Counterparty Credit Risk Specialist

Job description

CCR Portfolio Risk Management has been established to bring together portfolio risk management and oversight and will cover ongoing portfolio monitoring and deep dives, stress testing, wrong way risk, transaction analysis and establishing a Risk Appetite Framework for CCR. It is a dynamic team of risk managers combining both market and product knowledge with complex risk measures. Specific Tasks and Responsibilities: Support on initiatives to align the firm’s CCR framework with industry best practices and regulatory requirements. Serve as a subject matter expert on ECB findings and BCBS guidance regarding CCR. Continuously monitor exposure driving asset classes and credit events in global markets to assess portfolio risks, ensure timely risk insights and proactive risk management. Use market assessments to produce thematic portfolio deep dives including wrong way risk, concentration & correlation risk and Sector/Single Name/Transaction analysis. Leverage and enhance CCR stress testing framework to assess portfolio vulnerabilities and inform daily risk management decisions. Understand the application landscape, key input data, and exposure metrics related to CCR. Use this to identif...