Risk Credit Analyst Job Description
Risk credit analyst
provides timely, context-rich analysis of credit portfolio risk for presentation to senior management, Credit Committee, other Board-level Committees and to regulators.
Risk Credit Analyst Duties & Responsibilities
To write an effective risk credit analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included risk credit analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Oversee market/business analysis, financial analysis (including sensitivity analysis projections) and structure analysis in the credit report
Prepares and distribute daily, weekly, monthly and quarterly credit risk reports
Assists in the design, development and testing of Credit Risk Reports
Assigns risk ratings to the counterparts and proposes appropriate trading limits based on the quantative and qualitative analyses performed, the proposed trading activity, capital levels and trading strategies
Provides comprehensive and efficient solutions to complex risk measurement and reporting needs
Provides analysis and commentary regarding significant credit exposure, trading activity, and concentrations issues
Assures data integrity for market data, scenario generation, static data/security master, and portfolio mapping
Calculates risk using industry standard models such as value-at-risk, potential future exposures, and stress testing
Liaising with Legal department to ensure identified risks are adequately addressed in the legal documentation for structured transactions and setting credit terms in the legal documentation for flow trading activity
Use data to generate insights to support Personal Financing Products through current economic cycle
Risk Credit Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Risk Credit Analyst
List any licenses or certifications required by the position: FRM, CFA, PRM, CCB, SAS, PMP, CECRL, B2, CPA, BIC
Education for Risk Credit Analyst
Typically a job would require a certain level of education.
Employers hiring for the risk credit analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Economics, Accounting, Business, Statistics, Business/Administration, Mathematics, Management, Engineering, Education
Skills for Risk Credit Analyst
Desired skills for risk credit analyst include:
Credit/risk management policies and scorecard techniques
Financial analysis
Internal and external regulations
Inventory financing and security filing
Portfolio analysis
UCC/PPSA
Vendor programs
Credit trading businesses
Excel helpful
JPMC
Desired experience for risk credit analyst includes:
Integrate measures into existing reports
Liaising with Legal department to ensure identified risks are adequately addressed in the legal documentation for structured transactions and setting credit terms in the legal documentation
Creation and maintenance of UAT plans, offering guidance to other team members
MUST HAVE knowledge of Risk metric
Production of high quality analytics and reporting to drive business decisions & portfolio management
Accurate and timely delivery business analytics
Risk Credit Analyst Examples
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Risk Credit Analyst Job Description
Job Description Example
Our company is hiring for a risk credit analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for risk credit analyst
- Update databases with appropriate information
- Maintain credit files with appropriate documentation
- Support credit officers
- Respond to credit alerts and trigger breaches
- Interact regularly with areas of Commercial Casualty
- Gather information as required
- Produce an independent, objective, high quality assessment of the credit risk
- Prepare high quality credit reports
- Monitor economic capital calculations and independent CSR analysis
- Initiate timely reviews
Qualifications for risk credit analyst
- OKnowledge of Microsoft office products with strong Excel skills required
- Confidently numerate
- Provide analytical support segmenting and monitoring credit, concentration limits, and make recommendations based on trends
- Strong Collections or Risk Management experience preferred
- Calm, confident manner to handle potentially uncomfortable conversations with internal and external relations
- High Standard of accuracy with good detail knowledge
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Risk Credit Analyst Job Description
Job Description Example
Our growing company is hiring for a risk credit analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for risk credit analyst
- Support risk managers by performing credit reviews on national and mid-market merchant accounts in the periodic review function
- Develops models and cash flow projections for all general account and subsidiary holdings with an emphasis on fixed income securities
- Create and implement credit decision governance within our Servicing division
- Assist the company in proactively managing operational risks, achieving financial goals, increasing competitiveness, and consistently striving for high customer satisfaction
- Development of an infrastructure
- Prepare monthly case list and case assignment list
- Reconcile the ARM unallocated account
- Prepare the Cost of Risk report
- IAS, Basle 2 and other accounting correspondence pertaining to the assessment of impairment – Answer questions
- Recommendations on NPL status
Qualifications for risk credit analyst
- University degree/college diploma in a relevant discipline (Commerce, Business)
- 1 to 5 years of related experience as an Investment Representative (ideally certified)
- Very good knowledge of Securities and Options in particular
- Become comfortable with analysing and reconciling large amounts of data
- Recommending Obligor Ratings for Asset Servicing Portfolio
- Liaison with other Risk and Infrastructure functions
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Risk Credit Analyst Job Description
Job Description Example
Our innovative and growing company is hiring for a risk credit analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for risk credit analyst
