Monitoring Credit Risk Manager -SCIB

Monitoring Credit Risk Manager -SCIB Paris, France WHAT YOU WILL BE DOING SCIB IS LOOKING FOR A MONITORING CREDIT RISK MANAGER BASED IN OUR BOADILLA DEL MONTE OFFICE. WHY YOU SHOULD CONSIDER THIS OPPORTUNITY At Santander CIB ( www.santandercib.com ) we are key players in the transformation of the financial sector. Do you want to join us? SANTANDER CORPORATE & INVESTMENT BANKING (SANTANDER CIB) is Santander's global division that supports some of the world's most complex and sophisticated corporate and institutional clients, offering customized services and value-added wholesale products to best meet their needs. We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management. Santander is proud of being an organization where there are equal opportunities regardless of gender identity, culture and disability. Our mission is to contribute to help more people and business prosper. WHAT YOU WILL BE DOING As a MONITORING CREDIT RISK MANAGER you will be responsible of: determining the credit risk appetite with European financial institutions (banks and insurance companies); monitoring counterparties’ exposure and relevant market; sector analysis; preparation and presentation of proposals to the corresponding fora; and, the coordination and collaboration with front offices teams in the achievement of commercial objectives. We need someone like you to help us in different fronts: 1. Ratings: analysis and follow-up of the assigned client portfolio. * Analysis of customer’s information releases: activity and financial. Understanding of economic and sectorial environment. * Undertake risk focused due diligence meetings with clients. * Preparation of credit ratings under internal methodology. 2. Reviews and pre-classifications: Analysis and monitoring of business plans to be developed with clients, providing input and implementing credit risk strategy and policies. * Establish the bank's credit risk appetite with each client based on their financial profile. * Stablish limits and policies (pre-classification) from a qualitative perspective (terms / products) and quantitative (amounts). 3. Transactions: Analysis and follow-up of the different approaches presented by front office teams: * Understanding of the different banking products, considering the accounting, financial and legal implications, with a particular focus on derivative products. * Assessment of the business proposals presented for each, presenting them to the corresponding Risk Fora. * Work closely with front office business and product units. 4. Control: Analysis and monitoring of the credit risk exposure and profitability. * Follow-up of transactions analyzed up to final approval or rejection. * Control and review of transactions carried out, monitoring their correct input in the bank's internal systems to ensure appropriate quantification and reporting of credit risk. * Identify early remedial action on deteriorating credits to manage credit problems. EXPERIENCE * Extensive experience (at least five years) of credit risk management at a senior level, including strong experience covering banks and insurance companies, or as an auditor for these type of companies. Desirable experience analyzing and managing credit risk relating at a major investment or global commercial bank. * Understanding of different banking products, particularly those related to treasury and derivatives. Familiarity with credit risk regulatory requirements. Good knowledge and understanding of traded products master agreements, e.g. ISDA, GMRA, prime brokerage agreement, etc. EDUCATION * Degree in Business Administration (“ADE”) or similar, with specialization in audit or finance. Desirable Accountancy or Actuarial based qualification. Finance related second degree: Master, Postgraduate, or professional qualifications, e.g. CFA. SKILLS & KNOWLEDGE * Expert level in IT applications: Power Point, Excel, Word. Knowledge of main financial information databases: Bloomberg, Capital IQ, Reuters, Fitch Solutions, etc. * Languages: Proficient communication skills in English and Spanish. Additionally, one of the following languages is desirable: French, German or Italian. _If you want to know more about us, follow us on: _ _https://www.linkedin.com/company/santander-corporate-investment-banking/ _ _https://es.linkedin.com/company/banco-santander _ WHAT WE ARE LOOKING FOR EXPERIENCE More than 5 years of relevant work EDUCATION COMPETENCIES Communicating Complex Concepts (Extensive Experience), Credit Analysis and Verification (Extensive Experience), Credit Risk (Extensive Experience), Decision Making and Critical Thinking (Working Knowledge), Financial Analysis (Extensive Experience), Inspiring and executing transformation (Extensive Experience), Negotiation and Settlement (Extensive Experience), Partnering for Clients' Success (Extensive Experience), Problem Management Process (TCS) (Extensive Experience), Regulatory Environment - Financial Services (Extensive Experience), Tolerance for Ambiguity and Stress (Extensive Experience)