Depository Trust Clearing Corporation

Analyst, Counterparty Credit Risk

Source: Lensa

Analyst, Counterparty Credit Risk Are you ready to explore a world of possibilities? Join our DTCC family, and you'll grow your expertise and become the best version of you. As you embark on a new journey, you'll seek challenges with flexibility and patience, learning new skills and advancing your career while having the time of your life. Why You'll Love This Job: Being a member of our Risk Management team, you'll work to protect the safety and soundness of our systems and are responsible for identifying, managing, measuring and mitigating a spectrum of key risk types including credit, market, liquidity, systemic, operational and technology in all existing and new products, activities, processes and systems. Your Primary Responsibilities: The purpose of the Counterparty Credit Risk ("CCR") team is to identify, rate, and monitor the credit risk of member and participant firms, repurchase agreement counterparties, depository banks, money market counterparties, Line of Credit Providers, and critical vendors. The Counterparty Credit Risk team is primarily responsible for assessing the financial stability of DTCC's member firms by interpreting financial statements of banks, broker-dealers, and other financial firms. The analyst is responsible for assisting a team of credit analysts with the monitoring and ongoing surveillance of a portfolio of member firms. The analyst is also tasked with the maintenance of files and the gathering of information, as well as developing as a credit analyst. The Analyst (entry-level) of Counterparty Credit Risk is responsible for working with and assisting a Senior Associate with all processes regarding the management and assessment of the creditworthiness of a portfolio consisting of banks, broker-dealers, and other financial institutions. Analyze and spread financial statements to identify credit risks and mitigants, and to assess trends in financial institutions' (e.g., banks, broker-dealers, trusts, central securities depositories, etc.) capital adequacy, profitability, asset quality, and liquidity/funding management. Assist Senior analyst with completing annual reviews and ongoing surveillance of member firms across clearing corporations, to assess the creditworthiness of member firms. Reach out and follow-up with Member firms regarding information requests and responses. Assist Senior analyst with the Credit Risk Rating Model (rating changes and qualitative factors). Work with internal departments, including Market Risk, Product Management, Relationship Management, Legal, and Compliance, to maintain transparency when assessing potential risk exposures within member firms. Provide written drafts for Monitoring and Surveillance items (negative news, parameter breaks and market indicators). Take internal and/or external trainings to enhance credit analysis skills Responsible for credit administrative tasks such as saving and maintaining files, gathering documents for the team and taking notes, etc). Complete regulatory searches (MIS, FDIC and CRD broker-check, etc.) on Member firms. Demonstrate regulatory awareness and compliance and ensure adherence to risk-related policies and best practices. Complete Ad-hoc projects as assigned. Ensure compliance with CCR's policies and procedures. NOTE: Responsibilities of this role are not limited to the details above. Talents Needed for Success: 0-1 years of experience in credit risk with experience in financial statement analysis and the understanding of a broad range of financial products. Strong analytical and problem-solving skills Financial statement analysis (prior work experience or coursework) Excellent presentation, verbal and written communication skills Passion for credit analysis and the financial markets Self-starter who is detail oriented and can prioritize responsibilities to meet tight deadlines Ability to work well under pressure and multi-task in a dynamic environment Bachelor's Degree in Accounting, Finance or Economics (Strong academic record with courses in financial analysis and financial markets preferred). CFA or FRM Candidate preferred. We offer top class training and development for you to be an asset in our organization! We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.About UsAbout DTCCDTCC safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry's needs and we're working to continually improve the world's most resilient, secure and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost and bring stability and certainty to the post-trade lifecycle.Our work environment favors openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you'll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It's the chance to make a difference at a company that's truly one of a kind.About the TeamOur Risk Management teams work to protect the safety and soundness of our systems and are responsible for identifying, managing, measuring and mitigating a spectrum of key risk types including credit, market, liquidity, systemic, operational and technology in all existing and new products, activities, processes and systems.

6 days ago

Coppell, Tx

Depository Trust Clearing Corporation

Full Time

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