Job description
We are working with a leading international bank , looking to hire an experienced VP within its Securitisation Credit Risk function. This is a high-impact role sitting in the second line of defence, covering ABS/RMBS and related structured finance transactions originated across EMEA.
VP - Securitisation Credit Risk
London (Hybrid)
Competitive base salary + bonus + benefits
We are working with a leading international bank , looking to hire an experienced VP within its Securitisation Credit Risk function. This is a high-impact role sitting in the second line of defence, covering ABS/RMBS and related structured finance transactions originated across EMEA.
Key responsibilities
• Act as a credit approver for securitisation and asset-backed transactions (including RMBS, consumer ABS, auto, cards and trade receivables).
• Perform independent credit analysis of underlying pools, structures, counterparties and counterpart risk mitigants.
• Challenge and validate transaction structures, cashflow assumptions, stress scenarios and risk-return profiles.
• Prepare and present credit proposals and recommendations to internal credit committees and senior management.
• Monitor an existing portfolio of securitisation and structured-finance exposures, including limit management, early-warning indicators and watchlist actions.
• Contribute to the development and refinement of risk appetite, credit policies and underwriting standards for securitised products.
• Work closely with front office, structuring, legal and risk methodology teams to ensure transactions meet the firm's risk, capital and regulatory requirements.
Candidate profile
• Significant experience in credit risk or credit approval within a major bank or rating agency, with a clear focus on securitisation / structured finance / asset-backed products.
• Strong understanding of RMBS/ABS structures, collateral pools, cashflow waterfalls, enhancements and typical covenant packages.
• Proven experience writing and presenting detailed credit papers and defending recommendations in committee.
• Solid grasp of relevant regulatory and capital frameworks for securitisation in Europe and the UK.
• Excellent analytical skills, with the ability to interpret complex data and communicate key risks succinctly.
If you meet the above set criteria, please apply or send a copy of your CV to
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