Senior Credit Risk Specialist (Commercial Mortgage Loans)

20 Feb 2019
20 Mar 2019
Contract Type
Senior Credit Risk Specialist (Commercial Mortgage Loans Focused) opportunity to be based in London, Telford or Hitchin.

I am looking to speak with Senior Credit Risk Specialists (Commercial Mortgage Loans Focused) who would like to make that next career move by joining a market leading Financial Services organisation.

The Senior Credit Risk Specialist will be reporting into the Risk Management Head of Investment Oversight and be responsible for Commercial mortgage loans focused credit risk analyst to play a leading role in the identification, measurement, monitoring, management, controlling and reporting of credit risk.

What does the Successful Senior Credit Risk Specialist look like?

Strong fundamental and technical skills to assess credit risk within illiquid asset classes and of corporate bonds

Ability to think critically, independently and creatively. Ability to think 'outside-the-box' - propose new analytical approaches to new asset classes and challenge the existing rating approaches, when needed, to improve effectiveness and the overall quality of Reassure Internal Rating framework

Excellent communication and influencing skills (both written and verbal)

Ability to challenge status quo in effective and constructive manner

Demonstrable ability to work constructively in a diverse and multicultural team environment

Strong understanding of credit risk assessment, management and mitigation techniques

Knowledge of Rating Agencies methodologies and how to interact with them.

Financial modelling background and proficient use of Excel and macros

Knowledge of UK long-term life insurance business, including annuities, unit-linked and with-profits

Knowledge of life reinsurance structures

Detailed knowledge of Solvency II including matching adjustment and volatility adjustment

Detailed knowledge of UK regulatory issues and requirements in both conduct of business and prudential arenas

Knowledge of illiquid asset classes e.g. infrastructure debt, commercial mortgage debt, social housing loans

Ability to assign probability of default and loss given default as necessary on individual transactions

Sound knowledge of Solvency II framework

Minimum 5 years' experience of credit risk management

Candidate will have a solid academic track record (university degree or higher), a minimum of 5 years' experience in the assessment of credit risk within either a commercial/investment bank or re-/insurance company and well-developed PC/internet literacy

Core credit assessment training and experience in assessing and evaluating corporate, or ideally project, creditworthiness, including of downside scenarios, structural or business mitigations

Experience in looking at private debt transactions, with their complex capital structures, knowledge of and rationale behind key loan security terms, covenant setting and scenario testing.

Previous experience of Structured Finance Transaction experience required, preferably at a Bank.

Previous experience rating structured transactions such as infrastructure or commercial loans

Practical experience of credit rating analysis

Experience of presenting to management committee and Board committee meetings

This is a fantastic opportunity to join a growing organisation and further develop your career. Please contact Nick Singh on (phone number removed) for a confidential discussion around the package on offer and for a detailed job description, or email with your recent CV