Senior Credit Analyst
Euler Hermes
Total years of experience :7 years, 11 Months
Covered mainly construction, housing and commodities credit insurance and invoice finance applications.
• Answered limit requests changing from 250K to 15M (underwriting authority changed according to the internal
rating generated for specific client) by taking cases through the risk approval and underwriting processes working
with other teams in the Department and external advisers
• Provided an independent review and challenge the initial and ongoing ratings (grading) generated by first line
credit teams both manual ratings and the ones generated by machine learning-Auto grading.
Undertook detailed periodic reviews and validations of the assigned internal ratings, sending rating change request
when need be
• Communicated to the account managers and brokers daily.
• Attended to the client (policy holder) and buyer meetings
• Took the full responsibility of the specific trade cycle since the potential claims generated will be addressed to the
specific Underwriter.
• Used IRP for auto grade-ratings and smaller size limit requests
Covered retail, aerospace, defence and infrastructure industries, wrote the whole credit paper and presented it to
the head of Underwriting
• Reviewed enquiries and applications for BSS (Bond Support Scheme), EWCS and Supply Chain Discounting received
from exporters, brokers, and banks for trade finance and/or trade credit insurance products
• Prepared internal case documents including credit submissions, underwriting cases by completing a
comprehensive risk assessment of each application received as per existing procedures (including the credit risk
assessment, legal compliance and anti-bribery and corruption due diligence, waiver requests, covenant calculations)
and according to UKEF credit policies, liaising with exporters, brokers, banks, UKEF senior management
Project specific Cash Flow Analysis
• Presented cases to UKEF’s Credit Committee
• Contributed to the negotiation of key documentation with stakeholders
• Had responsibility for taking cases through the risk approval and underwriting processes working with other teams
in the Department and external advisers
• Participated in marketing activities as required, including giving presentations at meetings
• Contributed to policy development and process improvement.
Decided on credit limit requests and monitoring risk exposure (commodities and construction industry)
Portfolio management under a specified MGE (maximum general exposure for the umbrella policy)
• Was responsible for own portfolio of customers, met them regularly, organised telephone conferences and
provided a proactive service level.
Conducted extensive credit research in healthcare industry covering Middle East
• Presented in the board committee, delivered presentations to the clients and other stakeholders
• Identified options for potential solutions and assessed them for both technical and political suitability
• Coordinated the work done by junior
Corporate Finance Group-Leveraged Finance Team
• Analysed high yield companies (also some Investment Grade Business and Consumer services companies)
• Prepared credit estimate memorandums based on the cash flow projections by running Moody’s internal Cash
Flow projections, liquidity analysis (LGD, LRI, GRI, amortization schedule), covenant calculations, peer comparisons
and industry outlooks.
• Analysed Syndicated Loan Agreements and SFAs
• Communicated with the analysts in the funds regarding the annual and management reports and capital structure
of recent LBOs, held due diligence and contributed to the update of credit opinions.
• Attended rating committees where I presented the credit memorandums to the relevant analysts in charge of that
industry
• Communicated and explained rating decisions made in the rating committees
• Calculated credit default risk exposures and held regular reviews featuring sector analysis
• Gave market updates during weekly meetings to the team members
Also provided some shadow ratings for the tranches of bonds that went as input for the CLO, structured finance
team.
Part of the daily job included counterparty monitoring of share price, CDS spreads, ratings and identification of
emerging credit risks and mitigating actions.
Country and Financial Sector Analysis division with a focus on MENA region under FEMIP
• Produced introductory section of the IMF-World Bank-EIB joint “Enterprise survey” named access to finance
• Analysed SME funding channel, country and banking sector related risks for the MENA region geocoded access to
finance in those countries (using Stata and EViews), corporate credit analysis and using external country risk
scorecards, banks risk capacity, concentration risk matrix and country risk appetite, trade operations, allocation as
part of group country risk
Supported Client Managers with their work (running their monthly projects, helping with ad hoc queries,
helping them maintain client records), provide Simfund support and training to clients, and to handle administrative
tasks such as interfacing with the print vendor, running Flow Watch
reports, maintaining the client mailing list, keeping client records up to date.
Performed investment recommendation analysis (market trends, credit/ money impulse, tactical asset allocation,
bank stress tests) at country and company level with Chief Economist and Managing Editor
• Full responsibility of layout and design of “European Investment Strategy Weekly Bulletin”
• Updated chart pack and trade/ investment recommendations weekly
• Gave daily/weekly updates to clients and answered the questions of different counterparties regarding the models
and underlying data
Major in
International Economics and Finance
International Economics and Finance
I am passionate about fixed income, risk, uncertainty, randomness and behavioural finance.