Counterparty Risk Analyst III

Counterparty Risk Analyst III

District of Columbia 

Exp 2-5 yrs

Deg Bachelors

Bonus

Job Description

This position will be part of a dynamic and fast paced Counterparty Risk Management group.  The group is one of the core groups responsible for managing enterprise-wide counterparty credit risks across various business units.  In this role, the Counterparty Risk Analyst III will provide support to the team in analyzing pertinent financial and macro economic information necessary to evaluate the credit worthiness of mortgage banks, multi-family lenders, and home building companies. The individual will practice and develop his/her analytical skills and credit analysis expertise.  He/she will monitor trends in specific portfolios to ensure that risk grading of counterparties and limits are appropriate and prepare credit reviews on independent mortgage banks, Multi-family DUS lenders, and the mortgage subsidiaries of national home builders. In addition, he/she will participate in credit meetings with internal and external clients and perform various ad hoc assignments.

KEY JOB FUNCTIONS •Apply and develop industry credit analysis expertise on mortgage companies as well as occasionally analyze other corporate counterparties. 

•Analyze financial statements and prepare concise credit analysis detailing all key risks related to the business, industry and/ or transaction and determine credit worthiness of counterparties.

•Monitor a portfolio of counterparty accounts including high profile accounts. Assist in the preparation of periodic portfolio reviews for risk committees highlighting key industry drivers and how they impact individual counterparties.

•Evaluate current and potential credit exposure for counterparties and recommend risk grades and limits.

•Participate in transaction approvals.  Identify and assess key risk factors and mitigants.  Prepare, review, and recommend terms and conditions on deals and new clients.

•Apply and evaluate credit management models developed by analytics group. May participate in developing new procedures, new analytical methods, or enhancements of proprietary systems used to analyze counterparty credit risk.

•Conduct due diligence on potential new relationships or business with counterparties and develop recommendations memo to appropriate business unit Credit Committee(s).

•Interact with the owners and principals of assigned accounts and with internal executives and their teams to support business initiatives.

EDUCATION

•Bachelor's Degree or equivalent required

MINIMUM EXPERIENCE

•4+ years of related experience

SPECIALIZED KNOWLEDGE & SKILLS

•Degree in Finance, Business, Economics, Accounting or equivalent

•A minimum of 2+ years experience in analyzing issuers and/or counterparties with emphasis on the bank, mortgage and finance sectors

•Demonstrated ability to research, write and present complex financial materials in a concise and coherent manner

•Working knowledge of Capital Markets (Fixed Income) products, and/or mortgage products

•Strong knowledge of the mortgage/housing, and/or home building and/or multifamily related sectors

•Ability to work effectively in a fast-paced, team oriented environment. Can take initiative and produce high quality work independently

•Strong written and oral communication skills. Good interpersonal and influencing skills

•Good quantitative and financial modeling skills.