CREDIT RISK MANAGER jobs in Paramus, NJ

CREDIT RISK MANAGER develops and implements policies and procedures that reduce credit risk for a financial institution. Manages the building of financial models that predict credit risk exposure to the organization. Being a CREDIT RISK MANAGER oversees the preparation of performance reports for management. May require a master's degree. Additionally, CREDIT RISK MANAGER typically reports to a head of a unit/department. The CREDIT RISK MANAGER manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a CREDIT RISK MANAGER typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)

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Credit Underwriter NBFI (Counterparty Credit Risk)
  • I13 WFB NA London Branch
  • CITY OF LONDON, NY FULL_TIME
  • About this role: Join our dynamic EMEA Independent Risk Management group and contribute to the success of a rapidly growing global bank with an award-winning culture. As a Senior Market Risk Specialist in our EMEA Wholesale Counterparty Credit Risk team, you'll play a pivotal role in underwriting and managing the risk of a diverse portfolio of non-bank financial institutions engaged in capital markets trading with Wells Fargo affiliates. In the heart of Wholesale Counterparty Credit Risk (WCCR), a key unit within Independent Risk Management, your focus will be on assessing credit for institutional clients in EMEA, including insurance companies, hedge funds, private equity sponsors, broker/dealers, pension funds, and asset managers. Collaborate with various business lines to drive our product growth strategy and be part of a team dedicated to maintaining robust risk governance and ensuring compliance with established programs and policies. Elevate your career with us – join a bank that's not only growing but also recognized for its exceptional workplace culture. In this role, you will: Evaluate counterparty credit risk based on an understanding of the clients’ risk profiles encompassing quantitative and qualitative measures of credit worthiness. Client types comprise Non-Bank Financial Institutions, such as insurance companies, hedge funds, private equity sponsors, broker/dealers, pension funds, and asset managers. Prepare and submit credit requests, including relevant trading limits, to support counterparty trading relationships in EMEA. Preparing written counterparty annual reviews/transactional credit proposals. Spearhead independent portfolio and client due diligence meetings. Negotiate and provide guidance in the negotiation of ISDA/CSAs, GMRAs/MRAs, MSFTA and other legal documentation. Monitor, identify and escalate limit overages, documentation trigger breaches, margin disputes and missed calls Escalate any counterparties/issues of concern as necessary. Required Qualifications: Experience in Capital Markets, trading or interest rate risk, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Prior experience in credit underwriting/analysis with a focus on NBFIs. Experience in dealing with traded products including derivatives, financing trades and structures. Experience negotiating legal documentation (ISDAs/CSAs, MSFTAs, GMRAs/ MRAs). Strong Microsoft Office skills – Excel/PowerPoint/Word. Ability to partner with a wide range of colleagues including sales, trading, legal, operations. Strong analytical and process skills. Excellent communication skills – the ability to write, organize, and present information in a clear and understandable format to a wide range of audiences. Ability to multi-task and work on a variety of time-sensitive tasks / meet deadlines. University Degree in a relevant subject Desired Qualifications: Prior capital markets risk experience in a global financial institution. An industry body qualification such as CFA, FRM, CAIA. Posting End Date: 7 Apr 2024 *Job posting may come down early due to volume of applicants. We Value Diversity At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law. Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements. Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic. Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process. Applicants with Disabilities To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo. Drug and Alcohol Policy Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more. Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 47 on Fortune’s 2023 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories. Additional information may be found at www.wellsfargo.com LinkedIn: https://www.linkedin.com/company/wellsfargo For questions on how to search and apply, visit our frequently asked questions.
  • 22 Days Ago

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Credit Manager
  • Clark Davis Associates
  • Saddle River, NJ FULL_TIME
  • Company DescriptionFortune 500 Manufacturing CompanyJob DescriptionPosition Summary: The Credit Manager sets and maintains credit limits on all companies that business is done with ,update and maintai...
  • 1 Month Ago

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Counterparty Credit Risk Officer - NBFI/Hedge Funds
  • I13 WFB NA London Branch
  • CITY OF LONDON, NY FULL_TIME
  • About this role: Join our global and dynamic team at Wells Fargo, where we are currently seeking a driven Counterparty Risk Officer to oversee Non-Bank Financial Institutions (NBFI) within the EMEA re...
  • 8 Days Ago

