Description
In managing risk, Enterprise Risk Management ("ERM") serves in a vital capacity by providing independent oversight, monitoring and control of business unit activities on a global basis. Our bank has established an enterprise risk management framework that oversees various sources of risk: Credit, Interest Rate, Liquidity, Market, Operational (including Fiduciary) and Business (including strategic and reputational). Enterprise Risk Management discharges its responsibilities via a matrix organization aligned with major business units and geographic regions (EMEA and Asia Pacific). Principal ERM activities include:- A key role in enabling governance of risk at the Management and Board level, including the articulation and approval of risk appetite and risk policies
- Facilitating risk identification for capital and incentive compensation analyses
- Establishing guidelines, programs, and standards supporting risk management policies
- Providing independent oversight of enterprise-wide adherence to risk management policies, standards and limits
- Providing independent risk monitoring, reporting and escalation of risk management issues and concerns
The Credit Analysis function within the Counterparty Credit Approval group in ERM is responsible for supporting the principal ERM objectives by completing thorough credit analysis and due diligence of the bank's counterparties to facilitate informed credit decisions and to support monitoring of material counterparty exposures and limits and to escalate identified risks as appropriate. The candidate for this particular position will principally perform credit analyses of non-fund counterparties, largely corporate and insurance counterparties, who seek to do business with the bank across a spectrum of business products.
Responsibilities
- Conducts independent risk analyses and assessments for both large scale and the most complex entities/transactions
- Gathers information about customer relationship and related credit exposures
- Reviews financial statements and other supporting documentation
- Utilizes multiple sources to gain background information on assigned clients
- Prepares summary of terms and conditions including assessment of any financial covenants
- Analyzes company industry, competitive position and historical financial performance
- Identifies risk issues, strengths and weaknesses
- Identifies exceptions to policies and guidelines
- Recommends an appropriate risk rating
- Participates in or leads special projects as assigned
- May coach or supervise junior staff members
- May potentially serve as credit approver for select counterparty sectors
Qualifications
- Bachelor's degree in business, finance or related field
- 5-7 years related experience including commercial lending and/or regulatory examination and formal bank credit training or equivalent. Prior analytical experience of corporate and insurance counterparties
- Excellent communications skills
- Strong interpersonal skills
- Excellent analytical, underwriting, credit structuring, documentation, credit and administration skills.
- Ability to work independently, prioritize and multitask
- Attention to detail
Please contact Matthew Gallira at Huxley Associates for more information.
To find out more about Huxley Associates please visit www.huxley.com