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Credit Analyst – Capital Markets

Investment Bank

This is a Front-Office-Roles position in Cape Town posted November 5, 2013.

PURPOSE OF JOB (SUMMARY):
Responsible for the total credit risk of a portfolio of South African corporate and/or institutional counterparties in order to minimize any potential losses
KEY RESPONSIBILITIES/OUTPUTS:
Responsible for the credit risk management of analyst’s South African portfolio: identifying, measuring, monitoring and managing credit risk for all product types on a single obligor, group and portfolio basis.
• Critical assessment of credit risk of new companies falling in the analyst’s portfolio (the portfolio may change from time to time)
• Identification of transaction and business specific risk and introduction of risk mitigation factors on new transactions
• Perform comparative analysis amongst industry peers to assess a proposed counterpart’s position relative to its industry peers;
• Annual/semi annual/quarterly assessment of credit risk per company in analyst’s portfolio
• Financial analysis and Credit Rating Process to be accurate and updated as and when new information becomes available, using the suite of Moody’sKMV products employed
• Document analysis in the standard Credit Application Format – information should be accurate, complete, comprehensive and of good quality
• Critically and independently making recommendations to the relevant committees
• Close consultation with Credit Portfolio Management (“CPM”) to enable CPM to calculate accurate Risk-Return-Rewards
• Ongoing monitoring of transactional and credit risk aspects in analyst’s portfolio
• Ensure compliance with the Credit Risk Strategy and Policy at all times

Responsible for the monitoring and management of allocated industries
• Assume control over an industry portfolio as allocated per analyst, specialise in industry and secular trends; identify early the onset of problems that could ultimately lead to counterpart failure in the specific industry sectors
• Make recommendations regarding certain cap limits per industry sub-sector
• Assist CPM with proposals on Economic Capital limits per sub-sector

Assist various Risk Departments with the implementation of new transactions
• Assist Compliance Department where necessary with relevant information related to new account opening procedures
• Assist the Legal Department where necessary with the legal implementation of documents
• Assist the Legal Treasury Advisor with information pertaining to Facility Agreements, ISDA, ISMA and CSA documentation

Other
• Ongoing monitoring of limits and exposures in portfolio
• Assistance in resolving breaches
• Interaction with corporate clients on debt funding initiatives
• Maintain credit files (whether hard copies or in electronic format) of counterparts in analyst’s portfolio in good order
• Take responsibility for reporting requirements as allocated from time to time

SPECIAL SKILLS/COMPETANCY REQUIREMENTS:
• Analytical and numerical skills: ability to analyse financial statements and quantify financial risks.
• Ability to produce written reports in order to highlight financial matters of importance.
• Ability to present credit applications and to stand up to the Subcred or similar committees.
• General knowledge of business, industry and the macroeconomic environment and financial markets
• Experience of commercial law principles and ability to assist with the documentary process (with legal assistance)
• Good presentation skills
• Strong organising and planning abilities
• Computer literacy: proficiency in word processing and spreadsheet software
• Ability to interface seamlessly with other team members, both of credit as well as the front office teams

EDUCATIONAL QUALIFICATIONS REQUIRED
• B.Comm / Relevant tertiary business qualification

EXPERIENCE (TYPE, LEVEL, DURATION):
• At least 3-5 years relevant corporate and institutional credit experience in the banking or insurance environment within an overall credit portfolio context
• Previous experience in assessing and monitoring of debt structuring transactions and debt syndications
• Previous exposure to corporate credit processes and procedures essential
• Previous experience in assessing and monitoring of credit derivatives, synthetic credit derivatives

OTHER QUALITIES:
Accountable, Assertiveness, Decisive, Reliable, Committed, Ability to perform under pressure and work to tight deadlines, Pro-active, Adaptable and flexible, Ability to stand up to peers where procedures are not within the guidelines, Attention to detail, Team player, Ability to defuse explosive situations while protecting the integrity of the Credit Analysis Team

Skills Required

  • CreditRiskAnalyst

How to Apply

Please apply online, or forward a copy of your resume to terry@capitaltalent.co.za