Counterparty Credit Risk – SVP level- 150k – London recruitment
My client, one of the worlds leading consulting firms, is going through huge growth in its CCR practice due to complexity and urgency of IMM Waiver requirements in relation to Basel III. They are looking to hire a senior individual with experience in colleteral management, repo transactions, CVA and OTC transactions. This is one of the most succesful teams in the city and the intention of the role is to give a candidate the potential to be a Global Partner in the firm which would carry great opportunities for leadership and CRO level compensation going forward.
Your responsibilities as a Counterparty Credit Risk will include:
- Designing end-to-end risk management frameworks, strategies, appetite, methodologies and policies
- - 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, adapt 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.
Your experience would be at Senior Manager level or above and could be from a Tier 1 Bank, Counterparty, Consulting firm including a software house as well as the FSA. My client is looking to pay the best packages to attract the strongest talent in the market. I am shortlisting now for interviews early next week for this urgent role. Therefore for a confidential discussion, please call or send your cv to me in absolute confidence.
