Credit Risk Officer jobs in Saint Petersburg, FL

Credit Risk Officer provides analysis and evaluation in order to reduce credit risk for a financial institution. Extracts data from a variety of sources and uses data to build simple to moderately complex financial models that predict risk exposure. Being a Credit Risk Officer prepares performance reports for management. Requires a bachelor's degree. Additionally, Credit Risk Officer typically reports to a supervisor or manager. The Credit Risk Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Credit Risk Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Director, Counterparty Credit Risk Management
  • Raymond James Financial, Inc.
  • Saint Petersburg, FL FULL_TIME
  • Director, Counterparty Credit Risk Management-2400123

    Description
    Job Summary:

    The Director of Counterparty Credit Risk (CCR) is responsible for managing a team a credit risk analyst and implementing counterparty risk management disciplines across Raymond James. CCR’s is instrumental in establishing the firm’s risk appetite and monitoring the exposure of a portfolio of financial institutions and non-banks counterparties in securities trading, securities financing, and derivatives transactions.

    The successful candidate will be responsible for the management and monitoring of counterparty credit risk including establishing and implementing policy documents, developing risk methodologies, producing and reviewing risk reports, management presentations and data and risk monitoring. Candidates will use their experience and expert judgement to approve clients, trade limit exceptions and escalate risk and exposure appropriately.

    Additionally, this role will be responsible for collaboration across multiple business units to ensure counterparty, credit, market and liquidity risk are appropriately managed.

    This position reports to the Head of Counterparty Credit Risk.


    Essential Duties and Responsibilities:

    • Manage a team of analyst responsible to perform financial risk assessments on a diversified portfolio of counterparties including broker-dealer, banks, asset managers, insurance companies, hedge funds, family offices, mortgage brokers and government entities. The team takes a quantitative and qualitative approach utilizing data provided by the clients and/or sourced from third party vendors and the internet to assign a risk rating and set trading and exposure limits. Responsibilities also include approving new clients and streetside counterparties and approving trades and limit exceptions.
    • Drive the development and enhancement of the counterparty credit risk analyst function. Train, develop and manage the risk analyst. Continuously review and enhance credit risk methodology, counterparty risk system, risk reports and key risk indicators. Work with business partners on the development and implementation risk monitoring methodologies of new and existing products and business lines.
    • Assist in the review, development, and implantation of Counterparty Credit Risk policies and framework to ensure they align with the organization’s risk appetite, regulatory requirements, and industry best practices.
    • Anticipate new and emerging risk, assess impact on our businesses and work with other risk teams and business partners to implement appropriate controls and mitigants.
    • Prepare and review daily credit limit and exposure, market risk and stress test reports using sophisticated proprietary and third-party systems.
    • Ensure data integrity supporting credit, legal and trading documents, risk ratings and trading limits are captured appropriately in credit risk systems.
    • Identify opportunities to streamline, automate and enhance our risk governance, practices, processes, and controls.
    • Maintains strong relationships with senior leaders, including executive management, and supported business units.
    • Provide comprehensive and efficient solutions for complex risk measurement and reporting needs through ongoing monitoring of counterparties financial position and annual review process to ensure continued creditworthiness.
    • Analyze business processes, procedures, and information requirements to resolve problems and improve workflow and process efficiency.
    • Performs other duties and responsibilities as assigned.

    Qualifications
    Knowledge, Skills, and Abilities:

    Knowledge of:

    • Fundamental concepts, practices, and procedures of accounting, financial principles and credit analysis.
    • Risk calculations using approved models such as Value at Risk (VaR), potential future exposures (PFE), and stress testing.
    • Principles of banking, finance, and securities operations.
    • Financial markets and products.
    • Federal and State securities laws and regulations.

    Skill in:

    • Ability to work autonomously and drive results.
    • Researching, interpreting, and analyzing financial statements.
    • Financial analysis skills on public and private companies required.
    • Analyzing business processes, procedures, and information requirements.
    • Strong communication, organizational and time management are critical for this role.
    • Ability to perform data analysis and translate into presentations for business units and executive management.
    • Ability to connect the pieces in siloed structures and foster productive relationships across the lines of business in a large matrixed organization.
    • Maintaining documentation files.
    • Ensuring compliance with organizational policies and applicable State, Federal regulations.
    • Proficiency in Bloomberg, Microsoft Excel, PowerPoint and SQL scrips
    • Operating standard office equipment and using required software applications.

    Ability to:

    • Manage multiple tasks with changing priorities to meet deadlines in a fast-paced environment with frequent interruptions.
    • Remain adaptable and resilient while working in sometimes high-stress environment.
    • Work independently as well as collaboratively within a team environment to accomplish objectives, share information, support colleagues, and encourage participation.
    • Attention to detail and ability to interpret and comply with established policies, procedures, and regulations.
    • Stay abreast of industry best practices, procedures, techniques, and regulations.
    • Develop strong working relationships at all levels of the organization as well as with business partners and external and internal clients.
    • Partner with other functional areas to accomplish objectives.
    • Manage and develop direct reports including managers and staff.
    • Plan, assign, monitor, review, evaluate and lead the work of others.
    • Identify training needs and develop subordinates.
    • Comply with established standards and procedures.
    • Lead others in providing a high level of customer service.

    Educational/Previous Experience Requirements:

    • Bachelor’s Degree in accounting or finance. MBA/CFA/FRM is preferred. Minimum of eight (8) years of relevant analysis experience in a financial services environment, including at least four (4) years of people management experience.
    ~or~
    • Any equivalent combination of experience, education, and/or training approved by Human Resources.

