Broadgate are excited to be partnered with a Regional Bank who are looking for a Director Counterparty Credit Risk Underwriting to be fully remote.
Key Responsibilities
• Produce counterparty credit underwritings predicated on the CAMELS methodology (Capital Adequacy, Asset Quality, Management Capabilities, Earnings and Profitability, Liquidity and Funding Stability, and Sensitivity to Market Risk),
• Monitor approved counterparties in Bank surveillance program, identifying approval limit breaches, trends in financial performance and rating changes.
• Technical expertise to incorporate data and create data visualizations from various external sources (S&P Market Intelligence, Bloomberg, Moody’s, Fitch, etcs)
• Generate all surveillance-based reporting, partner with IT to update all dashboards and review findings with counterparty senior management.
• Run counterparty stress testing tool on bank portfolio with emphasis on Potential Future Exposure (PFE) calculation; partner with other stress testing teams across the Bank with exposure to underlying transactions connected to counterparties.
• Support all stakeholders involved in the compilation of status reporting for committee structures, department updates and PMO.
Skills/experience
• Bachelor’s Degree Required-Business, Finance, Accounting or Economics preferred.
• 5-7 years of related underwriting experience - sound understanding of cash flow analysis from financial statements, credit rating agency reporting and investor presentations
• Experience working in surveillance platforms, eGRCs, and audit platforms, preferred.
• Sufficient understanding of securities markets, derivatives, and options trading strategies.
• Familiarity with process map development and procedures to support department’s consistent application of policy and compliance with external/internal audit requirements.
• Ability to prioritize work to meet deadlines and work both independently and within a team structure.
