Credit Risk Manager - Consultant

Credit Risk Manager - Consultant

Jersey City, New Jersey
10247740
12-14-2017
or
Intermedia Group has an opening for the following Consultant:

TITLE: Credit Risk Analyst - Manager
TYPE: Contract
CLIENT: Fortune 100 BANK
LOCATION: Jersey City, NJ

CRITICAL DUTIES

This is a managerial level credit worthiness analyst position. Client seeks professionals who have conducted extensive credit worthiness appraisals of entities, and also has experience leading a team of analysts. 

POSITION DESCRIPTION
  • The purpose of the Counterparty Credit Risk (“CCR”) team is to set forth guidelines for specific actions that CCR personnel should take to fulfill its mandate to identify, rate, and monitor the credit risk of member and participant firms and repurchase agreement counterparties, depository banks and money market, Line of Credit Providers, and critical vendors. 
  • Responsible for leading and developing a team of credit analysts and providing oversight of a portfolio consisting of banks, broker-dealers, and other financial institutions. 
     
PRINCIPAL RESPONSIBILITIES
  • Approve completed annual reviews and ongoing surveillance of member firms across clearing corporations. 
  • Coordinate requirements for the design of credit risk monitoring tools to further automation. 
  • Review credit thresholds for Treasury counterparties to assure adherence to policy standards.
  • Liaise among internal departments, including CCPs, Legal, and Compliance, to maintain transparency when communicating with external members. 
  • Manage and develop staff of approximately 2-5 analysts. 
  • Oversee new member applications to ensure compliance with membership requirements. 
  • Act as first-line of approval in placing member firms on enhanced surveillance. 
  • Demonstrate the behaviors and competencies that create a risk management mindset in the organization. 
  • Drive regulatory awareness and compliance and ensure adherence to risk-related policies and best practices. 
  • Ensure compliance with CCR’s policies and procedures 
     
REQUIRED EXPERIENCE
  • 7+ years of experience risk management or financial analysis, including 4+ years of managerial experience; experience in financial statement analysis of numerous types of financial sector firms, knowledge of credit risk modeling and experience with a broad range of financial products. 
  • Strong knowledge of financial statement analysis with a concentration in broker/dealers, banks, hedge funds, and foreign entities 
  • Understanding of the regulatory financial reporting required for broker/dealers and bank such as FOCUS and Call Reports 
  • Strong understanding of regulatory rules and regulations 
  • Excellent understanding of global market risks and their impact on members’ financial condition 
  • Robust analytical and problem-solving skills 
  • Demonstrate effective management skills, including ability to oversee a team of analysts and promote their development 
  • Bachelor’s Degree in Accounting, Finance, Business or Economics. MBA or CFA Preferred. 
  • Supervision Exercised: Supervises staff of 2 - 5 credit analysts. 
     
INTERESTED APPLICANTS
If you are interested in pursuing this opportunity, please respond back and include the following
  • Full MS WORD Resume
  • Current and required compensation
  • Current contact information
  • Availability
Upon receipt, one of our managers will contact you to discuss in full 

Mervin Hernandez
INTERMEDIA GROUP, INC.
131 Varick Street
New York, NY 10013
Voice: 212-248-0100

Email: mervin@intermediagroup.com

Recruiter Contact

Mervin Hernandez | Recruiter
mhernandez@intermediagroup.com
Intermedia Group Inc. | New York, NY
Main: (212) 248-0100
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