Senior Credit Officer

Risk · Manhattan , New York
Department Risk
Employment Type Full-Time
Minimum Experience Experienced

Celsius addresses the financial needs of today’s consumers worldwide through a democratized interest income and lending platform accessible via a mobile app. With a mission to put unparalleled economic freedom in the hands of the people and a core belief that financial services should only do what is in the best interests of the community, Celsius is a modern platform where membership provides access to curated financial services that are not available through traditional financial institutions. Crypto holders can earn high-yield compounding interest by transferring coins to their Celsius Wallet and can borrow fiat currency against their crypto collateral at the lowest interest rates in the space.


The Celsius team is committed to doing good and doing well. We believe in the power of disruption and the importance of decentralization to create a new system that acts in the best interest of everyone. Each member of our team brings something unique and innovative to the table, but the common thread that links us together is our passion for blockchain, equality, and leading the next financial revolution that changes the equation to bring power back to the people.


SENIOR CREDIT OFFICER 


The candidate will be responsible for managing all credit risk aspects of a portfolio of hedge funds, market-makers, trading firms, and crypto-exchanges.  This includes providing timely trade approvals, leading due diligence meetings, writing credit analyses and negotiating documentation. The position reports directly to the Chief Credit Officer.


Key Responsibilities:

  • Review new business opportunities being presented by the front office, and provide early feedback on structure/terms and client selection in the screening process in order to ensure that the proposed business fits within Celsius's risk appetite.
  • Undertake due diligence of new clients
  • Engage partners including Legal, Trading, Operations, and Market Risk as appropriate.
  • Ongoing monitoring of portfolio, including client financial condition and credit risk exposure. 
  • Escalation of any issues. 
  • Responding to ad-hoc information and reporting requests.
  • Engagement in various other aspects of credit risk underwriting, including development of internal analytics and stress testing, policies and procedures, asset quality monitoring, etc.

Required Skills/Qualifications/Experience

  • Bachelor Degree required, Graduate degree preferred.
  • Minimum of 10 years’ previous credit experience, specifically geared towards analysis and understanding of financial counterparties
  • Strong preference for direct experience covering a portfolio of hedge funds and trading firms.
  • Substantial experience as a risk manager with an excellent understanding of credit risk metrics, as well as credit risk mitigation techniques.
  • Excellent verbal and written communication skills.
  • Knowledge and understanding of internal credit rating models and methodologies, as well as credit risk monitoring approaches and systems.
  • Ability to establish partnerships across the organization and build effective work groups.

 

This person should be located in NYC but will have an opportunity to work partially remotely

Thank You

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  • Location
    Manhattan , New York
  • Department
    Risk
  • Employment Type
    Full-Time
  • Minimum Experience
    Experienced