Associate – Credit Risk Analyst

12 months contract

Hybrid, 3 days onsite

Responsibilities:

• 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 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