U.S. Analyst - Risk and Permanent Control
Job Title: U.S. Analyst
Anticipated Start Date: June 2024
US Analyst Program Overview
The US Analyst program offers an opportunity for recent college graduates interested in finance and investment banking to participate in this fast-paced industry. We provide our US Analyst with the tools necessary for professional growth and career advancement. The US Analyst experience fosters the opportunity to connect with people who can help guide you career.
The US Analyst position will be available for a maximum of 2 years. The goal of the US Analyst program is to develop the ideal candidate into a full-time position at the end of the two years.
Purpose: Processing credit requests and annual credit reviews of non-bank financial institutions
Key responsibilities:
- Preparation of the first level full credit applications and credit analyses based on requests received from the Front Office/business line, covering asset managers, regulated and leveraged funds, insurance companies, broker-dealers, clearing houses and other financial institutions (except banks).
- Presentation of financial statements when applicable.
- Review of legal protections including trading agreements (MRA, ISDA, CSA, MSLA), guarantees and financial covenants when applicable.
- Submission of files to NY Credit Committee via email or presentation in person.
- Submission of files to Home Office credit risk teams (RPC HO).
- Assist in monitoring hedge fund performance on a monthly basis.
- Frequent interaction with the various Front Office teams to gather additional information concerning the client, discuss credit risk issues and mitigants, and obtain relationship profitability information and commercial support/strategy.
- Coordinate with RPC HO to answer any inquiries for additional information/explanations, follow-up on rating validations, and communicate credit issues and trends as appropriate.
- Operational responsibilities such as processing requests to attach new funds to their respective credit envelopes, monitoring funds’ NAVs, and request creations/changes of counterparty names, classifications, ricos structures, etc.
- Assist in any internal or external audit assessments, loan reviews, or special projects as needed.
Key Internal contacts
- Local RPC teams (Counterparty Risk, Market Risk, Admin-Monitoring and Projects)
- Local Front Office teams (FIG, GMD, ITB)
- Home Office RPC and Front Office
Minimum Qualifications
- Bachelor’s degree in Business or Finance
- 0-1 years of professional work experience
- Able to begin June 2024
- Candidate is eligible to work in the US for any employer
- Candidate will not require sponsorship to work in the US now or in the future
Preferred Qualifications:
- Credit experience at a bank, an investment bank and/or a credit rating agency as an intern
- Analyze and summarize credit information
- Prioritize workload effectively
- Be detail oriented
- Effective problem solving skills
- Cooperate with local and international teams
- Be proactive
- Be flexible to changing environments
- Ability to multitask
- Work towards the goals highlighted in CACIB’s strategy