Counterparty Credit Risk Manager
Core
Senior second-line credit risk manager evaluating counterparty recourse and managing credit exposure to financial institutions (Banks, Insurance) for traded products.
Role type
Senior IC counterparty credit risk manager
Builds
Credit risk governance, limits, and exposure approvals for Global Markets trading/financing/clearing businesses
Domain
Banking, Global Markets, Credit Risk
Deliverable
production ML models | product features | dashboards & analysis | research | client delivery | infrastructure | physical/clinical work
Required skills
Counterparty credit risk underwriting, Traded products knowledge (Derivatives, Repos, Securities Lending), Risk appetite setting, Credit limit approval, VaR and stress scenario analysis, ISDA/MRA documentation negotiation, Portfolio review, Second-line risk oversight
Preferred skills
Cross-asset class expertise, Senior stakeholder management, Due diligence of financial institutions
Technologies
PE/PFE, VaR, Stress scenarios, ISDA, MRA
Responsibilities
Evaluate financial institution counterparty recourse, Manage counterparty credit exposure to traded products, Set risk appetite and approve credit limits/exposures, Interface with Front Office and other risk functions, Conduct due diligence and challenge risk-based limits, Negotiate standard industry documentation, Perform ad hoc portfolio reviews
Seniority
Senior, hands-on IC