Our credit jobs are all listed within this sector. Credit job titles are usually "credit risk managers," "credit analysts" or "credit officers," but some banks use a seniority level followed by credit - e.g., "vice president, credit." No matter the title, throughout the course of a credit career, these professionals review credit applications from the bank's clients (usually companies that wish to borrow money) or from other financial institutions who are the firm's counterparties.
Jobs listed here also include credit risk. This is the risk of loss of principal funds if a borrower defaults on loan repayment. Risk is incurred when a person or company plans to use future income to pay a current debt. Credit risk analysts and professionals aim to minimize risk by creating credit proposals and reviews, which supply businesses with impartial assessments on the financial situation of potential and current borrowers.
Credit analysts work with the lending team to make sure that credit proposals or extensions are approved or declined in compliance with the firm's own credit policies alongside local regulations. Most lenders use internal models, called credit scorecards, to judge potential and existing customers according to risk. Various different components such as operating experience, management expertise, asset quality and leverage and liquidity ratios are considered when composing these models.
The goal of a credit professional is to maintain high credit quality through the careful structuring, sanctioning, monitoring and control of credit applications in accordance with credit standards. Credit analysts are also required to keep track of clients whose credit portfolios require careful checking. That way, any deterioration in credit will be quickly detected and the overall risk lowered.
Credit professionals, particularly ones that stand higher within the business, must work closely with the business and understand their overall portfolio and risk capabilities. They should keep current on financial analysis and risk profiles of assigned sectors, borrowers and counterparties throughout credit careers. They must handle the difficulty of balancing the goals of sales staff to expand the business with their own responsibilities to lend carefully and make financially sound credit decisions.
Different types of transactions carry different credit risk issues, including within corporate banking, project finance, structured trade and syndications. Many other firms besides banks recruit credit professionals as well. For instance, private equity firms hire them to manage the credit risk of counterparties and investment-related service providers.
Credit jobs can be very specific. Some positions may work only on counterparty risk. These involve due diligence visits to financial institutions to gather credit information. They then analyze these financial records with excel spreadsheets, providing the bank with a current, realistic estimation of future operating performance.
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| Executive Director - Credit Risk - Leveraged Finance / Corporate Loans | MC Partners Ltd. Competitive | UK-London | 25 May 12 |
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ED required for European Credit Risk Management function. Specialist Investment Grade Loans and LBO team.
| Risk Manager | Huxley Associates £400 - £600 per annum | UK-London | 25 May 12 |
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| Market Risk - Lead Business Analyst | Eames Consulting Risk Attractive | UK-London | 25 May 12 |
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Market Risk, Business Analyst, VaR, Basel, CRD, Top Tier Investment Bank, London
| Credit Risk Data Business Analyst | Eames Consulting Risk Attractive | UK-London | 25 May 12 |
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Business Analyst, Credit Risk, Data, SQL, VBA, Top Tier Investment Bank, London
| Market Risk Manager | Aston Carter £50k - £75k | UK-London | 25 May 12 |
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Leading Investment Bank is seeking a Market Risk Analyst with knowledge of risk management and credit derivati...
| Business Analyst - FICC Middle Office | UBS AG Competitive | UK-London | 25 May 12 |
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An experienced Business Analyst is required to work within a middle office team of a large regulatory program ...
| Middle Office - Structured Credit | UBS AG Competitive | UK-London | 25 May 12 |
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The role will consist in strengthening subject matter expertise and capacity within the team, by providing tec...
| Senior Fixed Income Portfolio Manager | Michael Page Financial Services Competitive Salary plus bonus and benefi... | UK-London | 25 May 12 |
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Our client, a boutique Fund Managementfirm is seeking to hire a Senior Fixed Income Portfolio Manager to join ...
| Transaction and Portfolio Manager | Michael Page Financial Services £50k to £75k | UK-London | 25 May 12 |
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This role is for a Transaction & Portfolio Manager - Project Finance within this International Bank, based in ...
| Real Estate Officer - Corporate Banking | Michael Page Financial Services £35,000-40,000, 1 year fixed term contra... | UK-London | 25 May 12 |
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Real Estate Officer is required by our well known asset recovery bank in London - City to manage & restructure...
