Wholesale Credit Sanctioning VP

New York, USA
Sep 29, 2022
Oct 16, 2022
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
As a Barclays Wholesale Credit Sanctioning - VP, you will be performing risk analysis of proposed asset securitization facilities requiring Barclays commitment for internal books or for underwriting for distribution in the financial markets. You will also lead the credit analysis of related exposures to a client in cases where the primary exposure is the ABS facilities; including direct corporate exposures such as revolving credit facilities or term loans, credit derivatives or equity-backed loan commitments.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

What will you be doing?

• Ownership of the quality, accuracy, robustness and timeliness of the credit risk analysis paper, including getting required approvals
• Responsibility for the timely assignment of risk limits within internal systems, and monitoring of exposure
• Contributing to portfolio reviews and internal risk discussions across teams
• Collaborating with both team members across teams on various risk projects to share knowledge or train junior analysts
• Contributing to periodic portfolio performance reviews to inform management of the risk trends in the portfolio
• Monitoring the credit performance of the exposure and the financial health of the client
• Recommending appropriate risk reduction actions such as selling the exposure or other alternative measured, and may include recommendations to place an exposure on the watch list
• Leading the credit analysis of related exposures to a client in cases where the primary exposure is the Asset-Backed Securities (ABS) facilities

What we're looking for:

• Five years of work experience in credit risk in Asset Backed Securitization
• College degree in business, economics or quantitative field
• Demonstrable communication skills
• Demonstrated leadership in risk management at a large institution

Skills that will help you in the role:

• Risk decision making background within a large organization, such as a rating agency, other large banks or an institutional ABS issuer or investor

Where will you be working?

You will be working at our Americas Headquarters at 745 Seventh Avenue. This 37-story office tower is located in Times Square in the heart of Manhattan and features a cafeteria, fitness center and state-of-the-art LED signage on the facade of the building.

Because this position involves regular in-person contact with other employees and stakeholders, the Company requires proof of vaccination against COVID-19. As an equal opportunity employer, the company will provide reasonable accommodation to those individuals who are unable to be vaccinated consistent with federal, state, and a local law.

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