Credit Analyst – Funds and Market Infrastructure

May 27, 2024

Credit Analyst – Funds and Market Infrastructure


  • Permanent
  • HK-Hong Kong
  • RISK
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Financial Institutions Coverage (FIC) is a global coverage group specializing in the Financial Institutions sector.

FIC aims to build long-term relationships with key clients and gain insight into client strategy and targets to provide original and integrated ideas and solutions.

Within FIC, FIC Credit Team is responsible for the credit analysis of financial institutions clients.

In particular, the Team covers Banks, Insurances, Sovereign, Brokers, other non-banks financial institutions, pensions funds, funds, hedge funds, regulated funds, funds of hedge funds, agency arrangements and asset managers. 

The Credit Team performs credit analysis and provide credit recommendations on their respective perimeter to Credit Committees, Transaction Approval Committees, other RISK entities, Business Units or functions in response to general enquiries, Portfolio review committees. The Credit Team guarantees the selection and the follow up of counterparties considered Doubtful, under Watch List or sensitive list, evaluates the accurate level of provisioning, guarantees the quality of credit files and portfolios (notably by complying with regulatory framework e.g. Basel III requirements and including credit policies, rating policies and other Group guidelines), develops local market intelligence by performing desk research (financial statement analysis, monitoring of published research), maintains a network of Industry contacts and performs on site due diligence, guarantees that available local market information and views on risk issues are communicated swiftly and effectively.

The Credit Team is a main partner for the Senior Credit Officers and their Business “binomes” for the clients covered by the financial institution credit process and is also in permanent interaction with other business lines for uncovered clients

Position Purpose

  • The Funds and Market Infrastructures Credit analyst is responsible for promoting and sustaining a high level of risk proficiency within FIC environment
  • Responsible for acting as an expert on respective portfolio of counterparties vis à vis Business Lines, RISK I2S and other RISK departments: Projects, methodologies, regulations…..
  • Portfolio under coverage can encompass Funds (e.g. Hedge Funds, Financial Sponsors, Family Offices) and Market Infrastructures (i.e. CCPs, CSDs, Stock markets,  ), incorporated in APAC.
  • Ensure the delivery of high quality Credit Reviews and recommendations (be it for a client onboarding, a specific transaction or an annual review), supplied in a timely and efficient manner to Delegation Holders, and Business representatives.
  • Help the Regional Head of Credit Team in the management of regional setup and transversal projects.
  • The role occupies a highly visible position within the FIC environment, at the centre of dialogues involving FI Coverage, Product Lines and Risks. 
  • The role also has an impact on Business transaction structuring and commercial strategy, by providing views on quality of structures or risk profiles of customers and prospects.
  • Act as FIC Credit expert representative with the Coverage Bankers of Financial Institutions, Business Lines and RISK departments: Projects, methodologies, regulations…
  • Be responsible for the professional and efficient risk assessment of counterparties under coverage, through a process of annual / semi-annual reviews and sector analysis.
  • Closely monitor the development of counterparties and sectors under coverage, and promptly provide reports and alerts to his management on any material development, critical market event or major legal / regulatory changes.
  • Provide high standard credit analysis and recommendations
  • Conduct independent due diligence on counterparties, including financial analysis, industry / regulatory analysis and regular meetings with clients/regulators/competitors.
  • Ensure the accuracy and consistency of all internal ratings, ensure they are supported by detailed rationales and proactively propose upgrades / downgrades in quick response to evolving circumstances
  • Contribute to ad hoc and periodic risk / regulatory reporting, risk policy reviews
  • Contribute to transversal projects, ensure efficiency in processes and revisit approaches if need be.
  • Keep abreast of the latest regulatory requirements and BNPP policies, to ensure compliance with the same
  • Maintain a close and professional dialogue with Business Lines and RISK departments.
Permanent Control Aspects 
  • Direct contribution to BNPP operational permanent control framework.
  • Responsible for the implementation of operational permanent control policies and procedures in day-to-day business activities, such as Control Plan
  • Ensure compliance with regulatory requirements and internal guidelines.
  • Responsible for reporting all incidents according to the Incident Management System
  • Ensure audit recommendations are resolved within the specific timeline.
Technical & Behavioral Competencies

  • > 5 years’ experience in Credit risk and / or counterparty risk
  • Strong analytical skills with good accounting / legal background
  • Strong product knowledge as well as risk mitigation frameworks (CSA, GMRA, PBA, GSA etc)
  • Good knowledge of the legal and regulatory environment in APAC
  • Interpersonal and communication skills in English
  • Mature personality and natural leadership skills
  • Ability to manage change and complexity with confidence

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