Counterparty Risk Analyst, VP recruitment
Tier one investment bank seeks VP level Risk manager as part of its Capital Management team which ensures efficient and proactive management of economic and regulatory capital as well as successful implementation of related initiatives.
The candidate will join the specialist counterparty credit risk team and will be involved in the implementation of counterparty capital initiatives.
You will be join a small team, whose responsibilities include working in partnership with the counterparty, capital and business teams as a subject matter expert to understand the portfolio, and be a key contributor to counterparty capital projects.
Key responsibilities:
* Understand the Basel / US final / UK BIPRU rules relating to counterparty
* Partner closely with the counterparty credit team and capital team to drive out , document and assist in implementing the business requirements relating to the regulatory rules
* Understand the systems architecture and detailed data flow as it relates to counterparty credit, and materiality of assumptions
* Perform adhoc specific analysis on the counterparty portfolio to identify key risks
* Deliver of high quality to analysis with recommendations to senior management
* Provide input as into counterparty capital initiatives throughout the project life cycle
Key skills required:
- Quantitative degree or equivalent
- Good knowledge of counterparty risk (familiar with EPE modeling) and capital (Basel II, Basel III)
- Good derivative product knowledge
- Good statistical knowledge
- Experience in IMM implementation and rules
- Back testing experience is highly desirable
- Good working knowledge of SAS
- Project management skills
- Experience in stress testing
