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Fidelity Bank · 2 months ago

Manager, Counterparty Credit Risk - Credit Risk

Jersey City, NJ

Full-time

Hybrid

Mid Level

$80K/yr - $153K/yr

3+ years exp

Fidelity Bank is a financial services institution seeking a Manager of Counterparty Credit Risk. In this role, you will assess the credit worthiness of counterparties, monitor exposures, and perform analyses to support risk management efforts within the organization.

BankingBitcoinCustomer ServiceFinancial ServicesInsuranceWealth Management

No H1B

Responsibilities

Independently assess and evaluate the credit worthiness of bank and broker-dealer counterparties across Fidelity platforms

Monitor the credit and market exposure to these counterparts

Perform a qualitative and quantitative analysis of the financial condition of the firm, the products and markets in which the firm is engaged, the strength of the firm’s management team and whether there is any reputational risk in doing business with the counterpart

Monitor credit limit usage for assigned counterparts, identify issues, and escalate with proposed solutions to the Vice President of Credit Risk as needed

Performing written credit analysis on assigned new and existing bank/broker-dealer counterparts and establishing appropriate credit limits and guidelines based on analysis

Monitoring and escalating credit and market exposure as necessary, utilizing various financial tools to assess, monitor, and measure daily counterparty activity

Collaborating with the FCM trading desks, product teams, middle and back offices, treasury, as well as legal, risk, compliance partners to resolve issues and support the needs of the business/products

Participating in the development, enhancement and testing of risk management systems

Qualification

Credit analysisFinancial analysisCFACFA CandidacyBloombergS&P Capital IQPowerPointExcelTableau/Power BIAnalytical skillsCommunication skillsTeamworkInitiative