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(Archived) Credit Analyst II

Last Updated: 9/30/22

Job Description

Job description:

This position requires you to be local to the Chicagoland area as its a Hybrid position with time spent in office as well as remotely.

Credit Analyst II

Chicago - Hybrid

About the Role:

The Credit Analyst II is responsible for the credit analysis for a proportion of our client base, in conjunction with other credit analysts, to ensure a thorough understanding of each clients business model and financials, as well as the impact of macroeconomic events on each client. This individual produces well researched and articulated recommendations for credit facilities submitted to the CRO & Credit Committee.

What Youll Do:

  • Conducts qualitative and quantitative analysis of all current and potential clients & counterparties.
  • Maintains continual focus on global macro-economic environment with understanding of specific country factors and impact of those factors on the credit risk assessment with regard to clients and counterparties incorporated or operating in those countries.
  • Forms well-researched and intellectually credible recommendations to the CRO & Credit Committee for new credit facilities and renewals.
  • Maintains high levels of interaction with clients.
  • Manages information reporting where relevant on a periodic and ad hoc basis.
  • Acts as an advisor and subject matter expert to guide the business for all credit related items and manages the credit facility application/review process for the allocated client base.
  • Deputizes for the Head of Credit when required in responding to enquiries and providing support across the team.
  • Forms enduring and effective working relationships across all internal departments to reinforce the firms client service model.
  • Contributes to enhancing existing and/or implementation of new credit risk policies, procedures and processes to drive the department forward and ensure adherence to best practice.
  • Communicates and escalate all relevant items to the Head of Credit, Head of Enterprise Risk and the CRO as appropriate.
  • Directly manages other credit analyst on the team (responsible for performance management and development); also assists in recruiting talent for the team.

What Were Looking For:

  • Minimum 3 years of experience in counterparty (SME) credit assessment
  • Bachelors degree in relevant field
  • Strong knowledge of Microsoft Excel and Word
  • Bloomberg knowledge preferred
  • Experience of reviewing clients that operate in the Commodities sector preferred
  • Fluency in a second language is preferred
  • Strong and demonstrable understanding of corporate financial statement analysis gained ideally through an investment banking or institutional brokerage background.
  • Track record in forming well researched conclusions on credit assessments including; internally modelled credit ratings and recovery potential in the event of default.
  • Understanding credit risk inherent in granting credit facilities to cover the margin requirements (initial and variation) of futures and options.
  • Ability to communicate with confidence and in a manner appropriate to the audience, from junior level colleagues to C-Suite executives within the firm as well as a diverse external client base.
  • Effective report writing skills with an ability to distil complex information to a key risks summary to enable management decision making.
  • Strong presentation technique and experience communicating to senior management forums.

OOJ 1230

Qualifications:
  • Minimum 3 years of experience in counterparty (SME) credit assessment
  • Bachelor's degree in relevant field
  • Strong knowledge of Microsoft Excel and Word
  • Bloomberg knowledge preferred
  • Experience of reviewing clients that operate in the Commodities sector preferred
  • Fluency in a second language is preferred
Why is This a Great Opportunity:

Global Broker Dealer. International exposure. Lots of growth opportunities and hands of experience. Very active search and quick feedback from client.

Salary Type : Annual Salary

Salary Min : 80000

Salary Max : 100000

Currency Type : US Dollars

Company Details

Grand Rapids, Michigan, United States
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