MANAGER- COUNTERPARTY, CREDIT RISK AND UNDERWRITING

Razzino Associates; New York (NY); On-site; USD 125,000 - 140,000; Full time

Job summary

An established industry player is seeking a skilled Credit Risk Manager to oversee counterparty and credit risk management. This role involves engaging with business partners for credit risk analysis and maintaining a robust credit risk framework. The successful candidate will collaborate with senior leadership, evaluate creditworthiness, and manage insurance programs. This is an exciting opportunity to contribute to strategic oversight and risk management in a dynamic environment. If you have a strong background in credit risk and a passion for navigating complex challenges, this position is perfect for you.

Qualifications

• 5+ years in counterparty or credit risk management, ideally in manufacturing sectors.
• Experience in credit risk for commodities producers/consumers is a plus.

Responsibilities

• Manage Counterparty and Credit Risk through diligence and analysis.
• Maintain and improve the Credit Risk framework for M&A business.

Skills

Counterparty Risk Management

Credit Risk Analysis

Microsoft Office Suite

SQL

Python

Data Visualization Tools

Interpersonal Skills

Tools

Power BI

Job description

Our client is a family of businesses that covers several different sectors including fertilizers, industrial chemicals, logistical assets, lawn and garden business, ice melt as well as private investments. They have cultivated a solid network and have operational capacity spanning decades of domestic and international exposure. As business has grown, so have the potential acquisitions, site development and business development opportunities that come across our desk. We are looking for someone that can oversee and manage Counterparty, Credit Risk and Underwriting.

Responsibilities include and are not limited to :

• Manage Counterparty and Credit Risk by engaging business partners to perform diligence and credit risk analysis of clients, counterparties, and credit investments.
• Maintain and improve the Credit Risk framework, while advising senior leadership on our evolving M&A business and Vendors with strategic oversight to develop leading risk metrics.
• Appropriately measure and manage emerging risks and products.
• Recommend internal credit risk ratings based on a firm-wide credit model and prepare written assessments to substantiate the periodic credit review for rating upgrades / downgrades of potential takeover targets.
• Perform credit portfolio reviews and evaluate potential exposures.
• Participate on the Credit Risk Committee by preparing materials that clearly communicate Counterparty and Credit Risk Analytics to senior management by building your own data, metrics, trends, and recommendations.
• Evaluate the creditworthiness of individual companies based on the review of financial statements, credit modeling tools, score cards, and third-party analyst reports.
• Structure and negotiate commercial insurance programs as well as managing all relationships with property and casualty / employee benefits insurance brokerage firms and administrators.
• Work directly with State and Federal regulatory agencies to update them on business plans; propose and secure approval for new lines of coverage.
• Manage claim operations.
• Direct the underwriting process.
• Manage inter-company loans to provide greater access to liquidity.
• Oversee the process for insurance renewals.
• Provide risk management and insurance expertise while procuring additional insurance coverage as necessary.

Requirements :

• Minimum of 5 years of experience in counterparty or credit risk management within manufacturing and ideally in fertilizers, industrial chemicals, logistical assets, lawn and garden.
• Prior experience in credit risk for analyzing commodities producers / consumers is a plus.
• Confidence to resolve complex client challenges or learn new products by collaborating with business partners.
• Strong proficiency in Microsoft Office Suite (Excel, PowerPoint), SQL, Python, data visualization tools (such as Power BI).
• Excellent cross-functional collaboration skills, including navigating leadership and interpersonal working relationships.

Reports to : Director, Risk & Compliance

Location : Armonk, NY

Compensation : 125k-140k plus bonus and all Benefits

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Credit Risk Manager • New York, NY, United States