Senior Associate, Credit Project Management & Reporting

What You'll Do:

As a member of OCC’s Credit Risk Management team, you will help safeguard OCC from counterparties who exhibit elevated credit risks.  Associate Principals are responsible, identifying, developing, measuring, monitoring, reporting, and enhancing processes that monitor thresholds and trends of various risks and exposures introduced to OCC by clearing members, banks, and other critical counterparties. Senior Associates utilize a strong technical and analytical skillset to assist Credit Department with its projects and reporting. Maintain a general understanding of the risks present within the clearing industry and/or the participating financial entities, including broker-dealers, futures commission merchants, commercial banks, pension funds, and financial market utilities.  

Primary Duties and Responsibilities:

To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.

• Support CORE team with analysis of ongoing creditworthiness of counterparties and escalate issues requiring enhanced surveillance to department management and internal working groups so appropriate actions can be taken.

• Support CORE team with analytical solutions to assist with financial statement analysis, including identifying levels and trends in key metrics and ratios.

• Collaborate with IT and other internal teams to design and implement advanced scalable data analytics solutions to identify and analyze causal links and meaningful relationships (e.g., correlations, distributions, percentiles). Includes centralizing data from multiple sources to automated front end visual reporting/dashboards.

• Work closely with department management on projects, cross-department collaboration, and mentoring of colleagues. 

• Support CORE team with critical, time-sensitive, and/or complex counterparty inquiries requiring data collection or analysis.

• Support system, data, and risk methodology development, assist reviewing data and risk methodologies during annual reviews

• Develop, maintain, enhance, and adhere to written policies and procedures

• Participate in procedure-related control testing activities and identify opportunities for improving the control environment

Supervisory Responsibilities:

• None

Qualifications:

The requirements listed are representative of the knowledge, skill, and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions.

• Demonstrated analytical and problem-solving skills and the ability to work in a collaborative environment

• Familiarity with financial statements, brokerage statements, and accounting records

• General knowledge of the financial services industry, including the financial, market, liquidity and operational risks of broker-dealers, futures commission merchants, commercial banks, pension funds, and financial market utilities

• General understanding of securities markets, derivatives, and option trading strategies

• Track record of independently managing and successfully completing high visibility projects

• Excellent organization skills – must be detail oriented

• Strong verbal and written communication skills, with proven ability to work and converse with executive level management

• Strong Mathematical skills and financial acumen

• Comfortable working in a customer service-oriented environment and addressing questions from both OCC colleagues and OCC counterparties, engaging users to understand issues and identify root causes, escalating incidents to appropriate teams, collaborating with others to ensure timely resolution and user satisfaction.

• Ability to work well under pressure with multiple priorities and time-sensitive deadlines

Technical Skills:

• Intermediate-to Advanced in Microsoft Office, including Excel experience using lookups and pivot tables to perform data analysis, and comfortable developing PowerPoint presentations

• Intermediate- to-Advanced SQL, including the ability to write and edit queries to assist with mining and visualizing data from multiple sources.

• Experience using data visualization software (e.g., Tableau, Power BI)

• Familiarity with data stack applications such as Snowflake and code versioning in Github

• Coding experience with (e.g., Python, R, VBA macros) required

• Intermediate-to-Advanced quantitative, analytical, problem solving skills, including the ability to accumulate, organize, and assimilate large amounts of in