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Senior Lead Credit Risk & Approval Officer
  • I39 Singapore Branch
  • CENTRAL SINGAPORE, NY FULL_TIME
  • About this role: Wells Fargo is seeking a Senior Lead Credit Risk & Approval Officer to join our team in Singapore. The Senior Lead Credit Risk & Approval Officer position will be aligned to the FIG B...
  • 15 Days Ago

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Counterparty Credit Risk, SAVP - Senior Market Risk Specialist
  • I39 Singapore Branch
  • CENTRAL SINGAPORE, NY FULL_TIME
  • About this role: APAC Independent Risk Management group is responsible for the risk governance, leadership, and oversight of all activities in the region, ensuring compliance with established risk pro...
  • 1 Month Ago

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Risk Manager
  • The Penguin Group
  • Monsey, NY FULL_TIME
  • A growing insurance carrier is looking for risk managers in the NY, NY and PA area. Responsibilities would include traveling to clients and assessing their working area and conditions, safety protocol...
  • 8 Days Ago

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0 CREDIT RISK MANAGER jobs found in Paramus, NJ area

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Marketing Manager Credit & Risk Solutions
  • S&P Global, Inc.
  • New York, NY
  • About the Role: Grade Level (for internal use): 10The Team: You will join a creative and enthusiastic global Strategic M...
  • 4/26/2024 12:00:00 AM

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Credit Risk Strategist, Small Business Risk
  • Stripe
  • New York, NY
  • Who we are About Stripe Stripe is a financial infrastructure platform for businesses. Millions of companies - from the w...
  • 4/26/2024 12:00:00 AM

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Commodity Finance AVP/VP
  • Bank Of China Usa
  • New York, NY
  • Job Description This incumbent will be responsible for conducting credit risk evaluations and making recommendations in ...
  • 4/26/2024 12:00:00 AM

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Credit Risk Associate
  • Coda Searchstaffing
  • New York, NY
  • A global investment firm is seeking a highly motivated and detail-oriented Credit Risk Associate to join their team. Thi...
  • 4/25/2024 12:00:00 AM

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Audit Project Manager - Credit Risk Portfolio Reviews
  • U.S. Bank
  • New York, NY
  • At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarte...
  • 4/24/2024 12:00:00 AM

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Senior Program Manager
  • Collabera
  • New York, NY
  • Description Home Search Jobs Job Description Senior Program Manager Contract: New York, New York, US Salary: $120.00 Per...
  • 4/24/2024 12:00:00 AM

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ICM - Credit Officer, Real Money Funds Underwriting, SVP (C14)
  • Citigroup, Inc.
  • New York, NY
  • Job Purpose: Individual will work as part of Counterparty Exposure (CPE) team under the global Institutional Credit Mana...
  • 4/24/2024 12:00:00 AM

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Enterprise Risk Manager
  • Rose International
  • New York, NY
  • Date Posted: 04/19/2024 Hiring Organization: Rose International Position Number: 462631 Job Title: Enterprise Risk Manag...
  • 4/22/2024 12:00:00 AM

Paramus (/pəˈræməs/ pə-RAM-əs) is a borough in Bergen County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 26,342.. A suburb of New York City, Paramus is located 15 to 20 miles (24 to 32 km) northwest of Midtown Manhattan and approximately 8 miles (13 km) west of Upper Manhattan. The Wall Street Journal characterized Paramus as "quintessentially suburban".[21] Paramus was incorporated as a borough by an act of the New Jersey Legislature on March 2, 1922, and ratified by a referendum held on April 4, 1922, that passed by a vote of 238 to 10.[22][2...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for CREDIT RISK MANAGER jobs
$134,967 to $198,827
Paramus, New Jersey area prices
were up 1.5% from a year ago

CREDIT RISK MANAGER in Portland, OR
In the past, managing the credit portfolio was considered good credit risk management.
February 14, 2020
CREDIT RISK MANAGER in Youngstown, OH
They wanted to know that a bank has thorough knowledge of customers and their associated credit risk.
February 09, 2020
CREDIT RISK MANAGER in La Crosse, WI
This position determines the risk of default to the lender, not with a simple yes or no but with an analysis that may lead to a more detailed report.
January 02, 2020