Counterparty Credit Risk Analyst EDGE Program

Overview

Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We're committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

The Exploration, Development, Growth and Experience (EDGE) Program supports DTCC’s commitment to identify and select diverse early career talent across the organization, ensuring you have a comprehensive understanding of our industry, our company, the technical / functional skills needed for the various business areas, and the leadership competencies needed for overall success within DTCC.

• A program that provides accelerated development opportunities designed to cultivate the future leaders for DTCC
• Week-long orientation
• A comprehensive learning and engagement plan
• Assigned to your own mentor and EDGE buddy to gain a well-rounded view of the company
• Networking and exposure to senior management

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee)

The Counter party Credit Risk (CCR) team is responsible for assessing the financial stability of DTCC’s member firms, treasury investment counter parties, line of credit providers, and critical third parties. CCR reviews financial statements and other relevant information to assess these firms’ credit risk profiles.

The Counter party Credit Risk Analyst will be responsible for monitoring the credit risk profile of firms consisting primarily of banks and broker-dealers. This credit risk monitoring process includes annual reviews, ongoing surveillance of monthly/quarterly financial data, ongoing surveillance of negative news, maintenance of the credit risk rating matrix (CRRM) model, and other ongoing monitoring. The CCR Analyst will also become familiar with new accounting and regulatory developments, as well as macroeconomic trends, which impact member firms.

The CCR Analyst will also assist on various projects such as gathering and reviewing financial statements, analyzing current procedures to identify opportunities to streamline processes, and coordinating with other departments on initiatives such as automating processes.

• Analyze financial documents to identify credit risks and mitigants, and to assess trends in financial institutions (e.g., banks, broker-dealers, insurance companies, hedge funds, etc.) capital adequacy, profitability, asset quality, and liquidity/funding management
• Work with internal departments, including Market Risk, Product Management, Relationship Management, Legal, and Compliance, to maintain visibility when assessing potential risks or concerns with new applicants
• The analyst will be the main point of contact for the new applicant and will be responsible for running and coordinating due diligence calls
• Review new member full-service applications to assess whether the applicants’ financial condition meets DTCC member requirements
• Adhere to risk-related policies and standard processes of CCR
• Analyze and assess Investment Counter parties and Line of Credit Providers and occasionally Third-Party Vendors
• Demonstrate the behaviors and proficiencies that build a risk management mentality in the organization
• Demonstrate regulatory awareness and compliance and ensure adherence to risk-related policies and standard methodologies
• Ensure compliance with CCR’s policies and procedures

NOTE:

The Primary…