Credit Risk Analyst - Counterparty

Title - Credit Risk Analyst (Counterparty)

Work Location - Chennai, India

DUTIES AND RESPONSIBILITIES

The principal areas of the individual’s work program would cover a wide range of responsibilities and could include:

- Evaluate new counterparty credit risk through fundamental credit analysis and product analysis, including the assessment of complex derivative transactions,

- Document credit assessments by preparing and delivering credit presentations on specific trade counterparties. Propose internal credit ratings and trade risk tolerance in the form of exposure and limit recommendations,

- Work with the Bank’s legal team to negotiate credit and collateral terms for ISDA CSAs,

- Surveillance of counterparty default risk through ongoing monitoring and assessment of the financial strength of the Bank’s counterparties,

- Assist with the development and setting of guidelines/limits, internal policies and procedures to execute the Bank’s overall credit strategy,

- Ongoing production and delivery of reports to management on the Bank’s overall commercial credit risk positions. This includes the preparation of daily, monthly and quarterly risk reports,

- Assist Operations with counterparty collateral queries and trade exceptions,

- Working closely with all members of the US team including other credit analysts, market risk analysts and quantitative specialists. A team mindset is especially important for successful performance in this position,

- Lead and assist with group-wide projects in the areas of credit analysis, systems development and reporting,

- Prepare research papers on industry-wide trends and developments.

SELECTION CRITERIA

- BE & MBA or MBA Finance, CFA is a PLUS

- 5+ years relevant work experience. Formal credit training, rating agency analyst experience or similar experience as a credit analyst at a major financial institution.

- Experience with counterparty fundamental credit analysis, financial statement analysis and cash flow projections.

- An understanding of the credit, market and reputational risks associated with commonly traded financial products, including derivatives.

- Fully conversant with global capital markets, how major institutions manage and control financial risk.

- An understanding of evolving trends in regulation/oversight, global capital markets and how they may impact relevant issuers,

- Proven teamwork and strong interpersonal skills.

- Excellent oral and written communication skills. Proficiency in English is essential.