Credit Risk Reporting & Quality Assurance Analyst

Job description

Company Description

Natixis is a French multinational financial services firm specialized in asset & wealth management, corporate & investment banking, insurance and payments. A subsidiary of Groupe BPCE, the second-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse d'Epargne, Natixis counts nearly 16,000 employees across 38 countries. Its clients include corporations, financial institutions, sovereign and supranational organizations, as well as the customers of Groupe BPCE's networks. Listed on the Paris stock exchange, Natixis has a solid financial base with a CET1 capital under Basel 3 (1) of €11.1 billion, a Basel 3 CET1 Ratio (1) of 10.6% and quality long-term ratings (Standard & Poor's: A+ / Moody's: A1 / Fitch Ratings: A+).
(1) Based on CRR-CRD4 rules as reported on June 26, 2013, including the Danish compromise - without phase-in.

Figures as at 31 March 2019

Job Description

The Risk Reporting & Quality Assurance Analyst function within the Risk Reporting, Credit Surveillance & Stress Testing (“RRCS”) is responsible for monitor credit risk arising subsequent to transaction/counterparty approval and to provide portfolio and transaction-specific credit risk reporting for Natixis Americas. RRCS monitors credit risks from inception-to-maturity, ensures compliance with credit guidelines and covenants, responds to exceptions, advises management on credit deterioration and synthesizes risks across business activities.

The team is collectively responsible in following areas:

·  Data Quality Assurance by following transaction from inception-to-maturity
·  Assurance compliance with Credit Policies
·  Involvement in New Product Approval Framework
·  Maintain and Record of Risk Identifiers
·  Risk Controls and Issue Management
·  Integration of Stress Testing results into Risk Appetite Framework
·  Managing Cross-Risk Initiatives

The Risk Reporting and Credit Surveillance team works closely with other functions of the Credit Risk and FO teams to ensure execution of a consistent and robust control environment within Risk. This includes developing a consistent assessment data capture and processes interaction with Internal Audit and delivering a robust and timely Data Quality and Risk Management framework for the organization.

The Risk Reporting & Quality Assurance Analyst will be managing following processes:

·  Monitor and Report breaches (limit, tenor and Settlement) on Capital Markets activities.
·  Communicate effectively with Sales teams, Banking teams, other Risk units, Legal department, etc.
·  Liaise with the HO Risk department.
·  Liaise with Stress Testing team to ensure Stress Testing results integration into Risk Appetite Framework
·  Gather, compile, and perform analysis of a large amount risk data with the goal of identifying trends and anomalies that might be indicative of credit problems.
·  Monitor and report on adherence with business-specific lending policies.
·  Produce, perform analysis on/for and continually enhance:
·  Monthly Risk Dashboard
·  Quarterly Reporting of Sensitive Counterparties
·  Assets Quality Monitoring
·  Interagency Guidance on Leveraged Lending report
·  Quarterly Watch List report.

Required Skills/Qualifications/Experience

·  Bachelor's degree in finance, economics or finance.
·  Optional but certainly an advantage: MBA or CFA.
·  Four years or more experience working in financial services.
·  Solid background in Regulatory Reporting, Data Quality & Assurance, and risk management.
·  Ability to handle financial reporting at both a detailed and aggregate level.
·  Effective writing and communication skills.
·  Understanding credit implications of legal agreements and ability to read such agreements.
·  Ability to conduct the independent pursuit of risk analysis, including compiling requisite inputs, while coordinating with colleagues and other departments.
Date de publication:06/06/2019