USA Director, Counterparty Credit Risk

USA Director, Counterparty Credit Risk

New York, United States of America

Responsibilities

• Responsible for evaluating quantitative and qualitative analysis of counterparty risk
• Participate in due diligence efforts and managing counterparty credit risk to a global portfolio of Hedge Funds, Mortgage Originators, Financial Institutions, Asset Managers, and Private Equity Funds
• Prepare and approve client reviews, credit facilities, specific transactions, and exceptions within delegated credit authority
• Conduct ad hoc portfolio risk analysis of market and events and assess impact on counterparts
• Review new and significant businesses or transactions to ensure proper risk controls

Want more jobs like this?

Get jobs in New York, NY delivered to your inbox every week.

Get Jobs

Send me The Muse newsletters for the best in career advice and job search tips.

By signing up, you agree to our Terms of Service & Privacy Policy.

• Development the risk infrastructure for new businesses and contributing to the improvement of risk systems and tools
• Negotiation of documentation, including MRA, MSFTA and FCM
• Collaborate with Operations and Margin Group to resolve credit-exposure related matters
• Monitor counterparty credit exposure and credit utilization
• Ensure the accuracy of key risk measurements
• Maintain Credit Risk Policies and Procedures

• Significant risk/risk-related counterparty credit work experience in banking/financial institutions with expertise in Commercial and Residential Mortgage Originators, alternative funds (hedge funds, private equity and Institutional family office)
• 15+ years of experience in financial services and risk management required
• Strong understanding of the Repo Market and MBS markets
• Sound knowledge and understanding of Capital Markets, derivative products, structured lending and PFE calculation
• Strong understanding of a broad range of financial instruments/asset classes in particular treasuries, MBS, ABS, loans, cleared derivatives and structured products
• Proven ability to provide strong analysis of risk/return trade-offs associated with transactions and counterparts
• Advanced knowledge in risk identification, risk assessment, controls development and reporting
• Developing relationships with key stakeholders within the Broker and across the Bank
• Knowledge and familiarity with SQL and VBA a plus
• Bachelor's degree/University degree or equivalent experience