Title: Credit Risk Analyst
Location: Montréal QC H3A 2A6
Email Address:
PR: $78/hr on T4
About Kyyba:
Founded in 1998 and headquartered in Farmington Hills, MI, Kyyba has a global presence delivering high-quality resources and top-notch recruiting services, enabling businesses to effectively respond to organizational changes and technological advances.
At Kyyba, the overall well-being of our employees and their families is important to us. We are proud of our work culture which embodies our core values; incorporating value, passion, excellence, empowerment, and happiness, creates a vibrant and productive atmosphere. We empower our employees with the resources, incentives, and flexibility that they need to support a healthy, balanced, and fulfilling career by providing many valuable benefits and a balanced compensation structure combined with career development.
Job Description:
- Prepare and present annual credit reviews and new requests to credit committees
- This process includes comprehensive analysis on the counterparty and comparison with its peers, recommendation of rating using internal rating models, and expression of credit opinion.
- Analyze capital markets and corporate banking transactions with regulated funds and agency principals.
- Capital markets: derivatives (swaps, foreign exchange, credit and equity derivatives), repo, securities lending, prime services.
- Corporate banking: import and export trade finance transactions, and syndicated loan participations.
- Coordinate all aspects of the credit risk process in liaison with Coverage, Business, and other Functions.
- Review counterparty credit exposure excesses on financial institutions reported by the Credit Risk Control team.
- Co-ordinate with Legal Department to execute legal documentation by providing credit-sensitive terms.
- Review all legal documentation during annual review, ensuring all necessary documents are in place (including guarantees) and being familiar with the products covered under ISDA/CSA, PSA/ISMA, and SLMA.
- Work closely with Relationship Managers, Traders, Market Risk, Legal and Operations personnel to structure transactions to mitigate diverse forms of risk.
- Support all business lines credit requests / transactions for BNP Paribas' clients.
- Effectively handle multiple tasks and review several files simultaneously through effective prioritization of requests (in conjunction with immediate supervisor) and sound organizational skills.
- Participate to internal exercises to review exposures and ensure data quality for counterparties.
- Keep up to date with industry risks/trends, including credit, regulatory, and legal issues.
Minimum Required Qualifications:
- BS/BA required (with finance or economic background preferred).
- 5+ years' experience in capital markets or credit risk analysis
- Self-starter and highly motivated to learn about derivatives and other capital markets products.
- Clear communication skills to firmly and confidently express credit decisions & opinions.
- Ability to organize time and meet deadlines/deliver requests on time.
- Ability to work in a team environment: interacting with other credit analysts, relationship managers, front office and clients.
- Proficiency in Word and Excel.
Preferred Qualifications:
- Knowledge in capital markets products and related legal documentation (ISDA, CSA, GMRA )
- Formal credit training on funds within a financial institution
- MS, MBA, CFA or FRM is a plus
Disclaimer:
Kyyba is an Equal Opportunity Employer.
Kyyba does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. Minorities / Females / Protected Veterans / Individuals with Disabilities are encouraged to apply. All employment is decided on the basis of qualifications, merit, and business need."
It is the policy of Kyyba to provide reasonable accommodation when requested by a qualified applicant or employee with a disability, unless such accommodation would cause an undue hardship. The policy regarding requests for reasonable accommodation applies to all aspects of employment, including the application process. If reasonable accommodation is needed, please contact Kyyba at
Rewards:
Medical, dental, vision
401k
Term life
Voluntary life and disability insurance
Optional Pre-paid legal plan
Optional Identity theft plan
Optional Medical and dependent FSA
Work-visa sponsorship
Opportunity for advancement
Long-term assignment with opportunity for hire by client
SELECT AWARDS
An INC 5000 company for 10 years
Corp! Michigan Economic Bright Spots
Crain's Detroit Business Top Staffing Service Companies in Detroit
TechServe Alliance Excellence Award- IT and Engineering Staffing & Solutions
Best of MichBusiness winner in HR Wizards & Partnerships
Metro Detroit Elite Category: Recruitment, Selection & Orientation for 101 Best & Brightest
101 Best & Brightest Companies to Work for in Michigan