Credit Risk Portfolio Monitoring Senior Associate / Associate Director

Infrastructure

City of London

Permanent

£NEG

cer Financial are working alongside a financial services firm, who are based in the City of London. They are seeking a Credit Risk Portfolio / Infrastructure - Senior Associate / Associate Director to work with them on a permanent basis.

The responsibilities will include:

• • Continuously monitor the development of individual portfolio transactions and the relevant markets in general and inform management as well as client of any material developments
  • Regular (at least annual) analysis of key risks including financial risk, operational risk, off-taker/supplier/ guarantor risk, country/regulatory risk and market risk
  • Preparation of clear and concise credit papers (credit review, waivers/amendments)
  • Review/update of cash flow models (incl. base case and downside/stress case scenarios)
  • Prepare internal ratings
  • Preparation of client off colour and watch-list reports discussing trends, remedies, progress, future loan amendments and provide advice regarding possible exit strategies
  • Analyse, evaluate and comment on drawdown requests and transaction related financial, technical and legal reporting provided by borrowers and/or advisors
  • Ensure timely covenant tracking with adequate recording in relevant system (CreditHub/ DocVault/Task Manager)
  • Discuss/negotiate waiver requests, early repayments and restructurings (with senior assistance) with borrowers/agents and other external/internal parties e.g. lawyers
  • Attend site visits and borrower meetings
  • Discuss/negotiate necessary credit and collateral documentation
  • Maintain electronic credit files for respective deals
  • Ensure cash-flows and static data for all deals are correctly forecasted and represented in relevant systems
  • Confident management of external stakeholders / credit partners Surveillance and Reporting
  • Contribute to regular and ad hoc reporting requests
  • Provide input to internal reports
  • Provide guidance and oversight to colleagues in the Loan Management (middle office) team
  • Liaise pro-actively and effectively with different client departments for the respective portfolio
  • Contribute to regular asset and portfolio reporting
  • Observe market for potential service opportunities
  • Contributing to pro-active proposals for new business where applicable
  • Provide services in relation clients portfolio as detailed under service level agreements
  • Support dedicated unit in diligence/onboarding of new portfolios

The successful candidate will have:

• • Must have established previous working experience with a proven track record in a related credit / risk/asset management environment involving infrastructure and energy project finance
  • Good understanding of both project and corporate finance with a solid background in and knowledge of credit risk drivers and risks inherent in the respective borrower industry sectors
  • Solid analytical and technical skills and ability to understand complex loan documentation and financing structures and ability to convey technical (modelling) concepts to both technical practitioners and third parties.
  • Ability to represent MS and its clients and articulate, negotiate and implement decisions, strategies and documentation
  • Good understanding of the main drivers of ratings scorecards / the rating methodologies of the main ‘Big Three’ (Moody’s, S&P, Fitch) ratings agencies in particular
  • High level of familiarity of Excel, Word, PowerPoint and other data processing and analysis tools