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Credit Analyst Manager
Ref No.: 18-01692
Location: Jersey City, New Jersey
Large Company has a Contract Opporunity in Jersey City, NJ

Needs to have been Credit Analysts in past positions who can now manage approximately 15 Credit Analysts.

The purpose of the Counterparty Credit Risk ( "CCR”) team is to set forth guidelines for specific actions that CCR personnel should take to fulfill its mandate to identify, rate, and monitor the credit risk of member and participant firms and repurchase agreement counterparties, depository banks and money market, Line of Credit Providers, and critical vendors. The Counterparty Credit Risk team is primarily responsible for assessing the financial stability of member firms by interpreting, but not limited to, focus filings, income statements, and balance sheets. Each CCR analyst is responsible for a portfolio of Member firms and is required to perform annual reviews and ongoing surveillance, review earnings releases and reviewing new Member applications across the CCPs. The analyst is also tasked with maintenance of the credit risk rating matrix and assessing compliance with established financial parameters and keeping current on new accounting and regulatory pronouncements that impact member firms.

Responsible for leading and developing a team of credit analysts and providing oversight of a portfolio consisting of banks, broker-dealers, and other financial institutions.