Our credit jobs are all listed within this sector. Credit job titles are usually "credit risk managers," "credit analysts" or "credit officers," but some banks use a seniority level followed by credit - e.g., "vice president, credit." No matter the title, throughout the course of a credit career, these professionals review credit applications from the bank's clients (usually companies that wish to borrow money) or from other financial institutions who are the firm's counterparties.
Jobs listed here also include credit risk. This is the risk of loss of principal funds if a borrower defaults on loan repayment. Risk is incurred when a person or company plans to use future income to pay a current debt. Credit risk analysts and professionals aim to minimize risk by creating credit proposals and reviews, which supply businesses with impartial assessments on the financial situation of potential and current borrowers.
Credit analysts work with the lending team to make sure that credit proposals or extensions are approved or declined in compliance with the firm's own credit policies alongside local regulations. Most lenders use internal models, called credit scorecards, to judge potential and existing customers according to risk. Various different components such as operating experience, management expertise, asset quality and leverage and liquidity ratios are considered when composing these models.
The goal of a credit professional is to maintain high credit quality through the careful structuring, sanctioning, monitoring and control of credit applications in accordance with credit standards. Credit analysts are also required to keep track of clients whose credit portfolios require careful checking. That way, any deterioration in credit will be quickly detected and the overall risk lowered.
Credit professionals, particularly ones that stand higher within the business, must work closely with the business and understand their overall portfolio and risk capabilities. They should keep current on financial analysis and risk profiles of assigned sectors, borrowers and counterparties throughout credit careers. They must handle the difficulty of balancing the goals of sales staff to expand the business with their own responsibilities to lend carefully and make financially sound credit decisions.
Different types of transactions carry different credit risk issues, including within corporate banking, project finance, structured trade and syndications. Many other firms besides banks recruit credit professionals as well. For instance, private equity firms hire them to manage the credit risk of counterparties and investment-related service providers.
Credit jobs can be very specific. Some positions may work only on counterparty risk. These involve due diligence visits to financial institutions to gather credit information. They then analyze these financial records with excel spreadsheets, providing the bank with a current, realistic estimation of future operating performance.
Show more » « Show less
| Credit Risk Manager | Integrated Management Resources Open | New York, NY | 11 Feb 12 |
|---|
Global Firm is seeking a Risk Manager within the clearing (PB or other) space.
| VP Internal Consulting | Not Disclosed $ 180K - $ 200K + 20% - 25% bonus | New York, NY, 10008 | 11 Feb 12 |
|---|
Major Institutional Investment Manager seeks VP to lead and manage an internal strategic consulting group in a...
| Credit Risk Manager | Not Disclosed Highly Competive Base Salary and Bonus | New York, NY | 10 Feb 12 |
|---|
Top Financial Services firm seeks a Credit Risk Manager
| VP Municipal Credit | Stone Management saalry + bonus | New York, NY | 10 Feb 12 |
|---|
Energy Related Project Developer seeks a municipal finance credit officer.
| Counterparty Credit Associate | Stone Management salary + bonus | New York, NY | 10 Feb 12 |
|---|
Large US financial Institution seeks an experience credit analyst to cover their asset manager portfolio.
| Basel II Modeler | Not Disclosed $125k-150k basic salary, annual bonus ra... | New York City, NY | 10 Feb 12 |
|---|
Lead Model Development, testing, and validation for Basel II regulations. Strong experience with Credit appro...
| Collateralized Loan Trader "CLO" | The Delafield Group base and bonus | New York City, NY | 10 Feb 12 |
|---|
Investment Bank is looking to expand their structured credit trading team and is seeking to add an experienced...
| Senior Associate | KPMG KPMG offers a comprehensive compensation... | New York, NY | 10 Feb 12 |
|---|
Do you have a passion for solving complex business problems? KPMG's Advisory Services Practice focuses on fund...
| Credit Risk Capital- VP | Not Disclosed $175,000 Basic Salary, plus bonus | Manhattan, NY | 10 Feb 12 |
|---|
Develop Credit Risk Models for the portfolio, conduct stress tests, and monitor internal models and processes ...
