Counterparty Risk Senior AssociateManager
Counterparty Risk Senior AssociateManager
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$ 100000 - 160000
1 Vacancy
Job Description
The Counterparty Risk Associate/Manager will play a critical role in supporting Neuberger Bermans Counterparty Risk program and framework with additional responsibilities related to Third Party Risk Management (TPRM) and the opportunity to gain exposure to other areas of Operational Risk over time. The Key responsibilities of this role include the review and approval of our trading counterparties maintaining the approved broker list monitoring counterparty exposures across all asset classes and products maintaining policies and procedures for risk review and seizing opportunities to create efficiencies while increasing our capabilities.
This is a highly visible role that requires collaboration across the Risk Group and partnership with Portfolio Managers Research Analysts Global Technology Legal & Compliance Operations and other functional areas. It is expected that you will be able to represent the function in presentations with senior leadership regulators and institutional clients during due diligence reviews.
Responsibilities:
Review and approve new counterparties by performing financial analysis to determine their creditworthiness
Monitor counterparties daily using our counterparty dashboard and produce the daily counterparty exposure report
Maintain and ensure data accuracy of mappings in the counterparty exposure dashboard incorporating new counterparties and third parties into ongoing reviews
Produce ad hoc reporting on counterparty exposures including OTC derivative reports registered fund counterparty exposures private fund exposures and money market sweep vehicles
Perform semiannual and annual reviews of a broad counterparty universe
Maintain all policies and procedures relating to Counterparty Risk
Ensure program enhancements are aligned with industry changes as well as client and regulatory demands
Partner with the Trading Documentation (i.e. ISDA) Team on client onboarding and counterparty management requirements
Partner with Middle Office and Trading teams on counterparty approvals and queries
Participate and contribute to Best reporting / committees
Respond to ad hoc RFP regulatory and audit and due diligence inquiries
Participate in due diligence reviews of counterparties and Third Parties
Oversee the risk assessments and tiering of all new Third Parties ensure ongoing assessments for existing Third Parties
Lead the identification of critical third and fourth parties including counterparties and escalate issues as they arise in the due diligence phase
Assess the financial health and creditworthiness of our significant and critical third parties as part of the due diligence program
Maintain a watch list for third parties flagged for operational weaknesses operational events or issues
Requirements:
Minimum 4 years of direct experience in Counterparty Risk or related experience at another asset management firm global investment bank or comparable financial institution
Working knowledge of financial statement analysis particularly financial institutions ; FRM or CFA a plus
Familiarity with global regulations and guidance related to asset management brokerage and banking industries
Technical understanding of traditional and alternative investment products and strategies
Experience utilizing a Bloomberg terminal; experience with Bloomberg API is a plus
Ability to analyze and work with large data sets; advanced Excel knowledge preferred
Data visualization experience and report creation (Tableau PowerPoint etc. is a plus
Highly motivated detail oriented selfstarter; driven to analyze and dig deeper during counterparty and thirdparty reviews
Demonstrated ability to work with multiple stakeholders and manage competing priorities in a fast paced environment
Confident communicator with the ability to tailor messaging to different constituencies and seniority levels
#LIDD2
#LIHybrid
Compensation Details
The salary range for this role is $100000$160000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employees pay position within the salary range will be based on several factors including but limited to relevant education qualifications certifications experience skills seniority geographic location business sector performance shift travel requirements sales or revenuebased metrics market benchmarking data any collective bargaining agreements and business or organizational needs. This job is also eligible for a discretionary bonus which along with base salary and retirement contributions is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off medical/dental/vision insurance 401(k) life insurance and other benefits to eligible employees.Note: No amount of pay is considered to be wages or compensation until such amount is earned vested and determinable. The amount and availability of any bonus commission production or any other form of compensation that are allocable to a particular employee remains in the Companys sole discretion unless and until paid and may be modified at the Companys sole discretion consistent with the law.
Neuberger Berman is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race creed national origin religion age color sex marital status sexual orientation gender identity disability citizenship status or protected veteran status or any other characteristic protected by local state or federal laws rules or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process please contact .
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Required Experience:
Manager
Employment Type
Full-Time
