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Risk Manager (Financial Services)
Ref No.: 15-01941
Location: Jersey City, New Jersey
Position Type:Direct Placement
Start Date: 08/04/2015
PURPOSE
Provide an assessment of business and financial risks for individual borrowers in assigned relationships in order to establish borrower risk ratings as well as evaluate the proposed strategy for the relationship and provide comprehensive transactional analysis and approval recommendations within an overall portfolio management process ensuring an appropriate balance between risk and return.

PRIMARY RESPONSIBILITIES
- At an early stage works closely with the business on the risk aspects of new transactions under consideration and provides direction and guidance as required to ensure the eventual deal structure adequately mitigates key risk concerns.
- Reviews Single Name Strategies and Credit Requests within agreed timelines, evaluates the risks and highlights exceptions to applicable policies and guidelines and recommends appropriate course of action to GRM executives
- Prepares borrower risk assessments in a timely manner to identify and evaluate the major risks and recommend the appropriate Risk Rating to meet regulatory and business requirements.
- Prepares peer group comparisons from both a business and a financial perspective in support of the risk rating recommendation
- Quickly develops complex financial models (including income, balance sheet and cash flow statements, breakeven analysis and multivariable sensitivity testing)
- Actively follows business and financial performance through continuous monitoring of financial and industry information, regulatory events, external rating agency movements, KMV and other early warning signals
- Ensures timeliness and accuracy of the Classification/Watch Report
- Supports other team members as required
- Ensures a continuous improvement culture with particular focus on reducing non value added processes

JOB SPECIFICATIONS
- Minimum 5 - 7 years' experience in lending. Non-Investment Grade lending preferable. An understanding of Loan Documentation would be beneficial.
- Either possesses a post graduate degree or is working towards a CFA or CA/CMA designation. An MBA is highly preferable.
- Demonstrated financial modelling and analytical skills
- Strong interpersonal skills and teamwork skills
- Proven ability to write clearly and concisely
- Computer literate with high comfort level in use of word processing (Word), spreadsheet (Excel) and database software (various) and in using electronic tools for online research
- Global mindset, follows business and financial performance through continuous monitoring of financial and industry information, regulatory events, external rating agency movements, KMV and other early warning signals
- Ensures timeliness and accuracy of the Classification/Watch Report
- Supports other team members as required
- Ensures a continuous improvement culture with particular focus on reducing non value added processes