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Credit Risk Officer Corp/Comm

New York, New York

Job Description:

Job Description

  • Provide Global Markets Credit coverage of the Structured Financing Transaction and Flow Trading Securities Finance portfolios within the Rates and Equities businesses for US and EMEA 
  • Support the Rates business in reviewing transaction structures, collateral stresses, terms and conditions 
  • Participate in the Deal Review Council approval process for the SFT Rates business 
  • Coordinate review and approvals with GCIB Wholesale Credit Officers for recourse obligors, Enterprise Credit Risk and Global Markets and Financing Risk  
  • Review and maintain product related policies and procedures
  • Represent GMC in internal governance forums, audits and regulatory meetings 
  • Recommend trade level haircuts for reverse repurchase or similar transactions
  • Identify, track and manage Wrong Way Risk with regard to securities financing 
  • Monitor global macro market environment and assess the risk impact of market conditions on the financing portfolio
  • Coordinate periodic and/or adhoc reporting 
  • Provide GMC input into key projects/initiatives, such as Internal Model Method (IMM), Tri Party Repo risk assessment, Sponsored Repo trading

Requirements

  • 7+ years of experience covering flow financing activities in a similar role or in a Credit Risk role 
  • Strong understanding of Counterparty Credit Risk especially involving Repurchase/Reverse Repurchase activities           
  • Strong knowledge of the underlying securities especially structured products and corporate bonds 
  • Ability to establish partnerships across the organization (Structuring, Trading, Sales, Risk and support partners) and build effective work groups
  • Understanding of relevant documentation including MRA/GMRA, MSLA/GMSLA and ISDA/CSA 
  • Understanding of Agency Lending Disclosure of Principal (ALDOP) platform 
  • Strong organizational, oral, and written communication skills
  • Proficiency with Bloomberg, Word, Excel and PowerPoint
  • Willingness/desire to improve and/or streamline processes

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21016360

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Referral Bonus:

Check out the New York City office

Located in midtown Manhattan, we’re right across from Bryant Park and a short walk to Times Square, Broadway theaters, Grand Central Station, excellent shops and world-class restaurants.

Street-level photo looking up at Bank of America tower
Aerial photo of ice skating rink
Aerial photo of people on trading floor

Street Address

Primary Location:
ONE BRYANT PARK, NY, New York, 10036