AVP/VP: Credit Exposure Management recruitment
This team acts as an interface between Front Office functions and Credit Risk sanctioning teams, with a focus on structured derivatives and commodities risk. These roles are required in order to boost existing capacity for BAU work and ensure successful implementation of the Basel II compliance plan.
Key responsibilities:
• To provide credit risk exposures for non-vanilla transactions that cannot be risked by the Front Office and follow-up with a transaction override when the trade is executed
• To provide advice and structuring expertise to both Credit Sanctioners and the Front Office in order to facilitate the execution of structured trades within risk appetite and in a manner that maintains appropriate controls
• To coordinate Haircut Committee and Independent Amounts
• To monitor and manage issuer jump-to-default risk in the inventory across all trading desks (Single Name Issuer Risk)
You should have good knowledge of Derivative trade flows across systems and infrastructure in various product areas. You should have a broad understanding of traded products and credit risk management, as well as reporting and control systems, either in a project role or as an end-user.
In addition to the requisite technical skills, you should be able to demonstrate a high level of organisation, including utilisation of computerised tools used to facilitate prioritisation and decision making processes; along with developed communication and time management skills.