Director Repo Credit Risk recruitment
Candidate should be a subject matter expert of the Global Repo and Securities Lending market as well as Futures and Options.
* Support a large global investment bank's funding and stock loan activity from a credit standpoint.
* Assist business and credit with execution of non-standard transactions and Agreements.
* Portfolio/trend and emerging risk analysis of the Global Funding Book.
* Liaison with Credit Officers that underwrite repo lines to ensure appropriate understanding of risk and limits.
* Liaison with Market Risk, Finance, Operations, senor management and regulators.
* Approval of non standard trades
* Management of correlated repo and wrong way risk exposure.
Qualifications:
Required Skills:
* Familiarity with industry best practices and Regulatory Reform changes impacting repo markets, including BASEL.
* Familiar with all types of collateral and ability to recommend reasonable haircuts. Collateral includes governments, corporate, equity and structured products.
* Ability to structure trades to mitigate risk.
* Strong interpersonal and communication skills.