Risk, Credit Risk (Global Markets), Associate, Salt Lake City
About The Position
The Risk Division is a team of specialists charged with managing the firm's credit, market, liquidity, operational and insurance risk. Whether assessing the creditworthiness of the firm's counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm's success. The division is ideal for collaborative individuals who have strong ethics and attention to detail. Credit Risk (CR) is responsible for managing the firm's credit exposure to its trading and lending counterparties. Leveraging its extensive expertise in financial, credit and risk analysis, CR ensures that credit exposure to our counterparties is managed within the firm's risk appetite. Staffed with more than 270 professionals, CR operates through 12 different offices around the world and credit professionals work closely with many areas of the firm. Given this structure, CR professionals gain diverse financial experience and a broad perspective on how the entire firm functions. The interaction with numerous departments and the range of projects that ensue allow for a challenging, varied and multi-dimensional work environment.
Requirements
- Excellent academic record
- 2-5 years of experience in a finance, markets, or risk role
- Significant knowledge of capital markets, including derivatives and/or repo
- Demonstrable track record of achievement and independent decision making
- Excellent attention to detail. Strong analytical and communication skills
Nice To Haves
- Knowledge of financial markets and portfolio risk management.
- Appropriate financial/analytical skills
- Builds trusting, long-term relationships with clients, helps the client to identify/define needs, and manages client/business expectations
- Strong team player, works well under pressure, and collaborates with others across teams and business units
- Communicates in a clear and concise manner, shares information/new ideas with peer group and team, and escalates as appropriate
- Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions, and identifies clear objectives. Sees the big picture and effectively analyzes complex issues
- Looks for new ways to improve current processes and develop creative solutions with practical value
- Values constant self-improvement and learning
Responsibilities
- Assess the financial strength of hedge funds by performing fundamental counterparty analysis. Interpret quantitative and qualitative factors drawn from fund's risk reports, portfolio analysis, and client calls
- Evaluate derivatives and financing transactions across Global Banking & Markets clients. Review and approve risk in a fast-paced environment while ensuring appropriate mitigants in place to minimize losses in event of counterparty default. Assess risk of transactions through reviews of quantitative models, portfolio analysis, stress testing, and other methods
- Perform counterparty reviews, including recommending appropriate internal risk rating for each counterparty and setting credit limits
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
