Credit Risk Analyst
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Credit Risk Analyst
Ref No.: 18-07413
Location: New York, New York
A Major Financial Firm located in New York, NY has an immediate contract opportunity for a Credit Analyst.

JOB DESCRIPTION
  • To advise the Bank on risk appetite definition
  • To contribute as an objective "second pair of eyes” that risks taken on by the Bank align with its policies
  • To report and alert Bank Management of the status of risks to which the Bank is exposed
  • To contribute to the development and growth of the risk culture within the Group
RISK COVERAGE
RISK perimeter encompasses: credit and counterparty risk, market risk, funding and liquidity risk, interest rate and FX risk of the Banking book, insurance risk and operational risk.
RISK covers all Group's activities and geographies.
To provide an holistic view of the risk profile to the Bank's management and Board, RISK coordinates with the relevant control function(s) to ensure relevant risk assessment, aggregation and reporting.


Responsibilities:
  • Prepare counterparty credit analysis of North American banks and brokers for presentation to Credit Committees. This process includes CARMELS credit analysis approach, coupled with credit commentary on banks' management, business strategies and competitive positioning within the market segment. Counterparties include US SIFI Banks and Brokers, Canadian Banks, US Major, Regional and Community Banks, Supranational entities, GSEs, Small and Mid-sized brokers, as well of foreign subs of international banks operating in the US.
  • Analyze capital markets and corporate banking credit risks generated by North American financial institutions. Capital market transactions include equity derivatives, swaps, bond options, repos, foreign exchange, equity trading, and securities lending. Corporate Banking transactions include import and export trade finance proposals, and syndicated loan participations. Responsibilities also extend to reviewing counterparty credit exposures provided by Credit Control and Reporting Team.
  • Support all business lines credit requests / transactions for Company Bank clients. The priority is to complete the relevant credit applications in order to establish lines that are within the Bank's risk tolerance.
  • Effectively handle multiple tasks and review multiple files simultaneously through effective prioritization of requests (in conjunction with immediate supervisor) and sound organizational skills.

Qualifications:
  • Education: BA/BS required. Concentration in finance or economics preferred. MBA a plus
  • Experience: 3+ years of relevant work experience; Credit training at a large bank a bonus
  • Languages: English (Spanish or Portuguese a plus)
  • Skills:
    • Strong credit skills and comprehensive knowledge of the North American banks and brokers credit & trading products
    • Clear communication skills to firmly and confidently express credit decisions & opinions
    • Capable of managing daily work flow and on-time deliverables
    • Team oriented personality