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Institutional Credit Management’s (ICM) objective is to provide an integrated end-to-end credit underwriting, identification, measurement, management, monitoring, and reporting for wholesale credit businesses across the enterprise. The QA function verifies that established standards and processes are consistently applied and uses results to assess policies, training needs, and deficiencies.
Job Responsibility:
Support the QA Head of Real Estate and Structured Credit Underwriting in discussions to define the Quality Assurance function and Reviews across ICM coverage universe
Provide effective credible challenge during QARs to Business Region Heads and Portfolio Managers
Support in the establishment of processes to ensure wholesale credit risks are identified, measured, monitored, and controlled
Execute consistent and objective assessments during QARs and sustainability testing of corrective actions raised by Internal Audit or Regulators
Prepare Quality Assurance Reports to communicate and measure results and identify negative trends
Support the QA Head to stay abreast of relevant changes to rules/regulations
Support internal projects and initiatives
Participate in the establishment of policies, procedures, risk assessments, and controls
Requirements:
Demonstrable quality control / quality assurance experience, including relevant years in banking, credit risk management, internal audit, loan review or quality assurance review function at an investment or large commercial bank
Understanding of risk management and controls frameworks related to counterparty credit risk management or another financial risk discipline
Ability to understand counterparty credit risk implications of derivatives and securitization and financing transactions
Understanding of policies and procedures with the ability to execute change seamlessly
Potential to understand complex counterparty credit product structures, and ideally versed in securitization and credit financing products
Ideally some background on core credit analysis for large corporate and finance industries
Awareness and adherence to the control environment including Quality Assurance and Quality Control
BA/BSc or higher degree in Business (MBA), or any other related subject
Nice to have:
Experience in preparing presentations for seniors
Strong Microsoft Office (Word, Excel, and PowerPoint) skills
What we offer:
Equal opportunity employment
Accessibility support
Global benefits for well-being, growth, and work-life balance
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