Credit Risk Management Role - Financial Institute

Responsibilities

The US Financial Institutions team covers the Financial Institutions portfolio across North America and Latin America. As a member of the team you will:

- Be responsible for independently reviewing and monitoring counterparties within the US Financial Institutions portfolio, which includes Insurers, Banks, Brokers and other Financial Institutions. Specifically, you will

- Write credit reviews recommending credit ratings for Counterparty's trading with the bank. This includes an evaluation of the Counterparty's business model, its credit profile, macro-economic and sector trends, financial analysis, performance vs its peers etc.

- Perform in-depth sector and peer reviews, highlighting key trends, growing risks and possible risk mitigation to be undertaken by the firm

- Participate in due diligence calls

- Monitor the performance of counterparties and also closely track developments related to the counterparty, industry, economy, regulations, markets etc. which could adversely impact the credit profile of the counterparty. Where necessary, detailed notes with the view/outlook and appropriate risk management action will have to be sent to Senior Management within the Risk Division

- Assist regional analysts in setting and negotiating credit terms to be included in legal agreements with the counterparty

- Present at various forums on critical developments

- Determining Organization's trading capacity by assigning risk appetite to counterparties - Set or rationalize credit limits in conjunction with business activity with the counterparty - Investigate limit excesses by liaising with Front Office, Operations and Exposure

Analytics team, to determine the cause and escalate genuine breaches as per Credit Policies

- Analyze stressed exposure under various scenarios, and provide commentary on the same

- Participate in adhoc projects related to rating methodology, portfolio monitoring, regulatory requirements etc.

Requirements

- Professional degree holders such as CAs, MBAs from reputed institutes or CFA - Prior experience in analyzing Banks / Broker dealers is a must

- Excellent communication skills - able to communicate clearly and succinctly, both verbally and in writing

- Strong analytical skills and flexible thinking across disciplines.

- Ability to work in a team set-up, and when required independently on projects / assignments

- Proactive approach and solution-oriented, with the ability to see challenging tasks to completion

Preferred

- Up to 5 years' experience in writing credit rating reviews on Financial institutions (Banks and/or Broker dealers)

- Credit Research covering Financial Institutions is also acceptable.