Associate Director, Credit Risk Manager
$120,000–$200,000 year
On-siteNew York, United States
New York, United StatesOn-siteFull Time$120,000–$200,000 yearSenior LevelBachelors DegreeSmall
Full TimeSenior LevelBachelors DegreeSmall
Job Summary
Review commercial loan requests by analyzing credit histories and financial statements to assess risk levels and recommend approval or denial. Consult with customers to verify transactions, resolve inquiries, and communicate with credit associations regarding customer credit history. Evaluate borrower risk assessments to identify major risks, adjudicate risk ratings, and develop complex financial models including income, balance sheet, and cash flow statements. Prepare peer group comparisons and continuous monitoring reports while mentoring junior staff and ensuring a culture of continuous improvement.
Required Qualifications
- Bachelor Degree
- 5-8 years of related work experience including experience working in group risk management or a corporate banking function of a major investment bank
- Two years of experience developing financial models, performing credit risk analysis and working with Capital Markets division of a Global bank
- Ability to prepare write clear and concise reports in a timely fashion, documenting applicable business requirements and regulatory concerns
- Strong communication (written and verbal) and interpersonal skills
Desired Qualifications
- Demonstrated financial modelling and analytical skills
- Strong teamwork skills
- Computer literate with high comfort level in use of word processing (Word), spreadsheet (Excel) and database software (various) and in using electronic tools for online research
- Development or review of complex financial models (including income, balance sheet and cash flow statements, breakeven analysis and multivariable sensitivity testing)
- Ability to apply the forecasted changes in macro-economic variables to prepare a stressed forecast for the client's business
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.