What are the responsibilities and job description for the Lead Credit Analyst position at LE001 Federal Home Loan Bank of New York?
New York City
Hybrid
The Lead Credit Analyst will be responsible for conducting comprehensive credit analysis on financial institutions, counterparties, and other stakeholders. This role requires identifying emerging risks, analyzing economic and banking trends, and ensuring compliance with established risk limits to safeguard the Bank.
Team Overview
The Credit Risk Management team focuses on developing and implementing strategies to identify, assess, monitor, and mitigate credit risks. The team also oversees the Bank's credit risk policies and procedures, ensuring compliance with regulatory standards.
Day-to-Day Responsibilities
Conducts detailed credit analyses and reviews output from financial models for banks, credit unions, and insurance companies, recommending ratings adjustments.
Performs research on macroeconomic and banking trends affecting counterparties' risk profiles.
Updates internal credit scorecard models for the Bank and Credit Union on a quarterly basis.
Collaborates across departments to assess and address credit risks.
Monitors credit risk exposures and ensures compliance with internal limits, alerting senior management to any breaches.
Identifies emerging risks and proposes updates to risk management policies as necessary.
Required Skills and Experience
Experience: 10 years in financial or credit analysis, with knowledge of banking, insurance, NRSRO rating systems, and financial models.
Skills: Proficient in Microsoft Office Suite (Excel, PowerPoint, Word, Access) and database management. Expertise in data mining and querying.
Additional Requirements: Strong understanding of domestic accounting rules, banking regulations, and financial markets.
Education: MBA, MS, BA, or BS in Finance, Economics, Accounting, or a related field.
Salary Range - $130,000 - $145,000
Skills:
Salary : $130,000 - $145,000
