JOB DETAILS

VP Counterparty Risk- ERM

Location: LIVINGSTON

Job ID: 13268

State/Province: NJ

Duration: Full Time

DESCRIPTION

•Oversee counterparty risk for the Enterprise risk management group
•Ability to independently analyze and assess credit profile for derivative and investment counterparties
•Set counterparty exposure limits based on analytical assessment
•Liaise with Treasury and credit department on the management of counterparty’s
•Review policy and procedural framework for management of these risks
•Work with analytical tools and processes to support, the setting and monitoring of risk tolerances consistent with risk appetite

REQUIRED SKILLS

Minimum Requirements:
•10+ years of experience in credit analysis
•MBA or CFA preferred
Required Competencies:
•Understanding of counterparty risk management principles, methodologies and tools
•Understanding of derivative and investment products
•Experience is the assessment of financial services counterparties
•Proficiency in credit analysis of financial institutions
•Strong written and verbal communication skills
•Relevant financial services sector experience
•Possess strong relationship building skills

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CIT is an Equal Opportunity Employer. CIT policy prohibits discrimination of employees and applicants for employment. No aspect of employment with CIT will be influenced in any manner by race, color, religion, age, sex, national origin, marital status, disability, Vietnam veteran status, sexual orientation or any other basis prohibited by applicable law. CIT's policy applies to, but is not limited to, hiring, promotion, demotion, transfer, termination and compensation. CIT complies with applicable federal, state and local laws governing nondiscrimination in employment in every location in which CIT has offices.

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