Counterparty Credit Risk Business Analyst
Counterparty Credit Risk Business Analyst
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Job Summary:
The Counterparty Credit Risk Business Analyst (BA) will play a critical role in assessing analyzing and improving the counterparty risk management processes. The BA will work closely with stakeholders in risk management technology and front office to deliver business solutions analyze counterparty credit exposure and ensure compliance with regulatory and internal standards.
Key Skills and Competencies:
- Strong understanding of counterparty credit risk concepts and metrics (e.g. PFE CVA RWA).
- Familiarity with financial instruments and markets (derivatives repos securities lending).
- Proficiency in data analysis tools (e.g. Excel SQL Python) and risk systems (e.g. Murex Calypso).
- Knowledge of regulatory standards like Basel III SA-CCR and FRTB.
- Excellent analytical problem-solving and communication skills.
- Ability to manage multiple tasks and work effectively in a fast-paced environment.
Qualifications:
- INVESTMENT BANK EXPERIENCE REQUIRED (must be majority of experience)
- Bachelor s degree in Finance Economics Business Administration or a related field.
- Master s degree or professional certifications (e.g. CFA FRM PRM) is a plus.
- 3-7 years of experience in counterparty credit risk risk management or a related field.
- Experience with risk systems and technology implementations is highly desirable.
Key Responsibilities:
Business Analysis:
1. Collaborate with stakeholders to gather document and analyze business requirements related to counterparty credit risk.
2. Translate business requirements into functional specifications for IT teams.
3. Analyze data to evaluate counterparty credit exposure and identify risk mitigation strategies.
4. Work with quantitative teams to validate and enhance risk models (e.g. Potential Future Exposure Credit Valuation Adjustment).
Risk Management:
1. Monitor and assess counterparty credit risks for trading activities including OTC derivatives securities financing and lending.
2. Support the implementation of counterparty credit risk frameworks limits and policies.
3. Contribute to stress testing scenario analysis and backtesting of credit risk models.
Regulatory Compliance:
1. Ensure compliance with global regulatory requirements (e.g. Basel III FRTB SA-CCR).
2. Provide documentation and support for internal audits and regulatory reviews.
Project Management:
1. Lead or participate in projects aimed at enhancing counterparty credit risk systems and processes.
2. Track and report on project milestones risks and deliverables.
Stakeholder Communication:
1. Act as the liaison between business users technology teams and risk management.
2. Present findings proposals and updates to senior management and stakeholders.
Employment Type
Full-time
