Associate -Credit Risk Management

Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging area? This is a unique opportunity for you to work in our team to partner with the Business to provide a comprehensive view.

As a Credit Risk Associate within the Risk Management team, you will play a pivotal role in supporting the firm's growth by proactively identifying, assessing, and managing emerging risks. Your expertise in high-quality credit analysis and statistical model development will be crucial in estimating, monitoring and managing credit risk for TCIO’s (Treasury and Chief Investment Office) fixed income portfolio, which encompasses a diverse range of securitized and non-securitized asset classes.

Job responsibilities

• Conduct comprehensive credit analysis and develop quantitative models to forecast credit losses for TCIO's fixed income investments
• Perform in-depth credit analysis for various TCIO investments across the fixed income spectrum. Engage with senior members of TCIO Credit Risk and the Portfolio Management teams to complete risk analysis, present conclusions and facilitate timely investment approvals
• Develop statistically robust models to forecast credit losses for the fixed income investment portfolio, by incorporating insights from new research in the credit risk domain and enhancing existing methodology
• Work alongside senior team members on product specific analysis required to support risk discussions, including preparation and delivery of analytical presentations for various Senior Risk forums
• Support the model validation team by addressing queries and ensuring models meet regulatory requirements and are fit for use
• Mentor and train junior team members and colleagues, sharing best modeling practices and domain knowledge
• Partner with the Front Office, Finance, Valuation Control Group, Model Review Group, Policy, Finance, Technology and Middle Office for other ongoing projects, thus contributing to continued build-out of the TCIO Credit Risk franchise

Required qualifications, capabilities, and skills

Preferred qualifications, capabilities, and skills

Knowledge of regulatory modeling (CECL / CCAR / IFRS9)

Proficiency in advanced analytical languages such as Python, R