Counterparty Credit Risk Associate Director

DTCC

4.8

(63)

Dallas, TX

Why you should apply for a job to DTCC:

  • Ranked as one of the Best Companies for Women in 2023
  • 4.8/5 in overall job satisfaction
  • 4.9/5 in supportive management
  • 95% say women are treated fairly and equally to men
  • 98% would recommend this company to other women
  • 100% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • 100% rating on the Corporate Equality Index and was recognized as one of the Best Places to Work for LGBTQ Equality.
  • Flexible + Hybrid work options available
  • Corporate Social Responsibility initiative focuses on charitable giving and volunteerism.
  • #207926

    Position summary

    offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

    The impact you will have in this role:

    As a member of the Counterparty Credit Risk (CCR) team Associate Director will be responsible for assessing the financial stability of potential DTCC applicants (comprised of U.S. and Foreign banks, broker-dealers, and other types of financial institutions) through the interpretation of financial documents. As an Associate Director within the CCR team, you will use your strong track record of credit analysis and project management to provide subject matter expertise on DTCC's most complex credit applicants (consisting of banks, broker-dealers, and other financial institutions) based on fundamental analysis, which will include interpreting financial statements as well as recommending credit conditions if needed. You will also partner with various internal departments within DTCC to build and maintain relationships with other subject matter experts across the organization, and recommend improvements to streamline existing processes and procedures for onboarding DTCC applicants (i.e., work closely with relationship management teams to improve initial applicant onboarding experience, initial documentation requirements, etc.).

    Your Primary Responsibilities:

    • Analyze financial statements of complex applicants to identify credit risks and mitigants, and to assess trends in financial institutions' (e.g., banks, broker-dealers, insurance companies, hedge funds, etc.) capital adequacy, profitability, asset quality, and liquidity/funding management
    • Work with internal departments, including Market Risk, Product Management, Relationship Management, Legal, and Compliance, to maintain visibility when assessing potential risks or concerns with new applicants.
    • Build and maintain relationships with other subject matter experts across the organization and recommend improvements to existing policies and procedures.
    • Assist in CCR's effort to produce high-quality training for CCR staff and other internal departments.
    • Demonstrate the behaviors and proficiencies that build a risk management mentality in the organization
    • Demonstrate regulatory awareness and compliance and ensure adherence to risk-related policies and standard methodologies
    • Ensure compliance with CCR's policies and procedures

    Qualifications:

    • Bachelor's degree in Accounting, Finance, Business, or Economics required. MBA, FRM or CFA preferred.
    • 5+ years' Proven experience analyzing financial institutions (broker-dealers required).
    • Prior experience with setting credit covenants or conditions to mitigate risk.
    • Hedge Fund analysis experience a plus.
    • Strong relationship management and business judgement skills.

    Talents Needed for Success:

    • Excellent knowledge of financial statement analysis for various financial institutions, particularly banks, broker-dealers and hedge funds.
    • Fundamental credit analysis skills, including knowledge of CAMELS and other rating systems
    • In-depth understanding of regulatory rules and regulations
    • Effective interpersonal skills, both oral and written

    The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

    Why you should apply for a job to DTCC:

  • Ranked as one of the Best Companies for Women in 2023
  • 4.8/5 in overall job satisfaction
  • 4.9/5 in supportive management
  • 95% say women are treated fairly and equally to men
  • 98% would recommend this company to other women
  • 100% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • 100% rating on the Corporate Equality Index and was recognized as one of the Best Places to Work for LGBTQ Equality.
  • Flexible + Hybrid work options available
  • Corporate Social Responsibility initiative focuses on charitable giving and volunteerism.