Risk, Credit Risk (Global Markets), Associate, Salt Lake City

Risk Division Overview

Credit Risk (CR) Overview

Responsibilities

• Audit the financial strength of hedge funds by performing fundamental counterparty analysis.
• Interpret quantitative and qualitative factors drawn from fund's risk reports, portfolio analysis, and client calls.
• Evaluate derivatives and financing transactions across Global Banking & Markets clients.
• Review and approve risk in a fast-paced environment while ensuring appropriate mitigants in place to minimize losses in event of counterparty default.
• Assess risk of transactions through reviews of quantitative models, portfolio analysis, stress testing, and other methods.
• Perform counterparty reviews, including recommending appropriate internal risk rating for each counterparty and setting credit limits.

Qualifications

• Excellent academic record
• 2-5 years of experience in a finance, markets, or risk role
• Significant knowledge of capital markets, including derivatives and/or repo
• Demonstrable track record of achievement and independent decision making
• Excellent attention to detail
• Strong analytical and communication skills

Competencies

• Functional Expertise and Technical Skills: Knowledge of financial markets and portfolio risk management. Appropriate financial/analytical skills
• Client and Business Focus: Builds trusting, long-term relationships with clients, helps the client to identify/define needs, and manages client/business expectations
• Teamwork: Strong team player, works well under pressure, and collaborates with others across teams and business units
• Communication Skills: Communicates in a clear and concise manner, shares information/new ideas with peer group and team, and escalates as appropriate
• Judgment and Problem Solving: Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions, and identifies clear objectives. Sees the big picture and effectively analyzes complex issues
• Creativity and Influence: Looks for new ways to improve current processes and develop creative solutions with practical value
• Continuous Development: Values constant self-improvement and learning