Financial Institutions Credit Associate

  • Commensurate
  • New York, NY, USA
  • Permanent, Full time
  • Non-disclosed
  • 20 Sep 17

Job Description The incumbent will be responsible for carrying out the objectives of the Credit Risk Policy as published by the other risk management department. S/he will also determine credit limits, risk categories, and next review dates on entities by leveraging the credit assessment methodology.

Job Duties

Include but are not limited to:


  • Credit Recommendation Report Review
    • Analysis of credit and financial profile within company guidelines to determine willingness, ability and capacity to establish new credit limit to new Financial Institutions customers/counterparties or renew or extend existing credit limits.
    • Performs annual file reviews
    • Manages CRR and Credit usage tracker.


  • Compliance Due Diligence and Ongoing Screening
    • Conduct proper AML due diligence on CRR entities to comply with FID’s procedures. 
    • Conduct sanctions/PEP/AML screening against relevant Sanctions list(s) via Bridger, and document relevant findings.
    • Collection relevant documents to ensure complete documentation



  • Other
    • Conduct ad-hoc task
    • Manages multiple projects and analyses and ensures deadlines are met.  Participates in cross-functional projects that involve working with business line peers and/or other corporate supporting groups. 



Job requirements

  • Bachelor’s degree or above in Finance, Economics, Business Administration or other related fields of study
  • 0-2 years of working experience related to researching, interpreting, and analyzing financial statement as well as preparing financial position and credit reports in banking industry
  • Strong verbal and written communication skills, multitasking skills, organizational skill and analytical skills