Strategic Counterparty Risk Manager

First Electronic; Salt Lake City (UT); On-site; USD 120,000 - 180,000; Full time

Job summary

First Electronic Bank in Salt Lake City is seeking a Financial Counterparty Risk Manager to join our Credit & Counterparty Risk team. This role evaluates, monitors, and reports on the financial condition and credit risk of the Bank's strategic partners.

The successful candidate will work with the Head of Credit & Counterparty Risk and cross-functional stakeholders to identify risks and support safe growth of partner programs.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or related field.
• 5+ years of experience in financial and counterparty risk roles.
• Experience spreading and analyzing commercial or corporate financial statements.
• Strong understanding of liquidity, cash flow, and credit risk evaluation.
• Advanced Excel skills; proficient with PowerPoint and Word.

Responsibilities

• Analyze financial condition and creditworthiness of strategic partners.
• Spread and analyze monthly, quarterly, and annual financial statements.
• Monitor liquidity trends and identify emerging credit concerns.
• Track compliance with financial covenants and contractual obligations.
• Prepare financial risk reports and portfolio metrics for executive management, the Credit Committee, and the Board of Directors.
• Develop and maintain risk scorecards, KRIs, and early warning indicators.
• Support due diligence for prospective strategic partners, products, and programs.
• Collaborate with Legal, Compliance, Finance, Operations, and Technology teams.

Skills

Analytical thinking

Financial analysis

Credit analysis

Education

Bachelor's degree in Finance, Accounting, Economics, or related field

Tools

Excel

PowerPoint

Word

Job description

First Electronic Bank in Salt Lake City is seeking a Financial Counterparty Risk Manager to join our Credit & Counterparty Risk team. This role evaluates, monitors, and reports on the financial condition and credit risk of the Bank's strategic partners.

The successful candidate will work with the Head of Credit & Counterparty Risk and cross-functional stakeholders to identify risks and support safe growth of partner programs.