Associate - Trading Credit, Corporate Banking

2w2 weeks ago

CIBC

London, GB · Full-time · £65,000 – £90,000

About this role

CIBC is building a relationship-oriented bank for the modern world, seeking talented professionals dedicated to clients. The role supports and manages credit relationships for a portfolio focused on large European fund managers and European banks. In time, expand to other NBFI industries and banks in additional jurisdictions.

Work with trading floor businesses to structure credit facilities mitigating risks in derivatives and trading products. Conduct in-depth counterparty, industry, and portfolio analysis. Monitor credit quality and global exposure amid financial, industry, and economic trends.

Build relationships with CIBC marketers and traders, responding quickly to credit facility requests. Participate in due diligence with Legal, Documentation, trading room, and Risk Management. Thrive in a challenging environment demanding rapid responses under time pressures.

Provide expertise in trading floor credit risks and sound recommendations based on thorough analysis. Ensure portfolio adherence to risk guidelines and evolving methodologies. Partner with trading personnel to deliver timely client results while focusing on detail in financial reviews.

Requirements

Develop and maintain high level of knowledge of derivative and other trading floor business products
Assess factors affecting customer risk profile quickly to make timely decisions
Work in challenging environment with time pressures demanding rapid response to trading floor requests
Focused attention to detail when reviewing financial information and preparing credit applications
Work in team environment sharing skills and knowledge
Minimum 2 years experience in credit risk analysis for fund manager/fund clients and/or bank counterparties
Sound knowledge of derivatives documentation, notably ISDA

Responsibilities

Conduct in-depth counterparty, industry and portfolio analysis supporting credit relationships for large European fund managers and banks
Monitor 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 credit risk associated with trading floor business products
Assist in ongoing monitoring of terms and conditions of approved credit arrangements and identify changes in client financial condition or business
Participate in due diligence and support activities involving Legal, Documentation, trading room marketers and Risk Management
Provide sound, timely recommendations for credit facilities supported by thorough analysis of financial, industry, business and market information
Ensure portfolio meets risk management guidelines and stays current with changing methodologies