United States Job Openings

Crédit Agricole CIB

Risk Monitoring & Reporting Associate

New York

FULL TIME

September 12, 2024

Job description
Business type
Types of Jobs - Finance / Accounting
Job title
Risk Monitoring & Reporting Associate
Contract type
Permanent Contract
Job summary
Summary
Serve as Risk Monitoring & Reporting Associate to the Head of Projects, Risk Monitoring & Reporting. The team is responsible for reporting for Securitization and the Capital Markets Funding division.
Key Responsibilities
  • Produce all internal and external reports for Securitization: investor and rating agency reports for the ABCP conduit as well as other reports covering large obligors (Rule 2a-7 ), revenue and expenses, liquidity indicators, and regulatory capital reports among others
  • Report to Management (daily/weekly) on new activity and deal status in the pipeline
  • Perform regulatory filings (ECB notifications, ESMA disclosures, and Secured filing COREP)
  • Coordinate the annual budget and expense process, compile deal data for annual projections, and update Client Live budget bricks
  • Respond to inquiries on the portfolio and prepare CMF presentations for Senior Management
  • Assist business on KYC matters, swing lines renewals, Compliance requests among others
  • Provide support for audits as needed.
Other Operational Responsibilities
  • Help the booking of new transactions or transaction renewals
  • Generate fee and settlement memos for ABS deals and other DCM issuances as needed
  • Assist with the submission of business pipeline memos
  • Review and reconcile monthly the RWA data for risk reporting and help to prepare the US Risk Committee presentation
  • Review and reconcile monthly revenues and costs, assist in forecasting landing
  • Responding to inquiries on the portfolio for special presentations to senior management, clients and investors, as needed.
  • Daily update of the FLASH database for the MAM report and monthly update of OMEGA
  • Various internal systems data points reconciliations
  • Updating procedures as necessary but at least on an annual basis
Management and Reporting
  • Report to the Head of Projects, Risk Monitoring & Reporting
Counterparties and clients
  • Securitization teams and senior management in the US
  • Interaction with relevant support functions as needed: RPC, FIN, GIT among others
  • External vendors, Audit firms whenever necessary
Systems Used
  • Microsoft Office (Word, Excel, Power Point, Access) and Proficiency in Python, VBA and SQL
  • Internal systems: SIS, CPU, KIWIS, Client Live, ATLAS, CLIX, DOT among others
  • External systems: ECB regulatory report website, Bloomberg, rating agency websites, and other specialized market data providers
Legal and Regulatory Responsibilities
  • Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the US. Compliance manual and Compliance policies and procedures as issued from time to time; Financial Security requirements, including, but not limited to, the prevention of Financial Crime and Fraud including reporting obligations to the Money Laundering Reporting Officer.
  • Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence

Supplementary Information
Salary: 115k-125k

Position location
Geographical area
America, United States Of America
City
NEW YORK
Candidate criteria
Minimal education level
Bachelor Degree / BSc Degree or equivalent
Academic qualification / Speciality
Essential
  • University Degree
Desired
  • Post graduate education
Level of minimal experience
0-2 years
Experience
Essential
  • 1 Year experience in financial services industry or banking
  • Familiarity with bank products and financial concepts and terms
Desired
  • 1 year securitization experience or 2 years audit experience
Required skills
Essential
  • Fluent in English
  • Communicate effectively
  • Proactive / “get-it-done” attitude
  • Acute sense of organization / autonomy / planning.

Desired
  • Fluent in French
Technical skills required
Essential
  • Microsoft Office, Bloomberg, CACIB internal IT systems, Rating agency websites sites
Desired
  • Proficiency in Python, VBA and SQL
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