Senior Credit Analyst - California, United States - Wesbank

Description

Ashburton Investments is a new generation investment manager that offers investors access to more sources of return and more ways to manage risk.

In the institutional space in South Africa as well as our Global business, we pride ourselves on offering solutions to address clients' holistic balance sheet needs, and to support business strategies in the reallocation of investment capital in the face of increasing regulatory pressures.

We see institutions as but not limited to, pension funds, long and short-term insurers, re-insurers, as well as medical aid schemes.

The Credit Research function oversees the credit exposures within the Ashburton Investments portfolios/mandates.

This includes but is not limited to credit co-investment funds as well as full discretionary mandates for both local and offshore in both the listed and unlisted space.

This role reports to Ashburton Investments Head of Credit Research.

The Senior Credit Analyst will work closely with the Risk function in Ashburton to ensure all breaches per credit limits are reported timeously, and specific action is taken to address the breaches.

Are you someone who can:
Critical to this role is the management of credit default rates. This role requires the incumbent to display strong analytical insight coupled with in- depth credit knowledge .
Credit Research
All existing functions performed by the Senior Credit Analyst.
Manage the planning, execution and governance for new and annual credit reviews/ratings and deal transactions.
Review and quality control submissions by Junior Credit Analysts to the relevant investment
Presentation, support, and enablement of team members at relevant governance forums.
Responsible for assessment of new transactions where Credit risk is undertaken.
Proactive engagement with deal teams on complex deal transactions around structure, covenants and pricing

Interact with relevant Legal Advisor to ensure that Legal agreements are concluded for all transactions where credit risk is taken.

Review of exposure limits, ratings and systems for Creditexposures.
Ensure team compliance with the bank's credit risk framework, lgd models and prudential limit guidelines
Work closely with the Head of Credit Research in the management and reporting of breaches in terms of concentrations and risk limits
Attendance, input and interaction at relevant forums, committees etc. related to Credit Risk.
Participate as a voting member on the assigned credit committee
Make recommendations to optimise credit processes and "ways of working"
Ad hoc requests related to credit research function
Client Engagement
Providing key stakeholders with pro-active research insights into trends, market risk appetite, issues, threats, and opportunities in all credit portfolios

Be proactive in sharing insights across the Ashburton 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 exposures
Work in collaboration with the Portfolio Managers, to ensure alignment in thinking about credit exposures.
Provide insight and optimise problem management processes with risk prone investments on the surveillance and watchlist
Facilitate the understanding for the suitability of instruments for specific portfolios in accordance with their mandates.
Propose strategies for managing identified risks in credit
Analysis
Ensure the analysis, identification and mitigation of counterparty exposures and mitigations through detailed knowledge of environmental factors.
Have a detailed knowledge of the critical key macro environmental impacts and inter-relationships e.g. jurisdictional compliance, sector developments, regulations, financial markets, country risk
Understand and apply/translate the critical micro-environmental impacts and relationships e.g. company performance trends, financial data, debt profile, gearing, projected cash flows, operations
Proactively manage credit risk metrics that are identified via risk dashboards and reporting
Provide technical support in the implementation of a credit limit monitoring system with Risk and Operations.

You will be an ideal candidate if you:
CA(SA), CFA considered favourable.
Minimum 5 years relevant experience in an asset management environment and exposure to credit portfolio risk
Exposure to credit risk modelling
Knowledge of factors affecting national and global companies and their impact on investors
Knowledge of risk management methodologies, tools, governance structures and regulatory requirements
Thorough understanding of the investment process and the risks therein

You will have access to:
Opportunities to network and collaborate.
Challenging working environment
Opportunities to innovate.

We can be a match if you are:
Strong people skills needed in order to build trust and confidence within the Ashburton business.
Good communication and presentation skills
Must conform to the values of FirstRand and the principles by which Ashburton Investments operates.
Are you interested to take the step? We look forward to engaging with you further.
#Post
#Ashburton
#LI-CS2
Application Closing Date
06/05/24

Job Description

Hello FutureSenior Credit Analyst

Ashburton Investments is a new generation investment manager that offers investors access to more sources of return and more ways to manage risk.

In the institutional space in South Africa as well as our Global business, we pride ourselves on offering solutions to address clients' holistic balance sheet needs, and to support business strategies in the reallocation of investment capital in the face of increasing regulatory pressures.

