The individual will be responsible for credit analysis of existing or new non-bank financial institution clients / counterparties related to the following industries : asset managers and regulated / unregulated funds, pension funds;
institutional accounts etc. This position also focuses on Agent Lenders acting as agents on behalf of their clients including mutual / institutional funds and other mandates.
Day to day responsibilities include :
Assess the creditworthiness of the counterparties (Agent lenders, Principals, Funds, mandates, Pension etc); prepare a credit report by capturing relevant information as per the internal policies, recommend internal ratings and justify the limit proposals.
Obtain the RISQ approvals of the ratings and limits within the specified timelines, and ensure the internal systems are accurately updated.
Processing credit requests in a timely manner to meet business deadlines and maintain the annual review cycle.
Research and analyze financial data on the client to prepare high quality analysis in credit applications that address client credit risk and transaction risk.
Conduct sector research covering North America to support the analysis.
Showcase strong credit judgment skills when recommending credit facilities, taking into consideration facility size, tenor, and suitability for client.
Propose obligor ratings using the bank’s rating tools.
Manage key components of counterparty credit administration such, trading documentation (ISDA / CSA, GMRA, GMSLA, FAA) and managing credit limits.
Should be familiar with credit terms for legal documents and co-ordinate with legal department on negotiations.
Perform ongoing monitoring of client credit quality to identify a possible deterioration of credit quality.
Monitor exposure and manage credit limit exceptions / overshoots. Adapt to ongoing accounting and regulatory changes that affect credit limits and exposure.
Coordinate all aspects of a credit request, liaising with FIG relationship managers, Business Lines, Legal staff, Risk division and other stakeholders.
Ability to organize time and manage deliverables to deadlines.
Ability to identify and accommodate shifting priorities with little notice.
Ability to analyze and evaluate counterparty risk and financial condition based utilizing quantitative and qualitative data.
Acquire ability to complete work with minimal or no supervision.
Possess a high degree of enthusiasm and energy to learn a variety of financial institution industry sectors.
Ability to work in a team environment, interfacing with team members, front office bankers and salespersons, risk team, and clients.
Proficiency using Word for written analysis and Excel for spreadsheet analysis
Ability to acquire knowledge of the accounting, legal and regulatory issues governing relevant sectors.
Ability to investigate / research / synthesize data and make appropriate conclusions as to what is causing the observed result(s)
Ability to write concisely and in a way that conveys analysis and conclusions without minimal follow-up questions.
Working knowledge of trading documentation.
Develop competency with SG’s internal systems.
Knowledge of capital markets / OTC traded products / Securities lending business and committed financing facilities.
Knowledge of US Asset Management Industry.
Excel skills, such as macros and pivot tables.
PRIOR WORK EXPERIENCE
Required : 3+ years of overall credit analysis experience preferably in non-bank FI space