UKC Large Corporates Risk Sanctioning

Join Barclays' UK Corporate Credit Risk team in London, playing a key role in supporting the Bank's strategic growth in Project Finance and Infrastructure sectors.

The role is responsible for independent credit assessment, approval and ongoing monitoring of project finance transactions, ensuring risks are identified, mitigated and managed within appetite.

You will engage proactively with Business (First Line of Defence) and lead credit processes for complex transactions, approve exposures within delegated authority, prepare recommendations for senior sanctioning, and contribute to portfolio oversight, strategic risk initiatives and projects.

Responsibilities

• Analyse, recommend and approve project finance and infrastructure credit proposals, including assessment of business, financial, structural and collateral risks
• Review, challenge and interpret detailed project cash flow models, assumptions and stress scenarios
• Set, recommend and monitor internal ratings, LGD and other key credit parameters
• Solid understanding of the drivers, opportunities and challenges of the project finance markets and relevant regulatory environment affecting the project
• Lead credit processes for complex transactions and present cases to senior forums/approvers
• Define and monitor risk appetite at counterparty and portfolio level
• Familiarity with derivative transactions and related exposure in project finance
• Monitor portfolio performance, sector trends and early warning indicators, escalating material risks as appropriate
• Ensure strong governance, policy compliance and accurate risk reporting throughout the credit lifecycle
• Contribute to portfolio reviews and broader strategic initiatives within the Risk function

Qualifications

• Good experience in Project Finance / Infrastructure credit risk within an international banking environment
• Strong commercial and credit judgement, with the ability to independently assess and challenge complex transactions
• In depth understanding of project finance structures, documentation, intercreditor arrangements, security packages, derivatives and common risk mitigants
• Proven ability to analyse and challenge complex financial models (advanced Excel skills) including stress and downside scenarios
• Sound knowledge of regulatory requirements, credit governance and controls
• Broad appreciation of non financial risks, including reputational, financial crime, cyber and geopolitical risk
• Strong communication, presentation and stakeholder management skills, with confidence to challenge constructively and engage senior decision makers
• Timely and effective problem solving and decision making skills
• Relevant academic or professional qualifications

Accountabilities

• Analysis of lending applications, financial statements, credit reports, and other relevant documents to assess the borrower's creditworthiness and repayment capacity.
• Monitoring the performance of approved lending, identifying potential risks and early warning signs of delinquency.
• Evaluation of the risk profile of each application considering factors like industry trends, borrower financials, collateral, and market conditions.
• Provision of independent credit decisions on lending applications, adhering to established credit policies, risk parameters, and regulatory requirements.
• Development and implementation of appropriate course of action for troubled lending, including workout plans, restructuring, or collections.

Vice President Expectations

• Contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/processes; deliver continuous improvements and escalate breaches of policies/procedures.
• Define jobs and responsibilities, plan department's future needs and operations, counsel employees on performance and contribute to employee pay decisions/changes. Lead specialists to influence the operations of a department in alignment with strategic and tactical priorities, balancing short and long term goals and ensuring budgets and schedules meet corporate requirements.
• Demonstrate leadership behaviours to create an environment for colleagues to thrive and deliver to an excellent standard. The four LEAD behaviours are: L - Listen and be authentic, E - Energise and inspire, A - Align across the enterprise, D - Develop others.
• As an individual contributor, act as a subject matter expert within own discipline, guide technical direction and lead collaborative, multi year assignments. Provide guidance to less experienced specialists and support long term strategic decisions.
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, supporting the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas to keep up to speed with business activity and strategies.
• Create solutions based on sophisticated analytical thought, comparing and selecting complex alternatives.
• Adopt and integrate the outcomes of extensive research in problem solving processes.
• Build and maintain trusting relationships and partnerships with internal and external stakeholders to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

Location: London