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Title
Text copied to clipboard!Counterparty Risk Manager
Description
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We are looking for a Counterparty Risk Manager to join our dynamic risk management team. This role is critical in identifying, assessing, and mitigating counterparty credit risks across a variety of financial products and counterparties. The ideal candidate will have a strong background in finance, risk management, and quantitative analysis, with the ability to work collaboratively across departments to ensure the firm’s exposure to counterparty risk is effectively managed.
As a Counterparty Risk Manager, you will be responsible for monitoring the creditworthiness of counterparties, setting exposure limits, and ensuring compliance with internal risk policies and regulatory requirements. You will work closely with trading, credit, legal, and compliance teams to evaluate new counterparties, review existing relationships, and respond to market events that may impact counterparty risk.
You will also be expected to develop and maintain risk models, perform stress testing, and contribute to the enhancement of risk reporting tools and methodologies. A strong understanding of financial instruments such as derivatives, repos, and securities lending is essential. The role requires excellent communication skills, as you will be presenting risk assessments and recommendations to senior management and risk committees.
This position offers a unique opportunity to play a key role in safeguarding the firm’s financial stability while gaining exposure to a wide range of financial markets and products. If you are analytical, detail-oriented, and passionate about risk management, we encourage you to apply.
Responsibilities
Text copied to clipboard!- Monitor and assess counterparty credit risk exposures
- Set and manage counterparty exposure limits
- Conduct credit reviews and due diligence on counterparties
- Develop and maintain risk models and stress testing frameworks
- Collaborate with trading, legal, and compliance teams
- Ensure compliance with internal policies and regulatory requirements
- Prepare and present risk reports to senior management
- Respond to market events impacting counterparty risk
- Enhance risk reporting tools and methodologies
- Support new product and business initiatives from a risk perspective
Requirements
Text copied to clipboard!- Bachelor’s or Master’s degree in Finance, Economics, or related field
- 5+ years of experience in counterparty or credit risk management
- Strong understanding of financial instruments and markets
- Proficiency in risk modeling and quantitative analysis
- Familiarity with regulatory frameworks (e.g., Basel III, Dodd-Frank)
- Excellent analytical and problem-solving skills
- Strong communication and presentation abilities
- Experience with risk systems and data analytics tools
- Ability to work under pressure and meet tight deadlines
- Team-oriented with strong interpersonal skills
Potential interview questions
Text copied to clipboard!- Can you describe your experience with counterparty risk assessment?
- What financial instruments are you most familiar with?
- How do you stay updated on regulatory changes affecting risk management?
- Describe a time you identified and mitigated a significant counterparty risk.
- What tools or systems have you used for risk modeling?
- How do you approach setting exposure limits for new counterparties?
- Have you worked with cross-functional teams? Describe your role.
- What is your experience with stress testing and scenario analysis?
- How do you prioritize tasks during a market crisis?
- What do you consider the biggest challenge in counterparty risk today?
