financial data analyst jobs

439628

£61,250 - £75,671

A Market Supplement of 15% is attached to the role.

A Civil Service Pension with an employer contribution of 28.97%

Permanent

UKEF - Risk Management Group - Risk Approval Division

Risk Management

Flexible working, Full-time, Job share, Part-time

1

Westminster, London

The principal role of the Department is to support UK companies exporting to foreign markets by providing insurance, loans and guarantees against non-payment or non-performance by UK exporters and overseas buyers. To perform its statutory function, UKEF must assume significant credit risks on behalf of UK exporters. Consequently, the financial success of the Department is crucially dependent upon sound credit risk assessment, particularly given the elevated default risks associated with emerging markets and SMEs. The Risk Assessment Division (RAD) is responsible for providing probability of default (PD) ratings and loss given default (LGD) assessments on all non-sovereign risks assumed by the Department.

RAD’s case work is split currently into three teams:

• Corporate & Strategic Sectors (incl. SME & Trade Finance);
• Project Finance;
• Specialised Products Risk (Aerospace, Financial Institutions and Active Portfolio Management).

The role holder is responsible for managing Senior Credit Risk Analysts (SEO) who assess the credit risks of existing exposures and proposed transactions within their area. The role holder is highly experienced on the credit features of the particular sectors and are responsible for managing the case work that falls within it; they lead on complex cases which may include novel features, negotiations with exporters/buyers, and supervise the case work of more junior analysts within the division. They are responsible for the credit risk approval of cases within their delegated authority.

Main Activities

• Managing, producing and aiding the production of high-quality credit analysis (including credit ratings & LGD assessments as required) on casework (which may include novel and unusual features) relating to corporate obligors, large and small.
• Ensuring proposed business is within UKEF risk appetite.
• Demonstrating subject matter competence in the team’s sectors and industries, as well as trade finance products and emerging markets.
• Liaising with UK exporters, overseas counterparties and other stakeholders including leading meetings, often with senior management, to understand the business and transaction structure.
• Credit risk approval for cases within delegated authority.
• Presentation of analysis and recommendation for approval to risk colleagues and the Enterprise Risk & Credit Committee (ERiCC), including providing support to more junior analysts presenting their cases.
• Lead in the development of new elements of UKEF’s risk policies, procedures & frameworks, as well as continuous improvement of internal process efficiency and robustness.
• Identification and implementation of training and up skilling analysts (and non-analysts) as required.
• Lead on any assigned corporate contribution roles supporting the general management of the Risk Management Group and UKEF.
• Responsibility for the motivation of a team to deliver timely and robust risk assessments.
• Review financial information for initial enquiries where necessary. The role holder provides advice on whether a case is likely to meet the minimum credit risk standard and, if not, to suggest acceptable alternative structures where possible.

This list is not exhaustive, and you may be required to carry out additional duties according to business needs.

UK Export Finance is looking for motivated individuals with a desire to learn about the business. Successful candidates will be provided not only with functional training to enable them to do well in their role, but also with personal development to help them to achieve their career ambitions. Please note that the person specification below outlines at which stage(s) you will be assessed on how you meet the criteria for the role(s) including:-

A = assessed at application stage I = assessed at interview stage P = assessed at presentation stage

Essential

Qualifications

• GCSE Maths and English equivalent or above and/ or relevant professional development. (A)

Knowledge

• Significant knowledge of credit analysis (A, I, P)
  • Understanding of financial accounts including typical analytical adjustments to assess cash flow, working capital, liquidity and debt sustainability;
  • Ability to assess industry risk within unfamiliar / new sectors or geographies;
  • An understanding of the key credit risk factors of major corporates, including UK SMEs and an understanding of credit risk factors associated with trade finance;
  • Expert knowledge of a range of credit risk structuring and assessment tools for analysing qualitative and quantitative risk factors to produce probability of default ratings (PDs) and loss given default assessments (LGDs);
  • Knowledge of transaction structuring including the use of covenants.
  • Understanding and experience of typical banking products including loans or trade finance products (bonding, LCs, working capital facilities).
• Proficiency in Microsoft Office. (A)

Skills/Ability

• Ability to interpret complex data and make sound, commercially balanced decisions; strong planning and organisational skills to manage priorities and meet deadlines. (A, I)
• Clear written and verbal communication, including leading meetings and presenting complex information effectively; ability to build collaborative relationships across teams. (A, I, P)
• Capacity to work independently while seeking guidance when appropriate. (A, I)

Experience

• Demonstrated success in credit risk analysis within a relevant organisation, including producing credit ratings and assessments for corporates or SMEs; experience applying credit risk rating models and advanced risk measurement techniques. (A, I)
• Experience managing or mentoring junior team members. (A, I)

Other Requirements e.g. travel, languages

• The role may require travel within the UK and occasionally overseas. (I)

We'll assess you against these behaviours during the selection process:

• Seeing the Big Picture
• Making Effective Decisions
• Leadership
• Communicating and Influencing

We'll assess you against these technical skills during the selection process:

• Presentation
• Questions

Alongside your salary of £61,250, UK Export Finance contributes £17,744 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.

• Learning and development tailored to your role
• An environment with flexible working options
• A culture encouraging inclusion and diversity
• A Civil Service pension with an employer contribution of 28.97%

Artificial intelligence can be a useful tool to support your application, however, all examples and statements provided must be truthful, factually accurate and taken directly from your own experience. Where plagiarism has been identified (presenting the ideas and experiences of others, or generated by artificial intelligence, as your own) applications may be withdrawn and internal candidates may be subject to disciplinary action. Please see our candidate guidance for more information on appropriate and inappropriate use.

The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see the Civil Service People Plan and the Civil Service Diversity and Inclusion Strategy .

This vacancy is part of the Great Place to Work for Veterans initiative.

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Job contact :

• Name : UKEF Recruitment
• Email : Recruitment2@ukexportfinance.gov.uk

Recruitment team

• Email : Recruitment2@ukexportfinance.gov.uk