Federal Home Loan Bank of San Francisco
Member Credit Analyst, Assoc. Dir.
Federal Home Loan Bank of San Francisco, San Francisco, California, United States, 94199
Job Description:
The Associate Director of Member Credit will be the primary rating and research analyst to underwrite and monitor credit facilities provided to a portfolio of depository financial institutions. Additional responsibilities include secondary support for life, health, and property and casualty insurance companies and other non-bank financial institutions such as community development financial institutions, and support for strategic credit initiatives to enhance underwriting practices and streamlining credit processes. The credit analyst will be conducting comprehensive credit underwriting and member due diligence processes to evaluate credit worthiness, risk profile and asset quality for the provision of credit lines to members-obligors (borrowers). The successful candidate will support a practice to increase engagement with member-obligors and implement an enhanced credit underwriting framework to mitigate risk and adhere to regulatory guidelines to establish safe and sound lending practices to achieve the Bank's missions.Major Accountabilities:Credit analysis and underwritingPerform ongoing member credit analysis, including full scope credit reviews, employing quantitative and qualitative analysis of an institution's business strategy, financial condition, and exposure to economic/market conditions in accordance with the Bank's review frequency policy.Perform ongoing surveillance and exposure monitoring to identify key factors that affect internal credit ratings and changes to credit exposure appetite by:
Effectively and persuasively communicating credit knowledge and rating analysis rationale in both written and oral form.Periodically accompanying relationship manager on member-client calls to expand due diligence discussions to further support credit analysis and rating recommendationPresenting credit memos, including credit rating and credit term recommendations for review and approval by the rating committeeDeveloping and maintaining an understanding of industry trends and issuesSupporting reporting to management committee and board of directors
Conduct periodic industry sector reviews and exposure analysis for an assigned portfolio of credits by assessing appropriate credit ratings and communicating updated credit viewsCredit Origination and MonitoringUnderwrite applications for new Bank membership in compliance with the Federal Housing Finance Agency's Membership Approval regulations and the Bank's policies and proceduresAnalyze the credit risk assumed by the Bank for assigned institutions by monitoring the financial condition of each institution and recommending changes in credit rating, exposure limits, and/or collateral status as appropriateMaintain familiarity with capital markets trends, accounting standards, regulations, and general industry and economic conditions to determine their effects on member financial condition and creditworthinessDetermine, administer and/or execute appropriate credit mitigation plans for large and/or troubled members on the Bank's watch-list and short-listsRespond to examinations and regulatory requirements, as needed with management guidanceWork closely with other business partners in the organization including but not limited to Relationship Managers, Member Services, Collateral Management, Enterprise Risk Management, Technology Solutions & Services and regulatory agenciesSkills / Knowledge:Minimum of seven years' experience analyzing, mitigating and managing credit risk in a regulated financial institution, regulatory agency or credit-rating agencyExperience with or understanding of assessing credit risk associated to bank and non-bank financial institutions, lending to Insurance companies, non-regulated mortgage lenders/investors, Community Development Institutions and mortgage Real Estate Investment Trusts (REITs)Knowledge of GAAP and statutory accounting standards and familiarity with the regulatory environment for insured depositories and insurance companiesAbility to prepare written financial analysis memorandums. Also have an ability to use data to aid decision making by possessing strong analytical and problem-solving skills to tell the story behind the numbers and analysisStrong skills in client interaction and possess outstanding verbal and written communication skillsSolid understanding of credit rating methodologies, statistical based models, and expert judgment score cardsWorking knowledge of various credit risk rating models such as Moody's KMV/RiskCalc, CreditEdge, Bank Insights, Bloomberg's DRSK, etc.Ability to solve complex analytical problems using quantitative and qualitative approaches with a unique blend of analytical, and technical skills strongly desiredHigh proficiency with Microsoft Excel and familiarity with SQL, Python or RWorking knowledge of Microsoft Office, S&P Capital IQ, and S&P Market IntelligenceBachelor's degree in business administration, Finance, Economics, or a related field, or an equivalent combination of education and experience from which comparable knowledge and skills may be acquiredCritical Competencies:The successful candidate will be a creative problem solver with an innovative mindset and possess a balance of strong credit risk analysis and business skills. Must have:Leadership knowledge and subject matter expertise in credit underwriting practices obtained through advanced education combined with experienceExperience with producing and reviewing senior level presentationsStrong communication skills, both written and verbalExcellent interpersonal skills to work in a team environment and to influence and interface with a broad range of stakeholders at all levels, both internal and externalProficiency in the Bank's desired competencies:
Collaborates:
Building partnerships and working collaboratively with others to meet shared objectives.Instills trust:
Gaining the confidence and trust of others through honesty, integrity, and authenticity.Communicates effectively:
Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.Values differences:
Recognizing the value that different perspectives and cultures bring to an organization.Customer focus : Building strong customer relationships and deliver customer-centric solutions.
SALARY RANGE: $150K - $170KThe Federal Home Loan Bank of San Francisco is an Equal Employment Opportunity employer and is committed to a diverse workforce. We value and actively seek to recruit, develop, and retain individuals with varied backgrounds and experiences reflecting the full diversity of the communities that we serve. It is the policy of the Bank to comply with all applicable laws concerning the employment of persons with disabilities.Salary ranges reflect the base salary that the Bank reasonably expects to pay for a given role and is not inclusive of annual incentive award opportunities, retirement benefits or the value of other health and welfare or other ancillary benefits. We consider many factors when determining base salaries such as individual background and experience, the competitive environment, education, particular skill set(s), and industry and institutional knowledge.The Bank is committed to offering all team members challenging and engaging work with market competitive pay, retirement, and benefit offerings. In support of this commitment, the Bank routinely engages in market competitive benchmarking surveys and analysis to ensure our team members continue to be paid fairly and competitively.