    Raymond James Guiding Behaviors
    At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.

    We expect our associates at all levels to:
    • Grow professionally and inspire others to do the same
    • Work with and through others to achieve desired outcomes
    • Make prompt, pragmatic choices and act with the client in mind
    • Take ownership and hold themselves and others accountable for delivering results that matter
    • Contribute to the continuous evolution of the firm
    At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
    Job Risk
    Primary Location US-FL-St. Petersburg-Saint Petersburg
    Organization RJF Risk Management
    Schedule Full-time
    Shift Day Job
    Travel Yes, 10 % of the Time

    Eligible for Discretionary Bonus Yes
    #LI-TG1
  • 14 Days Ago

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Teller - Full time - Credit Union
  • Floridacentral Credit Union
  • Petersburg, FL FULL_TIME
  • St. Petersburg - Teller To assist members with their financial transactions, involving paying and receiving cash and other negotiable instruments. Responsible for cross selling all credit union produc...
  • 22 Days Ago

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Commercial Insurance Sales Producer - Condo
  • Foundation Risk Partners
  • Seminole, FL FULL_TIME
  • Foundation Risk Partners, one of the fastest growing insurance brokerage and consulting firm in the US, is adding a Commercial Insurance Sales Producer to their team in Seminole Region. Job Summary: T...
  • Just Posted

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Report Editor - EthosPLUS
  • Ethos Risk Services
  • Petersburg, FL FULL_TIME
  • Ethos Risk Services, a fast-growing company in an exciting and unique space within the insurance investigative industry, is looking to add a Report Editor to our Editing Team. A day in the life of an ...
  • 6 Days Ago

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Commercial Lines Account Manager
  • Foundation Risk Partners
  • Seminole, FL FULL_TIME
  • Foundation Risk Partners, one of the fastest growing insurance brokerage and consulting firms in the US, is adding a Commercial Lines Account Manager to their Acentria team in Seminole, FL. Job Summar...
  • 7 Days Ago

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Digital Fraud Investigator
  • Ethos Risk Services
  • Petersburg, FL FULL_TIME
  • DFI Investigator Compensation: $13-15 per hour Employment type: full-time - remote/work from home position Do you have an inquisitive mind? Do you enjoy solving puzzles and seeing a challenge through ...
  • 15 Days Ago

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0 Credit Risk Officer jobs found in Saint Petersburg, FL area

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Physician Assistant
  • Department of Veterans Affairs
  • Saint Petersburg, FL
  • Summary PLEASE READ THE COMPLETE ANNOUNCEMENT TO ENSURE YOU UNDERSTAND THE QUALIFICATION REQUIREMENTS AND SUBMIT A COMPL...
  • 3/28/2024 12:00:00 AM

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Personal Banker Clearwater District
  • WELLS FARGO BANK
  • Largo, FL
  • Why Wells Fargo: Are you ready for the next step in your career? This is where it begins - at a company known for our "W...
  • 3/28/2024 12:00:00 AM

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Certified Registered Nurse Anethsthetist
  • Department of Veterans Affairs
  • Bay Pines, FL
  • Summary PLEASE READ THE COMPLETE ANNOUNCEMENT TO ENSURE YOU UNDERSTAND THE QUALIFICATION REQUIREMENTS AND SUBMIT A COMPL...
  • 3/28/2024 12:00:00 AM

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Optometrist
  • Department of Veterans Affairs
  • Bay Pines, FL
  • Summary PLEASE READ THE COMPLETE ANNOUNCEMENT TO ENSURE YOU UNDERSTAND THE QUALIFICATION REQUIREMENTS AND SUBMIT A COMPL...
  • 3/28/2024 12:00:00 AM

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CERTIFIED REGISTERED NURSE ANETHSTHETIST
  • Veterans Health Administration
  • Bay Pines, FL
  • Summary PLEASE READ THE COMPLETE ANNOUNCEMENT TO ENSURE YOU UNDERSTAND THE QUALIFICATION REQUIREMENTS AND SUBMIT A COMPL...
  • 3/27/2024 12:00:00 AM

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Personal Banker 66th Street
  • WELLS FARGO BANK
  • Saint Petersburg, FL
  • Why Wells Fargo: Are you ready for the next step in your career? This is where it begins - at a company known for our "W...
  • 3/27/2024 12:00:00 AM

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Personal Banker Clearwater District
  • WELLS FARGO BANK
  • Seminole, FL
  • Why Wells Fargo: Are you ready for the next step in your career? This is where it begins - at a company known for our "W...
  • 3/26/2024 12:00:00 AM

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Medical Support Assistant (Ward Administration & Call Center)
  • Department of Veterans Affairs
  • Bay Pines, FL
  • Summary This position is located under the Health Administration Service at the C.W. Bill Young (CWBY) Veterans Administ...
  • 3/26/2024 12:00:00 AM

St. Petersburg is a city in Pinellas County, Florida, United States. As of the 2015 census estimate, the population was 257,083, making it the fifth-most populous city in Florida and the largest in the state that is not a county seat (the city of Clearwater is the seat of Pinellas County). St. Petersburg is the second-largest city in the Tampa Bay Area, after Tampa. Together with Clearwater, these cities comprise the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area, the second-largest in Florida with a population of around 2.8 million. St. Petersburg is located on the Pinellas pen...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Credit Risk Officer jobs
$60,683 to $82,367
Saint Petersburg, Florida area prices
were up 1.1% from a year ago

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