Our credit jobs are all listed within this sector. Credit job titles are usually "credit risk managers," "credit analysts" or "credit officers," but some banks use a seniority level followed by credit - e.g., "vice president, credit." No matter the title, throughout the course of a credit career, these professionals review credit applications from the bank's clients (usually companies that wish to borrow money) or from other financial institutions who are the firm's counterparties.
Jobs listed here also include credit risk. This is the risk of loss of principal funds if a borrower defaults on loan repayment. Risk is incurred when a person or company plans to use future income to pay a current debt. Credit risk analysts and professionals aim to minimize risk by creating credit proposals and reviews, which supply businesses with impartial assessments on the financial situation of potential and current borrowers.
Credit analysts work with the lending team to make sure that credit proposals or extensions are approved or declined in compliance with the firm's own credit policies alongside local regulations. Most lenders use internal models, called credit scorecards, to judge potential and existing customers according to risk. Various different components such as operating experience, management expertise, asset quality and leverage and liquidity ratios are considered when composing these models.
The goal of a credit professional is to maintain high credit quality through the careful structuring, sanctioning, monitoring and control of credit applications in accordance with credit standards. Credit analysts are also required to keep track of clients whose credit portfolios require careful checking. That way, any deterioration in credit will be quickly detected and the overall risk lowered.
Credit professionals, particularly ones that stand higher within the business, must work closely with the business and understand their overall portfolio and risk capabilities. They should keep current on financial analysis and risk profiles of assigned sectors, borrowers and counterparties throughout credit careers. They must handle the difficulty of balancing the goals of sales staff to expand the business with their own responsibilities to lend carefully and make financially sound credit decisions.
Different types of transactions carry different credit risk issues, including within corporate banking, project finance, structured trade and syndications. Many other firms besides banks recruit credit professionals as well. For instance, private equity firms hire them to manage the credit risk of counterparties and investment-related service providers.
Credit jobs can be very specific. Some positions may work only on counterparty risk. These involve due diligence visits to financial institutions to gather credit information. They then analyze these financial records with excel spreadsheets, providing the bank with a current, realistic estimation of future operating performance.
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| Credit Validation Associate | Morgan Stanley Competitive | New York City, NY | 19 May 13 |
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See job description for details
| Credit Risk Management - Commodities | Morgan Stanley Competitive | New York City, NY | 19 May 13 |
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See job description for details
| Director, Loan Officer, Los Angeles | Michael Page International - US $Base plus $Competitive Bonus | New York City, NY | 17 May 13 |
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Our client is a Bulge Bracket Commercial Banking. They are looking for an experienced middle market loan offic...
| Risk Manager (Immediate Need) | Comprehensive Recruiting Outstanding compensation and benefit pac... | New York City, NY | 17 May 13 |
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Top Financial Firm is looking to add a Risk Manager that will assist Senior Members of the Risk Management tea...
| Associate Director, Ratings Analytical | McGraw Hill Financial Base and discretionary bonus | New York City, NY | 17 May 13 |
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Analyst
| Corporate Credit Trader - New York/London | DBFS £Highly Competitive + Bonus + Benefits | New York City, NY | 17 May 13 |
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An elite global investment house currently require a Spanish/Portugese speaking Corporate Credit Trader with a...
| Credit Analytics Manager | Not Disclosed Base Plus Bonus | New York City, NY | 16 May 13 |
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A top-tier insurance company is looking to hire a Credit Analytics Manager with 5+ years of international cred...
| Senior Credit Desk Analyst | UBS AG - Investment Bank - US to be determined | New York City, NY | 16 May 13 |
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Senior credit trading desk analyst supporting high yield, loan, and investment grade trading desks.
| Lead Portfolio Manager US Investment Grade Credits New York | ING Investment Management Contract with ING IM | New York City, NY | 16 May 13 |
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The Investment business line consists of 180+ investment professionals divided over 13 investment teams and 4 ...
| High Yield Trading/Sales | IJC Partners OPEN | New York City, NY | 16 May 13 |
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NYC Investment Bank is seeking a High Yield trading/sales team/individuals to establish a new desk.
| Credit Analyst/AVP - 3 Openings | Michael Page International - US Base + Bonus | New York City, NY | 15 May 13 |
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Our client is a Global Bulge Brack Bank and has 3 Credit openings in different teams.
| Private Equity/Debt - Associate | Michael Page International - US Base + Bonus | New York City, NY | 15 May 13 |
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Our client is a top-tier Private Debt & Equity investor and Asset Manager.
