Executive Director - Financial Institutions

Scope Group; Union (NJ); On-site; USD 183,894 - 214,162; Full time

Benefits offered by this job

Benefits package

Job summary

Scope Group is seeking an Executive Director – Financial Institutions to lead analytical work on a portfolio of banks and NBFIs across several European countries. You will chair rating committees, publish research, and liaise with clients as a primary contact, shaping methodologies and outcomes for Scope’s ratings business.

You will interact with bank executives, regulators, and investors, driving development of analytical capabilities while mentoring team members.

Qualifications

• At least 15 years of relevant experience with internationally recognized financial institution.
• Master's degree in finance, banking, economics, statistics, mathematics, or equivalent qualification.
• Strong grasp of European bank regulations and bank liabilities.

Responsibilities

• Lead rating committee discussions and communicate recommendations.
• Monitor and review existing ratings and trigger timely reviews.
• Interact with bank executives, regulators, investors, and journalists.
• Chair rating committees and develop new methodologies for assets.

Skills

MS Office

Communication

English

Inquiry and analysis

Education

Master's degree in finance/economics/statistics/mathematics

Tools

Power BI

VBA

Macrobond

S&P CapIQ

Excel

PowerPoint

Job description

Executive Director – Financial Institutions

Summary

Scope is looking for a talented, dynamic and results-oriented Executive analyst to join Scope’s Financial institutions team based in the EU. You will be joining a dynamic, friendly and international team with analysts located in Paris, Milan, London, Frankfurt and Oslo. You will be responsible for assessing credit risk and monitoring existing ratings on your own portfolio of banks and NBFIs, liaising with issuers and market participants and regularly publishing research on key credit topics affecting your coverage.

As part of your rating work, you will interact with bank executives, regulators, investors and journalists. You will also be chairing credit committees for a broad portfolio of issuers, ensuring the quality and consistency of Scope's rating processes and outcomes. In addition, you will play a vital part in the development of new methodologies and work closely with other team members to take the next step in further developing Scope’s presence and recognition.

Duties & responsibilities

• Carry primary analytical responsibility for a portfolio of up to 20 banks and non-bank financial institutions in several European countries.
• Lead rating committee discussions, being responsible for rating recommendations and associated communications, including press releases and rating reports.
• Monitor existing ratings and recommend reviews and changes on a timely basis as necessary.
• Act as main communication point of contact between Scope and its clients.
• Attend, and act as a lead rating analyst on meetings with bank representatives, including senior management.
• Produce high-quality, insightful, and forward-looking research and analytical comments on a timely basis (thematic, name-specific, market-specific, etc.).
• Represent Scope Ratings expertise to investors and other market participants, as well as give presentations and briefings at a highly professional level.
• Participate in the development of Scope’s analytical capabilities, tools and methodologies.
• Chair rating committees, ensuring the consistent application of Scope’s methodologies.
• Lead the development of new methodological approaches for different asset classes.
• Supports the team leader in managing and supervising other Financial Institutions team members, staff and management in Scope Ratings.

Professional & personal qualifications

• At least 15 years of relevant experience with internationally recognized financial institution such as a rating agency, investment bank, consultancy firm or asset manager, ideally with a focus on bank credit analysis.
• Master's degree in finance, banking, economics, statistics, mathematics, or equivalent qualification.
• Solid understanding of European bank regulations and banking trends.
• Extensive knowledge of different classes of bank liabilities and their risk drivers.
• Excellent familiarity with numbers and accounting concepts applicable to banks, as well as with financial ratios relevant for bank analysis.
• High degree of self-organization with a demonstrated ability to deliver on projects and meet challenging internal and external deadlines.
• Reliability and accountability, including the willingness to take responsibility in a proactive fashion.
• Strong analytical and problem-solving skills, including the ability to think outside of the box and constructively challenge the status quo.
• Excellent interpersonal skills, including the ability to flawlessly communicate via remote channels with colleagues and clients.
• Confident and professional appearance.
• Strong MS Office (Word, Excel, PowerPoint) computer skills. Proficient use of VBA, PowerBi, Macrobond or S&P CapIQ are a plus.
• Proficient written and oral communication in English. Fluency in other European languages is highly valued.

Compensation and Benefits

Pay Band: ED - Financial Institutions Minimum: 161,000.00 EUR Maximum: 187,500.00 EUR

Bonus: Discretionary

Benefits: Scope offers an extensive range of benefits. Please check our benefits page for more details.

Diversity Statement

At Scope Group, we are committed to fostering a diverse and inclusive workplace where everyone is treated with respect and fairness. We embrace people from all backgrounds, regardless of culture, ethnicity and gender. We ensure that our application processes are free from discrimination. By valuing each individual's unique background and perspectives, we strive to create an environment where all employees can thrive and contribute their best. Our dedication to equality and inclusivity reflects our belief that diversity drives innovation and success.