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Senior Credit Officer, Risk Corporate

Senior Credit Officer, Risk Corporate

Bnp ParibasSydney, NSW, AU
30+ days ago
Job description

About the role

Within the RISK Function, RISK Corporate's mission statement is to :

1.     Ensure the quality of risks taken on Corporate and Institutional Banking (CIB) corporate activities,

2.     Monitor the risk profile of corporate exposures,

3.     Lead the Corporate Clients Continuum.

Within RISK Corporate, the Senior Credit Officer (SCO) guarantees, for the portfolio that they follow, the independent assessment of the credit risks as well as of the ESG ones throughout the credit process and until the maturity of the credit, in compliance with regulatory requirements and internal guidelines. To this effect, they will :

  • Concur or not with the Coverage and / or Business Lines Delegation Holders on files presented to Credit Committee, pursuant to an exchange on relevant items,
  • Guarantee the conformity of the decisions to the credit and ESG policies as well as the monitoring of the credit portfolio under their responsibility by assessing periodically its risk profile.

Primary Role  Responsibiliti

es

In this role, you will :

On the files under your responsibility, guarantee jointly with Coverage and Business lines teams (and VPG as the case may be) :

  • The quality of the commitments taken : these commitments should be in line with the Bank's risk appetite principles as well as with the Bank's credit policies and procedures including Compliance and ESG aspects,
  • More specifically on ESG aspects, the compliance of credit decisions with ESG sectorial policies, exclusion and monitoring lists, Equator principles where relevant as well as internal procedures including Group CSR procedures and guidelines; will identify and highlight in credit committees ESG risks & other related matters (by ensuring inter-alia, that ESG Assessments are deployed and performed when applicable and that sustainable finance existing guidelines are applied)
  • The fair valuation of the credit portfolio, specifically through the provisioning process, but also through the identification of non-performing clients and / or forborne exposures.
  • The adequacy of ratings and Loss Given Default (LGD) assigned to corporate clients and exposures, ensuring strong compliance with rating and LGD policies (and ensuring documentation of any deviation).
  • Guarantee a satisfactory level of risk anticipation and monitoring by :

  • Pro-actively identifying deteriorating risks by using external and internal early warning signals and close monitoring of Watchlist files
  • Detecting potential threats on the portfolio that falls under your responsibility (sectorial / product / country levels, concentrations),
  • Proposing and performing periodic and targeted portfolio reviews,
  • Contributing to RISK Corporate's monitoring exposures framework (i.e., Portfolio Committees, Read-Across, Sectorial Forums),
  • Contributing to Risk & Development Policy Committees (RDPC).
  • Ensure the drafting of clear minutes for all committees (including WL&DD committees, CDD and portfolio committees), inter-alia clearly stating RISK Corporate opinion as well as the debates with Businesses and / or VPG that might have preceded the file presentation in credit committees.

    Ensure the use of the adequate level of delegation (Delegation Holder and RISK representative),

    Participate to the satisfactory circulation of information and communication between your RISK colleagues, Business and HO and with the relevant sectorial Risk Officer.

    Other contributions

    More at large, you will contribute to a continued strengthening of our overall RISK framework :

  • To the setting up of the general and specific credit policies, through ad-hoc contributions, and to the dissemination of information on the Bank's desired risk profile to RISK and CIB teams,
  • To the determination of country envelopes, to the monitoring of the utilizations of these envelopes, and the possible reallocation of these envelopes between the Business lines covered by RISK Corporate,
  • To help ensuring that Annual Reviews are performed on a yearly basis, in a timely manner, exerting their influence on Coverage and Business Lines and following up on the calendar of reviews with the aim to respect the 0% past-due target,
  • To the validation process for new products or activities covered by RISK Corporate,
  • To the application, adaptation, and continuing improvement of the credit decision process,
  • To RISK Corporate permanent control framework and to Corporate Clients continuum initiatives,
  • Support relevant RISK Global Framework teams for stress-testing, modelling, and reporting exercises on corporate perimeter.
  • Beyond credit risk and ESG risk, SCOs are also asked to contribute to data quality and to the monitoring of operational risk :

  • Improving data quality via ensuring the accuracy of key risk parameters in minutes (ratings, LGDs, country of business, business sector, use of the relevant policies) and by prompting Business to follow on corrective actions,
  • Communicating to RISK ORM CIB any operational risk she / he becomes aware of (potential fraud, breach of security package).
  • What is required for you to succeed?

  • Strong credit and analytical skills
  • Critical thinking and sound judgement Transversal approach
  • High degree of ethical standards
  • Resilience and ability to handle a high level of credit delegation
  • Strong communication and negotiation skills
  • Ability to work autonomously, and under own initiative, with immediate line management in different time zone
  • Experience and knowledge of Australia credit and market environment
  • Experience in LBO, Asset and Project Finance fields
  • Experience as credit approver / SCO minimum 5 years; total credit experience minimum 10 years
  • Experience in collaborating with teams and stakeholders across geographies.
  • About BNP PARIBAS

    BNP Paribas is a top-tier European and international banking establishment, with an uninterrupted presence in the APAC region since 1860 and in Australia since 1881. Combining global expertise and local know-how, BNP Paribas in Australia and New Zealand delivers solutions to our clients through Corporate and Institutional Banking and Asset Management - a bridge between corporate and institutional clients.

    We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.

  • BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community
  • BNP Paribas MixCity which fosters better representation of women at all levels of the organization
  • Ability, the mutual aid network for employees with a disability or a disabling or chronic illness
  • BNP Paribas CulturAll which celebrates diverse backgrounds
  • BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.

    If you require any reasonable adjustments during the recruitment process, please feel free to reach out to us at [1] bnpp.hrss.recruitment.operations@asia.bnpparibas.com or +61 2 9216 8633 (and ask for the Talent Acquisition Manager in the HR Team).

    [2] https : / / careers.apac.bnpparibas / (Opens in a new tab)

    More information

    [3] BNP Paribas - Diversity & Inclusion Journey

    [4] BNP Paribas - The Bank Of Green Changes

    Award Obtained

    BNPP has won Top employer Europe award in a 10th consecutive year

    References

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    Credit Officer • Sydney, NSW, AU

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