We see institutions as but not limited to, pension funds, long and short-term insurers, re-insurers, as well as medical aid schemes.

The Credit Research function oversees the credit exposures within the Ashburton Investments portfolios/mandates.

This includes but is not limited to credit co-investment funds as well as full discretionary mandates for both local and offshore in both the listed and unlisted space.

This role reports to Ashburton Investments Head of Credit Research.

The Senior Credit Analyst will work closely with the Risk function in Ashburton to ensure all breaches per credit limits are reported timeously, and specific action is taken to address the breaches.

Are you someone who can:
Critical to this role is the management of credit default rates. This role requires the incumbent to display strong analytical insight coupled with in- depth credit knowledge .
Credit Research
All existing functions performed by the Senior Credit Analyst.

Manage the planning, execution and governance for new and annual credit reviews/ratings and deal transactions.

Review and quality control submissions by Junior Credit Analysts to the relevant investment

Committees
Presentation, support, and enablement of team members at relevant governance forums.

Responsible for assessment of new transactions where Credit risk is undertaken.

Proactive engagement with deal teams on complex deal transactions around structure, covenants and pricing

Interact with relevant Legal Advisor to ensure that Legal agreements are concluded for all transactions where credit risk is taken.

Review of exposure limits, ratings and systems for Creditexposures.

Ensure team compliance with the bank's credit risk framework, lgd models and prudential limit guidelines

Work closely with the Head of Credit Research in the management and reporting of breaches in terms of concentrations and risk limits

Attendance, input and interaction at relevant forums, committees etc. related to Credit Risk.
Participate as a voting member on the assigned credit committee

Make recommendations to optimise credit processes and "ways of working"

Ad hoc requests related to credit research function

Client Engagement
Providing key stakeholders with pro-active research insights into trends, market risk appetite, issues, threats, and opportunities in all credit portfolios

Be proactive in sharing insights across the Ashburton 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 exposures

Work in collaboration with the Portfolio Managers, 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 watchlist

Facilitate the understanding for the suitability of instruments for specific portfolios in accordance with their mandates.

Propose strategies for managing identified risks in credit

Analysis
Ensure the analysis, identification and mitigation of counterparty exposures and mitigations through detailed knowledge of environmental factors.

Have a detailed knowledge of the critical key macro environmental impacts and inter-relationships e.g. jurisdictional compliance, sector developments, regulations, financial markets, country risk

Understand and apply/translate the critical micro-environmental impacts and relationships e.g. company performance trends, financial data, debt profile, gearing, projected cash flows, operations

Proactively manage credit risk metrics that are identified via risk dashboards and reporting

Provide technical support in the implementation of a credit limit monitoring system with Risk and Operations.


You will be an ideal candidate if you:
CA(SA), CFA considered favourable.

Minimum 5 years relevant experience in an asset management environment and exposure to credit portfolio risk

Exposure to credit risk modelling

Knowledge of factors affecting national and global companies and their impact on investors

Knowledge of risk management methodologies, tools, governance structures and regulatory requirements

Thorough understanding of the investment process and the risks therein


You will have access to:
Opportunities to network and collaborate.
Challenging working environment
Opportunities to innovate.

We can be a match if you are:
Self-starter

Strong people skills needed in order to build trust and confidence within the Ashburton business.

Good communication and presentation skills

Must conform to the values of FirstRand and the principles by which Ashburton Investments operates.

Are you interested to take the step? We look forward to engaging with you further.
#Post
#Ashburton
#LI-CS2
Job Details

Application Closing Date
06/05/24

All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis.

The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

Introduce yourself to our recruiters and we will get in touch if there's a role that seems like a good match.

Should you have any queries, please log it via

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About Us

A leading corporate and investment bank in South Africa and the broader Africa continent, RMB offers large corporate and institutional clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions.

RMB's talent is expected to be high performing whilst fixing for real-world challenges such as funding the green economy through sustainable finance transactions; unlocking transformation with innovative BEE deals; providing financial and strategic support to management teams in the unlisted sector; financing infrastructure that will uplift economies and improve the lives of millions of people – all of this is about thinking big.

If you are invested in making a difference on a serious scale, RMB is where you should build your career and explore new ways to contribute to a better world.

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