Senior Analyst, Credit Risk

StoneX Group Inc.; Chicago (IL); Hybrid; USD 100,000 - 130,000; Full time

Job summary

StoneX Group Inc. is seeking a Credit Risk professional to support institutional operations.

You will assess the financial strength of clients, set limits for Investment Advisors, Broker Dealers, Banks, Insurance companies and other financial institutions, and help develop reporting and system tools to guide risk decisions. The role requires 4+ years in financial risk, knowledge of regulatory rules, and experience with Python/SQL/R/Power BI; hybrid work arrangement with 4 days onsite and 1 day

Qualifications

• Four or more years of applicable work experience in a financial institution or risk capacity.
• Strong financial aptitude in credit analysis and/or financial statement analysis.
• Exposure to regulatory rules and procedures for financial institutions.

Responsibilities

• Independently assess financial strength and credit risk of institutional clients.
• Prepare credit reviews and approve limits for trading, settlement, and clearing.
• Monitor client exposures daily to ensure compliance with limits.
• Develop reporting tools to support risk monitoring and improve efficiencies.
• Collaborate with Legal and front office on financial securities agreements.
• Understand and apply credit procedures and regulatory rules.

Skills

Credit risk analysis

Financial statement analysis

Regulatory rules knowledge

Python

SQL

R

Power BI

Education

Bachelor’s Degree in Finance/Economics/Accounting

Tools

Power BI

Python

SQL

R

Job description

Overview

Connecting clients to markets – and talent to opportunity.

Overview

Connecting clients to markets – and talent to opportunity.
With 5,400+ employees and over 80,000 institutional, commercial, and payments clients, we operate from more than 80 offices spread across six continents. As a Fortune 100, Nasdaq-listed provider, we connect clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors.
Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, StoneX Group is made up of four business segments that offer endless potential for progression and growth.

Business Segment Overview

Corporate: Engage in a deep variety of business-critical activities that keep our company running efficiently. From strategic marketing and financial management to human resources and operational oversight, you’ll have the opportunity to optimize processes and implement game-changing policies.

Position purpose:

Seeking candidate to join the Credit Risk team supporting our institutional operations. Candidate will be responsible for performing credit assessments and setting limits for a portfolio of Investment Advisors, Broker Dealers, Banks, Insurance companies and other financial institutions, and support the Credit Risk team in the development and implementation of reporting and system projects to guide risk decisions and drive efficiencies throughout the organization.

Responsibilities

Primary duties will include:

• Independently assess the financial strength and credit risk of institutional clients by conducting financial statement analysis, assigning ratings through quantitative and qualitative analysis, and understanding the customer’s business, industry, and products and services offered by StoneX.
• Prepare credit reviews and approve limits to allow financial trading, settlement and clearing based on credit authority levels, or recommend limits to senior members of the Credit Risk Team or the Risk Management Committee, as applicable.
• Monitor and manage client exposures daily to ensure compliance within established limits.
• Build and sustain professional relationships with both internal and external customers.
• Ability to meet broker deadlines and manage job responsibilities in a fast-paced environment.
• Develop reporting tools necessary to support risk monitoring and improve department efficiencies.
• Collaborate with Legal and front office to negotiate financial securities agreements including MRA, GMRA, MSLA, MSFTA.
• Negotiates and administers the exchange of corporate guarantees, netting agreements, and Letters of Credit, used to mitigate counterparty risk.
• Understand and ensure compliance with credit procedures and regulatory rules/practices.
• Assist in the development and testing of credit systems, reports, and processes.
• Knowledge of business applications & systems to develop & enhance risk tools for monitoring credit risk.
• Serve as a technical resource/informal mentor for Credit Analysts.

Qualifications

To land this role you will need:

• Four or more years of applicable work experience, preferably within a financial institution or in a risk capacity.
• Strong financial aptitude in credit analysis and/or financial statement analysis, preferably within the trading/capital markets or within a financial institution.
• Exposure to financial institutions: Registered Investment Advisors, Broker Dealers, Banks, Insurance companies, municipalities, or financial funds.
• Working knowledge of operations and settlement procedures for regulated financial entities.
• Knowledge of financial institutions regulatory rules and procedures.
• Familiarity with network and database technologies.
• Knowledge of programming languages including python/SQL/R/Power BI is preferred.
• Strong organizational, analytical, and problem-solving skills.
• Experience with credit risk management tools and techniques.

What makes you stand out:

• Professional licensing is a plus (FINRA SIE, Series 7)

Education / Certification Requirements:

• Bachelor’s Degree in Finance, Economics, Accounting, or related field.

Working Style:

• 4 days per week onsite, 1 day per week remote
• Must be authorized to work in the US for any employer

Hiring Salary Range $100,000 - $130,000. Salary to be determined by the education, experience, knowledge, skills and abilities of the applicant, internal equity and alignment with market data.) Subject to business performance and recommendations of management, this role may be eligible to participate in an incentive compensation plan. This compensation package, in addition to a full range of medical, financial, and/or other benefits, dependent on the position, is offered.