Credit
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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| Market Risk Officer | Comprehensive Recruiting Outstanding compensation, benefit and re... | Charlotte, NC | 16 May 12 |
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Leading Financial company is looking to add a Market Risk Officer responsible for producing/developing risk re...
| 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
| Director, Credit Risk | Not Disclosed $175k base salary, plus substantial annu... | Washington, DC | 16 May 12 |
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Lead the expansion, development, and implementation of a cutting edge Credit Risk platform. Oversight of Mode...
| 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 | Chicago, IL, 60601 | 15 May 12 |
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Seeking an Analst for fixed income credit analysis of the Industrials sector. This position will have responsi...
| 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
| A leading hedge fund in New York is looking 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 | 15 May 12 |
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• Senior Risk Specialist | Hedge Fund – traded credit • New York • Base salary - $250,000 - $300,000 total c...
| 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...
| Private Banking Relationship Expert | BNY Mellon Wealth Management DOE | Washington, DC | 15 May 12 |
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You will develop new high-end profitable relationships for Private Banking and maximize profitability of exist...
| Relationship Manager - Commercial Lending | Not Disclosed Competitive | Dallas, TX | 15 May 12 |
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See Job Description Below
| Relationship Manager - Commercial Lending | Not Disclosed Competitive | Denver, CO | 15 May 12 |
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| Relationship Manager - Commercial Lending | Not Disclosed Competitive | Atlanta, GA | 15 May 12 |
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| Relationship Manager - Commercial Lending | Not Disclosed Competitive | Charlotte, NC | 15 May 12 |
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| Relationship Manager - Commercial Lending | Not Disclosed Competitive | Pittsburgh, PA | 15 May 12 |
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| 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...
| Senior Financial Analyst | PayLink Payment Plans, LLC Competitive | Chicago, IL | 14 May 12 |
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PayLink Payment Plans, LLC was founded in 2006 by an experienced management team and supportive private equity...
| Associate, Specialized Credit Group | Not Disclosed Competitive | New York, NY, 10001 | 14 May 12 |
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Provides analytical and research support to the professionals in the Specialized Credit Group (SCG) team, whic...
| 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...
| Managing Director, Credit Investments | Highland Capital Management, L.P. Competitive | Dallas, TX, 75240 | 14 May 12 |
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The firm is seeking a proven, hard-working Managing Director who will help manage one of the firm's credit res...
| Director, Credit | Highland Capital Management, L.P. Competitive | Dallas, TX, 75204 | 14 May 12 |
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Highland is offering an exciting and rewarding opportunity to join its credit research team to make investment...
| Model Validation- Risk & Economic Capital | Not Disclosed $100k-120k base salary plus bonus | Washington, DC | 14 May 12 |
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Validate Risk Models, hands-on coding experience in C, C++, and experince with Economic Capital requirements. ...
