Counter Party Credit Underwriter

New York, New York

Ascendo Resources
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About the Company:

Our client seeks a Vice President - Credit Underwriting with expertise in managing credit risk for a growing counterparty portfolio across traded products like repo, securities lending, derivatives, and MBS forwards.


About the Role:

This role requires experience in counterparty credit analysis for banks, broker-dealers, clearinghouses, insurance companies, REITs, mortgage originators/servicers, and specialty finance firms. Key responsibilities include conducting due diligence, holding client meetings, collaborating with internal teams, and managing counterparty legal documentation. The focus is on Americas-based counterparties (US, Canada, Latin America, Cayman Islands, Bermuda). Analysts will also support credit-related projects and manage RCSA and control testing for Credit Risk Management.


Qualifications & Responsibilities:

  • 4+ years of experience in credit analysis, including writing reviews for Mortgage Originators, REITs, servicers, banks, and broker-dealers.
  • Proficient in Microsoft Excel (V-Lookups, Pivot Tables); PowerPoint skills are a plus.
  • Knowledge of repos, securities lending, and derivatives products.
  • Strong communication skills to collaborate with colleagues and interact with Sales/Trading teams and clients.
  • Interest in expanding credit analysis skills and participating in risk-related projects.
  • Bachelor's degree required.

Required Skills:

  • Proficiency in Excel (V-Lookups, Pivot Tables)
  • Knowledge of repos, securities lending, and derivatives
  • Strong communication and collaboration skills

Preferred Skills:

  • PowerPoint proficiency
  • Interest in advanced credit analysis and participating in international risk initiatives

Date Posted: 02 May 2025
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