Overview To facilitate a sound capital markets strategy by managing Navy Federal's wholesale credit risk. Monitor and review the creditworthiness of Navy Federal's financial business partners, debt issuers, guarantors, and obligors. Assist in credit analyses, qualitative and quantitative analyses, and maintain financial models. Support credit decision-making regarding the creditworthiness of external institutions and entities. Participate in reviews of increasing complexity, under moderate supervision with some latitude for independent judgement. Moderately skilled professional with basic proficiency in discipline. Ensure compliance with applicable industry, federal, and internal regulations and policies, and Navy Federal best interests are safeguarded.Responsibilities
Conduct routine research and analysis to identify, assess, and make recommendation about wholesale credit and counterparty risk and viability of debt issuers, guarantors, obligors, and/or vendors including research on companies/issuers, sector, and industry
Evaluate changes in financial, economic, regulatory, legislative, and competitive environment to determine impact on creditworthiness of debt issuers, guarantors, obligors, counterparties and/or vendors
Analyze annual reports and financial statements, monitor key financial metrics, industry trends, company performance, and evaluate external factors that could impact revenue, cash flow and credit profile of debt issuers, guarantors, obligors, and/or vendors.
Assist in developing fundamental credit opinions for obligors, make changes to ratings and outlooks, and provide justification for analytical results and changes
Assist in pre-purchase credit evaluations for new names and make pre-purchase credit evaluations for existing names
Maintain financial models, training documentation, historical files, and internal procedures
Contribute to a culture of collaboration by actively working across business lines, communicating knowledge and business processes having basic to moderate impact
Stay abreast of and ensure compliance with applicable federal, state, and industry laws, regulations, and guidelines
Perform other duties as assigned
Qualifications
Working knowledge of financial and credit markets, fundamental credit analysis, evaluating creditworthiness, and accounting principles
Familiarity with financial fundamental analysis and modeling of structured products and macroeconomic analysis
Exposure to one or more of the following areas: credit risk, financial and capital markets, and/or risk management
Familiarity with factors driving performance of the industry
Experience in working with diverse internal and external contacts
Familiarity with industry and federal regulatory requirements and best practices
Ability to work independently and in a team environment
Basic skill analyzing statistics and reports to determine business performance and trends
Effective skill maintaining accuracy with attention to detail and meeting deadlines
Basic skill building relationships through rapport, trust, diplomacy, and tact
Basic skill exercising initiative and using good judgment to make sound decisions
Basic research, analytical, problem-solving, and spreadsheet skills
Basic verbal and written communication skills; to include credit analysis reports
Bachelor's degree in Finance, Accounting, or a related field, or the equivalent combination of training, education and experience
Desired Qualifications
Master's degree in Finance, Accounting, or related field, or the equivalent combination of experience, education and training
Chartered Financial Analyst (CFA) designation or candidacy
Experience working in a capital markets environment preferably with fixed income instruments
Working knowledge of Bloomberg, Trepp, and/or Intex
Bloomberg API or MS Excel advanced modeling skills
Hours: Monday - Friday, 8:00AM - 4:30PMLocation: 820 Follin Lane, Vienna, VA 22180About Us You have goals, dreams, hobbies, and things you're passionate about—what's important to you is important to us. We're looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them—friends, family, and passions. And we're looking for team members who are passionate about our mission—making a difference in military members' and their families' lives. Together, we can make it happen. Don't take our word for it: Military Times 2022 Best for Vets Employers WayUp Top 100 Internship Programs Forbes® 2022 The Best Employers for New Grads Fortune Best Workplaces for Women Fortune 100 Best Companies to Work For® Computerworld® Best Places to Work in IT Ripplematch Campus Forward Award - Excellence in Early Career Hiring Fortune Best Place to Work for Financial and Insurance ServicesEqual Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability EOE/AA/M/F/Veteran/DisabilityDisclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team’s discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market positionBank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.REQNUMBER: 17149