Become A Credit Risk Analyst

* Counterparty Analysis and Risk Management: Write annual reviews assessing counterparties' creditworthiness and recommend internal credit ratings
* Build and maintain financial projection models
* Present analysis to senior management and peers
* Monitor counterparties for changes in creditworthiness and take appropriate action
* Plan and participate in counterparty due diligence sessions
* Produce commentaries for senior management
* Other key responsibilities include:
* Coordinating with New York and European-based colleagues in GS CRMA and other divisions
* Supporting CRMA governance committees
* Participating in regulatory examinations

* Ensures compliance with Reserve Bank and System Credit Risk Management policies and procedures
* Assists with the operation, administration and compliance with Discount Window activities
* Communicates with depository institutions regarding routine Discount Window loan requests, borrowing agreements, and collateral deposit and withdrawal activity
* Reviews and prepares pledged collateral information for input to the Collateral Management System and performs follow-up as necessary
* Leads and/or assists with borrower-in-custody reviews for Discount Window and PSR collateral and works with depository institutions to establish and maintain collateral pledge arrangements
* Reviews supervisory information, including regulatory reports and financial data to identify, analyze, and summarize important risk trends.
* Prepares and presents credit risk analyses findings to department management.
* Participates on System and District workgroups and projects
* Develops and maintains business intelligence solutions to meet routine and ad hoc District reporting needs

* Undertake credit analysis on a portfolio of real money funds (collective investment schemes, pension schemes and other investment vehicles) arising from the London client base.
* Perform risk ratings and re-ratings within State Street’s Basel-compliant models.
* Monitor and manage the credit quality of the client portfolio, recommending action when necessary.
* Propose adjustments to limit sizes and tenors based on reasoned analysis together with business requirements and utilization history.
* Develop strong knowledge of State Street’s risk systems and principal trading systems, especially with respect to exposure methodologies, account and limit structuring, and reporting.
* Review and understand Boston limit exceptions reports, investigations of causes and proposal of remediation action.
* Build direct relationships with key clients as necessary in order to enhance credit risk management processes, participating in client meetings.
* Build knowledge of the content and structuring of legal documentation governing trading businesses.
* Propose and implement enhancements to the credit approval and risk management processes.
* Establish a close working relationship with the front office business teams, and with other internal groups, to ensure effective and efficient communication of all relevant matters.
*

* Analyzing a company’s financial and operational strengths and weaknesses
* including leverage, key risk factors, sources of repayment, cash flow, and
* ability to service debt.
* Gather, organize, and analyze information.
* Testing hypotheses in a variety of areas in order to mitigate loss and
* decrease exposure to financial and operational risk.
* Provide daily support for departmental operations.
* Perform statistical analysis to support credit decisions
* Provide insight for process improvement across functional areas.
* Other tasks as assigned.
* Primary Duties:
* Responsible for assessing credit risk, reporting on credit
* metrics, conducting data and business analysis, utilizing best practices of
* data analysis to ensure data results are accurate, summarizing findings, etc.
* Develop recommendations and present analysis to management
* in a clear, concise, convincing, and actionable format
* Perform analysis of application and portfolio data using
* statistical analysis tools including SQL, SAS, and
* Excel
* Designs, develops,
* produces and maintains complex reporting across businesses to guide the
* assessment of product, portfolio, and business strategies.
* Produces high quality dashboards in a clear format that
* highlights actionable data points using client-ready tables, charts and text.
* Education &
* Experience
* Bachelor's degree or equivalent experience; Master’s
* Degree (preferred) in Finance, Economics, Mathematics, Statistics, or similar
* quantitative field.
* years of experience in consumer loan credit risk
* analysis preferred

* Portfolio Risk Analysis
* Evaluate portfolio risk by monitoring metric trends.
* Evaluate and monitor the impact of proactive and reactive line changes.
* Evaluate and monitor the impact of overlimit authorizations.
* Evaluate and monitor the impact of collections strategies.
* Performance Reporting
* Portfolio loss reporting - contractual and manual losses.
* Portfolio delinquency reporting - roll rates and lag rates.
* Forbearance program performance reporting
* CCCS, Short and Long Term programs.
* Production reporting - collections metrics - contacts, reviews, reach etc.
* Ad hoc Analysis
* What if/scenario analysis to assess loss impacts over different time frames e.g. quarterly, seasonally.
* What if/scenario analysis to assess delinquency impacts over different time frames e.g. quarterly, seasonally.
* What if/scenario analysis to assess revenue impacts over different time frames e.g. quarterly, seasonally.
* What if/scenario analysis to assess revenue and loss impacts over different time frames e.g. quarterly, seasonally based on different outstandings.
* Forecasting
* Forecast losses
* Contractual and Manual
* Dollars and Units.
* Forecast delinquencies
* Dollars and Units.
* Forecast outstandings
* Dollars and Units.
* Forecast revenues
* Interest and fees
* Dollars and Units