Auditor II

Job Title: (Auditor II)

About Kyyba:
Founded in 1998 and headquartered in Farmington Hills, MI, Kyyba has a global presence delivering high-quality resources and top-notch recruiting services, enabling businesses to effectively respond to organizational changes and technological advances.
At Kyyba, the overall well-being of our employees and their families is important to us. We are proud of our work culture which embodies our core values; incorporating value, passion, excellence, empowerment, and happiness, creates a vibrant and productive atmosphere. We empower our employees with the resources, incentives, and flexibility that they need to support a healthy, balanced, and fulfilling career by providing many valuable benefits and a balanced compensation structure combined with career development.

Job Description
Client is seeking to engage a contractor to support the work of its Credit Risk Review team.
The primary role of Credit Risk Review is to:
promptly identify loans with actual and potential credit weaknesses.
validate and, if necessary, adjust credit risk ratings.
assess the adequacy of (and adherence to) internal credit policies and loan administration
procedures and compliance with applicable laws and regulations.
Minimum Required Qualifications:
Bachelor's degree in Accounting or Finance
MBA or CPA (or equivalent) or CF plus.
5 to 10 years financial services work experience in credit extension, underwriting, review,
or analysis.
Strong credit analysis skills with a solid understanding of the credit process and
control. Knowledge of leveraged
lending and the regulatory guidance thereon would be a strong plus.

• Strong MS Excel and PowerPoint skills
• Strong writing, verbal, and interpersonal skills
• Must be comfortable discussing findings

and making recommendations with the appropriate balance of tact and
professional assertion. Audience includes all levels members of
management, including senior management.
Preferred Qualifications:
A mix of credit review, risk department and origination experience would be ideal, but significant experience in
one of these areas will also be considered.
Responsibilities
Participating in reviews of credit and counterparty risk across the CIB platform to detect
and report on potential weaknesses in the credit approval and monitoring
process. Results of reviews,
including recommendations for improvement, are documented in written
reports to senior management.
Portfolios covered include Corporate Banking, Project Finance, Media & Telecom, Leveraged Finance, Asset Securitization, Hedge
Funds, Insurance, Banks, and Broker/Dealers.
Acquiring a solid understanding of the reviewed activities and specific industry risks.
Assessing adequacy and effectiveness of governance, management, and controls of credit risk.
Performing in-depth reviews of individual credits to assess credit quality and validate the accuracy of the assigned counterparty risk
ratings and loss given default rates and recommending changes, as necessary.
Individual credit reviews require thorough but succinct written credit analysis demonstrating an understanding of
the following:

• Obligor's business and structure
• Nature of facilities extended by the bank

(Ranging from plain-vanilla corporate loans to highly complex loan and derivative products) and exposure thereunder

• The bank's position in the capital structure
• Expected source of repayment
• Collateral
• Legal documentation
• Obligor's financial condition

(Profitability, balance sheet strength, cash flow and liquidity profile)

• Ratings validations require:
• Thorough understanding of relevant rating

Methodologies

• Re-performance of ratings assessment
• Assessing the quality of credit analysis

Performed by the business groups and the risk department and the quality
of the underwriting.
Ensuring that work is documented and Communicated to stakeholders within an organized and prescribed framework.
Evaluating compliance with regulatory guidelines and bank policies.
Evaluating complex financing transaction structures and capital markets products (including swaps, options, futures, derivatives and securitizations) and the associated risks and mitigants.
Identifying actual and potential problem exposures.
Evaluating the appropriateness of the level of provisions for impaired credits.
Assessment of provisions involves challenging assumptions and re-performing discounted cash flow analysis, if warranted
Assessing conformity of legal documentation and quality of supporting security (collateral).
Adding value to the area under review by raising relevant recommendations.
Writing quality reports with appropriate recommendations in plain English.
Delivering clear presentations to management.

Location: (Jersey City, NJ)

Disclaimer:
Kyyba is an Equal Opportunity Employer.
Kyyba does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. Minorities / Females / Protected Veterans / Individuals with Disabilities are encouraged to apply. All employment is decided on the basis of qualifications, merit, and business need."
It is the policy of Kyyba to provide reasonable accommodation when requested by a qualified applicant or employee with a disability, unless such accommodation would cause an undue hardship. The policy regarding requests for reasonable accommodation applies to all aspects of employment, including the application process. If reasonable accommodation is needed, please contact Kyyba at 248-813-9665

Rewards:
Medical, dental, vision
401k
Term life
Voluntary life and disability insurance
Optional Pre-paid legal plan
Optional Identity theft plan
Optional Medical and dependent FSA
Work-visa sponsorship
Opportunity for advancement
Long-term assignment with opportunity for hire by client

SELECT AWARDS

• An INC 5000 company for 10 years
• Corp Michigan Economic Bright Spots
• Crain's Detroit Business Top Staffing Service Companies in Detroit
• TechServe Alliance Excellence Award- IT and Engineering Staffing & Solutions
• Best of MichBusiness winner in HR Wizards & Partnerships
• Metro Detroit Elite Category: Recruitment, Selection & Orientation for 101 Best & Brightest
• 101 Best & Brightest Companies to Work for in Michigan

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