Credit Risk Analyst Hiring For leading Investment Bank

Job Description

Roles and ResponsibilitiesCredit Risk:Credit Risk (CR) is a central part of Firms risk management framework, with primary responsibility for assessing, monitoring and managing credit risk at the Firm. Understanding the credit quality of counterparties such as corporations, financial institutions, funds and governments worldwide is an essential aspect of the firms ability to be an effective financial intermediary. CR professionals with expertise in financial, credit and risk analysis work closely with many areas of the firm, offering a unique opportunity to gain a broad perspective on the activities of the Firm.ResponsibilitiesThe responsibilities may include the following:Managing product risk, including credit limit and settlement risk monitoring, limit exception management, stress testing, risk exposure analysis and post-trade risk management processesDeveloping a good high level working knowledge of methods used to model and monitor credit risk across various products. Leveraging the knowledge to assess risk of transactions, portfolio analysis and stress testingAssessing the credit and financial strength of counterparties like, hedge fund, mutual fund and private equity fund by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors. Recommending appropriate internal risk rating for each counterparty and setting credit limitsUnderstanding credit and margin terms in trading documentation to protect against a defaults and minimize potential lossesSupporting projects to improve the firms systems and infrastructure, leveraging and developing your knowledge of how the firm models and monitors credit risk across various traded productsExecuting on projects to manage big data and design and automate existing infrastructure, performing anomaly detections in large data sets, investigating the cause, recommending corrective actions and executing the agreed solutionsIdentifying, investigating and resolving data discrepancies or omissions required for core risk management and reporting needs while proactively redesigning and implementing enhanced workflows to ensure continual improvement in data capture and integrity for current and future needsWorking collaboratively with Risk Engineering colleagues to continually identify and solve foroperating efficiencySpreading historical and projected financials in Credit systems and performing analysis includingpeer comparison to identify and document trends and anomalies necessary in assessingcreditworthinessPreparing regular reports and trend analysis for client public rating changes, funding activities, amendment activity for prudent counterparty risk management Analyzing borrowing base and covenant compliance certificates for lending clients and documenting findingsPreparing materials to guide interactions with firm external governing bodies such as regulators and industry bodiesDeveloping and managing relationships with other areas of the firm, including Trading, Operations, Collateral Management, Legal, Compliance, Controllers, Internal Audit, TechnologyQualifications1-5 years of experience in a related credit risk role, preferably in hedge funds, private equity and/or financial institutions spaceExcellent written and verbal communication skillsEntrepreneurial, creative, self-motivated and team-orientatedStrong analytical and quantitative skills and ability to understand mechanics of derivative productsPractical knowledge of mathematics and numerical algorithms, including statistics and time series analysis.Experience with, or keen interest to develop expertise in, financial markets & economicsExperience with, or keen interest to develop expertise in, development of risk analytics,interpretation & productivity tools for cultivating insights into risk & capital metric data.Experience with, or keen interest to develop expertise in, programming skills is preferable

Keyskills :
credit analysistime seriesbasiscredittrend analysisbig datarisk management frameworkrisk managementrisk analysisrisk analyticsrisk monitoringstress testingmisprivate equityhedge fundsinternal auditcredit riskmutual fundsrisk