| Real Estate Restructuring - Assistant Manager | Michael Page Financial Services 24 month fixed term contract. Up to £50k... | UK-London | 25 May 12 |
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Real Estate Restructuring Assistant Manager required for leading workout bank in London - City
| Real Estate Restructuring - Associate | Michael Page Financial Services 12 month fixed term contract. Up to £37k... | UK-London | 25 May 12 |
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Real Estate Restructuring Associate required for a leading Workouts Bank in London - City
| Director Counterparty Credit Risk | Barclay Simpson £Excellent | UK-London | 25 May 12 |
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An international Investment Bank is looking for a counterparty risk director with good capital markets product...
| Credit Partner, Commercial Banking (Fixed Term) | Hays Financial Markets £75,000 pro-rata | UK-London | 25 May 12 |
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Leading financial services provider making major strides in the commercial banking sector, seeks an experience...
| Counterparty Credit Risk VP/Dir | Hays Financial Markets £90-120,000 | UK-London | 25 May 12 |
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Premier opportunity within the recently established Counterparty Credit Risk team of this top tier investment ...
| Global Fixed Income Sales Desk- (London & Singapore) | City Wharf Financial Recruitment £60,000 -£150,000 + Excellent Comm | UK-London | 25 May 12 |
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Our client is a well respected brokerage firm who is urengtly looking for experience candidates with at least ...
| Credit Risk Analyst, Leveraged/Structured Finance | Carr Lyons Search and Selection Competitive | UK-London | 25 May 12 |
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Our client is looking to hire a Credit Risk Analyst with banking leveraged finance experience.
| Associate – Funds | Carr Lyons Search and Selection Excellent | UK-London | 25 May 12 |
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Our Client is an Interntional Banking Group now seeking to expand it's FIG Business here in London by appointi...
| Credit Analyst - Commodities & Diversifieds | Carr Lyons Search and Selection Excellent | UK-London | 25 May 12 |
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Our Client is an International Banking Group now looking to appoint a Credit Risk Management Executive to cove...
| Restructuring Analyst / Associate | Walker Hamill Upon Application | UK-London | 25 May 12 |
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Our client, a leading corporate bank, is seeking an Associate to join its corporate recovery division to assis...
| IG Corporate & Financials Bond Sales UK, London | Millar Associates To £600K+ | UK-London | 25 May 12 |
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My client is a respected non-wall street US Bank & Asset Manager (c $80 Bn AUM, $5Bn Market Cap), building out...
| Tier 1 Bank seeks Credit Risk Modeller | Eames Consulting Risk £40,000 - 55,000 base, plus bonus | UK-London | 25 May 12 |
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Tier 1 Bank is looking to develop its corporate modelling team with the hire of a AVP level quant.
| Credit Analyst - European Financials | Paragon Executive Intelligence Base / Bonus / Benefits | UK-London | 25 May 12 |
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Our client, a leading Global Investment Manager, is currently seeking to hire a Fundamental Credit Research An...
| Distressed Debt Analyst/Associate | Haworth Lloyd Ltd Base + Bonus to attract the best... | UK-London | 25 May 12 |
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Major credit fund seeks a distressed debt analyst/associate.
| Associate - Distressed Debt Fund | One Search Ltd Market Compensation | UK-London | 25 May 12 |
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Leading Distressed Debt Fund seeks Associate for London team
| Real Estate Associate (Distressed Debt) – Hedge Fund | One Search Ltd Market Compensation | UK-London | 25 May 12 |
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This globally renowned credit focused Hedge Fund requires a mid level associate to join their established Prop...
| Associate - Distressed Fund (Spanish Speaking) | One Search Ltd Market Compensation | UK-London | 25 May 12 |
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This globally renowned fund requires a Spanish speaking bulge bracket associate to join their established and ...
| Financial Restructuring Associate – Leading Global Investment Bank | One Search Ltd £80-90K base + all cash bonus | UK-London | 25 May 12 |
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Our client is currently looking to appoint a new member to their award-winning financial restructuring advisor...
| Portfolio manager/Credit Trader - Hedge fund, buyside, liquid credit | JR FINANCE Base to 140k good terms of business rega... | UK-London | 25 May 12 |
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Leading Hedge fund with over 6bn AUM seeks talented Credit trader for London office
| Director-Sovereigns, Fitch Ratings | Fitch Ratings Competitive | UK-London | 25 May 12 |
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As a Director in Sovereigns you will primarily act as the 'primary analyst' for maintaining a portfolio of 5 t...