Senior Credit Risk Associate

---

Job description

Are You Ready to Explore A World of Possibilities?
Join our DTCC family, and you'll grow your expertise and become the best version of you. As you embark on a new journey, you'll be supported and surrounded by other professionals as you learn new skills, advance your career, and see the impact of your efforts every day.

Pay and Benefits:

Competitive compensation, including base pay and annual incentive
Comprehensive health and life insurance and well-being benefits, based on location
Retirement benefits
Paid Time Off and other leave of absence
Flexible/Hybrid Work Arrangements

Why You'll Love This Job: The Counterparty Credit Risk (CCR) team is primarily responsible for assessing the financial stability of DTCC's member firms by interpreting financial statements of banks, broker-dealers, and other financial firms
As a Senior Credit Risk Associate within the CCR team, you will be responsible for assessing the creditworthiness of a portfolio consisting of banks, broker-dealers, and other financial institutions.
You will perform annual reviews and ongoing surveillance, review earnings releases, and new member applications. You will also be tasked with maintenance of the credit risk rating matrix, and compliance assessment with established financial parameters.
Your Other Responsibilities:

Analyze financial statements to identify credit risks and mitigants, and to assess trends in financial institutions' (e.g., banks, broker-dealers, insurance companies, central securities depositories, etc.) capital adequacy, profitability, asset quality, and liquidity/funding management
Perform annual reviews and ongoing surveillance of member firms across clearingcorporations, to assess the creditworthiness of member firms.
Participate in gathering requirements for the design of credit risk monitoring tools to furtherautomation and other risk-related initiatives.
Work with internal departments, including Market Risk, Product Management, Relationship
Management, Legal, and Compliance, to maintain transparency when assessing potentialrisk exposures within member firms.
Review new member full-service applications to assess whether the applicants' financialcondition meets DTCC member requirements.
Assess whether member firms need to be placed on enhanced surveillance based on newlydisclosed material events.
Adhere to risk-related policies and best practices of CCR.
Demonstrate the behaviors and competencies that create a risk management mindset inthe organization.
Demonstrate regulatory awareness and compliance and ensure adherence to risk-relatedpolicies and best practices.
Ensure compliance with CCR's policies and procedures.

**NOTE: The responsibilities of this role are not limited to the details above. **
Talents Needed for Success:

Bachelor's degree in Accounting, Finance, Business, or Economics required, MBA or CFApreferred
Minimum of 5 years' experience in risk management or financial analysis
Excellent knowledge of financial statement analysis for various financial institutions,particularly banks and broker-dealers
Fundamental credit analysis skills, including knowledge of CAMELS and other ratingsystems
In-depth understanding of regulatory rules and regulations

Additional Qualifications

Experience in working with new technological initiatives and setting forth businessrequirements
Effective communication skills, both oral and written

We offer top class training and development for you to be an asset in our organization!

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.