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Full-Time

Senior Credit Analyst

Posted on 7/24/2024

Interactive Brokers

Interactive Brokers

1,001-5,000 employees

Online trading platform with low commissions

Fintech
Financial Services

Senior

Greenwich, CT, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Communications
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor's degree from an accredited traditional 4-year college / university (minimum GPA: 3.0), preferably in accounting, mathematics or business.
  • 5-8 years’ experience in a credit, accounting or financial statement analysis role.
  • Comprehensive knowledge of risks associated with clearing houses and financial institutions such as banks, broker-dealers, etc. is strongly preferred.
  • Strong problem solving and analytical skills.
  • Strong organizational skills.
  • Proficient in Microsoft Excel (VBA experience is a plus).
  • Excellent written and verbal communication skills.
  • Experience in writing functional specification documents for automation is a plus.
  • Attention to detail is critical.
  • Ability to multitask and meet tight deadlines.
Responsibilities
  • Collecting and analyzing counterparty financial statements for evaluation within the firm’s credit policies. Credit evaluation reports will include quantitative analysis and written qualitative sections.
  • Daily monitoring of credit exposures in various parts of the company’s businesses, including securities lending, foreign exchange and banking.
  • Various ad hoc projects, which may entail data analysis or web-based research.

Interactive Brokers provides an online trading platform that allows individual traders, investors, and financial advisors to access a variety of financial instruments, including stocks, options, futures, currencies, bonds, and funds. The platform operates globally, giving users direct access to over 135 markets in 33 countries. It stands out from competitors by offering low commissions and financing rates, ensuring that trading remains affordable. Additionally, Interactive Brokers emphasizes best execution, aiming to secure the best prices for trades. Unique features include the ability to purchase fractional shares, making high-value stocks accessible to more investors, and the IMPACT app, which helps users align their investments with personal values like sustainability. The goal of Interactive Brokers is to provide a comprehensive and cost-effective trading experience for clients worldwide.

Company Stage

IPO

Total Funding

N/A

Headquarters

Greenwich, Connecticut

Founded

1977

Growth & Insights
Headcount

6 month growth

1%

1 year growth

1%

2 year growth

1%
Simplify Jobs

Simplify's Take

What believers are saying

  • The addition of European stock options and index futures through Cboe Europe Derivatives expands trading opportunities for clients.
  • Significant stakes from major financial institutions like HSBC Holdings PLC indicate strong market confidence in Interactive Brokers.
  • The platform's advanced technology and direct market access ensure best execution, enhancing the trading experience for users.

What critics are saying

  • The recent data breach affecting 600 clients could undermine trust and lead to regulatory scrutiny.
  • The highly competitive landscape of online trading platforms requires continuous innovation to maintain market share.

What makes Interactive Brokers unique

  • Interactive Brokers offers one of the lowest commission rates in the industry, making it highly attractive for cost-conscious traders.
  • Their global reach, with access to over 135 markets in 33 countries, provides unparalleled opportunities for portfolio diversification.
  • Innovative features like fractional shares and the IMPACT app, which aligns investments with personal values, set them apart from traditional brokers.

Benefits

Competitive Pay with discretionary bonus packages which include company stock grants

Comprehensive Health Plans that include extensive Vision, Dental and Prescription coverage

Daily Lunch Allowance

401K Retirement Savings Plan (generous company match)

Wellness Incentives

Flexible Spending Accounts

Paid Personal Time and Sick Leave

INACTIVE