Portfolio Monitoring- Senior Manager/AVP

4 - 8 years

10 Lacs

Posted:1 day ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Part Time

Job Description

At OakNorth, we’re on a mission to empower the UK’s most ambitious businesses. Since 2015, we’ve lent over $18 billion across the UK and US, helped create more than 58,000 new homes and 36,000 new jobs, and supported hundreds of thousands of personal savers — all while fuelling the UK economy.

Team Mission

The incoming candidate will be a part of one
of the Bank’s Credit (lending) teams and will be expected to have strong
understanding of financial statements including important lending and
credit risk metrices.

Job Responsibilities

    • Credit-worthiness analysis of borrowers, including financial analysis, industry and sector research, to ensure Bank’s lending remains within acceptable Risk metrics.
    • Drafting detailed credit reports with key takeaways on the purpose report has to be concise, easy to read for credit risk to review and comment
    • Identifying, setting and monitoring deal specific covenants which can act as early warning signals during the life of the loan
    • Developing and maintaining detailed financial model (in Excel) comprising transaction details, financial statement analysis, projections, ratio & variance analysis, key performance indicators, credit metrics, amongst others
    • Conducting sensitivity analysis – for stress testing on loans for serviceability
    • Regular interaction with key stakeholders and clients to discuss for eg.borrower requirements and performance, data gaps inconsistencies, analytical frameworks, loan servicing etc.
    • The role follows regular business hours, and the candidate is expected to work in normal shift timings.

Desired qualities and skills:

    • 4-8 years of experience in Portfolio Monitoring
    • Strong financial analysis skills– thorough understanding of accounting / financial concepts including financial statements, variance analysis, and assessment of key credit risk metrices and covenants
    • Ability to draft credit reports
    • Strong communication skills (oral and written) in English.
    • Proficient in use of Excel, handling linked worksheets, able to handle complex models.
    • Personal drive (proactive), flexible, creative (thinks out of the box), result driven, responsible, curious, team player, fast learner and willing to take ownership of tasks and deliverables.
    • Hands on attitude, willing/capable to understand the big picture.
    • Ability to succeed in a culture where change and speed are part of daily work.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.

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