| High Yield institutional sales. - USA; Based in NY | Selby Jennings $Competitive package | New York, NY, 10001 | 10 Feb 12 |
|---|
Fixed Income Sales (HY/DD/IG/MBS) – Institutional Clients – USA - $ Extremely Competitive
| Credit/Volatility Research Associate | IJC Partners, LLC. base & bonus | Greenwich, CT | 10 Feb 12 |
|---|
Credity/Volatility Quant needed for major hedge fund
| US MBS Sales - USA; Based in NY | Selby Jennings FIFX $Competitive package | New York, NY, 10001 | 10 Feb 12 |
|---|
Sales: Senior Securitized product Sales USA, NYC . $Salary: Highly Competitive. (Credit, MBS, USA, Senior, Sal...
| Credit Relationship Portfolio Management Analyst | Not Disclosed competitive | New York, NY | 09 Feb 12 |
|---|
Credit Relationship Portfolio Management ("CRPM") within Financial Institutions Group ("FIG"):
| Credit Risk Modeler | Not Disclosed $150,000 basic salary | New York, NY | 09 Feb 12 |
|---|
Corporate Credit Risk professional needed to join leading Wall Street firm.
| Programming Analyst | Fitch Ratings not disclosed | New York, NY | 09 Feb 12 |
|---|
See job description below
| REITS, Senior Director | Fitch Ratings not disclosed | New York, NY | 09 Feb 12 |
|---|
See job description below
| Associate Level Credit Quant | Anson Mccade Competitive | New York, NY, 10001 | 08 Feb 12 |
|---|
My client is a Top Tier bank looking to hire an Associate Level Credit Quant for its Global Credit Products te...
| VP - Financial Institutions | Not Disclosed Strong | New York, NY, 10001 | 07 Feb 12 |
|---|
Top Financial Firm in NYC - seeking an experienced senior Financial Insitutions Credit/Risk analyst - to cover...
| Quantitative Developer (Java/C#/C++/Credit Trading) | The Tuttle Agency 250000 | Manhattan, NY, 10016 | 07 Feb 12 |
|---|
Credit Trading (CTD) is a rapidly growing division of the broader Fixed Income Currency & Commodities (FICC) g...
| Dealer Relationship Manager | Not Disclosed 90000-11000 | Manhattan, NY, 10017 | 07 Feb 12 |
|---|
Dealer Relationship Manager Then firm operates a leading electronic trading platform that allows investme...
| Credit Officer Securities Backed Lending | UBS AG commensurate with experience | Weehawken, NJ, 07086 | 07 Feb 12 |
|---|
Originated through its comprehensive network of financial advisors, branches, and offices located throughout t...
| Counterparty Credit Analyst-FX Trading Firm – EM - New York | Analytic Recruiting Inc. Competitive comp | New York, NY | 07 Feb 12 |
|---|
A major NY based financial firm that is active in trading, clearing and settling FX trades is looking for an e...
| Analyst/Associate Leveraged Finance | Not Disclosed 80 K base plus bonus | New York City, NY | 06 Feb 12 |
|---|
Major International bank is currently looking for Leveraged Finance Credit Analysts and Associates with 1 to 3...
| Associate Portfolio Management | Not Disclosed 80-90 K base plus bonus | New York City, NY | 06 Feb 12 |
|---|
Large International Bank currently seeks a 3-4 year Associate to join our Portfolio Management group in our Le...
| Sr. Credit Analyst, Non-Agency RMBS Research | American International Group, Inc. (AIG) NA | New York, NY, 10001 | 06 Feb 12 |
|---|
This position resides within the Non-Agency RMBS Research Team of the Structured Products Group.
| CREDIT ANALYST | BNP Paribas Investment Partners Competitive | New York City, NY | 06 Feb 12 |
|---|
BNP Paribas Investment Partners (BNPP IP) is the fourteenth-largest asset management firm in the world managin...
| VP Credit Fortune 1000 Industrials | Not Disclosed Base $ 180K - $ 210 K + 25% bonus | Nyc, NY, 10010 | 03 Feb 12 |
|---|
Major Investment advisory company seeks 10-20 years of major credit analysis and decision making with a prefer...
| Auctions Specialist | Markit Commensurate with experience | Manhattan, NY, 10018 | 03 Feb 12 |
|---|
Global Product Services provides operational support to a broad range of products, ranging from our pricing an...
| Manager Credit Risk / RAROC / RAPM Advisory Services | E. D. Starr & Company Competitive | New York, NY, 10001 | 02 Feb 12 |
|---|
Top Tier Management Consulting Firm
| Engagement Manager – Risk Management Strategy – Credit Risk / Economic Capital | E. D. Starr & Company Competitive | New York City, NY | 02 Feb 12 |
|---|
Prestigious Strategy Consulting Firm