Counterparty Credit Risk Senior Analyst

About the role

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 team is responsible for a portfolio of member firms and is required to perform annual reviews and ongoing surveillance, as well as review new member applications. The team is also tasked with maintenance of the credit risk rating matrix and assessing compliance with established financial parameters and keeping current on new accounting and regulatory pronouncements that impact member firms.

Responsibilities

• Analyze financial statements to identify credit risks, mitigants, and trends for financial institutions’ (e.g., banks, broker-dealers, etc.) capital adequacy, profitability, asset quality, and liquidity/funding management.
• Perform annual reviews and ongoing surveillance of member firms, with guidance from management, to assess the creditworthiness of member firms and identify member firms that need to be subjected to additional surveillance or mitigants.
• Assist with credit risk monitoring tools, automation, and other risk-related initiatives.
• Collaborate with internal departments such as Market Risk, Product Management, Relationship Management, Legal, and Compliance, such as to share information on risk exposures to member firms.
• Apply a basic understanding of DTCC's business, CCR's processes, and the risk environment.
• Demonstrate values, including adherence to risk-related policies, regulatory awareness, and a risk management mindset.
• Responsible for a smaller portfolio of less complex counterparties.
• Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; escalates appropriately.

Qualifications

• Minimum of 2 years of related experience
• Bachelor's degree preferred or equivalent experience

Skills

• Collaborates well within and across teams.
• Communicates openly with team members and others.
• Works with the team to review deliverables and ensure quality and accuracy.
• Adheres to established rules and procedures when performing work.

Pay

Competitive compensation, including base pay and annual incentive.

Benefits

• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being

Schedule

DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).