VP Counterparty Credit Risk - London, United Kingdom,


As a Counterparty Credit Risk Manager your main responsibilities will be

  • Perform the admission process of structured transactions including Derivatives, Securities Financing and Long Settlement Transactions.
  • The analysis, admission and ongoing monitoring of Structured Product Risk transactions.
  • A prime focus is on the assessment of the suitability of illiquid collateral, the required level of haircuts and the existence of wrong way risk.
  • The analysis of risk exposures (REC) on Structured Products.
  • Deputising for the Head of at appropriate committees and forums, therefore a high level of methodological, technical and systems expertise are required.
  • Development and ongoing maintenance of the CCR Normative tree (e.g. policies and procedures) and the existing admission frameworks to facilitate trading.

Minimum skills and experience required

  • In depth CCR product knowledge (derivatives, stock lending and repo), collateral management methodology and legal/documentation issues to allow the risk factors to be thoroughly identified and understood
  • Technical minded individual with an understanding of governance processes
  • Self-independent with the ability to work with wider functions
  • Ability to communicate with senior stakeholders including wider group functions
  • Excel / VBA knowledge required. Python or Matlab knowledge is desirable