This job has expired, please see additional jobs below
Senior Credit Analyst, Counterparty Credit Risk
Wintrust
Rosemont, IL, United States
Job Details - this job has expired, please see similar jobs below
Description
The Senior Credit Analyst - Counterparty Credit Risk reports directly to the VP of Wintrust’s Counterparty Credit Risk department and will assist the SVP and VP in executing the independent 2nd line of defense function. The fundamental goal of the Counterparty Credit Risk oversight function is to ensure Wintrust’s credit assessment practices for non-lending counterparties (e.g. our Treasury, Insurance and Mortgage counterparties or our critical third-party vendors) are appropriate for the size and scope of the organization and in line with supervisory guidance.
Assess the financial strength and stability of Wintrust’s counterparties by performing credit reviews, conducting ongoing surveillance, review earnings releases and other key risk events impacting our firms.
Assist the VP in ensuring Wintrust’s credit assessment practices for non-lending counterparties (e.g. our Treasury, Insurance and Mortgage counterparties or our critical third-party vendors) are appropriate for the size and scope of the organization, are in line with supervisory guidance and adhere to risk-related policies and best practices of counterparty credit risk.
Analyze financial statements to identify credit risks and mitigants, and to assess trends in financial institutions’ capital adequacy, profitability, asset quality, and liquidity/funding management.
Participate in gathering business requirements for the design of a credit risk management system.
Remain up to date on regulatory guidance and practices related to counterparty credit risk management and keep abreast of current trends/industry events in the counterparty space.
Assist in the development of counterparty credit risk management reports using Excel and PowerPoint.
Wintrust Financial Corporation (Wintrust) is a financial services company based in Rosemont, Illinois, with approximately $27 billion in assets. We engage in the business of providing traditional community banking services, commercial banking, wealth management services, commercial insurance premium financing, life insurance premium financing, mortgage origination, short-term accounts receivable financing, and certain administrative services, such as data processing of payrolls, billing and treasury management services. We provide community-oriented, personal and commercial banking services to customers located in the greater Chicago, Illinois and southern Wisconsin areas through our 15 wholly-owned banking subsidiaries.
#LI-POST
Qualifications
2-3 years working within a 1st line commercial credit analysis team or performing 2nd line counterparty credit risk oversight activities in an Enterprise Risk Management function at a financial institution with experience in financial statement analysis of numerous types of financial and non-financial firms.
Knowledge and experience with counterparty credit risk management practices including knowledge of the banking industry and regulatory guidelines as they relate to safety and soundness and counterparty credit risk management practices including but not limited to SR 11-10 (Interagency Supervisory Guidance on Counterparty Credit Risk Management)
Experience with counterparty credit and/or third-party vendor risk systems a plus.
Knowledge and use of market-implied credit rating tools is helpful.
Bachelor's degree in Accounting, Finance, Business or Economics is required, MBA a plus.
We provide an engaging, dynamic work environment, an excellent compensation package including 401k, employee stock purchase plan, medical/dental, life insurance and more!
Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, ethnicity, gender, sexual orientation, gender identity, national origin, veteran status, or disability.