Credit Risk Management Analyst

Credit Risk Management Analyst

13 Aug 2024
Texas, Dallas / fort worth, 75201 Dallas / fort worth USA

Credit Risk Management Analyst

Vacancy expired!

Credit Risk Management Analyst
Salary: $75k-$85k + 10% bonus
Location: Chicago, IL/Dallas, TX
Hybrid Role: 2 days in-office, 3 days remote
We are unable to provide sponsorship for this role
Bonus Eligible

A prestigious financial company is seeking a Credit Risk Management Analyst that will identify, measure, monitor, manage and report various risks. Preferred candidates will have experience with Bloomberg and/or S&P Global Market Intelligence.

Qualifications
  • Bachelor’s degree (preferably in Risk Management, Accounting, (Computational/Quantitative) Finance, or Economics) or equivalent work experience required. Master’s Degree preferred
  • 2-4 years of counterparty credit risk or relevant financial services industry experience
  • Proficient in Microsoft Office, including Excel experience using lookups and pivot tables to perform data analysis, and comfortable developing PowerPoint presentations
  • Proficient in SQL, including the ability to write and edit queries to assist with mining and visualizing data from multiple sources.
  • Experience using data visualization software (e.g., Tableau, Power BI)
  • Coding skills e.g., SAS, Python or other languages, experience with large data sets
  • Intermediate-to-Advanced quantitative, analytical, problem-solving skills, including the ability to accumulate, organize, and assimilate large amounts of information.
  • Experience with systems implementation, including developing business requirements, testing and familiarity with scheduling tools (e.g., UC4)
  • Experience using Bloomberg and/or S&P Global Market Intelligence, and the technical ability to connect these tools to Excel preferred


Responsibilities
  • Monitor ongoing creditworthiness of counterparties and their compliance with rules and other regulatory requirements, material news and event disclosures, interact with counterparties to identify root cause of issues or concerns, and escalate issues requiring enhanced surveillance to department management and internal working groups so appropriate actions can be taken
  • Independently analyze financial statements to identify levels and trends in key metrics and ratios
  • Perform and document assessments on clearing member’s risk management policies, procedures, processes, staff, and systems to understand how the member is mitigating its risks
  • Manage the applications of new counterparties and document results for presentation to senior management and Board Risk Committee for approval
  • Collaborate with other Financial Risk Management teams and counterparty-facing departments to assess all risks posed by counterparties
  • Ensure counterparty inquiries are addressed regarding risk policies and procedures as well as time-sensitive questions regarding margin requirements and position movements
  • Support system, data, and risk methodology development, review data and risk methodologies during annual reviews, and identify underlying methodology assumptions with a comprehensive set of special cases
  • Develop and conduct advanced data analytics and reporting to identify and analyze causal links and meaningful relationships (e.g., correlations, distributions, percentiles) across large and/or multi-sourced data sets, determine best methods and visuals to communicate analytical insights, and deliver compelling and easy to understand narratives of those insights to support executive decision making
  • Develop, maintain, and adhere to written policies and procedures
  • Participate in procedure-related control testing activities
  • Support regulatory reporting obligations


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Other As Needed: Assists with other risk management activities as needed Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled

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    Description

Job Details

  • ID
    JC44832325
  • State
  • City
  • Job type
    Permanent
  • Salary
    $75,000 - $85,000
  • Hiring Company
    Request Technology, LLC
  • Date
    2022-08-12
  • Deadline
    2022-10-11
  • Category

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