Credit Risk Analyst Financial Institutions (FIG)

Madison-Davis, LLC; New York (NY); Hybrid; USD 90,000 - 150,000; Full time

Job summary

Madison-Davis, LLC in New York is seeking a Credit Risk Analyst for its FIG team. The hybrid role blends on-site and remote work, with a base salary range of $90k–$150k plus discretionary bonus.

The role focuses on Insurance and Broker-Dealer clients and requires strong credit risk fundamentals and a front-office mindset. The candidate will conduct in-depth credit analyses, participate in approvals, perform due diligence, and maintain credit files.

Qualifications

• Mandarin language proficiency is required due to regular interaction with Mandarin-speaking clients and internal stakeholders.
• Solid credit risk fundamentals suitable for front-office underwriting within FIG.
• Experience managing complex credit relationships from analysis through approval.

Responsibilities

• Conduct in-depth credit analysis on requests, renewals, changes, and annual reviews for FIG clients.
• Present detailed credit analyses and recommendations to Loan Officers and internal partners.
• Perform due diligence on credit-rated entities per bank policies and regulatory requirements.
• Review and quality-assure credit reports and proposals for accuracy and regulatory compliance.
• Maintain complete credit files and perform annual file reviews.
• Monitor findings and unusual credit activity affecting collateral or repayment ability.
• Update CRR system and credit usage tracker on an ongoing basis.
• Complete credit-related tasks for second-line functions in a timely manner.
• Support audit requests and remediation actions as needed.
• Liaise between FI clients and internal departments to aid onboarding.

Skills

Mandarin proficiency

Credit risk analysis

Front-office mindset

Job description

Title: Credit Risk Analyst Financial Institutions (FIG) Office Status: Hybrid (4 Days Onsite) New York, NY Base Salary: $90k - $150k + Discretionary Bonus

ABOUT THE ROLE

This opportunity sits within the Financial Institutions Group of a well-established banking organization, supporting a front office underwriting function with coverage across a broad array of FIG clients with a particular focus on Insurance companies and Broker-Dealers. The ideal candidate brings solid credit risk fundamentals, a front-office mindset, and the ability to manage complex credit relationships from analysis through approval. Mandarin language proficiency is required for this role, as the position involves regular interaction with Mandarin-speaking clients and internal stakeholders.

RESPONSIBILITIES

• Conduct in-depth credit analysis on new requests, renewals, credit change requests, and annual relationship reviews across a diverse FIG portfolio including Insurance and Broker-Dealer clients
• Present detailed credit analyses and recommendations to Loan Officers and other relevant internal parties
• Perform due diligence on credit-rated entities in accordance with bank policies, procedures, and regulatory requirements
• Review and quality-assure credit recommendation reports and proposals to ensure accuracy, consistency, and regulatory compliance
• Maintain complete and organized credit files with all required supporting documentation;perform annual file reviews
• Monitor and report any findings or unusual credit activities that may adversely impact loan collateral or a borrower's repayment ability
• Update and maintain the Credit Risk Rating (CRR) system and credit usage tracker on an ongoing basis
• Complete credit-related tasks and assessments requested by second-line functions in a timely manner
• Participate in internal and external audit requests and execute remediation actions as needed
• Serve as a liaison between FI clients and internal business departments to resolve inquiries and support new customer and product onboarding