Credit Risk Business Analyst

  • BAMM,
  • Jersey City, NJ
  • 15 hours ago
Business Analyst, Credit, Risk, Excel, FX
Full Time
Depends on Experience
Work from home available Travel not required

Job Description

Business Overview:

  • 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: 

  • The 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 a 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:

  • Financial Institutions: Prepare and present annual credit reviews and new requests of banks (public & private), brokers and Finance Companies within the Americas to Credit Committees.  
    • This process includes comprehensive analyses on the banking sector and institutions in each country, coupled with credit commentary on banks' management, business strategies and competitive positioning within the industry.

 

  • Regulated Funds: Assist in onboarding of regulated funds including gathering and reviewing documentation/financials and performing inputs into internal credit systems.
  • Analyze capital markets and corporate banking credit risks generated by financial institutions in the Americas.  
    • 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 Cont'd: 
 

  • Responsibilities also extend to reviewing counterparty credit exposures provided by Credit Control and Reporting Team.   
  • Co-ordinate with Legal Department to execute legal documentation by providing credit-sensitive terms in legal documentation and collateral arrangements with financial institution clients.
  • Continuously interact with Marketers, Traders, Market Risk, Legal and Operations personnel to structure transactions to mitigate diverse forms of risk.
  • Work closely with Relationship Managers, Transaction Team, and other Credit Officers to assist in structuring transactions to minimize un-due credit risk. 
  • Support all business lines credit requests / transactions 
    • 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. 
  • Provide credit parameters for legal documentation in conjunction with immediate supervisor.  Additionally, review all legal documentation at time of annual review, ensuring all necessary documents are in place (including guarantees) and being familiar with what products are covered under the ISDA/CSA, PSA, PSA/ISMA, and SLMA. 
  • To be part of regulatory and internal exercises to coordinate exposures or Counterparty data for larger BNPP needs.
  • Remain familiar with industry risks/trends, including credit issues, regulatory issues and legal issues, among others.

 
Minimum Required Qualifications

  • BS/BA required with finance or economic backgrounds strongly preferred.
  • Self-starter and highly motivated.

 
Preferred Qualifications: 

  • 5 - 10 years previous experience in banking or credit experience.
  • Technical skills advanced Excel or with coding or skills.
Dice Id : 10124911
Position Id : 6946522
Originally Posted : 2 weeks ago
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