Credit Risk Reviewer Max 60hr W2
Credit Risk Reviewer Max 60hr W2
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Onsite in Jersey City
The primary role of Credit Risk Review is to:
o Participating in reviews of credit and counterparty risk across the CIB platform to detect and report on potential weaknesses in the credit approval and monitoring process. Results of reviews including recommendations for improvement are documented in written reports to senior management.
Portfolios covered include Corporate Banking Project Finance Media & Telecom Leveraged Finance Asset Securitization Hedge Funds Insurance Banks and Broker/Dealers.
o Acquiring a solid understanding of the reviewed activities and specific industry risks.
o Assessing adequacy and effectiveness of governance management and controls of credit risk.
o Performing indepth reviews of individual credits to assess credit quality and validate the accuracy of the assigned counterparty risk ratings and loss given default rates and recommending changes as necessary.
o Evaluating the appropriateness of the level of provisions for impaired credits. Assessment of provisions involves challenging assumptions and reperforming discounted cash flow analysis if warranted
o Assessing conformity of legal documentation and quality of supporting security (collateral).
o Adding value to the area under review by raising relevant recommendations.
o Writing quality reports with appropriate recommendations in plain English.
o Delivering clear presentations to management.
Additional Information :
All your information will be kept confidential according to EEO guidelines.
Remote Work :
No
Employment Type :
Contract
Employment Type
Contract
