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KOTRA London provides recruitment services to companies based in the UK and South Korea. As part of its services, we place job advertisements on behalf of our clients, review applications, and provide application details to our clients.

Our client Korea Development Bank, London Branch is recruiting a Credit Officer to join their business in the UK.

KDB London is the European hub for the KDB Global Network offering diverse financial services in the areas of corporate finance, trade finance, derivatives, securities investment and treasury.

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1. Job Title: Credit Officer

2. Reporting to: General Manager

3. Subordinates: Credit Analysts, Credit Administration Officer

4. Main Functions of Job:

• Establish appropriate credit policies, internal credit approval procedures and credit quality control monitoring.
• Approve, in conjunction with General Manager, all extensions of credit.
• Manage the Credit Department, the main functions of which are to:
• Analyse all credit applications for approval/rejection.Administer all credit limits and report any excesses to Management.Act as a voting member of the Risk Committee and the Credit Committee.
• Report to the Risk Committee on all aspects of Credit Management and the Branch’s risk portfolio.
• Supervise and ensure departmental staff are adequately trained to perform their functions.

5. Key Tasks:

• Approve all extensions of credit as required by the Credit Policies and Procedures (P&P), either independently, in conjunction with the General Manager or, when appropriate, as a member of the Credit Committee.
• Ensure the requirements of the Credit P&P are implemented.
• Manage the staff and functions of the Credit Department.
• Ensure the Branch’s risk portfolio is controlled by appropriate limits covering the one-obligor concept as well as geographical and industrial risks.
• Undertake credit reviews as appropriate.
• Keep under continuous review all pre-approved or other limits for appropriateness in the light of developments in the credit standing of our obligors.
• Keep under review the Credit P&P for recommendations to the Risk Committee on updating or improvements.
• Report to the Risk Committee each month on all relevant aspects of credit management and the Branch’s risk portfolio both verbally and in written form.
• Be aware at all times of all matters that might give rise to credit quality declines of obligors or countries.
• Discuss with appropriate staff all aspects of each item of credit exposure.
• Liaise with Head of Middle Office to ensure that new/amended Head Office regulations, which bear relevance to the Credit Department, are implemented.
• Act as back-up to Credit Analysts and/or Credit Administration Officer as necessary

6. Requirements.

• Proven experience in Credit Analysis, preferably within a financial institution.
• Aviation and ship project finance experience preferred. With the ability to analyse and assess credit risks specific to these sector.
• Strong understanding of financial analysis, Credit structuring, and risk assessment methodologies.
• Familiarity with credit policies, regulatory requirements, and industry best practices.
• Proficiency in using financial modeling tools and credit rating systems.
• Excellent analytical and problem – solving skills.
• Strong written and verbal communication abilities.
• Korean language preferred but not required.
• Team management experience with ability to guide and support team members.
• High attention to details and accuracy in credit assessments and reporting.
• Ability to collaborate with internal stakeholders across different cultural and professional backgrounds.

7. Visa and more information

• VISA : Work Visa Holders of a visa that allows them to work legally in the UK
• Address: 22 Bishopsgate LONDON EC2N 4BQ
• Annual Salary: negotiable, based on qualifications and experience within market rates
• Recruitment: Full-time / Permanent position
• Working hours: 7 hours/ 5 days (08:30 – 16:30, 1 Hour lunch break)
• Holiday: 23 days
• Insurance: Upon successful completion of probation period, we provide health and dental insurance
• Recruitment period : Rolling basis (applications are reviewed on a rolling basis, and the posting may close once a candidate is selected)
• Recruitment due date : ASAP

8. How to proceed

• 1st: Document review (Written review of submitted documents)
• 2nd: First Interview (comprehensive evaluation of skills required for job performance through interview and foreign language evaluation)
• 3rd: Second interview
• 4th: Screening

※ Interview candidates will be notified individually only to those who pass the document screening

Job Type: Full-time

Benefits:

• Private medical insurance

Schedule:

• Monday to Friday

Language:

• English (required)
• Korean (preferred)

Work authorisation:

• United Kingdom (required)

Work Location: In person