Job Responsibilities
- Assess the credit and financial strength of the firm's Financial Institution and CCP counterparts by performing fundamental credit analysis of both quantitative and qualitative credit factors
- Determine and manage the firm's credit risk appetite across derivatives, loans, funding and deposits for a portfolio of Financial Institution counterparts
- Approve derivative and funding transactions while ensuring appropriate documentation and risk mitigants to protect against default and minimize potential losses
- Perform credit underwriting of lending transactions, contributing credit recommendations and support to the firm's capital committee approval process
- Oversee and approve or perform counterparty research reviews and analysis of Financial Institution and CCP counterparts
- Proactively monitor and assess counterparts and industry subsectors including based on market indicators, regulatory guidance, rating agency commentary and counterparty surveillance and report relevant information and its impact to senior management in a timely manner
Qualifications
- Minimum of 5 years of experience covering Financial Institutions, either in a counterparty credit risk management role (preferred), fixed income research or other credit analyst role
- Bachelor's degree in Business Administration, Finance, or a related field
- Experience in presenting and defending credit work and findings to credit colleagues, senior management and other internal stakeholders
- In depth knowledge of banks, CCPs, broker-dealers, finance companies, BDCs, CDFIs, mortgage companies, insurers
- Knowledge of derivatives, funding, and lending products and related trading and lending documentation (i.e., ISDA/CSA, MRA, MSFTA, credit agreements)
