Senior Wholesale Credit Risk Examiner
Area Overview:
The Large International Financial Institutions (LIFI) Wholesale Credit Risk Group is responsible for the analysis and supervision of credit risk of U.S. operations of the top 23 LIFI firms assigned to the Federal Reserve Bank 2^nd District. Members of the wholesale LIFI team are responsible for on-going analysis and continuous monitoring of credit risk, leading asset quality and credit risk management examinations, attending meetings with internal and external management, leading targeted cross-firm analysis across and participating in annual risk and asset quality assessments for assigned firms. The Senior Wholesale Credit Risk Examiner also serves as a dedicated credit risk resource, working closely with business line specialists to perform annual risk assessments and develop supervisory plans.
Candidates for this position will act as a dedicated Credit Risk resource for a group of 3 to 4 of the most complex institutions within the portfolio from a specific geographic region or country. The Senior Wholesale Credit Risk Examiner –LIFI should have strong wholesale related credit skills, superior analytical/problem solving abilities and excellent written and oral communication skills.
Responsibilities
- Serve as the primary Credit Risk Specialist for a group of designated LIFI firms
- In conjunction with Wholesale Credit Analytics, maintain, monitor, analyze and present credit risk metrics and trends for assigned firms on a routine basis
- Attend routine meetings with senior management within assigned institutions and periodically prepare and report routine analysis of credit risk practices and trends
- Contribute to supervisory activities including the development of annual risk and asset quality assessments and supervisory plans
- Serve as a credit risk knowledge "expert" for the benefit of Supervisory Management teams at assigned institutions as well as for Wholesale Credit Risk Department Senior Management
- Lead and manage a team of examiners on mandated and targeted asset quality and credit risk management examinations for assigned firms and provide detailed supervisory recommendations and reports as needed
- Serve as Examiner-in-Charge or participate on annual Shared National Credit (SNCs) loan reviews for assigned firms
- Perform ad-hoc credit risk analysis projects as needed including detailed horizontal analysis across a broad spectrum of credit related products
Qualifications
- Advanced knowledge of fundamental credit risk principles and practices
- A minimum of 10+ years of business experience in the analysis and/or risk management of relevant credit products
- Familiarity with Basel II principles, Debt Capital Markets and advanced portfolio management practices including hedging strategies is helpful
- Demonstrated knowledge of the regulatory guidelines used to analyze wholesale credit risk
- Prior regulatory experience in a credit risk capacity is preferred
- Strong quantitative and analytical skills and ability to manipulate and visualize large qualities of data using Excel and PowerPoint
- Proven ability to lead a team of examiners, provide examiner mentoring and feedback
- Excellent written and oral communication skills
- Experienced writing and delivering presentations to internal and external executive management
- Strong interpersonal skills and proven ability to resolve conflict, build consensus and recommend compromise
- Strong self-motivation and work attitude with excellent organizational and time management skills
- Bachelor's degree required, preferably in Finance or Economics; Master's degree in the same disciplines is a plus
- Foreign Language Skills are strongly desired
- Position is based in New York City with limited travel within the metropolitan area
This position requires access to confidential supervisory information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so.
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