Counterparty Credit Risk Senior Associate

Counter party Credit Risk Senior Associate

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.

• 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 potential DTCC applicants (comprised of U.S. and Foreign banks, broker‑dealers, and other types of financial institutions) through the interpretation of financial documents. As a Senior Credit Risk Associate within the CCR team, you will assess the creditworthiness of new applicants applying for membership based on fundamental analysis, which will include interpreting financial documents as well as recommending credit conditions if needed.

You will perform new member application write‑ups, Treasury Counter party and Line of credit provider reviews. You will also be tasked with understanding the credit risk rating matrix, and the assessment of existing risk controls.

• 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 Senior Associate 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.

• Bachelor’s degree in Accounting, Finance, Business, or Economics required. MBA, FRM or CFA preferred.
• 5+ years’ proven experience analyzing financial institutions (broker‑dealers required).
• Prior experience with setting credit covenants or conditions to mitigate risk.
• Hedge Fund analysis experience a plus.

• Excellent knowledge of financial statement analysis for various financial institutions, particularly banks, broker‑dealers and hedge funds.
• Fundamental credit analysis skills, including knowledge of CAMELS and other rating systems.
• In‑depth understanding of regulatory rules and regulations.
• Effective interpersonal skills, both…