The Associate Director of Member Credit will be the primary rating and research analyst to underwrite and monitor credit facilities provided to a portfolio of depository financial institutions. Additional responsibilities include secondary support for life, health, and property and casualty insurance companies and other non-bank financial institutions such as community development financial institutions, and support for strategic credit initiatives to enhance underwriting practices and streamlining credit processes. The credit analyst will be conducting comprehensive credit underwriting and member due diligence processes to evaluate credit worthiness, risk profile and asset quality for the provision of credit lines to members-obligors (borrowers). The successful candidate will support a practice to increase engagement with member-obligors and implement an enhanced credit underwriting framework to mitigate risk and adhere to regulatory guidelines to establish safe and sound lending practices to achieve the Bank's missions.Major Accountabilities:Credit analysis and underwritingPerform ongoing member credit analysis, including full scope credit reviews, employing quantitative and qualitative analysis of an institution's business strategy, financial condition, and exposure to economic/market conditions in accordance with the Bank's review frequency policy.Perform ongoing surveillance and exposure monitoring to identify key factors that affect internal credit ratings and changes to credit exposure appetite by:
Effectively and persuasively communicating credit knowledge and rating analysis rationale in both written and oral form.Periodically accompanying relationship manager on member-client calls to expand due diligence discussions to further support credit analysis and rating recommendationPresenting credit memos, including credit rating and credit term recommendations for review and approval by the rating committeeDeveloping and maintaining an understanding of industry trends and issuesSupporting reporting to management committee and board of directors
Conduct periodic industry sector reviews and exposure analysis for an assigned portfolio of credits by assessing appropriate credit ratings and communicating updated credit viewsCredit Origination and MonitoringUnderwrite applications for new Bank membership in compliance with the Federal Housing Finance Agency's Membership Approval regulations and the Bank's policies and proceduresAnalyze the credit risk assumed by the Bank for assigned institutions by monitoring the financial condition of each institution and recommending changes in credit rating, exposure limits, and/or collateral status as appropriateMaintain familiarity with capital markets trends, accounting standards, regulations, and general industry and economic conditions to determine their effects on member financial condition and creditworthinessDetermine, administer and/or execute appropriate credit mitigation plans for large and/or troubled members on the Bank's watch-list and short-listsRespond to examinations and regulatory requirements, as needed with management guidanceWork closely with other business partners in the organization including but not limited to Relationship Managers, Member Services, Collateral Management, Enterprise Risk Management, Technology Solutions & Services and regulatory agenciesSkills / Knowledge:Minimum of seven years' experience analyzing, mitigating and managing credit risk in a regulated financial institution, regulatory agency or credit-rating agencyExperience with or understanding of assessing credit risk associated to bank and non-bank financial institutions, lending to Insurance companies, non-regulated mortgage lenders/investors, Community Development Institutions and mortgage Real Estate Investment Trusts (REITs)Knowledge of GAAP and statutory accounting standards and familiarity with the regulatory environment for insured depositories and insurance companiesAbility to prepare written financial analysis memorandums. Also have an ability to use data to aid decision making by possessing strong analytical and problem-solving skills to tell the story behind the numbers and analysisStrong skills in client interaction and possess outstanding verbal and written communication skillsSolid understanding of credit rating methodologies, statistical based models, and expert judgment score cardsWorking knowledge of various credit risk rating models such as Moody's KMV/RiskCalc, CreditEdge, Bank Insights, Bloomberg's DRSK, etc.Ability to solve complex analytical problems using quantitative and qualitative approaches with a unique blend of analytical, and technical skills strongly desiredHigh proficiency with Microsoft Excel and familiarity with SQL, Python or RWorking knowledge of Microsoft Office, S&P Capital IQ, and S&P Market IntelligenceBachelor's degree in business administration, Finance, Economics, or a related field, or an equivalent combination of education and experience from which comparable knowledge and skills may be acquiredCritical Competencies:The successful candidate will be a creative problem solver with an innovative mindset and possess a balance of strong credit risk analysis and business skills. Must have:Leadership knowledge and subject matter expertise in credit underwriting practices obtained through advanced education combined with experienceExperience with producing and reviewing senior level presentationsStrong communication skills, both written and verbalExcellent interpersonal skills to work in a team environment and to influence and interface with a broad range of stakeholders at all levels, both internal and externalProficiency in the Bank's desired competencies:
Collaborates:
Building partnerships and working collaboratively with others to meet shared objectives.Instills trust:
Gaining the confidence and trust of others through honesty, integrity, and authenticity.Communicates effectively:
Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.Values differences:
Recognizing the value that different perspectives and cultures bring to an organization.Customer focus : Building strong customer relationships and deliver customer-centric solutions.
SALARY RANGE: $150K - $170KThe Federal Home Loan Bank of San Francisco is an Equal Employment Opportunity employer and is committed to a diverse workforce. We value and actively seek to recruit, develop, and retain individuals with varied backgrounds and experiences reflecting the full diversity of the communities that we serve. It is the policy of the Bank to comply with all applicable laws concerning the employment of persons with disabilities.Salary ranges reflect the base salary that the Bank reasonably expects to pay for a given role and is not inclusive of annual incentive award opportunities, retirement benefits or the value of other health and welfare or other ancillary benefits. We consider many factors when determining base salaries such as individual background and experience, the competitive environment, education, particular skill set(s), and industry and institutional knowledge.The Bank is committed to offering all team members challenging and engaging work with market competitive pay, retirement, and benefit offerings. In support of this commitment, the Bank routinely engages in market competitive benchmarking surveys and analysis to ensure our team members continue to be paid fairly and competitively.