ZipRecruiter

Log In

1

Associate Credit Risk Analyst Jobs in New York (NOW HIRING)

Socket.dev

Credit Risk Analyst

Manhattan, NY · On-site

SUMMARY The Credit Risk Analyst supports the objectives of the Credit Management Division by ... The associate is frequently required to stand; walk; sit; and use hands and fingers to handle or ...

New

Gauntlet

Credit Risk Analyst

Manhattan, NY · On-site

... credit analysis into clear, actionable recommendations for non-credit stakeholders. * Experience building or maintaining quantitative risk models in Python or R. Bonus points * On-chain credit ...

Bounce AI

Credit Portfolio Risk Analyst

Manhattan, NY · On-site

All open positions Careers at Bounce Portfolio Surveillance Credit Portfolio Risk Analyst Operations · New York City · Full-time · Hybrid Description The Credit Portfolio Risk Analyst will be one ...

Ramp

Credit Risk Associate

Manhattan, NY · On-site

$160K - $200K/yr

Credit Risk Strategy owns these tradeoffs end to end. In this role, you will own or help build ... Use AI tools every day to move faster on research, analysis, coding, synthesis, writing ...

Ramp

Credit Risk Associate

New York, NY · On-site

$108K - $200K/yr

Credit Risk Strategy owns these tradeoffs end to end. In this role, you will own or help build ... Use AI tools every day to move faster on research, analysis, coding, synthesis, writing ...

next page

Showing results 1-20

All JobsAssociate Credit Risk Analyst JobsAssociate Credit Risk Analyst Jobs in New York

Associate Credit Risk Analyst information

What does an associate credit risk analyst do?

An Associate Credit Risk Analyst is responsible for assessing the creditworthiness of individuals or organizations applying for loans or credit. They analyze financial data, review credit scores, and evaluate economic trends to determine the likelihood of repayment. These analysts help organizations minimize losses by identifying potential risks and recommending appropriate credit limits or terms. They often work closely with senior analysts and other departments to ensure sound lending decisions and compliance with regulations.

What are the key skills and qualifications needed to thrive as an associate credit risk analyst, and why are they important?

To thrive as an Associate Credit Risk Analyst, you need strong analytical abilities, a solid understanding of financial statements, and typically a bachelor's degree in finance, economics, or a related field. Knowledge of risk assessment tools, Excel, data analytics software, and familiarity with credit risk modeling systems are commonly required. Attention to detail, effective communication, and problem-solving skills help you interpret data and present findings clearly. These competencies are crucial for accurately evaluating credit risk, supporting sound lending decisions, and minimizing financial losses for the organization.

What are some typical challenges faced by associate credit risk analysts when assessing new clients or counterparties?

Associate Credit Risk Analysts often encounter challenges such as incomplete financial information, rapidly changing market conditions, and evaluating the creditworthiness of clients with limited credit history. Navigating these issues requires strong analytical skills, attention to detail, and effective communication with internal teams to gather missing data. Additionally, analysts must stay updated on industry trends and regulatory requirements to ensure assessments are thorough and compliant.

What is the difference between Associate Credit Risk Analyst vs Credit Analyst?

AspectAssociate Credit Risk AnalystCredit Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; some certifications preferredBachelor's degree in finance, accounting, or related field; certifications like CFA are a plus
Work EnvironmentFinancial institutions, banks, or credit agencies; team-based settingBanking, lending institutions, or credit departments; analytical and client-focused
Employer & Industry UsageCommonly used in banking and credit risk departmentsWidely used across banking, lending, and financial services

The main difference between an Associate Credit Risk Analyst and a Credit Analyst lies in their focus areas. The Associate Credit Risk Analyst primarily assesses credit risk and supports risk management strategies, while the Credit Analyst evaluates creditworthiness of individual or corporate clients for lending decisions. Both roles require similar educational backgrounds and are found in similar environments, but their specific responsibilities differ slightly based on risk assessment versus client credit evaluation.

What are the most commonly searched types of Credit Risk Analyst jobs in New York?

