Senior Credit Risk Specialist — Counterparty & Policy

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

Job summary

The Federal Reserve Bank of New York is seeking a Credit Risk Specialist to assess counterparty credit risk, monitor depository institutions, and contribute to risk governance. You will collaborate with CCR and other internal teams to manage credit risk exposures, analyze financial conditions, and implement mitigation strategies.

Strong quantitative and communication skills are essential. Salary range reflects senior responsibilities and federal requirements; full-time, on-site role with

Qualifications

• Expertise in counterparty credit analysis and management.
• Knowledge of Federal Reserve System policies and governance bodies.
• Experience with credit risk measurement and scenario analysis.

Responsibilities

• Perform credit analyses of depository institutions with FRBNY accounts; maintain internal risk ratings and mitigate risk.
• Provide input into intraday credit decisions.
• Monitor financial conditions of depository institutions and regulatory developments.
• Identify early warning signals and communicate risks effectively.
• Lead or contribute to CCR projects on policy, technology and data quality.

Skills

Counterparty credit analysis

Fed policy knowledge

Credit risk management

Risk reporting

Communication skills

Tools

Fedwire

ACH

Job description

The Federal Reserve Bank of New York is seeking a Credit Risk Specialist to assess counterparty credit risk, monitor depository institutions, and contribute to risk governance. You will collaborate with CCR and other internal teams to manage credit risk exposures, analyze financial conditions, and implement mitigation strategies.

Strong quantitative and communication skills are essential. Salary range reflects senior responsibilities and federal requirements; full-time, on-site role with