Hudson Data
Hudson Data is hiring: Finance Business Analyst - Level III in New York
Hudson Data, New York, NY, United States
Job Title: Finance Business Analyst - Level III (Banking Domain)
Location: NYC, NY (Web Cam Interview)
Duration: Long Term (W2)
H1 Transfer/ GC/ Citizen
Job Description:
Business Overview:
Corporate Credit Management ("CCM") is a transversal team in support of the approximately 800 Corporate Clients of the North American platform. The CCM team works to ensure coverage, monitoring & execution of all counterparty risk requests for the Corporate platform. Three functional pillars exist in the team including:
Responsible for the credit management of assigned corporate client relationships. Specifically:
Location: NYC, NY (Web Cam Interview)
Duration: Long Term (W2)
H1 Transfer/ GC/ Citizen
Job Description:
Business Overview:
Corporate Credit Management ("CCM") is a transversal team in support of the approximately 800 Corporate Clients of the North American platform. The CCM team works to ensure coverage, monitoring & execution of all counterparty risk requests for the Corporate platform. Three functional pillars exist in the team including:
- Corporate Credit Team - consists of the Credit Analyst & Account Management organizations which provide sector/transaction specialized risk monitoring for the Corporate platform
- Transaction Management - Front Office liaison team for all functional teams. In addition, provides support on complex transaction and project management
- Corporate Credit Coordination - coordinates credit process/methodology topics throughout the CCM team and the Corporate platform
Responsible for the credit management of assigned corporate client relationships. Specifically:
- Manage and monitor the credit quality of a portfolio of assigned corporate clients including periodic review of borrower financial statements, covenant compliance reports, press releases and news articles, rating agency and equity analyst reports, industry trends, etc.
- Evaluate clients/transactions for risk-related changes
- Clients consists of US subsidiaries (i.e. "Contributors") of foreign companies (i.e. "Pilots")
- Perform credit analysis and prepare credit memoranda for assigned accounts including new transactions, annual reviews, renewals, amendments, waiver requests and financial updates
- Strong interaction with the Risk department, Coverage and Product teams including coordinating the credit process amongst the various Product and Risk Teams to ensure an efficient turnaround of transactions
- Maintain reporting related to the portfolio including pipeline tracking, exposure tracking, and other general reports
- Interact with internal and external auditors during loan examinations
- Interact with other bank branches to coordinate on client strategy
- Attend bank meetings and/or client calls with the Relationship Manager
- Degree in Finance or Accounting
- Solid knowledge of financial statement analysis and robust fundamental corporate credit analysis skillset
- Good knowledge of general banking products and banking practices including a strong understanding of loan structure, terms and credit agreements
- Projection/forecasting modeling skills
- Strong business writing skills
- Proficiency in Word and Excel
- C. 2 to 5 years of prior experience in corporate banking (preferably in corporate credit management) and/or at rating agencies
- Master in Finance
- CFA (or CFA candidacy)
- Completion of formal credit training courses