Manager - Counterparty Credit Risk - Governance & Strategy

A banking services company in New York City is currently seeking an experienced professional to join their staff as their new Manager - Counterparty Credit Risk.

Responsibilities:
The Manager - Counterparty Credit Risk will:

• Perform and maintain gap analysis of firm's Counterparty Credit Risk framework against SR 11-10
• Review New Product Committee memos and provide Counterparty Credit Risk comments
• Review and monitor risk appetite statement and key risk indicators
• Drive discussions on any enhancements to risk appetite statement, key risk indicators and formalize approvals
• Drive discussions to track/prioritize/resolve CCR issues (with analytics team, model validation, IT/systems, and other stake holders) to enhance CCR Framework
• Facilitate discussions with stakeholders for enhancing and finalizing stress testing scenarios
• Lead projects and strategic initiatives to continuously enhance CCR Framework to implement Target Operating Model
• Represent CCR team in any firmwide initiatives, participate in UAT and perform any impact analysis; facilitate CCR management approvals
• Facilitate discussion among various stakeholders (Risk Analytics, CCR Analytics, Model validation, Internal Audit, Credit Review and FO stakeholders) for any CCR related items
• Lead discussions and facilitate material for internal (internal audit or Credit Risk review) or external (Regulatory) exams
• Liaise with various groups within Capital Markets for the quick resolution of credit exposure-related issues
• Perform other duties, as needed

Qualifications:

• 5+ years of experience in Counterparty Credit Risk, Market Risk, and/or other Risk-related functions
• Bachelor's and/or Master's Degree in Computer Science, Engineering, Finance, Mathematics, Physics, and/or Statistics
• Good knowledge and understanding of Capital Markets, derivatives products, and derivatives valuation/PFE calculation
• Solid understanding of xVA calculations such as CVA, DVA, FVA, KVA, MVA, etc.
• Strong IT skills required - Power BI, Excel, Python etc.
• Solid analytical, mathematical, and research skills
• Great interpersonal skills
• Excellent communication skills (written and verbal)
• Strong attention to detail
• Highly organized

Desired Skills:

• Progress towards CFA and/or FRM certification