstrated skills in people management and mentoring.
Challenges
- Conflicting stakeholders demands.
- Market volatility and economic/political uncertainty.
- Lack of reliable information and uneven quality standards.
- Tight time schedules.
- Effective communication with resident offices across different time zones.
What is it like to work at the EBRD?
Our agile and innovative approach is what makes life at the EBRD a unique experience! You will be part of a pioneering and diverse international organisation, and use your talents to make a real difference to people's lives and help shape the future of the regions we invest in.
The EBRD environment provides you with:
- Varied, stimulating and engaging work that gives you an opportunity to interact with a wide range of experts in the financial, political, public and private sectors across the regions we invest in;
- A working culture that embraces inclusion and celebrates diversity;
- An environment that places sustainability, equality and digital transformation at the heart of what we do.
Diversity is one of the Bankโs core values which are at the heart of everything it does. A diverse workforce with the right knowledge and skills enables connection with our clients, brings pioneering ideas, energy and innovation. The EBRD staff is characterised by its rich diversity of nationalities, cultures and opinions and we aim to sustain and build on this strength. As such, the EBRD seeks to ensure that everyone is treated with respect and given equal opportunities and works in an inclusive environment. The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. As an inclusive employer, we promote flexible working and expecting our employee to attend the office 50% of their working time.