Assessing the credit quality of the firm's trading counterparts, whether corporations, financial institutions or governments, is an essential aspect of the firm's ability to protect its capital and be an effective financial intermediary. The Credit Risk Management & Advisory group (CRMA) operates through nine offices around the world: New York, London, Frankfurt, Tokyo, Hong Kong, Seoul, Sao Paulo, Salt Lake City and Singapore.
Within CRMA, the sovereign risk management team is responsible for assessing the default risk of sovereign, quasi-sovereign and supranational counterparties, as well as broader country risks that impact the Firm's business. The work entails surveillance of macroeconomic, political and financial market developments in more than 140 countries around the world, setting and enforcing country limits, and maintaining databases of information to substantiate the team's views. The team in Singapore will support the global sovereign risk team based in NY, London, and Hong Kong.
Principal duties and responsibilities
Sovereign Analysis and Risk Management
• Complete analytical reviews of sovereign, quasi-sovereign and supranational counterparties based on quantitative and qualitative information
• Monitor the evolution of country risks by keeping abreast of economic, social, political, legal and financial events
• Collect, analyze and maintain quantitative and qualitative data and information related to sovereign and country risks
• Assist in coordinating the country review and limit setting process
• Contribute to periodic or ad hoc topical analyses of individual countries or regions
• Assist in the preparation of recurring or ad hoc country exposure reports
Other key responsibilities include:
• Interact with the sovereign risk team as well as other members of the CRMA team globally
• Develop understanding of the Firm's business lines and products, including derivatives and loans
Basic skills required
• University graduate with a degree in Economics, Public Policy or International Affairs is required
• Strong analytical skills
• Strong organizational skills and the ability to manage multiple assignments concurrently
• Outstanding communication and presentation skills - both written and oral
• Team player with an ability to work effectively with colleagues in other regional offices
• Flexibility, ability to learn quickly
• Highly motivated
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