Senior Counterparty Credit Risk Analyst

Federal Reserve Bank of New York; New York (NY); On-site; USD 240,000 - 270,000; Full time

Benefits offered by this job

Educational assistance

Career development tools

Parental leave

401(k) with generous match

Onsite Health & Wellness Center

Job summary

Federal Reserve Bank of New York is seeking a Credit Risk Specialist to analyze counterparty credit risk for depository institutions with FRBNY accounts, maintain risk ratings, and implement mitigation measures. The role involves monitoring conditions, coordinating with supervision and other stakeholders, and contributing to CCR policy and data quality initiatives.

You will interact with FRBNY Supervision, Financial Services, and other departments to ensure prudent risk management and effective

Qualifications

• Seasoned professional with subject matter expertise in counterparty credit analysis and management.
• Experience with Federal Reserve System policies, frameworks, information systems and governance bodies is highly desirable.
• Strong analytical, quantitative, and communication skills; able to work with multiple stakeholders.

Responsibilities

• Perform credit analyses of depository institutions with FRBNY accounts and services.
• Maintain internal risk ratings and implement credit risk mitigation measures.
• Monitor financial conditions and regulatory/macroeconomic developments; identify early warning signals.
• Lead or participate in cross-district workgroups and projects related to policy, technology solutions and data quality.

Skills

Counterparty credit analysis

FRS policies and governance

Analytical skills

Communication and influence

Team collaboration

Education

Bachelor’s degree or equivalent

Tools

Fedwire

ACH

Job description

Federal Reserve Bank of New York is seeking a Credit Risk Specialist to analyze counterparty credit risk for depository institutions with FRBNY accounts, maintain risk ratings, and implement mitigation measures. The role involves monitoring conditions, coordinating with supervision and other stakeholders, and contributing to CCR policy and data quality initiatives.

You will interact with FRBNY Supervision, Financial Services, and other departments to ensure prudent risk management and effective