The most popular types of Credit Risk Analyst jobs in New York are:

What cities in New York are hiring for Associate Credit Risk Analyst jobs?

Cities in New York with the most Associate Credit Risk Analyst job openings:

Credit Risk Analyst/Associate

Manhattan, NY • On-site

Nomura International
See more jobs at Nomura Internationalexternal

$85K - $120K/yr

Full-time

Medical, Retirement, PTO

Re-posted 28 days ago

Job description

Job title: Credit Risk Infrastructure
Corporate Title: Analyst / Associate
Department: Credit Risk
Location: New York
The pay range for this position at commencement of employment is expected to be between $85,000 and $120,000 per year.
* (see below footnote for additional compensation and benefits information).
Company overview
Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.
Aon's Benefit Index®, Nomura's benefits rank #1 amongst our competitors
Department Overview:
Credit Risk Management (CRM) operates as a credit risk control function within the Risk Management Division, reporting to the CRO. The process for managing credit risk at Nomura includes:
  • Evaluation of likelihood that a counterparty defaults on its payments and obligations;
  • Assignment of internal ratings to all active counterparties;
  • Approval of extensions of credit and establishment of credit limits;
  • Measurement, monitoring and management of Nomura's current and potential future credit exposures;
  • Setting credit terms in legal documentation, including margin terms; and
  • Use of appropriate credit risk mitigants, including netting, collateral and hedging.

Role Description:
Based in New York supporting the Regional Head of Credit Risk Infrastructure and Reporting. The candidate will need to be an excellent communicator, risk aware, technically adept and a self-starter. The candidate will be supporting the following activities:
  • Technical Implementation
    • Leverage SQL for data extraction and analysis
    • Design automated workflows
    • Design and maintain target operating models
  • Process Improvement and Automation:
    • Collaborate with IT and other functions to streamline and automate credit risk processes
    • Develop new tools for internal credit risk requirements and regulatory compliance
  • Data Analysis and Risk Management:
    • Assist in monitoring areas of risk and credit risk metrics
    • Support CRM in Managing limits and excesses or products, counterparties, and countries
  • Control and Governance
    • Conduct regular checks, issue tracking and remediation monitoring in line with credit risk policies.
    • Perform governance control on processes performed by credit risk analyst.
  • Reporting and Presentations:
    • Prepare and present senior management decks on credit risk metrics and ad-hoc analysis
    • Create and deliver regulatory reports for JFSA, PRA, FINRA, and SEC
    • Prepare and deliver reports for regulatory processes and multi-divisional forums
  • Internal Audit and Reconciliation:
    • Implement adjustments and adhere to defined governance standards
    • Perform reconciliations and resolve audit findings
    • Escalate discrepancies to senior management in a timely manner

Skills, experience, qualifications and knowledge required:
Seeking a proactive, hard-working and dynamic individual with:
  • Technical Expertise:
    • Microsoft Office
    • SQL
    • Decisions
    • Power BI
    • Machine Learning
  • Domain:
    • Risk Management experience in a Financial Institution
    • Undergraduate degree
    • Knowledge of Credit Risk fundamentals
    • Knowledge of Credit Risk exposure metrics
    • Good understanding of financial products / instruments
    • Understanding of economic & regulatory capital
    • Well-versed on the US regulatory rules impacting credit risk
    • Self-motivated, logical thinking, good interpersonal skills and demonstrate ability to form successful working relationships
    • Delivery focused with the ability to work well under pressure and meet deadlines under compressed timescale
    • Organizational skills, multitasking and detail oriented
    • Strong communication abilities to work with stakeholders
    • Problem-solving and analytical thinking
    • Project management capabilities

Nomura Competencies
Explore Insights & Vision
  • Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.

Making Strategic Decisions
  • Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.

Inspire Entrepreneurship in People
  • Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.

Elevate Organizational Capability
  • Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.

Inclusion
  • Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, discretionary awards and eligibility for commissions for applicable sales roles in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired in the U.S., employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors".
Nomura is an Equal Opportunity Employer

Apply