Business Analyst - Credit Risk
London, LND, GB, EC2M 2AT
SMBC: A trusted partner for the long term
Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn’t perfectly align with the job description. Whilst we’ll always strive to be better, we’re proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.
Who we are
United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.
Role Summary
Is the next step in your career at SMBC Group EMEA? We’re looking for a Business Analyst - Credit Risk for our Credit Department to join our team.
Summary of Role: Armed with a deep understanding of SMBC's Credit Risk Management framework, this role partners with global credit departments to revolutionize the status quo, creating a streamlined and effective market-standard operating model. Harness your technical and analytical prowess to craft innovative solutions and ensure the seamless integration of new processes.
Essentials of the Role:
- Assist in designing a new Target Operating Model (TOM) by conducting thorough business and gap analysis to enhance credit risk processes and reporting requirements.
- Conduct detailed data analysis efforts to assess and enhance data quality and suitability. Implement the solution with IT developer or data team.
- Act as a pivotal liaison between business and software development teams, ensuring innovative solutions align with strategic goals and are seamlessly integrated.
Candidate Requirements:
- Proficient in data manipulation and analysis tools such as SQL and Alteryx.
- Experience in implementing wholesale credit risk systems and complying with EBA/ECB regulatory requirements.
- Enjoys building up small changes to contribute to the big picture.
Business Area
Credit Department is the 2nd line of defense function in EMEA.
- Overseeing credit risk-taking activities by 1. reviewing and challenging 1LoD credit applications, and 2. providing governance control in line with the Bank’s Credit Risk Policy and Guidelines.
- Setting new frameworks, policies, and procedures in response to regulatory or business requirements, together with other 2LoD functions in EMEA.
- Performing portfolio reviews and critically assessing the existing controls to improve operational soundness.
Position Description
Key Responsibilities:
- Learn and understand SMBC's Credit Risk Management framework, policies, guidelines, and supporting IT systems.
- Assist in analyzing current credit risk processes, identifying gaps, and defining future state processes and reporting requirements with credit departments across EMEA and other global SMBC credit risk functions.
- Perform data analysis to understand data sources, quality, suitability, and enhancement needs.
- Use technical and analytical skills to support the project team in developing solutions to challenging problems.
- Act as a liaison between business and software development teams to ensure solutions align with business goals.
- Work with business stakeholders to integrate new solutions into their operations, providing initial guidance and support.
- Assist the project manager and product owner in progress reporting and RAID management.
Qualifications:
- Proficient in data manipulation and analysis tools such as SQL and Alteryx.
- Experience in implementing wholesale credit risk systems and complying with EBA/ECB regulatory requirements.
- Familiar with EBA Guidelines, especially Loan Origination and Monitoring, Non-Performing Loans (NPL), Default Definition, Unlikely to Pay (UTP), and Leveraged Transactions.
- Basic understanding of corporate risk analysis and/or asset-backed lending risk assessment.
- Proficiency in macro or programming languages (VBA, Python, R, etc.) is a plus.
- Curiosity, collaboration, excellent communication skills, and problem-solving abilities.
- Ability to distill and communicate ideas effectively.
Competencies
What we offer
For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.
As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:
- Hybrid and flexible working
- Competitive paid leave days
- Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
- Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
- Access a wide range of learning and development opportunities and career progression opportunities
- Ambitious remuneration package
So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!
We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We’ll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested.