Credit Risk Analyst, London Stock Exchange
Stock exchange in the City of London
Be an early applicant
Stock exchange in the City of London
1001+ employees
Be an early applicant
1001+ employees
Company mission
To make things happen, out there in the real world, where it matters.
Role
Who you are
- This is an Individual Contributor role
- Degree or equivalent in a relevant field
- General knowledge of the financial services industry
What the job involves
- The Credit Risk team ensures that credit risk exposures are adequately monitored and modelled in order to take informed action, providing analysis and oversight of counterparty risk exposure derived from clearing, settlement, custody, payment, treasury and other group activities
- The team also assesses counterparties to determine risk limits, utilising internal and external information sources
- The candidate will support ongoing monitoring and analysis of risks
- Perform ongoing monitoring and analysis of risk, identifying areas of credit risk exposures and escalating changes as appropriate:
- Learn role and responsibilities of a Credit Risk Analyst and provide support to the wider Group Risk function
- Review all checklists and procedures on an ongoing basis and take responsibility for updates where required
- Ensure understanding of applicable Group Risk policies
- Draft Daily Credit Monitoring Reports summarising:
- Key financial and other market data releases
- Significant changes in market data information including external ratings and share price fluctuations
- Breaches of clearing activity thresholds/limits
- Ensure appropriate escalation of any breaches and significant news stories to senior management
- Analyse and interpret data to provide regular reports for stakeholders, identifying risks outside appetite
- Draft and present Internal Credit Score (ICS) Assessments and any ad hoc analysis to the Credit Risk Working Group and LCH Ltd CRO covering different counterparty types such as banks, non-bank firms, sovereigns and funds:
- Assessments to include analysis of financial profile including balance sheet and income statement information, review of operational capability, rationale of the final ICS, a peer comparison, and when applicable, an exposure and limit summary
- Complete routine risk reporting and production of management information to support decision making, ensuring escalation of applicable counterparty ad hoc news stories in a timely and accurate manner
- Adhere to applicable risk control frameworks, policies and procedures in scope of own role
- Ensure understanding of the KRIs and controls in place for the Credit Risk function
- Ensure internal databases and systems are kept up to date:
- Maintain internal database systems with updated counterparty financial and ICS information, ensuring accuracy and updates are implemented in line with KRIs
- Learn how to summarise and interpret Credit and relevant Market risk data from the Tableau dashboards
- Support the Credit Risk and wider Group Risk team to deliver risk projects and activities
Salary benchmarks
Our take
The London Stock Exchange is one of the world’s oldest stock exchanges, with a history dating back over 300 years. It operates as a part of LSEG (London Stock Exchange Group), one of the world’s leading providers of financial markets infrastructure, as a marketplace to enable stock brokers and traders to buy and sell stocks, bonds, and other securities.
The London Stock Exchange has lived through a stream of innovations; from telegraph and telephone, to the Market Price Display System, automatic trade matching, and the digitisation of issuer services. In 2019 it acquired Refinitiv, a financial information company, and in doing so became a global financial news and data business.
Most recently, the London Stock Exchange has made moves to support the evolution of private markets, and further build its presence in this space. It partnered with Floww, a platform that connects investors with private companies, with aims to launch a private primary capital raising facility, as well as explore new technologies and secondary market options for the platform.
Steph
Company Specialist at Welcome to the Jungle
Insights
21% employee growth in 12 months
Company
Company HQ
City of London, London, UK
Leadership
David Schwimmer
(CEO)Prior to joining LSEG in 2018, David was a Managing Director at Goldman Sachs for over 20 years.
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