Wholesale Credit Risk - EMEA Banks and Insurance team - Associate

Job description

We have an exciting opportunity for you to advance your career in a dynamic and collaborative credit risk team. You will work with a diverse portfolio of financial institution clients, helping to shape risk decisions across a broad range of products and transactions. This role offers exposure to senior stakeholders, complex credit structures, and opportunities to develop your expertise while making a meaningful impact.

As an Associate in the EMEA Financial Institutions team covering primarily Banks, Insurances and Sovereign clients for the Central and Northern Europe region in the Commercial & Investment Bank (CIB), you will cover a diversified portfolio of Investment and Non-Investment Grade counterparties, with responsibility for conducting credit analysis, managing portfolio exposures, and reviewing and approving transactions across a wide range of credit products .

Job Responsibilities

Prepare concise credit analysis with clear recommendations on risk appetite, grading, and structuring. Support due diligence, leading where required, and prepare credit analysis of counterparties. Conduct portfolio-level and client specific stress testing, challenging scenario assumptions, and articulating conclusions to stakeholders. Negotiate Markets documentation (ISDA, clearing agreements, GMRA/GMSLA etc.) and loan documentation (including LMA standards and leveraged finance) Manage and monitor the credit risk portfolio across sectors and products, including ongoing tracking of ratings, sector trends, and client performance; proactively adjust limits and manage exposures.

Cover a broad product set, across all markets products (derivatives, securities financing, securities trading, cleared products, margin lending etc.), secured and unsecured loans, trade finance, and treasury products. Coordinate with senior leaders across the Commercial & Investment Bank, product specialists, and senior Credit Officers to align risk decisions and approvals. Apply firm risk management policies and engage with control stakeholders, including Regulators and Auditors.

Develop junior talent through structured coaching, on-the-job training, and formal learning sessions. Required qualifications, capabilities, and skills Demonstrated analytical rigor and credit judgment, with the ability to identify, quantify, and communicate key risks. Proficiency in financial analysis and scenario analysis relevant to wide-ranging client and product suite. Familiarity in leveraging AI tools to support analysis and enhance efficiency.

Knowledge of transaction structures, documentation (markets, loan) sufficient to support negotiation and execution. Strong project management capability with end-to-end ownership of workstreams; effective prioritization and multi-tasking in a dynamic environment. Clear, effective written and verbal communication; ability to establish credibility with clients and internal stakeholders. Ability to coach and develop junior colleagues.

Self-directed, results-oriented, adaptable, and motivated to drive continuous improvement. Prior experience in a comparable credit or risk environment.