26.04.2024
Head of Credit Research | Sandton
The Recruitment Council
South Africa, Sandton
Our client is looking for an individual to join their company as the Head of Credit Research. Our client provides investors access to a range of specialist funds and investment opportunities in global markets.Responsibilities:Management:All existing functions performed by the Head of Credit Research. The candidate must take full responsibility for the Credit Research functionPropose and oversee credit research strategy and framework for the company’s businessThe successful candidate will be required to manage a team of credit analysts and their submissions to the relevant investment committees and report to governance committees within the company’s investments related to Credit risk.Management of all credit exposures throughout the company’s portfolios.Responsible for assessment of new transactions where Credit risk is undertaken.Interaction with relevant Legal Advisor to ensure that Legal agreements are concluded for all transactions where credit risk is taken.Management of the company’s Credit Committee and the company’s Credit Governance Committee to ensure smooth running of the committees.Chairing of the company’s Delegated Credit CommitteeManagement of exposure limits, ratings and systems for Credit exposures.Work closely with the Risk department and report directly any breaches in terms of concentrations and risk limitsAttendance, input and interaction at relevant forums, committees etc. related to Credit Risk.Ad hoc requests related to credit research functionClient Engagement:Providing key stakeholders with pro-active research insights into trends, market risk appetite, issues, threats, and opportunities in all credit portfoliosBe proactive in sharing insights across the company’s business and risk cluster in respect of counterparties where Credit exposure is taken.Partnering with business clusters to maintain credit losses, profitability and other credit risk exposuresWork in collaboration with the Head of Credit, to ensure alignment in thinking about credit exposures.Asset Class Knowledge:Provide insight and optimise problem management processes with risk prone investments on the surveillance and watchlistFacilitate the understanding for the suitability of instruments for specific portfolios in accordance with their mandates.Propose strategies for managing identified risks in creditAnalysis:Creation of appropriate credit risk models used for performance monitoring oversightProactively manage credit risk metrics that are identified via risk dashboards and reportingImplement a credit limit monitoring system with Risk.Qualifications & experience:A recognised Mcom/MSc Hons degree in finance, investment management and/or mathematics – other qualifications can be consideredCA(SA), CFA considered favourableMinimum 10 years relevant experience in an asset management environment and exposure to credit portfolio riskExposure to credit risk modellingKnowledge of factors affecting national and global companies and their impact on investorsThorough understanding of the investment process and the risks thereinPersonal attributesSelf-starterStrong people skills needed in order to build trust and confidence within the company’s businessPrior experience in managing a team of credit analysts and in maintaining a high performing and motivated teamGood communication and presentation skillsMust conform to the values of the client and the principles by which the company operatesExcellent attention to detail and accuracy within expected timelinesAdvanced excel skillsFormal behavioural competencies required:Analysis And Attention to DetailMonitoring and MeasuringBuilding Strategic RelationshipsBusiness Insight and Risk AwarenessJudgment and Decision makingCommercial and Financial AcumenInfluencing and ImpactConsulting and AdvisingEnvironmental Scanning (In-depth market knowledge)#J-18808-Ljbffr
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