Associate - Trading Credit, Corporate Banking

2w2 weeks ago

CIBC

London, GB · Full-time · £75,000 – £110,000

About this role

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and ambitions, empowering you at work to make a meaningful impact.

Support and manage credit relationships for a portfolio focused on large European fund managers and banks in Northern Europe. In time, adopt responsibility for hedge fund relationships and banks in other jurisdictions. Work with trading floor businesses to structure credit facilities mitigating risks in derivatives and trading products.

Build and maintain relationships with CIBC marketers and traders, responding quickly to credit facility requests. Participate in due diligence with Legal, Documentation, trading room marketers, and Risk Management. Provide expertise in credit risk associated with trading floor business products.

Conduct in-depth counterparty, industry, and portfolio analysis. Monitor credit quality and global exposures amid financial, industry, and economic trends. Ensure the portfolio aligns with risk management guidelines and evolving methodologies.

Requirements

Ability to perform in-depth counterparty, industry, and portfolio credit analysis for fund managers and banks
Knowledge of credit risks inherent in derivatives and other trading floor products
Proficiency in monitoring credit quality, exposures, and economic trends impacting portfolios
Experience structuring credit facilities to mitigate trading-related risks
Familiarity with due diligence processes involving legal, documentation, and risk teams
Skill in interpreting financial, industry, business, and market data for credit recommendations

Responsibilities

Conduct in-depth counterparty, industry and portfolio analysis supporting credit relationships for large European fund managers and Northern European banks
Monitor the credit quality and global credit exposure of the portfolio by tracking counterparty financial condition, industry and economic trends
Build and maintain relationships with CIBC marketers/traders and respond quickly to requests for credit facilities from the trading floor
Provide expertise in the area of credit risk associated with trading floor business products
Assist in the on-going monitoring of the terms and conditions of approved credit arrangements and identify changes in client financial condition or business
Participate in due diligence and provide support to Legal, Documentation, trading room marketers and Risk Management
Provide sound, timely, and well-communicated recommendations for credit facilities supported by thorough analysis of financial, industry, business, and market information
Ensure that the portfolio meets appropriate risk management guidelines and remains current with changing methodologies