The individual will be responsible for credit analysis of existing or new non-bank financial institution clients/counterparties related to the following industries: asset managers and regulated funds, pension funds; mortgage REITS; and private equity funds. Products traded include OTC derivatives, prime services products, foreign exchange, repo, and securities lending. Clients may also require committed loan facilities. Day to day responsibilities include:
Process credit requests in a timely manner to meet business deadlines and maintain the annual review cycle.
Research and analyze financial data on the client to prepare high quality analysis in credit applications that address client credit risk and transaction risk.
Conduct sector research covering North America to support the analysis.
Develop strong credit judgment skills when recommending credit facilities, taking into consideration facility size, tenor, and suitability for client.
Propose obligor ratings using the bank’s rating tools.
Manage key components of counterparty credit administration such as internal ratings, trading documentation (ISDA/CSA, GMRA, GMSLA, FAA), and replacement risk limits. Become knowledgeable of credit terms for legal documents and follow up with legal department on negotiations.
Perform ongoing monitoring of client credit quality to identify a possible deterioration of credit quality.
Monitor exposure and manage credit limit exceptions. Adapt to ongoing accounting and regulatory changes that affect credit limits and exposure.
Coordinate all aspects of a credit request, liaising with FIG relationship managers, business lines, legal staff, and Risk Division.
All our positions are open to people with disabilities
Ability to organize time and manage deliverables to deadlines
Ability to identify and accommodate shifting priorities with little notice
Ability to analyze and evaluate counterparty risk and financial condition utilizing quantitative and qualitative data.
Ability to perform work with minimal or no supervision
Possess a high degree of enthusiasm and energy to learn a variety of financial institution industry sectors.
Ability to work in a team environment, interfacing with team members, front office bankers and salespersons, risk team, and clients.
Proficiency using Word for written analysis and Excel for spreadsheet analysis
Strong knowledge of the accounting, legal and regulatory issues governing relevant sectors.
Ability to investigate/research/synthesize data and make appropriate conclusions as to what is causing the observed result(s)
Ability to write concisely and in a way that conveys analysis and conclusions without minimal follow-up questions
Knowledge of capital markets/traded products and committed financing facilities.
Develop competency with SG’s internal systems.
Advanced Excel skills, such as macros and pivot tables.
PRIOR WORK EXPERIENCE
10+ years of overall credit analysis experience preferably in non-bank FI space
• Bachelor’s degree from accredited university
Fluency in English, both written and verbal
Fluency in French, Spanish.
COVERAGE & INVESTMENT BANKING/Client Credit Group-Financial Institutions (CORI/CCG/FIG). The mission of CCG/FIG is to provide credit analysis and manage the credit relationship with clients of the Financial Institution Group and Global Markets sectors. This position has a focus on non-bank financial institutions located in the Americas, primarily the USA.