Associate Credit Risk Officer, Financial Institutions

Madison-Davis; New York (NY); Hybrid; USD 110,000 - 130,000; Full time

Job summary

Madison-Davis, LLC in New York, NY seeks an Associate Credit Risk Officer in a hybrid role. You will perform quantitative and qualitative credit risk analysis across Financial Institutions in North America and Latin America, assign internal ratings, and approve daily trade requests across derivatives, repo, stock lending, and MBS.

The role requires 3+ years of FI credit risk experience, strong financial statement analysis, and the confidence to present recommendations to senior Risk Management.

Qualifications

• 3+ years of Financial Institutions credit risk experience.
• Strong financial statement analysis skills.
• Ability to present recommendations to senior Risk Management.

Responsibilities

• Perform quantitative and qualitative credit risk analysis across commercial banks, broker-dealers, insurance companies, CCPs, mortgage originators, and mortgage REITs in North America and Latin America
• Assign internal credit ratings and limits; monitor exposure usage for limit breaches and recommend corrective actions
• Approve daily trade requests across derivatives (FX, rates, equities, credit), repo, stock lending, MBS, and related products
• Analyze ad-hoc, deal-specific transactions and present credit risk recommendations to senior Risk Management
• Lead counterparty due diligence through calls and in-person visits; conduct periodic portfolio reviews across Financial Institutions sub-sectors
• Track regulatory, industry, counterparty, and external rating developments and take appropriate action
• Negotiate credit terms in legal documentation, including ISDA/CSA, MRA, MSLA, and MSFTA
• Contribute to global risk change initiatives, coordinating across Risk and Business colleagues on internal and regulatory-driven enhancements

Skills

Credit risk analysis

Financial institutions

Quantitative analysis

Presentation skills

Negotiation

Job description

Title: Associate Credit Risk Officer

Status: Hybrid

Location: New York, NY

Base Salary: $110k $130k + Bonus

ABOUT THE ROLE

This Associate opportunity sits within the Credit Risk function of a leading global financial services group, offering second-line coverage of a Financial Institutions portfolio across North America and Latin America. The role spans commercial banks, broker-dealers, insurance companies, CCPs, mortgage originators, and mortgage REITs. It combines rigorous quantitative and qualitative credit analysis with internal rating and limit assignment, daily trade approvals across derivatives, repo, stock lending, and MBS, and counterparty due diligence. It s an ideal fit for a credit professional with 3+ years of Financial Institutions credit risk experience who combines strong financial statement analysis with trading product knowledge, legal documentation negotiation skills, and the confidence to present recommendations to senior Risk Management.

RESPONSIBILITIES

• Perform quantitative and qualitative credit risk analysis across commercial banks, broker-dealers, insurance companies, CCPs, mortgage originators, and mortgage REITs in North America and Latin America
• Assign internal credit ratings and limits; monitor exposure usage for limit breaches and recommend corrective actions
• Approve daily trade requests across derivatives (FX, rates, equities, credit), repo, stock lending, MBS, and related products
• Analyze ad-hoc, deal-specific transactions and present credit risk recommendations to senior Risk Management
• Lead counterparty due diligence through calls and in-person visits; conduct periodic portfolio reviews across Financial Institutions sub-sectors
• Track regulatory, industry, counterparty, and external rating developments and take appropriate action
• Negotiate credit terms in legal documentation, including ISDA/CSA, MRA, MSLA, and MSFTA
• Contribute to global risk change initiatives, coordinating across Risk and Business colleagues on internal and regulatory-driven enhancements