Conduct comprehensive credit analysis on counterparties across various non-general account exposures including reinsurance and various business unit credit exposures including client advances.
Evaluate creditworthiness using internal and external ratings, financial statement analysis, and stress testing methodologies.
Provide an in-depth analysis of developments in the risk profile of the counterparty portfolio and formulation of strategies to mitigate risk.
Monitor compliance with established credit risk limits and escalate potential breaches to senior management.
Collaborate with the business, investment, treasury, legal, and operational risk teams to ensure holistic risk oversight.
Support the development and refinement of enterprise credit risk policies.
Prepare periodic credit risk reports for senior leadership and governance committees, including the Voya Risk Committee.
Participate in the review and approval of new counterparty relationships and transactions, ensuring alignment with risk appetite and policy guidelines.
Maintain and enhance credit risk models and exposure tracking tools.
Identify emerging risks that may impact the company
Assist in industry surveys and benchmarking exercises
Perform other related duties as assigned

Bachelor’s degree in Finance, Accounting, Economics, or related field; CFA or FRM designation preferred.
5+ years of experience in credit analysis, collateral management, or counterparty risk management.
Strong understanding of counterparty exposure and collateral management in various structures like reinsurance structures and client advances.
Proficiency in financial modeling and risk analytics tools (e.g., Bloomberg, Barclays POINT, Python, SQL).
Familiarity with regulatory frameworks and internal control documents governing credit and counterparty risk.
Excellent written and verbal communication skills; ability to present complex risk concepts to senior stakeholders.

Health, dental, vision and life insurance plans
401(k) Savings plan – with generous company matching contributions (up to 6%)
Voya Retirement Plan – employer paid cash balance retirement plan (4%)
Tuition reimbursement up to $5,250/year
Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
Paid volunteer time — 40 hours per calendar year

Enterprise Credit and Counterparty Risk Analyst

Key skills