Associate Wholesale Portfolio Manager

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Job title - Associate Wholesale Portfolio ManagementLocation - London, Canary Wharf/Remote Rate - Up to £550 PAYE or Umbrella £705 umbrella Start date - ASAPContract - 12 months Our financial services client is currently seeking an Associate Wholesale Portfolio Management to join their team in the London office/remote working, this contract will initially be for 12 months.This role is a secondment in the Global Wholesale Portfolio Management team in London, with an immediate start and scheduled to finish at the end of December 2022. The role is to help implement and manage risk distribution and capital management transactions for the Bank's Wholesale loan portfolio, including synthetic securitisations and other distribution and hedging activities.The role purpose is to collaborate and coordinate with the Lending Business, Global Markets, Structured Finance, and relevant support functions (Wholesale Credit, Legal, Finance, Middle Office, Regulatory Compliance, Tax) and third parties (rating agencies, auditors, legal counsel) to implement and manage risk distribution transactions aiming to optimise the Bank's Wholesale loan portfolioThe role holder should be self-motivated, driven and task-oriented, as well as having the ability to work within a team and with colleagues around the world. The role holder should also be prepared to work in an agile and flexible way due to the pace of change which the project is experiencing. Assisting with new synthetic risk-distribution initiativesPricing transactions for internal hurdle efficiency and market appetiteDocumenting and implementing internal process and required governance to manage risk-sharing transactions on behalf of the Lending BusinessManaging conflict clearances, documentation reviews, registersInternal loan asset transfer pricing recommendationsCoordinate RWA and other system adjustments with Risk and FinanceSecuritisation structuring and ongoing managementEnhance & develop infrastructure, policies, and procedures to manage and report existing and future CLOsMonitor Significant Risk Transfer of existing CLOsCoordinate Regulatory disclosuresCoordinate RWA adjustments with FinanceOversee quarterly AUP processMonitor performance of existing CLO portfoliosPerform ad-hoc analysis of new CLO transactionsReporting and presentations to senior managementAssisting with secondary loan sales executionPricing transactions for internal hurdle efficiency and market appetiteManaging conflict clearances, documentation reviews, registersInternal loan asset transfer pricing recommendations

Knowledge:Good understanding of banking regulations, especially around capital treatmentsGood knowledge of the loan product and primary/secondary markets (LMA and/or LSTA standards)Knowledge around synthetic hedging (credit derivatives, securitisations) is a plusStrong quantitative skills, ability to work on complex excel filesExperience:Ideally 2-3 years' experience in a similar roleBanking/Structured Finance or Markets backgroundCredit Portfolio Management experience is a plusCapabilities:Ability to work under intensive pressureAbility to prioritise various tasks and projects efficiently for timely deliveryTeam player and capability to pro-active engage positively and constructively with internal and external stakeholders.If you are relevant or interested, please contact me at