VP FIG Credit Risk Management

The Credit Risk team is responsible for managing the organization's credit exposure to trading and lending counterparties. Leveraging expertise in financial, credit, and risk analysis, the team ensures that credit exposure is managed within the firm's risk appetite. Staffed with hundreds of professionals across multiple global offices, credit professionals work closely with many areas of the organization. This structure provides diverse financial experience and a broad perspective on how the entire firm operates. Interaction with numerous departments and varied projects creates a challenging, multi-dimensional work environment.

Job Responsibilities

• Assess the credit and financial strength of Financial Institution counterparts through fundamental credit analysis of quantitative and qualitative factors
• Determine and manage credit risk appetite across derivatives, loans, funding, and deposits for a portfolio of Financial Institution counterparts
• Approve derivative and funding transactions while ensuring appropriate documentation and risk mitigants
• Perform credit underwriting of lending transactions and contribute recommendations to the capital committee approval process
• Recommend and defend internal and regulatory risk ratings for counterparts/transactions
• Oversee or perform counterparty research reviews and analysis
• Present findings and recommendations to senior management and respond to related inquiries
• Proactively monitor and assess counterparts and industry subsectors based on market indicators, regulatory guidance, rating agency commentary, and surveillance

Basic Qualifications

• Minimum of 5 years of experience covering Financial Institutions in credit risk management, fixed income research, or similar roles
• In-depth knowledge of banks, broker-dealers, finance companies, insurers, and related entities
• Familiarity with derivatives, funding, lending products, and associated documentation (e.g., ISDA/CSA, credit agreements)
• Understanding of regulatory risk rating requirements
• Experience leading due diligence discussions with senior management teams
• Strong decision-making skills and ability to influence negotiations
• Excellent written, oral, and presentation skills
• Ability to lead and motivate a diverse team and supervise junior members
• Strong organizational skills and ability to manage multiple assignments
• Bachelor's degree in Business Administration, Finance, or related field

Competencies

• Functional Expertise and Technical Skills: Deep knowledge of financial markets, risk analysis, and risk management practices
• Client and Business Focus: Builds long-term relationships and manages client expectations effectively
• Teamwork: Strong collaborator who encourages participation and acknowledges contributions
• Communication Skills: Clear and concise communicator with sound judgment
• Judgment and Problem Solving: Anticipates issues, plans contingencies, and analyzes complex problems
• Creativity and Influence: Develops practical, innovative solutions and influences outcomes through persuasive recommendations