AVP, Credit Risk Management, Counterparty Risk Control

AVP, Credit Risk Management, Counterparty Risk Control

Experienced banking and NBFI credit counterparty risk professional required for newly created credit risk management role.

Reporting to the Head of Credit Risk Control, you will lead development and execution of internal credit risk management policies and procedures, focusing on counterparty credit risk assessment of financial services counterparties with ongoing monitoring of credit risk exposure, market intelligence and counterparty credit quality.

Duties

• Perform counterparty credit risk due diligence reviews and credit rating/scoring;
• Recommend/set appropriate credit limit levels to support Fixed Income business line;
• Implement and maintain credit risk analytics model to manage credit risks for banking and financial services counterparties (banks, non-banking FIs (NBFI) and hedge funds);
• Regularly review credit risk models for accuracy and reliability, update as necessary in line with economic and business environment;
• Monitor, analyse and review economic and industry trends and developments. Update business on changes to risk profile of Fixed Income portfolio and make recommendations to keep exposures within risk appetite;
• Prepare/review regular credit risk and exposure reports for management and regulatory reporting;

Requirements

• Quantitative academics, ideally to Masters level.
• Additional qualification such as CFA or FRM advantageous.
• 5+ years' experience in counterparty credit risk or market risk.
• Strong knowledge of quantitative and qualitative credit models and methodologies.
• Good understanding and experience dealing with counterparty credit analysis, financial statement analysis and setting of counterparty credit/trading limits.
• Broad understanding of market risk, including concepts such as risk factors, stress testing, VaR, mark to market, and risk sensitivities across asset classes.
• Understanding of fixed income, equities, FX and commodities products.
• Open to learning, keen to progress and happy to get exposure to other areas of risk (e.g. market risk, liquidity risk, etc) as hiring firm encourages cross training in the risk function.
• Knowledge of databases and programming, ideally Python, advantageous.

Urgent hire, apply now to discuss this exclusive opportunity in detail.

Sloane Shorey Consulting Limited is a MOM registered EA: Licence number: 17S8548 | EA. Registration number: R1105334