- Reviewing collateral and borrower legal structure and credit worthiness to determine acceptability and appropriate advance rates and trading limits
- Assisting in cleaning up of department's annual renewal backlog for margin loans, option limits and futures/FX initial margin limits
- Ensure diligent monitoring and reporting of key credit risk indicators with appropriate and timely escalation as may be required
- Performs detailed credit risk analysis to qualify new and existing counterparties that meet established timelines and support ongoing sales negotiations
- Utilizes outside vendors, (Standard & Poors, Moody’s, Dun & Bradstreet, ) to thoroughly research and obtain salient industry and counterparty data for credit risk evaluation
- Calculates and assigns credit risk ratings based upon the output of proprietary scoring models
- Hold& Relase process
- Limits origination, data integrity checks, performing risk mitigation and portfolio monitoring
- Reports preparation and development
- OTSC data maintenance
Qualifications for risk credit analyst
- Technical designs, writing test plans, coding and configuration, testing, training, and providing oost-implementation support
- To enhance credit card portfolio performance, this position will analyze portfolio trends, credit score cutoffs, loss trends, portfolio dynamics, and bureau scoring criteria
- Assist in the development of a new consumer credit card program, which includes the No Pre-Set Spending Limit (NPSL) feature from Visa
- Coordinate the production of performance reports for Sr
- This position will design, develop and implement account management strategies and will develop metrics and reporting to assess their effectiveness in order to reduce and optimize and the management of credit card charge-offs
- Masters in Computer Science or Statistics preferred, Bachelor’s degree required, preferably in Business Administration, Computer Science, or Statistics
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Risk Credit Analyst Job Description
Job Description Example
Our company is hiring for a risk credit analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for risk credit analyst
- Preparing weekly and monthly reports in relation to the portfolio quality
- Assist with credit modelling and scorecard development
- Assist with enhancing analytics methodology
- Obtain and review all comprehensive information available in order to monitor accounts for risk and new sales opportunity
- Review customer financial statements(income statement, balance sheet, cash flow statement, forecasts)
- Prepare comprehensive written credit reviews and either approve limits up to assigned authority levelor provide credit limit recommendations to management that exceed your designated credit lending authority level
- Assists more experienced Risk and Compliance Analysts in completing internal, client required and external audits/reviews (ex
- Facilitate credit requests and prepare credit reviews of new and existing counterparties
- Review of structured product proposals from a credit perspective
- Portfolio reviews of counterparties based on country or sector risk
Qualifications for risk credit analyst
- Teamwork…respects other’s ideas + contributions
- Minimum of 1 to 2 year experience in commercial credit analysis, with credit analysis in a trading environment a plus
- Looking for someone with strong team work skills and the ability to multitask
- Participate in negotiation of credit terms and legal documents (ISDAs, Customer Agreements, Terms of Business, Tri-Partite Agreements, Guarantees, Letters of Credit)
- University degree, ideally in finance or in economics
- Accuracy and detail oriented competences
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Risk Credit Analyst Job Description
Job Description Example
Our company is hiring for a risk credit analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for risk credit analyst
- Provide ongoing monitoring and control to ensure adherence to risk appetite and standards
- Use independent judgement and critical thinking in order to make informed real-time decisions to mitigate risk through securing funds, negotiating collateral requirements, or exiting fraudulent and excessive risk accounts
- Evaluate technical information regarding the source and nature of transactional activity and access to aid in the identification and mitigation of risk
- Interface regularly with clients, merchants, and bank partners to effectively manage risk with professionalism, integrity and empathy
- Coordinate risk mitigation efforts with internal and external partners to ensure appropriate response
- Manage inquiries related to accounts under review via email and inbound telephone calls
- Performs credit analysis and underwriting activities, evaluating financial position and credit worthiness, for prospective and existing commercial/merchant/portfolio accounts, Maintains and reviews current information on existing accounts
- Prepare recurring credit stress testing and portfolio reports for assigned portfolios ad hoc credit risk analysis reports as requested by management
- Perform recurring credit risk and loss forecasting in accordance with DFAST and CECL requirements for assigned portfolios
- Perform and document validation of the applicable models managed and used by Credit Quality as assigned, including stress test, CECL and dual risk rating models, according to required guidelines
Qualifications for risk credit analyst
- Bachelors degree in Statistics, Mathematics, Economics, Finance or Computer Science
- BA/BS Degree in Business Administration, Computer Science, Economics, Math, Statistics, Operations Research, Engineering or other related field
- Work experience with Oracle, Hadoop, SAS, Python, R or other similar products
- Master Degree in Business Administration, Computer Science, Economics, Math, Statistics, Operations Research, Engineering or other related field
- Previous banking/risk management/analytical experience
- University degree preferably in Economics, Finance or quantitative discipline