Risk Analyst/Counterparty Credit Risk

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Working with one of the top financial clients this role calls for a Risk Analyst/Counterparty Credit Risk who will play a key role in the establishment and rollout of credit analytics across The Bank. The successful candidate will build a detailed understanding of the various derivative and financing businesses which Market Risk & Counterparty Analytics supports.

Responsibilities:

Provide ad-hoc support to the Front Office and Credit Management to facilitate trading of existing and new products.
Review daily counterparty credit risk exposures and investigate any credit anomalies.
Perform daily analysis of potential future exposure and various capital measures.
Provide credit-related subject matter expertise for a high number of ongoing strategic initiatives with the Firm.
Provide ad-hoc data mining and risk reporting when required in support of internal or external requests.
Perform assessment and monitoring of Counterparty Credit Wrong Way Risk in accordance with the bank’s risk appetite and credit policies.
Highlight key risks in specific business lines and the firm as a whole, and provide ongoing commentary on stress results.
Work closely with the Trading desk, Technology, Finance, Model Development and Credit Management, providing expert knowledge and support to ongoing credit risk analytics.
Act as a subject matter expert for Counterparty Credit Risk Systems.
Maintain an understanding of regulatory landscape related to risk reporting and capital measures.
Assist in quantitative aspects of the client’s risk policies involving credit exposures to counterparties.
Maintain thorough understanding of all key risk and risk-related issues through continual review of risk reports/related data and dialogue with relevant parties.
Provide assistance to Technology Solutions in model implementation.
Desired Skill Set:

3-6 years of prior capital markets work experience, primarily focused on counterparty credit risk, is required.
Knowledge of Basel III, FINRA 4210, and emerging regulations.
Bachelor’s Degree specializing in finance, risk management, or other quantitative discipline.
Proficient in MS Excel.
Strong quantitative background and experience producing analytical reports.
Knowledge in data processing techniques and their application to management control information systems.
Ability to prioritize multiple tasks and deliver results in a fast-paced environment.
Nice To Have:

CFA / FRM candidates preferred – working towards CFA/FRM is accepted too.
A master’s degree in finance, risk management, or other quantitative discipline