Counterparty Credit Risk Senior Associate

DTCC Candidate Experience Site • Dallas, TX

105d

About The Position

Are you ready to make an impact at DTCC? Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We're committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

Requirements

• Bachelor's degree in Accounting, Finance, Business, or Economics required.
• 5+ years' Proven experience analyzing financial institutions (broker-dealers required).
• Prior experience with setting credit covenants or conditions to mitigate risk.
• Hedge Fund analysis experience a plus.

Nice To Haves

• MBA, FRM or CFA preferred.
• Excellent knowledge of financial statement analysis for various financial institutions, particularly banks, broker-dealers and hedge funds.
• Fundamental credit analysis skills, including knowledge of CAMELS and other rating systems.
• In-depth understanding of regulatory rules and regulations.
• Effective interpersonal skills, both oral and written.

Responsibilities

• Analyze financial documents to identify credit risks and mitigants, and to assess trends in financial institutions’ capital adequacy, profitability, asset quality, and liquidity/funding management.
• Work with internal departments, including Market Risk, Product Management, Relationship Management, Legal, and Compliance, to maintain visibility when assessing potential risks or concerns with new applicants.
• Serve as the main point of contact for new applicants and coordinate due diligence calls.
• Review new member full-service applications to assess whether the applicants’ financial condition meets DTCC member requirements.
• Adhere to risk-related policies and standard processes of CCR.
• Analyze and assess Investment Counterparties and Line of Credit Providers and occasionally Third-Party Vendors.
• Demonstrate the behaviors and proficiencies that build a risk management mentality in the organization.
• Demonstrate regulatory awareness and compliance and ensure adherence to risk-related policies and standard methodologies.
• Ensure compliance with CCR’s policies and procedures.

Benefits

• Competitive compensation, including base pay and annual incentive.
• Comprehensive health and life insurance and well-being benefits, based on location.
• Pension / Retirement benefits.
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• Flexible/hybrid model of 3 days onsite and 2 days remote.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees