Credit Risk Officer, AVP
3 weeks ago
Job Summary
State Street Corporation is seeking a highly skilled Credit Risk Officer, AVP to join our team. As a key member of our credit risk management group, you will be responsible for managing credit risk for a portfolio of private equity, private debt, and structured products.
Key Responsibilities
- Conduct credit reviews and perform risk ratings for a portfolio of private equity, private debt, and structured products.
- Maintain data, characteristics, and risk metrics for funds and counterparties in Risk and Dealing systems.
- Undertake credit analysis on a portfolio of private equity/private debt funds CLOs and private credit securitizations.
- Perform/Review annual risk ratings, utilizing analytics and various metrics, within State Street's Basel-compliant models.
- Review and analyse deal proposals presented by the business unit for PE Funds, CLOs, middle market/private credit securitizations, and stable value wrap contracts.
- Participate in due diligence calls and review annual renewals of existing counterparties.
- Support relevant workstreams during the annual Comprehensive Capital Analysis and Review (CCAR) exercise.
- Provide monthly/quarterly reporting related to the portfolio for various committees.
- Ongoing monitoring and management of the credit quality of the client portfolio, identifying trends and recommending action when necessary.
Requirements
- Preferred 4+ years of counterparty credit risk management in a global financial institution, or related experience.
- Bachelors in Business, Finance, or relevant field.
- MBA and/or CFA (or equivalent) beneficial but not required.
What We Offer
State Street Corporation offers a competitive salary range of $ Annual, depending on location and experience.
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