VP Counterparty Risk Governance

About the role

A global investment bank is seeking a Vice President for its Counterparty Risk Governance team. This role focuses on enhancing the firm’s Counterparty Credit Risk (CCR) frameworks and meeting regional regulatory expectations. The position offers high visibility, flexibility, and growth opportunities within a team known for its strong culture and work-life balance.

Responsibilities

• Lead strategic initiatives to enhance and align the firm’s CCR framework across regions, ensuring consistency in limit setting, collateral standards, governance practices, and escalation protocols in line with regulatory expectations.
• Drive the implementation of new products and business initiatives by developing robust CCR controls, governance processes, and system enhancements while coordinating across key stakeholder groups.
• Oversee the development and maintenance of CCR policies, standards, and procedures, ensuring effective communication, training, and consistent application across the organization.
• Monitor counterparty risk limits, risk appetite metrics, and exposure indicators, identifying limit breaches, emerging risks, and coordinating remediation efforts with business and risk partners.
• Enhance CCR reporting, controls, and operational effectiveness through process improvements, data analytics, and AI-enabled solutions while supporting regulatory examinations, audits, and senior management governance activities.

Requirements

• 4–10+ years of experience in a Counterparty Credit Risk Management or Analytics team.
• Bachelor’s degree in Finance, Mathematics, Engineering, Statistics, or a related quantitative discipline; Master’s degree and/or CFA or FRM certification preferred.
• Strong knowledge of Counterparty Credit Risk, capital markets, derivatives products, and key CCR metrics including PFE, EPE, XVA, along with familiarity with ISDA and CSA documentation.
• Experience developing and implementing risk management frameworks, policies, procedures, governance standards, and control environments within large financial institutions.
• Advanced analytical, communication, and presentation skills, with the ability to translate complex risk concepts into clear executive-level materials for senior management, regulators, and auditors.
• Proficiency in Power BI, Excel, and data analytics tools, with an understanding of AI-enabled technologies and their application to risk monitoring, reporting, and process optimization.

Candidates with CCR Governance experience are encouraged to apply.