Credit Review Analyst Jobs

Federal Reserve Bank of San FranciscoWhile the SF Fed is a Reserve Bank, we’re not what you might expect. We’re unreserved here. That means we seek new and diverse perspectives. We spark conversations and encourage debate. We build opportunity. We pursue careers that are true to ourselves. We are looking for people who want to help our country reach its full economic potential. When you join the SF Fed, you join a team of people working together to promote an inclusive economy that works for everyone.
Do you like collaborating and being part of an outstanding team? We have an opportunity on the Credit Review team of Credit Risk Management (CRM.) CRM is responsible for the administration of overnight and daylight credit to Depository Institutions (DIs) in the Twelfth District through our Discount Window, Payment System risk, and Condition Monitoring functions. As a Credit Review Analyst, you will be responsible for conducting inspections to ensure DIs participating in the Borrower-in-Custody (BIC) program are in compliance with program guidelines. The BIC program allows DIs to pledge customer loans to the Federal Reserve as collateral for Discount Window and Payment System Risk purposes. Inspections can be conducted onsite at the institution or online at the Reserve Bank. The analyst is responsible for a variety of tasks including reviewing loan documentation and data for completeness and accuracy and performing financial analysis.

• Participate on local and FRB System project workgroups.
• Analyze bank financial documents to determine financial condition of BIC participants.
• Conduct financial analysis reviews of vendors for FRB.
• Conduct inspections of DIs participating the BIC program; this includes completing inspection reports, discussing findings and conclusions with DI’s senior management of DIs, and collaborates closely with DI and CRM functions/management to resolve issues and/or discuss emerging events.
• Review loan documents to ensure completeness and compliance with BIC Program guidelines.
• Assess the credit creditworthiness of loans pledged to the Reserve Bank.
• Conduct reviews and approve BIC Program applications, and periodic certifications as required for the DIs.
• Validation of loan data reported to the Reserve Bank.

• Experience with conducting financial analysis.
• Must be a U.S. Citizen, U.S. National, or hold a permanent resident/green card with intent to become a U.S. Citizen.
• Understanding of credit underwriting standards and practices.
• Must possess valid California Driver's license or ability to acquire one.
• System (CAMELS rating system) is desirable.
• Minimum 3+ years of related work experience.
• Proficient with Microsoft Office applications; Word, Excel, and Outlook.
• Ability to handle projects, from inception to implementation.
• Bachelor’s degree required in business, economics, finance, legal, accounting or a related field.
• Ability to maintain the confidentiality of critical information.
• Ability to multi-task and prioritize assignments.
• Travel requirements vary between 30-50 percent.
• Understanding of loan documentation and the process of perfecting a security interest.
• Effective interpersonal and communication skills.
• Knowledgeable of financial instruments, including loans and securities.
• We are looking for candidate who demonstrate strong analytical thinking, problem solving skills, initiative, and customer service orientation.
• Bank regulatory experience and/or understanding of the Uniform Financial Institutions Rating.
• Familiar with financial documents and ratios for DIs, and other entities.

Full timeRegularNoCredit Risk ManagementFirst (United States of America)