Credit Risk Analyst

VanRath; Belfast; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Credit Risk Analyst to join their dynamic team. This role involves managing credit exposures, monitoring financial risk, and ensuring compliance with risk appetite. The successful candidate will leverage their expertise in financial markets and credit risk management to drive process improvements and collaborate with various business units. This position offers an exciting opportunity to contribute to a global leader in market infrastructure, where your skills will directly impact the company's risk management strategies and operational success.

Qualifications

• Proven understanding of counterparty credit risk and delivery-versus-payment transactions.
• Solid experience in traded financial markets and the broking process.

Responsibilities

• Manage monitoring of credit exposures and escalate any breaches proactively.
• Oversee matched principal broking limits and cooperate with internal units.

Skills

Credit Risk Management

Counterparty Credit Risk

Financial Risk Monitoring

Process Improvement

Technical Data Analysis

Job description

VANRATH are delighted to be working with a world leading provider of market infrastructure in their recruitment of a Credit Risk Analyst. Our client are a global business with offices in close to 30 countries and is one of the largest interdealer brokers in the world.

The regional Financial Risk Management Manager will join a small team responsible for the real-time monitoring of the Group's financial risk exposures, as per the relevant Financial Risk Management ("FRM") controls.

Key Responsibilities:

• Managing the monitoring of credit exposures to the Group's cash on deposit, invoiced brokerage receivables and trade exposure to its matched principal broking activity.
• Managing investigation and appropriate escalation of any credit risk breaches, ensuring that issues are identified on a proactive basis with appropriate escalation to internal stakeholders.
• Management of matched principal broking limits, working closely with the business to re-allocate where necessary to enable business flow but maintain risk exposures within appetite. This includes close cooperation with the FRM Client Lifecycle unit that will derive those limits and pass them to Exposure Management to manage.
• Manage the monitoring of the Groups potential margin call and collateral call exposure in real time.
• Provide escalations on a proactive basis when appetite levels are beached and ensure actions are taken by the relevant internal stakeholders to reduce risk to the Group.
• Manage the exchange traded limit setting process by liaising with business units and the Groups General Clearing Members.
• Manage the monitoring of any market risk positions that should arise on a proactive basis, ensuring the relevant escalations when appetite thresholds are breached to achieve prompt resolution.

Essential:

• Robust and able to manage relationships with the business whilst maintaining financial risk exposures within Group risk appetite.
• Proven understanding of counterparty credit risk in reference to delivery-versus-payment transactions. This includes demonstrable experience of MTM and VaR monitoring methodologies.
• Solid experience of traded financial markets, particularly in reference to the broking process. This includes OTC and exchange related activity across multiple asset classes.
• Proven experience in identifying, implementing and ensuring success of any process improvements.
• Excellent technical skills with the ability to harness data from a number of internal systems as part of the financial risk management process.

For further information on this job, or any other Accountancy & Finance job in Belfast or Northern Ireland, apply via the link or contact Robbie Lemon for a confidential chat today.