Counterparty Credit Risk Manager

Job Description

This job is responsible for managing counterparty risk functions within a product area or type of credit risk. Key responsibilities include working with the Counterparty Credit Risk Executive to establish governance, hedge fund credit risk management and, issuer risk. Job expectations include managing product risk from a counterparty perspective, setting credit risk appetite and contributing to counterparty credit risk governance. The Counterparty Credit Risk Manager will primarily interface with the Front Office managers and with the managers of other risk and support functions.

Managerial Responsibilities

• Opportunity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
• Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
• Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
• Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
• People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
• Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
• Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
• Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.

Required Skills

• Providing second line risk oversight for business activities and risks
• Senior risk manager able to apply risk and control disciplines in an effective manner
• Cross asset Traded Products knowledge
• Strong analytical skills and attention to detail
• Intellectually curious and able to execute sound judgement to appropriately characterize and represent risk issues
• Structured yet flexible approach, balanced and fair, able to make difficult decisions where necessary
• Excellent communication and interpersonal skills, proven experience of collaborating and leveraging relationships
• Ensuring the global credit risk framework and associated procedures are implemented and that issues are swiftly identified and resolved or escalated as necessary
• Working closely with the first line Risk function and business to understand and evaluate existing and evolving risks, and challenging where appropriate
• Developing strong relationships with key stakeholders across senior business management, origination and the various risk and credit functions
• Active participant in related CCR risk management forums