Credit Risk Management- Sr. Analyst

Job Overview:

Citadel is seeking a highly motivated and experienced Credit Analyst to join our Credit Review team. This is an exciting opportunity to be part of a newly established Credit Review function, playing a crucial role in the second line of defense. The Credit Analyst will be responsible for independently assessing credit risk associated with various loan products and financial transactions, including loans, credit facilities, and investment portfolios. The individual will work closely with internal stakeholders to ensure that risk is appropriately identified, analyzed, and mitigated. The ideal candidate will have a deep understanding of financial markets, credit risk methodologies, and strong analytical skills.

Responsibilities

• Independently conduct comprehensive credit risk reviews, including evaluating the effectiveness of credit policies, procedures, and controls.
• Independently assess the quality of credit underwriting and portfolio management practices.
• Analyze credit risk exposures and trends across various loan portfolios.
• Identify and evaluate emerging credit risks and recommend appropriate mitigation strategies.
• Review credit approval documents and risk rating models for accuracy and completeness.
• Provide independent challenge and oversight to the first line of defense credit function.
• Provide consultation and assistance in the development and implementation of credit risk policies and procedures.
• Prepare reports and presentations for senior management, summarizing credit review findings and recommendations.
• Stay abreast of regulatory changes and industry best practices related to credit risk management.

Qualifications and Education Requirements

• Bachelor's degree in Finance, Risk, Economics, Accounting, Business, or a related field.
• 7 years of experience in credit risk management, credit review, or a related field within a financial institution.
• Strong understanding of credit risk management principles, methodologies, and regulatory frameworks.
• Proficiency in financial modeling, quantitative analysis, and the use of risk management software/tools (e.g., SAS, R, Excel, SQL).
• Solid understanding of financial statements, including balance sheets, income statements, and cash flow statements.
• Ability to conduct detailed risk assessments, identify trends, and make recommendations based on quantitative analysis.
• Excellent communication skills, both written and verbal, with the ability to present complex findings clearly to stakeholders.
• Strong attention to detail, critical thinking, and problem-solving skills.
• Ability to work independently and in a collaborative team environment.
• Understanding of all traditional lending products and the associated risks.
• Experience in building and implementing new processes and procedures.
• Ability to adapt to a dynamic environment and work effectively under pressure

Additional Skills/Notes

·       This is a hybrid role employee with a minimum of 72 hours a week in the office.

·       Master's degree in a related field is a plus.

·       Professional certifications (e.g., FRM, CFA) or progress toward certifications are highly preferred.

·       Familiarity with credit rating agencies (e.g., S&P, Moody's) and their methodologies.

·       Knowledge of portfolio management and asset allocation strategies.

·       Experience with regulatory reporting and compliance in credit risk management.

Performance Measurements

Performance is based on the Citadel corporate scorecard as well as departmental and individual goals.

Work Environment

Individual will be required to work in an office setting as well as those conducive to the financial services industry.  This may involve standing, sitting, and walking around retail/administrative facilities.  Individual can expect to work in a fast-paced environment which is constantly evolving.  They will have a significant amount of interaction with customers, many of whom may be upset and/or agitated because of their situation.  Candidate will spend a significant amount of time assessing information contained in on-line and hard-copy reports.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Demands

Position may include a reasonable amount of physical activity such as lifting (max. 25lbs.), carrying, standing, walking, sitting, typing, labeling, or reading for extended periods of time.  Due to the nature of this position travel may be required.  This candidate must be able to provide his or her own transportation for local travel.

EEO Statement

Citadel is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to status as a protected veteran or a qualified individual with a disability, other protected status, such as race, religion, color, national origin, sex, age. We maintain a drug-free workplace and may perform pre-employment substance abuse testing.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)