TitleSenior Corporate Credit Analyst (Banks/Financials)
Occupational CategoryOther Professional Careers
Bargaining UnitM/C - Management / Confidential (Unrepresented)
Salary RangeFrom $200000 to $225000 Annually
Jurisdictional Class Exempt Class
Compressed workweek allowed? No
Minimum Qualifications Basic Qualifications:
Bachelor’s degree with strong academic qualifications; an MBA or CFA designation is preferred. Candidate should have a minimum of 5 years of experience in corporate-credit analysis, preferably covering banks and other financial institutions, and preferably at a “buy-side” institution. Superior organizational skills with attention to detail. Strong ability for effective time management and meet deadlines. Strong computer proficiency (MS Office) and adeptness to learning new software. Excellent verbal and written communication skills.
• Strong communication and financial modeling skills
• Motivated self-starter
• High-energy individual that strives to continuously learn
• Familiarity with Bloomberg API Working knowledge of investment principles, products, and markets or demonstrates an enthusiasm to learn.
• Desire to work in a highly collaborative environment with various stakeholders.
• Dedication to public protection and a broad, well-developed array of administrative skills, with background in governmental administration and policies.
Duties Description Specific duties may include, but are not limited to:
• Evaluate and monitor creditworthiness of corporate credits within assigned sectors
• Keep abreast of industry and market developments that could affect the credit portfolio
• Produce written reports on individual credits
• Conduct periodic reviews of assigned sectors, including the identification of industrywide strengths, weaknesses, opportunities and threats, and likely implications for specific credit positions
• Communicate with other buy-side, sell-side and rating agency analysts to enhance perspective
• Review bond indentures, covenants and other terms related to bond offerings and corporate actions
• Prepare financial models of material credit exposures, including “what-if” scenarios, to critically assess creditworthiness and proactively minimize potential credit losses
• Respond in a timely manner to requests from NYSIF colleagues for credit opinions and market perspective
• Assist the broader team on key initiatives, special projects, and other credit matters
• Collaborate with NYSIF colleagues to improve risk identification and monitoring tools
• Coordinate with NYSIF colleagues in investment operations, accounting, and other enabling functions on portfolio positions, as needed
• Communicate with the PM, traders and other NYSIF colleagues on credit matters that affect the portfolio.
• Other related duties and responsibilities as necessary and assigned.
Additional Comments Fringe Benefits:
• Competitive Compensation
• Future Career Growth Potential
• Open and Supportive Team-Based Environment
• Vacation, Personal, and Sick Leave Accruals
• Paid State and Federal Holidays
• Full Medical, Vision, and Dental
• Retirement Options
• Possibility of Telecommuting, Flextime, and Alternative Work Schedules
Some positions may require additional credentials or a background check to verify your identity.