Credit Review Team Member

TekWissen ®; Jersey City (NJ); On-site; USD 90,000 - 130,000; Part time

Job summary

A global workforce management provider is seeking a Credit Review Team Member in Jersey City, NJ. The incumbent will support the Credit Risk Review team, validate credit risk ratings, and assess internal credit policies. Ideal candidates will have a Bachelor’s in Accounting or Finance and substantial experience in financial services. This is a temporary, onsite position with working hours from 8:00 AM to 5:00 PM.

Qualifications

• 5 to 10 years in financial services experience in credit extension, underwriting, review, or analysis.
• Strong understanding of the credit process and regulatory guidance.
• 5 to 10 years of financial services experience in credit extension, underwriting, review, or analysis
• Strong credit analysis skills with understanding of the credit process and control; knowledge of leveraged lending and related regulatory guidance is a plus
• Proficiency in MS Excel and PowerPoint
• Strong written, verbal, and interpersonal skills
• Ability to discuss findings and make recommendations with tact and professional assertion
• Experience communicating with senior management

Responsibilities

• Support the Credit Risk Review team in identifying loans with credit weaknesses.
• Validate and adjust credit risk ratings as necessary.
• Assess internal credit policies and compliance with laws.

Skills

Credit analysis

Communication with senior management

MS Excel proficiency

MS PowerPoint proficiency

Interpersonal skills

Credit analysis

Education

Bachelor’s degree in Accounting or Finance

MBA or CPA or CFA

Job description

Overview

TekWissen is a global workforce management provider headquartered in Ann Arbor, Michigan that offers strategic talent solutions to our clients world-wide. Our client is a company who is a provider of banking and financial services. The company operates through two divisions, Retail Banking and Services, and Corporate and Institutional Banking.

Position

Credit Review Team Member

Location: Jersey City, NJ 07310

Duration: 3 Months • Job Type: Temporary Assignment • Work Type: Onsite • Shift: 8:00 AM – 5:00 PM

Responsibilities

• Support the Credit Risk Review team by identifying loans with actual and potential credit weaknesses.
• Validate and, if necessary, adjust credit risk ratings.
• Assess the adequacy of internal credit policies and loan administration procedures and compliance with applicable laws and regulations.

Minimum Required Qualifications

• Bachelor’s degree in Accounting or Finance
• MBA or CPA (or equivalent) or CFA a plus
• 5 to 10 years of financial services experience in credit extension, underwriting, review, or analysis
• Strong credit analysis skills with understanding of the credit process and control; knowledge of leveraged lending and related regulatory guidance is a plus
• Proficiency in MS Excel and PowerPoint
• Strong written, verbal, and interpersonal skills
• Ability to discuss findings and make recommendations with tact and professional assertion
• Experience communicating with senior management

Preferred Qualifications

• Experience in credit review, risk department, and/or origination; significant experience in one area also considered
• Participation in reviews of credit and counterparty risk across the CIB platform
• Document reviews and recommendations in written reports to senior management
• Exposure to portfolios such as Corporate Banking, Project Finance, Media & Telecom, Leveraged Finance, Asset Securitization, Hedge Funds, Insurance, Banks, and Broker/Dealers
• Understanding of governance, management, and controls of credit risk
• Ability to perform in-depth reviews of individual credits and validate risk ratings and loss given default rates
• Ability to prepare clear, concise written credit analyses covering obligor business and structure, facilities, capital structure, repayment sources, and legal documentation
• Understanding of rating methodologies and ability to re-perform ratings
• Ability to evaluate complex financing structures and associated risks
• Advanced ability to produce written reports and present findings

Additional Information

TekWissen Group is an equal opportunity employer supporting workforce diversity.