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.
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| Credit Risk Senior Analyst, Investments Risk | Genworth Financial Competitive Salary and Benefits Package | Stamford, CT, 06905 | 02 May 12 |
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The role will lead the development and maintenance of a robust reporting and monitoring platform for credit ri...
| Credit Officer Securities Backed Lending | UBS AG commensurate with experience | Weehawken, NJ, 07086 | 07 May 12 |
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Originated through its comprehensive network of financial advisors, branches, and offices located throughout t...
| Credit Risk Capital- VP | Not Disclosed $175,000 Basic Salary, plus bonus | Manhattan, NY | 16 May 12 |
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Develop Credit Risk Models for the portfolio, conduct stress tests, and monitor internal models and processes ...
| Derivatives Reporter | Thomson Reuters not disclosed | New York, NY | 16 May 12 |
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See job description below
| Leading New York based hedge fund seeks to expand its risk management group with this key hire | Selby Jennings Risk Team Base salary - $250,000 - $300,000 total... | New York, NY, 10001 | 16 May 12 |
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• Senior Risk Specialist | Hedge Fund – traded credit • New York • Base salary - $250,000 - $300,000 total c...
| Credit Risk Manager | Not Disclosed Highly Competive Base Salary and Bonus | New York, NY | 16 May 12 |
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Leading Investment seeks a Credit Risk Manager with Repo exp.
| Basel II Modeler | Not Disclosed $125k-150k basic salary, annual bonus ra... | New York City, NY | 16 May 12 |
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Lead Model Development, testing, and validation for Basel II regulations. Strong experience with Credit appro...
| VP Oil & Gas Credit | Not Disclosed Base $ 180 K - $ 200 K + 20 % - 25% bonu... | Nyc, NY, 10010 | 16 May 12 |
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Large Investment manager seeks experienced oil and gas bank credit VP. Will be responsible for reviewing portf...
| CREDIT ANALYST | BNP Paribas Investment Partners Competitive | New York, NY | 16 May 12 |
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We have an excellent opportunity for a Credit Analyst in our New York office.
| Market Risk Quant - CVA Modelling | Morgan Stanley not disclosed | New York, NY | 16 May 12 |
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See job description below
| High Yield Sales/Trading | Not Disclosed Base/Bonus/Commissions/Draw-OPEN | New York, NY, 10017 | 16 May 12 |
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NYC Investment Firm is seeking a High Yield Sales & Trading team/ Individuals
| Head Trader | IJC Partners, LLC. base & bonus | New York, NY | 16 May 12 |
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Multi-Billion NY based fund seeks a Head Trader
| VP Credit Risk-Hedge Funds | The Forum Group Base and Bonus | Manhattan, NY, 10167 | 15 May 12 |
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Investment Bank-Hedge Fund Credit Risk VP
| Manager Credit Risk Management Advisory | E. D. Starr & Company Competitive | New York, NY, 10036 | 15 May 12 |
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Global Leader in Risk Management Consulting
| VP Global Margin Analyst | E. D. Starr & Company Competitive | New York, NY | 15 May 12 |
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Quantitative Business Analyst - Margin Risk Management
| Counterparty Credit Analyst-FX Trading Firm – EM - New York | Analytic Recruiting Inc. Competitive comp | New York, NY | 15 May 12 |
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A major NY based financial firm that is active in trading, clearing and settling FX trades is looking for an e...
| Financial Modelling and Econometrics Professional | Fitch Solutions not disclosed | New York, NY | 15 May 12 |
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See job description below
| Asset Backed Securities, Associate Director | Fitch Ratings not disclosed | New York, NY | 15 May 12 |
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See job description below
| Financial Institutions, Director (Broker Dealer) | Fitch Inc not disclosed | New York, NY | 15 May 12 |
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See job description below
| Industrials Associate Director / Director | Fitch Inc not disclosed | New York, NY | 15 May 12 |
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See job description below
| Commercial Product Manager | Fitch Solutions not disclosed | New York, NY | 15 May 12 |
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See job description below
| Structured/Project Finance –ENERGY | APA International Placement Consultants, LLC $85,000 | Manhattan, NY, 10176 | 15 May 12 |
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Prestigious International Financial Firm seeks Associate with Project Finance (renewable and traditional energ...
| REITS, Associate Director | Fitch Inc not disclosed | New York, NY | 14 May 12 |
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See job description below
| CLO / bank loan operations analyst. | Not Disclosed Competitive | New York City, NY | 14 May 12 |
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Large New York based credit investment management firm has an immediate opening for a CLO / bank loan operatio...
| Commercial Real Estate Underwriter (Brooklyn) | SRI Search Competitive Base + Bonus | Brooklyn, NY, 11249 | 14 May 12 |
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Junior CRE underwriter needed for Commercial Bank. Position is located in Borough Park, Brooklyn. Must have a...
| CMBS Analyst (CRE CDO Team) | Moody's Corporation Annual | New York, NY, 10001 | 14 May 12 |
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DepartmentThe Commercial Real Estate Finance (CREF) Monitoring Group in New York is seeking to hire an Analyst...
| Director, Credit Team | Patriarch Partners, LLC Base + bonus | New York, NY, 10001 | 14 May 12 |
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Director of Credit Team
| Core Java Developer for Risk Management | Futures Group IT $125K-$175K Base + Bonus | New York, NY | 14 May 12 |
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Core Java Developer for the Market Risk Technology VAR team.
| Credit Risk Modeler | Not Disclosed $150,000 basic salary | New York, NY | 13 May 12 |
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Corporate Credit Risk professional needed to join leading Wall Street firm.
| CDS / Fixed Income Sales Associate | Not Disclosed 100000-150000 | New York, NY, 10017 | 11 May 12 |
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We are a leading electronic trading platform that allows investment industry professionals to efficiently tra...