The Senior Credit Analyst is responsible for providing credit underwriting services in support of the Bank’s secured and capital markets credit. This includes managing the Bank’s credit risk exposure to an assigned portfolio of financial institutions including banks (large, regional and international), savings institutions, credit unions, and insurance companies on an ongoing basis by recommending appropriate exposure limits and collateral status for each institution.
Major Accountabilities :
Perform ongoing credit analysis (in-depth reviews of institution business strategies, financial condition, and exposure to economic/market conditions), which are performed on the basis of the Bank’s review frequency policy, for member and counterparty (fixed income capital markets) requests.
Manage the credit risk assumed by the Bank for assigned institutions by monitoring the financial condition of each institution and recommending changes in credit rating, exposure limits, and/or collateral status as appropriate.
Prepare written financial analysis and oral presentations that support sound credit and collateral recommendations consistent with the credit profile of a financial institution.
Identify Watchlist candidates on a quarterly basis for institutions in weak financial condition, and recommend actions to management or the Credit Risk Committee, as appropriate, while helping to managing the Bank’s credit risk exposure to such institutions.
Maintain familiarity with fixed income capital markets trends, accounting standards, regulations, and general industry and economic conditions to determine their effects on member and counterparties’ financial condition and creditworthiness.
Underwrite applications for new Bank membership in compliance with the Federal Housing Finance Agency’s Membership Approval regulations and the Bank’s policies and procedures.
Prepare special projects for the Bank’s management of Board of Directors pertaining to secured credit, capital markets activities or general credit matters.
Provide ad hoc project management, including defining the scope of a project, developing project plans, evaluating progress, and presenting the final product.
Participate in Bank-wide working groups as requested.
Bachelor’s degree in Business Administration, Accounting, Finance, Banking, a related field, or equivalent work experience.
Minimum of five years’ experience as a credit analyst in financial/credit analysis or fixed income capital markets credit. Experience in a highly regulated environment is preferred.
1. Must have thorough knowledge, understanding, and ability to apply the principles of credit, finance, accounting and financial instruments, as well as the techniques and tools of credit analysis, financial analysis, and asset/liability management in the evaluation of the financial condition of various types of financial institutions.
2. Understanding of fixed income capital markets required, specifically related to how large complex banks operate and the various trading products associated with their balance sheet.
Must have thorough knowledge and understanding of the operational aspects of financial institutions, including governing regulations and accounting conventions/requirements.
Understand and differentiate between the reporting requirements, regulatory framework, and operating strategies of various types of financial institutions, specifically savings institutions, commercial banks, thrift and loans, and credit unions.
Ability to develop complex financial spreadsheets, graphics, and other PC applications.
Strong analytical skills with excellent written and verbal communication skills, including the ability to clearly and concisely express analytical conclusions and recommended actions, and the ability to summarize large amounts of both objective and subjective information, and to justify recommendations to Bank management.
Ability to work independently and effectively with all functional levels within the Bank.
The Federal Home Loan Bank of San Francisco is an Equal Employment Opportunity employer and is committed to a diverse workforce. We value and actively seek to recruit, develop, and retain individuals with varied backgrounds and experiences reflecting the full diversity of the communities that we serve. It is the policy of the Bank to comply with all applicable laws concerning the employment of persons with disabilities.