Bank of America

Credit Analyst III - Reg Fund/Credit Risk - Global Markets Credit

$61KFull-time · New York, NY
✓ Verified live on the employer's own system · added 9 days ago
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Junior · 1+ yr exp

Requirements

Education: Bachelor's degree or related field

Experience: 1+ year

Skills & tools

Financial AnalysisManagementLoan ProcessingRecordkeepingOperationsSalesCommunicationsExcel
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Full job description

Key responsibilities include focusing on, but not limited to credit, market, and reputational risk; as well as adherence and monitoring of credit risk policies, risk appetite, and reporting, including but not limited to Top of House (TOH) and Line of Business (LOB) specific reports or regulatory related reporting. Responsible for all aspects of the credit management of Americas (AMRS)-based Regulated Funds and Asset Managers.

- Manage a fast-paced, high-volume portfolio of AMRS-based regulated and alternative fund clients from on-boarding through to underwriting/credit approval and ongoing monitoring and oversight. - Conduct detailed analysis of clients demonstrating a good understanding of investment strategies, liquidity, leverage and the trading products & associated risks, that the funds trade. - Assign internal counterparty risk ratings and recommend risk limits and guardrails based on clients' risk profile - Liaise with Legal to negotiate relevant documentation (ISDA, GMRA, MSFTA, MSLA, etc.) for trading activities. - Perform ongoing monitoring of clients regarding changes in credit quality, adherence to risk appetite/limits and policies. - Support monitoring of adherence to industry risk governance, as well as monitoring for potential operational, reputational and market risk issues - Coordinate and build strong working relationship with colleagues including Sales & Trading, 2nd Line Risk, Credit Risk review and Audit functions, and LOB management. - Conduct ad-hoc portfolio reviews and prepare management information as required. - Contribute to regulatory tasks and deliverables as required in respect of AMRS Asset Managers portfolio.

- 1+ years of experience in commercial and/or corporate credit risk, preferably covering regulated and/or alternative fund clients - Ability to manage significant deal flow often on tight deadlines in a dynamic and fast-paced environment - Self-starter with excellent communication skills, problem solver with an ability to negotiate effectively - Able to work as part of a team, willing to support more junior members of the team as required - Good quantitative and Excel based skills

- Bachelor's Degree in Finance, Economics, Accounting or similar fields - Experience using Bloomberg or similar market data platforms - Understanding of Global Markets suite of products, market risk metrics and legal documentation.

$60,800.00 - $110,000.00 annualized salary, offers to be determined based on experience, education and skill set.

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This posting was published by Bank of America on their own careers system and is shown here with a direct link to apply there. Employers: for corrections or removal, contact jobs@veritahire.com.