Credit Analyst

This position is responsible for supporting the Credit Analyst team in the U.S. with credit initiation of new clients as well as periodic credit risk assessment of existing clients in the CTA (Commodities, Trading and Agribusiness) portfolio in the U.S. This would include management of team deliverables w.r.t. timely drafting of credit analysis through Business Credit Applications (BCAs) and Group Mandates as directed by the Credit analyst team in the U.S. Led by the Head of Corporate Credit analysts.
- Day-to-Day Responsibilities-
- Support completion of mandatory checklists including Climate Risk Assessment, Environment & Social Risk Assessment and Reputational Risk assessment.-
- Complete Fraud Risk Assessment for all clients including assessment of red flags in the fraud risk report and trade counterparty assessment.-
- For FX limits, complete limit review and substantiation exercise in line with Financial Markets Appropriateness and Credit Term Sheet updates based on RM/Risk feedback.-
- The position is also responsible for managing team deliverables related to assisting U.S. analysts with portfolio credit monitoring activities as follows:- Completion of annual credit reviews of assigned accounts and re-assess key risks and re-evaluate internal credit grade. Ensure zero annual credit review overdues and minimize review extensions.-
- Identify client limits with low / nil utilization and escalate to the respective Relationship Manager for input / additional discussions with product partners and / or clients.-
- Prepare interim BCAs to increase / decrease limits, propose amendments/waivers, refresh financial analysis, update Credit Grade (when required), etc.-
- Support coverage team in structuring deals and present credit proposals in senior business and risk approval committees.-
- Monitor Covenants & Risk Triggers (C&RTs). Raise any breaches under (C&RTs) to Relationship Manager, and Credit.-
- Monitor and assess rating agencies actions including downgrades or outlook changes.-
- Perform credit stress testing on assigned names, when required.-
- Ensure compliance with all internal and regulatory credit / other portfolio related policies in conjunction with GAMs. Support senior Credit Analysts and GAMs in preparing and responding to internal / external audits and regulatory exams.-
- Ensure that all relevant client information, including financials, compliance reports, credit agreement, amendments, credit approvals, dispensations, endorsements, etc., is clearly named and saved in the shared drive in an organized manner.- Key Responsibilities- Discuss overall exposure on the Client, rationale for limits (including lending, trade, corporate finance and FX products), assess overall economic loss and determine business and risk approving authorities.
- Assess the dynamics and nature of the Client’s/Group's business and industry, including key risk aspects.
- Conduct peer analysis and assess the Client’s/Group's competitive positioning within its industry.
- Assess management strength, experience and track record and corporate governance.
- Articulate the Client’s/Group's strategy and an assessment of its clarity and associated execution risks.
- Assess funding strategy, financial policy, treasury activity (hedging, cash management) and liquidity.
- Prepare financial spreads and Internal scorecard to assign internal rating grade to the Client.
- Assess balance sheet strength, alongside cash flow and profitability vulnerability, via trend and ratio analysis.
- Assess other pertinent risk aspects and mitigating factors, including country risk, parental and/or governmental linkage/support, holding company risk, collateral evaluation, covenant structure and cushion analysis, relative ranking of indebtedness, structural and / or contractual subordination aspects etc.
- Conduct leveraged lending assessment in line with U.S. regulatory requirement and support with base and stress case projections to assess repayment capacity over 7 years as well as Enterprise Valuation Analysis (EVA) for high-risk clients.
- Essential Competencies- Analytical strength - to spot emerging risks, in particular forward-looking industry trends.
- Gravitas - to engage with Relationship Managers and Clients alike, have the ability to challenge in a constructive manner.
- Collaborative - to work in partnership with stakeholders to ‘get things done,’ fulfilling the Job Purpose
- Strong analytical ability, focused on the assessment and calibration of credit risk.
- Strong verbal and written communication skills, with proven ability to work across cultures and within a dynamic environment.
- Able to hold credible dialogue at all levels of the organisation, as well as with clients.
- Well organized, able to multi-task and balance competing demands.
- More than 5 years of experience in Credit Analysis.
- Graduates / Graduate calibre.
- Sound knowledge of accounting and financial principles gained by experience or qualification.
- MBA