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Principal engnr financial bank cfa camels
US-NJ-Jersey City
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Experience level: Mid-senior Experience required: 5 Years Education level: Bachelor’s degree Job function: Finance Industry: Financial Services Compensation: View salary Total position: 1 Relocation assistance: No Visa : Only US citizens and Greencard holders
Job Description:

The Counterparty Credit Risk (CCR) team is primarily responsible for assessing the financial stability of 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.

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 clearing corporations, to assess the creditworthiness of member firms.
Participate in gathering requirements for the design of credit risk monitoring tools to further automation and other risk-related initiatives.
Work with internal departments, including Market Risk, Product Management, Relationship
Management, Legal, and Compliance, to maintain transparency when assessing potential risk exposures within member firms.
Review new member full-service applications to assess whether the applicants’ financial condition meets DTCC member requirements.
Assess whether member firms need to be placed on enhanced surveillance based on newly disclosed material events.
Adhere to risk-related policies and best practices of CCR.
Demonstrate the behaviors and competencies that create a risk management mindset in the organization.
Demonstrate regulatory awareness and compliance and ensure adherence to risk-related policies and best practices.
Ensure compliance with CCR’s policies and procedures.

Bachelor's degree in Accounting, Finance, Business, or Economics required, MBA or CFA preferred
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 rating systems
In-depth understanding of regulatory rules and regulations
Additional Qualifications:

Experience in working with new technological initiatives and setting forth business requirements
Effective communication skills, both oral and written
About DTCC:

DTCC safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry’s needs and we’re working to continually improve the world’s most resilient, secure, and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost, and bring stability and certainty to the post-trade lifecycle.

DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you’ll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It’s the chance to make a difference at a company that’s truly one of a kind.

jonathan thompson
San Diego, CA 92126

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