10 days old
2017-12-012018-01-07

Credit Analyst

Hong Kong, Hong Kong Island
  • Job Code
    20145BR-1
About Wells Fargo: Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $2.0 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 273,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortunes 2017 rankings of Americas largest corporations. Wells Fargos vision is to satisfy our customers financial needs and help them succeed financially. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

The Financial Institutions Group (FIG) Credit Analyst protects the Corporations exposure by preparing quality credit underwriting for use by various Wholesale banking personnel. Knowledge of proper credit policies and underwriting practices will enable the analyst to provide timely and thorough credit analysis of foreign financial institutions in different regions like Asia and the Indian sub-continent, Europe, Latin America and the Middle East.

Specifically, theFIG Credit Analyst evaluates banks and other financial institutions in assigned geographic markets based upon standard and documented underwriting criteria as per Corporate andFIG Credit Policies. The end-product of the underwriting activity is a timely and thorough review of the financial institution, with appropriate internal risk ratings assigned to the counterparty and acceptable justification of those ratings.

Individual at this level is considered as the technical expect. He/she is expected to analyze the most complex companies and industries with independence and seek senior input on more complex issues. May conduct presentation to senior management. Incumbent at this level may provide supervision/training to less experienced team members. Primary duties include :
  1. Timely and accurate in the preparation of written analysis of banks and other financial institutions including Non Bank Financial Institutions (NBFI) in assigned geographic markets. This includes extensive financial statement analysis of individual institutions and comparison to other peer institutions within the same country or sub industry. Coordination of spreadsheet preparation with outside providers will typically be required; in some cases, internal spreadsheet preparation may be required. In addition to the financial review, the analysis should incorporate current news on relevant topics or/and events related to the counterparty, its industry and country. Standard analysis format will be used in preparing reports. Prepared analysis will sometimes be incorporated into annual country reviews as well as into certain transactional or portfolio reviews.
  2. As part of the analysis, an accurate risk ratings (including any changes from current ratings) must be assigned to the institution, with adequate justification contained within the analysis to support the assigned ratings.
  3. Application of monitoring tools to timely recognize potential problem loans in a specific market and/or counterparty.
  4. Maintain credit files for assigned accounts.
  5. May involve in planning for country exposure reviews by coordinating with line officers and outside resources to obtain supporting information and materials.
  6. May be called upon to provide comments on individual banks or banking systems in various internal meetings.
  7. May assist in internal and external exams by preparing the necessary credit folders for the exam. This will be done under direct supervision of the Loan Team Manager.
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  • Retail / Wholesale

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Credit Analyst

Wells Fargo
Hong Kong, Hong Kong Island

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Credit Analyst

Wells Fargo
Hong Kong, Hong Kong Island
HK

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