Credit Analyst - Financial Institutions - Vice President


 Montreal - Canada, Canada       Permanent contract        Corporate Finance / Accounting

Responsibilities

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

Profile Required

COMPETENCIES

Required:

  • 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.

    TECHNICAL SKILLS

    Required:

  • 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.

    Desired:

  • Advanced Excel skills, such as macros and pivot tables.

    PRIOR WORK EXPERIENCE

    Required:

  • 10+ years of overall credit analysis experience preferably in non-bank FI space

    EDUCATION

    Required:

    •              Bachelor’s degree from accredited university

    LANGUAGES

    Required:

  • Fluency in English, both written and verbal

    Desired:

  • Fluency in French, Spanish.

Business Insight

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. 





Job code: 19000FK8
Business unit: SG CIB
Starting date: Immediate
Date of publication: 31/08/2019
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Credit Analyst - Financial Institutions - Vice President

Permanent contract   |   Montreal - Canada   |   Corporate Finance / Accounting