Job Description

The Associate Director, Senior Risk Officer reviews portfolio projects, validates fair value assessments and communicates trends in the portfolio and lessons learned to management and peers for project selection, broader strategic decision-making and bottom-up stress-testing. The Associate Director, Senior Risk Officer may be responsible to lead, coach and manage junior Equity Risk Officers, analysts and junior bankers rotating through Equity Risk Management Team. The Associate Director, Senior Risk Officer may be required to deputies in the absence of the Director, Equity Risk Management.

Accountabilities & Responsibilities

• Establish an independent and unbiased view on equity proposals presented to the Operations Committee / SBIC and make clear recommendations on each proposal. Prepare and communicate equity risk notes at each stage of approval.
• Analyze the equity case and structure, entry valuations, value creation plan and realism of exit assumptions.
• Review integrity and anti-money laundering issues to ensure compliance with internal guidelines and advise on referral to the Office of the Chief Compliance Officer as required.
• Appraise the validity and reliability of key assumptions of each proposal, including via involvement in the commissioning and review of independent due diligence and travel.
• Ensure projects comply with relevant valuation methodology and guidelines.
• Have the ownership of Risk data in the area of responsibility.
• Exercise independent delegated authority regarding portfolio actions (including certain waivers and amendments), and recommendations to senior management on matters requiring higher level approval (including capital increases, exits, transfers to corporate recovery, etc.).
• Lead proactive and regularly monitoring of the assigned portfolio counterparties, product and market developments.
• Actively and constructively engage with Banking and other relevant staff to ensure adequacy of front-line monitoring, coach Banking when appropriate (including rotation in Equity Risk Management).
• In liaison with other Risk teams lead equity portfolio reviews and provide input to equity portfolio stress-tests. Collaborate with other members of staff; especially in the Banking Department, Finance, the Office of the General Counsel, the Office of the Chief Economist and Banking Equity to ensure effective cross-departmental and business functioning.
• Participate in various executive Bank committees - including the Operations Committee, SBIC, the Equity Committee and the Risk Committee.
• Participate and contribute positively to various initiatives within Risk Management or bank-wide.
• Be an agent of commercial equity culture dissemination in the Bank.

Required Knowledge, Skills, and Abilities

• Strong influencing skills in challenging Banking’s equity strategy, asset selection, structuring and portfolio management.
• Extensive experience, or within six months of starting the job strong knowledge of, equity analysis, relevant markets and best practice.
• Ability to serve as the equity risk expert for equity investments including through provision of operational guidelines to Banking teams.
• Knowledge of emerging markets, ideally CIS, CEE and SEMED. 
• Capability of delivering clear authoritative conclusions in the context of large volumes and tight timescales. Proven skills and track record in autonomous decision-making capacity at a senior level in credit and equity risk in high risk environments.
• Strong written and spoken communication skills and superior financial analysis skills.
• Advanced degree in finance, business, economics or equivalent on the job training.
• People management skills for junior staff under his/her responsibility.