Risk Specialist

Location: City Of London

Job Description:

Job Title Risk Specialist Location London Corporate Title Assistant Vice President For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management division.

The Risk Specialist position is within the Risk Management Department of the International Private Bank / Wealth Management What we’ll offer youA healthy, supported workforce performs at its best, so we put your development and wellbeing at the heart of our workplace.

You can expect:

Hybrid working, allowing eligible employees to work remotely for part of their time and choose a suitable working pattern

Competitive salary and non-contributory pension
30 days’ holiday plus bank holidays, with the option to buy more

Life assurance and private healthcare for you and your family

Flexible benefits, including retail discounts, Bike4

Work and gym benefits

Opportunities to support a broad CSR programme, plus two volunteering days a year

Your key responsibilities

Partner with Lending and Client Advisors to grow the Wealth Management lending book by structuring non-standard transactions, reviewing term sheets and bespoke documentation, and proposing risk mitigants. Advise front-office staff on credit approvals, requirements and relationship matters to manage risk and achieve optimal solutions.

Portfolio coverage will primarily comprise complex structured loans including lending against unlisted / unrated / illiquid securities; holdco / mezz structures with heavy reliance on operating cash flows of the company whose shares have been pledged as well as regular large Margin Lending esp. against illiquid, non-investment grade rated securities as well as Commercial Real Estate Loans. Review will often require fundamental equity / collateral valuation including Discounted Cash Flow (DCF) based review

Maintain portfolio quality through robust portfolio management and ensure concentrations and limits remain within risk appetite, policies and regulations. Manage daily lending-value shortfalls, monitor bookings, covenants and conditions, ensure credit terms are correctly documented, and keep risk systems accurate and up to date.

Work with both internal and external auditors to ensure that audits progress smoothly and that any issues raised are resolved promptly.

Credit authority under 4-eye principle targeted. Provide timely, transparent communication on the decision-making including risk analysis and approval conditions to the key stakeholders

Your skills and experience

Experience in structured finance and corporate / investment banking credit in major International Financial Institutions. Commercial Real Estate credit experience will be highly welcomed. Good understanding of WM products, alternative and illiquid investments (Private Equity, Private Debt, Infrastructure, Real Estate, Hedge Funds) and their key risk and valuation drivers.

Good knowledge and experience with fundamental credit analysis, valuation methodologies (DCF, Comparable/Multiple Approach). In addition to understanding loan structures and loan documentation, also possess knowledge of structured financial products, derivatives and associated risks.

Strong written and verbal communication, with concise reporting skills. An analytical, independent decision-maker who can support and defend conclusions while remaining open to opposing stakeholder views.

Collaborative, flexible and self-motivated, with the ability to meet deadlines under pressure and work effectively with…