Credit Risk Analyst - 1 year FTC

Overview

The Clearing House needs to provide robust and prudent risk management in order to meet its overriding objective: to provide Clearing Members with a central counterparty of the highest quality and to safeguard the interests of the company's shareholders and contributors to its Clearing Funds. The goal of the Risk Management department is to manage the risk appetite of the Company in a manner which:

• Is prudent in risk management terms;
• Is robust operationally;
• Is consistent with its regulatory status and responsibilities;
• Is in line with market best practice;
• Supports the company's development initiatives in clearing new products and markets;
• Is aligned with Board expectations and Member demand.

Description Of The Mission

This is a 1 year fixed term contract.

As a Credit Risk Analyst, you will carry out credit risk assessments and continually monitor various counterparties including banks, non-bank financial institutions (NBFIs including funds and insurance companies), broker‑dealers, sovereigns and supranational. You will also be in charge of reviewing team’s members analysis and reports, and support the Deputy Head of Credit Risk in representing Credit Risk view with other teams. You will also be involved in projects within the Credit Risk team.

Position in the firm

The candidate will be part of the Credit Risk team, composed of three managers within the supervision of the Head of Credit & Strategic Risk. The candidate will report to the Deputy Head of Credit & Strategic Risk.

Context of the mission

• Analyzing Credit Risk of new Clearing Members – including banks, brokers, funds and insurance companies
• Ongoing assessment and monitoring of existing Clearing Members
• Credit Risk and monitoring of Banks, Brokers, CCP’s, investment and repo counterparts, and Sovereigns
• Attend and participate to credit meetings
• Participate to the enhancement of credit risk tools and liaise with risk reporting and other IT teams in order to propose solutions as regards to credit risk reporting
• Review team’s assessments, and give an opinion on scoring decisions
• Provide a feedback to internal stakeholders upon request (BDRM, CaLM, Compliance, Finance…)
• Actively participate to discussions involving Credit Risk team and provide Credit Risk opinion in the context of new initiatives or ad hoc discussions with internal stakeholders
• Assist the Deputy Head of Credit Risk in other missions including answering Regulators’ questions regarding membership or specific questions regarding members or members monitoring, and follow up on regulatory evolutions and impacts

Functional And Technical Requirements

• Master Degree (Business or Engineering School)
• At least 2-3 years of experience in credit analysis (including financial institutions)
• Good accounting skills (bank analysis skills in addition to other areas of focus would be appreciated)
• Interest in credit analysis and clearing
• Tools: Microsoft Office, Bloomberg

Personal Skills

• English level: good level both written and oral (necessity to write financial reviews and present in Credit Committee)
• Highly motivated applicants are desired
• Good interpersonal skills
• Ability to work in a team oriented environment
• Must be highly organized, detail oriented, analytical, self‑motivated
• Problem analysis and problem‑solving skills
• Strong analytical, quantitative, and organizational skills

Career Stage

Senior Associate

Equal Opportunity Employment

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.