Risk Division - Salt Lake City - Associate, Credit Risk - 9397623
About The Position
Responsible for approving transactions, setting credit exposure limits, monitoring adherence to those limits, measuring credit exposure and losses from counterparty default. Manage risk levels through the analysis of the business and financial profile of the firm's trading counterparties, including independent review and ongoing monitoring of the quality of the loan and derivative portfolio and testing/validating Credit Risk’s ratings, processes and methodologies. Conduct in-depth analyses related to causes and effects of credit events and conduct sector and/or regional (i.e. country) based concentration analyses. Assess the credit and financial strength of the firm's Financial Institution 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.
Requirements
- Master’s degree (U.S. or foreign equivalent) in Finance, Accounting, Economics, or a related field and one (1) year of experience in job offered or a related role
- Bachelor’s degree (U.S. or foreign equivalent) in Finance, Accounting, Economics, or a related field and three (3) years of experience in job offered or a related role
- Assessing the credit and financial strength of the financial institution’s counterparts by performing fundamental credit analysis of both quantitative and qualitative credit factors
- Determine and manage the Firm’s credit risk appetite across
- Performing credit underwriting of lending transactions
- Contributing to credit recommendations
- Supporting the capital approval process
- Determine and manage the firm's credit risk appetite across derivatives, loans, funding and deposits for a portfolio of Financial Institution counterparts
- Presenting findings and recommendations to senior management and answer questions relating to credit analysis performed
- Monitoring industry subsectors based on market indicators, regulatory guidance, rating agency commentary, and counterparty surveillance and reporting information and its impact to senior management
Responsibilities
- Approving transactions
- Setting credit exposure limits
- Monitoring adherence to credit exposure limits
- Measuring credit exposure and losses from counterparty default
- Managing risk levels through analysis of business and financial profile of trading counterparties
- Independent review and ongoing monitoring of loan and derivative portfolio quality
- Testing/validating Credit Risk’s ratings, processes and methodologies
- Conducting in-depth analyses related to causes and effects of credit events
- Conducting sector and/or regional based concentration analyses
- Assessing credit and financial strength of Financial Institution counterparts
- Performing fundamental credit analysis of quantitative and qualitative credit factors
- Determining and managing the firm's credit risk appetite across derivatives, loans, funding and deposits for a portfolio of Financial Institution counterparts
- Approving derivative and funding transactions
- Ensuring appropriate documentation and risk mitigants to protect against default and minimize potential losses
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
