Risk Manager
Full Time
Job Description
- This Director Level, Risk Manager Role covers the assessment and sign-off of Funds Finance and Insurance Sector Finance lending transactions and portfolios.
- Funds Finance key products are secured RCFs (mainly Capital Call facilities for Closed End Funds).
- Provide backup to other Risk Managers including portfolios that cover Corporate Sector Coverage and Infrastructure Finance.
- Assess proposals from a risk perspective, communicate risk appetite and make recommendations to front office regarding material to be presented to approval signatories.
- Credit assessment and sign-off of transactions from Front Office teams prior to submission to approval signatories.
- Overall review of proposals to ensure technical/policy compliance and data quality.
- Preparation of a credit opinion summarizing key risks and recommending approval (or otherwise) to approval signatories.
- Ongoing monitoring of credit portfolio including approval of customer risk ratings.
- To assist in the day to day running of the credit process to ensure approval signatories receive submissions in a timely manner
- Initiate proper action when necessary in case of possible breaches in covenants, excesses, deterioration in credit profile etc. (also requiring an up-to-date knowledge of sector developments).
- Build deep sector knowledge. Ongoing monitoring of sector trends via available research data and publications.
- Prepare reports and risk appetite statements as may be required.
- Overall responsibility for designated portfolio (including regular reviews of all files).
Required Knowledge, Skills, and Abilities
- Educated to Degree level
- Background in Business or Economics/Finance
- Relevant industry/professional qualifications
- Deep credit risk experience.
- Excellent credit analysis skills.
- Experience in a relevant Front Office or Credit Risk role.
- Experience in the analysis of Insurance companies.
- Experience in the analysis corporates and non-bank FI transactions.
- Understanding of ING’s Risk Policies and procedures.
- Experience in FM products e.g. IRS, FX etc.
- Strong personality, attention to detail, display persuasiveness and seniority/authority.
- Decision making and communication skills.
- Display an independent stance and ability to take bold decisions.
- Ability to work under pressure of tight deadlines.
- Experience in dealing with internal/external stakeholders.
Reference no: 106511