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Federal Home Loan Bank of New York · 8 hours ago

Credit Risk Business Analyst

New York, United States

Full-time

Hybrid

Entry, Mid Level

$100K/yr - $115K/yr

2+ years exp

The Federal Home Loan Bank of New York is seeking a Credit Risk Business Analyst to join their Credit Risk Management team. The role involves maintaining internal databases, processing examinations, and assisting in various analytical tasks related to credit risk management.

Financial ServicesInsuranceVenture Capital

Responsibilities

Ordering and processing reports of examination (ROEs) from various member institutions and their regulatory agencies; including tracking the ROE order status, receipt, and payment

Reviewing and summarizing various member and counterparty reports that are provided internally and to regulatory agencies

Performing research including locating, summarizing and internally disseminating member news articles and enforcement actions

Assisting Credit Risk Management staff with compiling various reports

Assists the Credit Analysts with various projects that occur on a scheduled basis or as ad hoc requests

Processing departmental vendor invoices, check requests and member billing

Administers the Credit Risk Management Department compliance with the Bank’s records retention requirements

Complies with Bank policies and procedures, and applicable laws and regulations. Reports known or suspected violations of law, regulation, policy or procedure to appropriate levels of management

Participate in maintaining a professional risk control environment that is conducted within risk limits, processes, and standards that are set for regulatory and operational risks of the Bank and as reviewed by the Auditors/Examiners

Monitors and reports exposures relative to established limits to ensure compliance, notifying senior management of any breaches

Prepare department materials for Credit and Collateral Risk Committee meetings, Board mailings and Special Data Requests due to the FHFA

Qualification

Credit Risk ManagementFinancial AnalysisSQL QueriesExcel ProficiencyBanking KnowledgeAnalytical SkillsInterpersonal SkillsProject Management

Required

Relevant work experience of 2 - 5 years

Exposure to the design, development, and implementation of information technology systems

Knowledge of the banking and insurance industry, NRSRO rating systems, and financial models

Understanding of domestic accounting rules, banking regulation, and financial markets

Analytical: Math/statistics strengths are required along with the ability to provide clear explanations to users, management, and other staff

Financial knowledge: knowledge of financial instruments and financial institutions

Software: MUST HAVE Very strong Excel skills including knowledge of lookups, pivot tables, data queries, and linked tables

Ability to construct flowcharts, pseudo-code, and/or actual macros of moderate complexity

Ability to build and update complex spreadsheets with a high degree of accuracy

Ability to conceptualize processes and relate to others who may write the actual code

Familiar working with Databases and Database Management Tools, including proficiency running SQL queries

The candidate will also need to track various issues during the period they are investigating as well as resolve and provide management with regular reports on the status

Strong interpersonal skills

Bachelor's Degree required