New York Community Bank.
ERM Credit Risk Analyst, Senior is responsible in assisting the ERM Credit Risk Manager for risk identification, measurement, aggregation, and monitoring of all credit related activities. Responsible for the development and implementation of integrating credit risk management within all areas of the Bank as it relates to new products, existing products and all activities where credit risk is embedded. Maintains an in depth knowledge and expertise of the various credit related objectives and mitigating controls to ensure credit risk is appropriately managed.
Prepares and presents management reports for the ERM Credit Risk Manager, to anticipate credit exposures that reflect elevated levels of risk. Develops complex *what if* scenarios that go beyond simpler trend analysis assessing variables (utilizing stress test tools and output) that change key risk drivers and their impact to expected losses, earnings and capital. Leverages the data and risk analytics team within ERM to build a credit dashboard that will provide Executive Management and Business Process Owners with a deeper level of analytics to capture emerging risks and their impacts to concentration, earnings, liquidity and capital. Utilizes available tools within the ERM department to produce analyses against regulatory peer data and market level analyses. Produces forward looking analyses utilizing third-party purchased macroeconomic data to project credit trends in NYCB's primary and non-primary lending areas. Develops quarterly reports that provide granular level information as it pertains to our portfolio characteristics for each loan type. Reports include information on changes, trends, and key characteristics that influence the risk of the loans and investments within our balance sheet. Provides enhanced risk management standards to the Business Process Owners as it relates to their policies, procedures and/or processes for managing their credit portfolios. Develops close working relationships with the overall ERM department, credit BPO's and regulatory bodies as they relate to credit risk management. Responsible for ensuring the integration of credit risk management is appropriate and aligned correctly in ERM BPO Surveys, Risk Appetite Statements and Strategic Objectives. Reviews and develops appropriate forward looking and leading key credit risk indicators. Assists with the limit setting and early warning indicators as it relates to credit risk to ensure process captures forward looking and stress testing analyses appropriately. Assists in the preparation of monthly and quarterly credit and counterparty risk reports. Assists in the development of an ERM Credit Risk Operating Policy. Maintains knowledge of regulatory guidance as it pertains to credit related activities for the Bank and ensures Bank policies are aligned accordingly. Continues training through conferences, working groups and affiliation with key risk management associations. Performs special projects, and additional duties and responsibilities as required. Where applicable and when performing the responsibilities of the job, employees are accountable to maintain Sarbanes-Oxley compliance and adhere to internal control policies and procedures.
EDUCATION AND EXPERIENCE:
Bachelor's Degree in Accounting, Finance or Business Administration or related field. Formal credit training required. Minimum of five years of professional level experience in financial services environment. Experience training others to perform job-related tasks. Three-years of experience with spreading fi...
New York Community Bank.
Website : http://www.mynycb.com
With assets of $46.7 billion at December 31, 2013, New York Community Bancorp, Inc. is the holding company for New York Community Bank, a New York State-chartered savings bank serving customers throughout Metro New York, New Jersey, Florida, Ohio, and Arizona; and New York Commercial Bank, a New York State-chartered commercial bank serving consumers and businesses in the New York City boroughs of Manhattan, Queens, and Brooklyn, and the counties of Nassau, Suffolk, and Westchester – all in New York.