Job Description, Responsibilities & Requirements
About the Position
Title: Associates, Counterparty Credit Risk
Employer: ING Financial Services, LLC
Location: New York, NY
Salary range: $117,000 - $123,000
We are seeking an Associates, Counterparty Credit Risk to join our Financial Risk team in New York, NY.
Responsibilities
- Perform credit risk analysis by assessing counterparties’ financial condition, measuring settlement and pre-settlement exposures, and evaluating risks related to securities financing and other trading products.
- Work with the Counterparty Credit Risk team to assess the financial strength of financial counterparties including banks and asset managers with a primary focus on pension funds.
- Conduct sector and counterparty reviews, assign internal risk ratings, and recommend credit limits.
- Monitor financials and exposures including performing sensitivity analyses.
- Analyze and interpret risk measurements for securities financing and derivatives transactions.
- Provide advice on trade approvals and ad-hoc transactions.
- Support senior credit officers with mortgage REITs, broker-dealers, clearing houses, and exchanges.
- Develop and maintain dashboards to monitor mortgage REIT and broker-dealer financials, ratings, limits, exposures, key metrics, and trends.
- Use Bloomberg Terminal to track market sentiment, price movements, and market indicators.
- Maintain portfolio tracking dashboards and prepare presentation materials by consolidating datasets with Power Query, generating reports and visualizations, and analyzing portfolio trends across exposures, concentrations, capital metrics, sectors, products, and credit risks.
- Apply knowledge of Agency Lending business analysis, compliance requirements, applicable regulations, and operational procedures to support Agency Lending activities, including stakeholder coordination and management of principal processes such as onboarding and offboarding, assigning principal ratings, and monitoring principals.
- Assist with U.S. regulatory reporting requirements and related projects.
Requirements
- Master’s degree or foreign equivalent in Accounting, Finance, or Economics.
- Minimum 2 years of banking experience working with credit risk management.
- Must have experience working with the following:
- Performing credit risk analysis
- Assigning risk ratings
- Recommending credit limits
- Analyzing counterparties including financial institutions, NBFIs, or corporates, and transaction summaries
- Financial market products including loans, derivatives, and securities
- Conducting sensitivity and scenario analyses on financial or credit metrics
- Performing credit research and financial modeling for projections
- Monitoring credit portfolios including exposure measurement, credit metrics, and key risks and mitigants
- Data analysis and automation using Excel formulas, PivotTables, and Macros
- Utilizing Bloomberg Terminal for analytics
- Securities financing or related funding or credit approval processes
- U.S. or international regulatory frameworks and reporting requirements.
We Offer
- Competitive salary range: $117,000 - $123,000
- Opportunity to work in a dynamic and inclusive environment
- Professional growth and development opportunities
About the Company
Chez ING, nous voulons libérer tout le potentiel de nos collaborateurs, grâce notamment à une culture inclusive où tout le monde peut se développer et avoir un impact sur nos clients et sur la société. Nous veillons à ce que la diversité, l'équité et l'inclusion soient prioritaires. En tant qu'employeur souscrivant au principe de l'égalité des chances, nous ne tolérons aucune forme de discrimination, qu’elle soit liée à l'âge, au sexe, à l'identité sexuelle, à l'origine culturelle, à l'expérience, à la religion, à la race, à l'origine ethnique, au handicap, aux responsabilités familiales, à l'orientation sexuelle, à l'origine sociale ou à tout autre statut protégé par la législation.
Si vous avez besoin d'aide lors du processus de candidature et/ou d'entretien, veuillez contacter le (la) recruteur(se) du poste concerné. Nous serons heureux de vous accompagner pour garantir un processus équitable et accessible.
Apprenez-en plus sur notre engagement en faveur de la diversité, de l’inclusion et de l’appartenance.