Analyst, Counterparty Credit Risk

## Analyst, Counter party Credit Risk Apply locations:
Rosemont, ILtime type:
Full time posted on:
Posted Todayjob requisition :
261012

Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich.,

and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol “WTFC.”
** Why join us?
*** An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 12 years) and Employee Recommended award by the Globe & Mail (past 6 years).
* Competitive pay and discretionary or incentive bonus eligible.
* Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few.
* Promote from within culture.
** Why join this team?
*** We foster an inclusive environment for an individual to grow and work independently.
* Opportunity to interact with management level, experienced professionals - higher visibility.
* Wintrust has a great culture that comes from the top down.
* Gain experience and further your career by joining a growing organization.
** Position Overview
** The Counter party Credit Risk Analyst will assist the VP and Department SVP in executing the independent second line of defense function. The fundamental goal of Counter party Credit Risk Oversight is to ensure Wintrust’s credit assessment practices for non-lending counter parties (e.g., our Treasury, Corporate, Insurance, Sovereign, and Mortgage counter parties, as well as Third-Party Vendors) are appropriate for the size and scope of the organization and in line with supervisory guidance.
** What You’ll Do
*** Assist in the regular credit review cycle to ensure the financial condition of our material non-lending counter parties is analyzed and rated at least annually and monitored throughout the year. This task involves conducting credit reviews of our non-lending counter parties.  A key component of these reviews is the analysis of financial statements to identify credit risks and mitigants, and to assess trends in financial institutions’ capital adequacy, profitability, asset quality, and liquidity/funding management.
* Assist the VP/SVP in ensuring Wintrust’s credit assessment practices and policies for non-lending counter parties are appropriate for the size and scope of the organization and in line with supervisory guidance and assist in the annual review of our counter party credit risk policy and procedures.
* Assist in the maintenance of the department’s credit risk management system, Moody’s Credit Catalyst, monitor exposure relative to limits, and ensure non-lending counter party credit exposure is captured in the system.
* Prepare, analyze, and develop various data and metric reports for counter party credit risk management using Excel and PowerPoint and assist in the monitoring and reporting of appropriate counter party credit risk appetite metrics and KRIs.
* Remain up to date on regulatory guidance and practices related to counter party credit risk management and keep abreast of current trends/industry events in the counter party space.
* Complete OFAC or other background checks on financial counter parties as required.
** Qualifications
* ** 0-2 years of credit related experience.
* Bachelor’s degree required. Completion of a formal credit training program preferred.
* Ability to analyze financial statements and write up credit reviews that clearly identify credit risks and mitigants, and to assess trends in a firm’s capital…