Market Risk Specialist | Corporate & Investment Banking - Charlotte, N

About the role

This position supports the Enterprise Counterparty Risk Management (ECRM) organization within the Credit Administration team. It involves daily oversight of counterparty credit risk components across derivatives, securities financing, and trading relationships.

Responsibilities

• Support the monitoring and assessment of counterparty credit risk through daily risk analysis and activities related to agreement controls, including netting reviews, collateral processes, and credit approval frameworks.
• Work closely with partners across Corporate and Investment Banking (CIB) Risk to gain exposure to how credit decisions, contractual terms, credit policies, and system controls influence exposure measurement and risk outcomes.
• Contribute analyses that inform risk-mitigation initiatives and control enhancements.
• Provide independent oversight of counterparty risk across derivatives and securities financing activities, including validating contractual enforceability, supporting ongoing reviews of netting and collateral frameworks, and monitoring exposure changes and counterparty creditworthiness.
• Partner with ECRM, Legal, Negotiators, Markets, and Technology teams to understand agreement structures, risk drivers, data dependencies, and portfolio-specific factors that influence exposure measurement and credit approvals.
• Support the review of counterparty credit decisions, evaluating adherence to limit approvals and ensuring exposure, credit limits, internal grades, collateral, and contractual attributes are accurately reflected.
• Contribute to the development and maintenance of risk metrics, including control exceptions and enforceability indicators used in committee materials and senior-level reporting.
• Assist with enhancements to counterparty credit risk methodologies, support new product rollouts and system changes by participating in UAT, validate data for new credit-system enhancements, and help resolve data discrepancies.
• Proactively identify emerging exposure, documentation, or control issues and escalate through appropriate channels.
• Participate in working sessions and cross-functional meetings, providing insights on exposure changes, agreement updates, or control performance for senior risk officers.
• Support senior officers during periods of elevated market activity by assessing exposure movements, gathering counterparty data quickly, and communicating findings to leadership.

Requirements

• 2+ years of market risk, Capital Markets, desk analyst, trading, interest rate risk or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• Bachelor’s degree in Finance, Economics, Business, or a related field.
• Experience with SQL (or similar query languages) to obtain and analyze data.
• Proficiency with MS Office, particularly Excel and PowerPoint, with the ability to learn internal risk-system applications.
• Strong attention to detail and clear written and verbal communication skills.

Qualifications

• High School/GED.