Counterparty Credit Risk Manager

NatWest Group; City of Westminster; On-site; GBP 65,000 - 85,000; Full time

Job summary

A prominent financial institution in the UK seeks a Counterparty Credit Risk Manager to ensure compliance with risk standards, develop risk metrics, and engage with various functions. The ideal candidate will have extensive experience in market risk and a strong understanding of financial products, particularly derivatives. This role promises career advancement in a dynamic environment.

Qualifications

• Extensive experience in a market risk function, with exposure to capital and market or credit risk practices.
• Strong quantitative understanding of financial products, particularly derivatives and repo.

Responsibilities

• Ensure compliance with risk appetite and management standards.
• Develop risk metrics to capture Counterparty Credit Risk.
• Engage with Front Office and Central Risk functions.
• Monitor and document the organization's risk policies.
• Prepare risk limit proposals for senior management.

Skills

Quantitative understanding of financial products

Knowledge of counterparty risk metrics

Strong communication skills

Excel skills

Job description

This is a prominent role that will see you maintaining and developing a strong second line of defence across our Treasury function

With your knowledge and experience, you'll be providing timely, accurate and independent risk information to support our executives

You can build on your existing knowledge of risk, and advance your career in this exciting, fast paced role

What you'll do

As a Counterparty Credit Risk Manager, you'll be making sure that the function's activities comply with our risk appetite and risk management standards. You'll develop and deliver a suite of risk metrics, making sure that these can effectively capture the Counterparty Credit Risk which Treasury manages. Additionally, we'll look to you to make sure that risk information is presented and analysed to fulfil the essential control and risk management requirements for the business to operate.

• Managing the engagement with the Front Office and Central Risk functions to understand their requirements and strategic developments
• Keeping up to date with the regulatory environment in which we operate and helping to assess or implement the changes in our counterparty credit risk management framework
• Maintaining, documenting and monitoring the organisation's policies and approach for your area of risk
• Reviewing and challenging current risk methodologies and portfolio make up
• Preparing market and counterparty credit risk limit proposals for submission to senior management within Treasury and respective Risk functions

We’re looking for someone with extensive experience from within a market risk function, ideally with exposure to capital and market or credit risk practices.

Qualifications

• A strong quantitative understanding of financial products, derivatives and repo in particular
• Knowledge of counterparty risk metrics and capital
• Strong written and verbal communication skills
• Good Excel skills