Why Should anyone be led by me
Why Should Anyone Be Led By You Analysis
Nicholas Zedreck
Part I. As a Global Banks-Credit Analyst at Bank of New York Mellon, my job and responsibilities fit uniquely within the organization, in a small but important aspect of the Bank’s operations within Credit Risk. My job, from a day to day perspective, is to monitor the condition of our credit counterparties located across Europe, but specifically in Austria, Germany and Switzerland, and to mitigate risk where possible. This job requires me to stay very current on market news, financial earnings releases, and changes in government or central bank policies. Additionally, as a member of Risk, our group will coordinate changes in credit risk appetite with changes in outstanding credit limits throughout the year when our borrowers come up for annual review. Within that responsibility, I complete reviews of all counterparties within my portfolio at least once annually, articulating to my manager each borrower’s fiscal earnings, asset quality, funding mix, liquidity portfolios, capital structure and market position.
My role, throughout my 30 months with the Bank, has largely been as a subordinate and colleague. As a subordinate, I report directly to the head of our European Credit Risk team in New York, who oversees all credit relationships we have across the continent. Within that role, it is my job to present any significant risks associated with our credit undertakings, how we as a bank can mitigate such risks, and how we balance risk with our business relationship concerning each customer. I carry out this responsibility by presenting “write-up” proposals and reviews to my manager, either when it is due annually for review, or if a new credit proposal is requested. As a colleague, my role within the group has been to help train new hires and to share with my peers any significant news, risks, or changes that might impact counterparties covered by them. As a relatively young employee with the
Nicholas Zedreck
Part I. As a Global Banks-Credit Analyst at Bank of New York Mellon, my job and responsibilities fit uniquely within the organization, in a small but important aspect of the Bank’s operations within Credit Risk. My job, from a day to day perspective, is to monitor the condition of our credit counterparties located across Europe, but specifically in Austria, Germany and Switzerland, and to mitigate risk where possible. This job requires me to stay very current on market news, financial earnings releases, and changes in government or central bank policies. Additionally, as a member of Risk, our group will coordinate changes in credit risk appetite with changes in outstanding credit limits throughout the year when our borrowers come up for annual review. Within that responsibility, I complete reviews of all counterparties within my portfolio at least once annually, articulating to my manager each borrower’s fiscal earnings, asset quality, funding mix, liquidity portfolios, capital structure and market position.
My role, throughout my 30 months with the Bank, has largely been as a subordinate and colleague. As a subordinate, I report directly to the head of our European Credit Risk team in New York, who oversees all credit relationships we have across the continent. Within that role, it is my job to present any significant risks associated with our credit undertakings, how we as a bank can mitigate such risks, and how we balance risk with our business relationship concerning each customer. I carry out this responsibility by presenting “write-up” proposals and reviews to my manager, either when it is due annually for review, or if a new credit proposal is requested. As a colleague, my role within the group has been to help train new hires and to share with my peers any significant news, risks, or changes that might impact counterparties covered by them. As a relatively young employee with the