Counterparty Credit Risk - AVP

Job description

Job Description Purpose of the role: To assess, monitor, and manage the potential for financial loss due to the default of a bank's trading partners Accountabilities: - Monitoring the bank's exposure to each counterparty across different product lines and asset classes. - Analysis of the financial condition and creditworthiness of the bank's counterparties, including corporations, financial institutions, and sovereign entities. - Development and implementation of credit scoring models to quantify counterparty risk. - Conducting stress testing to assess the impact of potential counterparty defaults on the bank's capital and liquidity. - Negotiation and management of collateral agreements with counterparties to mitigate potential losses in case of default. Assistant Vice President Expectations: All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave. - To advise and influence decision making, contribute to policy develo...