Managing Director, FIG

Role Overview:

A leading global financial institution is seeking a seasoned credit risk professional to lead its Financial Institutions Group (FIG) within the Credit Risk Department. This leadership role is pivotal in shaping the firm's credit strategy and risk appetite across a diverse portfolio of financial institutions, including banks, insurance companies, asset managers, and financial sponsors.

Key Responsibilities:

• Leadership & Strategy:

  • Lead a team of credit officers responsible for assessing and managing credit risk across FIG counterparties.
  • Define and implement credit risk strategy in alignment with global risk appetite and regulatory requirements.
  • Represent the Credit Risk department in senior management forums and global risk committees.

• Credit Risk Management:

  • Oversee credit assessments for lending, derivative exposures, and structured finance transactions.
  • Approve or recommend credit limits and tenors, ensuring alignment with Basel III parameters and internal risk models.
  • Monitor portfolio quality, identify early warning signals, and manage watchlist processes.

• Policy & Governance:

  • Contribute to the development and refinement of credit policies and procedures.
  • Participate in new product approvals, white papers, and business rule assessments.
  • Ensure compliance with internal and external regulatory standards.

• Stakeholder Engagement:

  • Collaborate with front office, legal, compliance, and other risk teams to support business growth while maintaining prudent risk standards.
  • Provide thought leadership and mentorship to junior team members.

Qualifications:

• Minimum 15+ of experience in credit risk management within financial services, with a focus on financial institutions and structured finance.
• Deep understanding of credit rating methodologies, and collateral management.
• Proven track record in team leadership, strategic decision-making, and stakeholder management.
• Strong analytical, communication, and presentation skills.
• Advanced degree in Finance, Economics, or related field preferred; CFA or FRM designation is a plus.