Counterparty Credit Risk Manager recruitment
Ernst Young's Enterprise Risk Services practice delivers sustainable benefits to our clients though tailored services across credit risk, operational risk, liquidity and market risk, insurance risk and risk technology.
We are currently looking for talented individuals with Counter Party Credit Risk experience to join the practice.
Your responsibilities as a Counterparty Credit Risk Manager will include:
- Designing end-to-end risk management frameworks, strategies, appetite, methodologies and policies
- Structuring governance and organisational architecture and targeting operating models
- Appraising and reshaping credit processes around rating evaluations, sanctioning, decision making, portfolio monitoring, collection and recovery, provisioning and write-offs, and debt work-out
- Managing the Counterparty Credit Risk (CCR) arising from exposure to derivatives and repo transactions (processes around Expected Positive Exposure and Credit Value Adjustments calculations, collateral management, wrong way risk mitigation)
-Building valued relationships with external clients and internal peers and developing a portfolio of business by focusing on high impact opportunities
- Creating innovative commercial insights for clients, adapting methods and practices to fit operational team and cultural needs
- Delivering high-quality work and act as a subject matter resource on one or more services, leveraging knowledge and experience to shape services to client problems.
Qualifications/skills you'll need as a Counterparty Credit Risk Manager:
- Experience of development and implementation of a well-developed risk management infrastructure
- Experience within a consultancy environment would be advantageous
- Strong academic background
- Demonstrated knowledge in credit and/or market risk measurement and management
- Experience in CCR and collateral management processes (design and implementation of risks frameworks regarding improved measurement and control of CCR, CVA programs, management of wrong way risk, eligible collateral valuation, etc.)
- Insight on Basel III regulatory reforms impacting credit risk in financial institutions.
At Ernst Young our inclusive work environment means that everyone's opinion is valued. This enables us to provide better advice and ideas to our clients, which in turn helps you develop as an individual to achieve your potential and make a difference. 