Counterparty Credit Risk Manager
Job Description
The Regulatory Capital and Stress Testing Group with Counterparty Credit Risk Management (CCRM) is responsible for implementing business processes necessary to facilitate compliance with challenging and changing regulations related to Basel II III and CCAR. The purpose of this position is to provide subject-matter expertise, business analysis, and support for existing systems and several significant projects that Risk Management is undertaking to meet current and future CVA stress testing needs. A key focus for this position will be to work closely with front-office, risk management and technology to understand, define and develop a CVA architecture which will enable dynamic stress testing capabilities to meet regulatory requirements related to counterparty risk. Other areas of focus will be leveraging this future state architecture to enable Internal Models Method (IMM) for Basel, economic capital, and risk adjusted return on capital (RAROC). This position will be responsible for assisting in the creation of a future state vision as well as the creation of a project road-map to incrementally realize that vision.
Primary responsibilities for the position are:
- Understanding relevant business, regulatory and risk requirements pertaining to CCAR; as well as maintaining an awareness of current regulatory trends and proposals and the resulting impacts.
- Clearly defining and documenting requirements, processes, methodologies that are needed to develop and support Risk Management systems which can be implemented iteratively.
- Working closely with Treasury to ensure all CCAR requirements are met.
- Development of enhanced and robust counterparty stress testing capabilities, combining the improvement of existing process while building out future state architecture.
- Working with Credit Technology group on technical issues and providing input on strategic implementation plan.
- Developing and providing expertise regarding trading products and counterparty risk management, including capital treatment, stress testing, potential future exposure, aggregation methodologies and risk processes and systems.
This position is expected to develop a close working relationship with Counterparty Risk Analytics, Front-Office, Risk Technology and other risk management groups.
Contact: Brad Kruse @ +1 310 807 5028
APPLY | risk.americas@gqrgm.com
VISIT US | www.g-q-r.com/vacancies
While a resume is preferable we also welcome tentative enquiries from well-qualified persons. To speak with an agent please contact one of our regional offices using the contact details listed below. Utmost confidentiality and discretion is assured.
LOS ANGELES | 1.310.807.5025
10877 Wilshire Boulevard, Los Angeles, CA 90024 | Office Hours: 6.00-21.00 PDT
NEW YORK | 1.212.763.8333
1325 Sixth Avenue, New York, NY 10173 | Office Hours: 9.00-21.00 EDT
LONDON | 0203.141.8000
Westminster Tower, London, SE1 7SP | Office Hours: 8.00-20.00 GMT
HONG KONG | 852.3678.6738
2 Exchange Square, 8 Connaught Place, Central | Office Hours: 9.00-21.00 HKT
VISIT US | www.g-q-r.com | www.g-t-r.com | www.gqrgm.com
GQR Global Markets
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