Risk, Credit Risk

Divisional Overview

The Risk Division is a team of specialists charged with managing the firm's credit, market, liquidity, and operational risk. Whether assessing the creditworthiness of the firm's counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm's success. The division is ideal for collaborative individuals who have strong ethics and attention to detail. 

Credit Risk (CR) is responsible for managing the firm's credit exposure to its trading and lending counterparties. Leveraging its extensive expertise in financial, credit and risk analysis, CR ensures that credit exposure to our counterparts is managed within the firm's risk appetite. Staffed with more than 300 professionals, CR operates through 11 different offices around the world and credit professionals work closely with many areas of the firm. Given this structure, CR professionals gain diverse financial experience and a broad perspective on how the entire firm functions. The interaction with numerous departments and the range of projects that ensue allow for a challenging, varied and multi-dimensional work environment.

Responsibilities:

• Evaluate credit risk aspects of private equity fund and NBFI counterpart financial performance and ratings profiles, focusing on the credit and financial strength of counterparts, performing fundamental credit analysis using both quantitative and qualitative factors.
• Review and approve loan transactions, determine credit appetite and regulatory ratings, perform distressed analysis and estimate potential impairments at the transaction level, and monitor credit trends in the portfolio on an ongoing basis.
• Provide insights and analysis to CR senior management on specific loans, broader portfolio information and product risk assessment.
• Monitor, manage and report exposures at counterpart, product and portfolio levels.
• Perform ongoing sector analysis to assess portfolio concentration and trends.
• Work closely with business teams in Global Banking & Markets to actively risk manage the asset secured loan portfolio through market cycles. 

Basic Qualifications:

• 5-10 years of credit risk management experience.
• Experience with private equity funds or NBFI counterparts and secured fund lending products is preferred.
• Demonstrable track record of independent decision making, strong communication skills, displaying stature while communicating with team and at senior levels.
• Strong analytical and presentation skills required.
• Previous experience with leading and motivating a diverse team, providing guidance to and supervision of junior members of the team.
• Bachelor's degree in business or finance preferred.

Competencies:  

• Functional Expertise and Technical Skills – Demonstrates deep knowledge of financial markets, risk analysis and current risk management practices as well as strong technical skills required for the role. Values attention to details, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills.
• Client and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with clients, helps the client to identify/define needs and manages client/business expectations.
• Teamwork – Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions.
• Communication Skills - Communicates in a clear and concise manner, shares information/new ideas with peer group and team, while demonstrating judgment to escalate as appropriate.
• Judgment and Problem Solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyzes complex issues.
• Creativity and Influence- Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value. Takes a position on issues and influences others' opinions by presenting persuasive recommendations.