| Junior Portfolio Manager - High Yield / Leveraged Loans | Michael Page International - US Base Salary and Peformance Bonuse | New York City, NY | 15 May 13 |
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Credit Investment business seeks to add a Junior / Associate Portfolio Management professional to their Corpor...
| VP, Oil/Gas/Chemicals Credit Officer, Bulge Bracket Bank | Michael Page International - US $Base plus $Bonus | New York City, NY | 15 May 13 |
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Our client is a Bulge Bracket Bank, and they are looking for a Credit Officer covering the Oil, Gas and Chemic...
| Associate, Corporate Banking Relationship Manager | Michael Page International - US $Base plus $Bonus | New York City, NY | 15 May 13 |
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Our client is a Bulge Bracket Bank. They are looking for an Analyst / Associate, Corporate Banking Relationshi...
| Credit Analyst | Not Disclosed 85000-110000 | New York City, NY | 15 May 13 |
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Description Credit Analyst This position is focused on counterparty credit analysis within capital ma...
| Investment Banking Analyst - Leveraged Finance | Michael Page International Competitive | New York City, NY | 13 May 13 |
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Our client is a Global Invesment Bank who is looking to add an Investment Banking Analyst (at least 12 mos. ex...
| Sr. Analyst & Sr. Associate - Principle Credit Investment Banking | Michael Page International - US $125,000 - $175,000 | New York City, NY | 13 May 13 |
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Principal Credit Investment Arm of a Global Investment Bank seeking Analysts & Associates for their busy NY te...
| AVP, Credit Risk Strategist – Credit Research – Corporate, Sovereign, Municipal, High Yield, Real Estate | GQR Global Markets $100-140k base (DOE) + very competitive... | New York City, NY | 13 May 13 |
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AVP, Credit Risk Strategist – Credit Research – Corporate, Sovereign, Municipal, High Yield, Real Estate –Cre...
| CREDIT ANALYST FOR LOANS TEAM | BNP Paribas Investment Partners Competitive | New York City, NY | 07 May 13 |
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BNP Paribas Investment Partners(BNPP IP)is one of the largest asset management firms in the world. BNPP IP of...
| Sr Portfolio Risk Oversite | The Delafield Group $ 300,000 | New York City, NY | 02 May 13 |
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Prominant Hedge Fund is seeking a Risk Oversight individual who has both a trading and risk background
| Analyst – Residential Mortgage Backed Securities | Not Disclosed 175K plus bonus | New York City, NY | 30 Apr 13 |
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Responsibilities will include assuming lead analyst role for the rating of US RMBS, Canadian covered bond tran...
| Sales Officer - Trade Finance Solutions - Global Transaction Banking | Deutsche Bank - US competitive | New York City, NY | 29 Apr 13 |
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Deutsche Bank "Best Global Investment Bank 2010" A Passion to Perform. It's what drives us. More than a cl...
| VP Financial Institutions Credit Risk | Robert Walters Associates Inc 175000-225000 Total Compensation | New York City, NY | 29 Apr 13 |
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Major Investment Bank is looking for a dynamic VP of Financial Institutions Credit Risk
| Credit Analyst / Forecasting | Robert Walters Associates Inc 70000-125000 base | New York City, NY | 29 Apr 13 |
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A major international financial institution is seeking a talented Credit Analyst.
| VP Quantitative Credit | Robert Walters Associates Inc 175000-230000 | New York City, NY | 29 Apr 13 |
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Major Financial Institution is seeking a VP of Quantitative Credit .
| AVP-Credit Risk | Michael Page International - US 90-110K + Bonus | New York City, NY | 26 Apr 13 |
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The Regulated Fund Credit Risk Analyst will have the responsibility of managing a portfolio of Regulated Fund ...
| Securities Monitoring Director | Fitch Not Specified | New York City, NY | 24 Apr 13 |
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Fitch Dual-headquartered in New York and London, Fitch Ratings is a global rating agency dedicated to ...
| Credit Analyst | Not Disclosed depending on experience | New York City, NY | 23 Apr 13 |
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Our client is a multi strategy hedge fund seeking a bilingual Credit Analyst for their deal analysis team. T...
| Fixed Income Research Associate | The Bachrach Group, Ltd Commensurate with exprience | New York City, NY | 23 Apr 13 |
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Sell-side investment bank seeks an Associate to support rapidly expanding HY and IG single name coverage.