Manager, Credit Risk

ICE; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Credit Risk Manager to join their Risk Oversight Department. This pivotal role involves managing counterparty risk, enhancing risk management tools, and ensuring compliance with regulations. The ideal candidate will possess a strong analytical background, with experience in financial services and an understanding of credit risk models. You'll engage with various stakeholders, produce detailed risk reports, and contribute to the development of risk management processes. If you're detail-oriented and results-driven, this opportunity is perfect for you.

Qualifications

• Experience in Financial Services Credit Risk Management or similar analytical roles.
• Strong understanding of financial statements and key market indicators.

Responsibilities

• Oversight of production of risk reports and dashboards for stakeholders.
• Conduct counterparty onboarding and ensure compliance with eligibility criteria.

Skills

Credit Risk Management

Financial Analysis

Communication Skills

Analytical Skills

Understanding of Financial Statements

Education

Bachelor’s Degree in Finance

Master’s Degree in Finance

Tools

Excel

SQL

Tableau

Job description

Join to apply for the Manager, Credit Risk role at ICE.

Job Purpose

The Credit Risk Manager is part of the Risk Oversight Department within the second line of defense with specific responsibilities within ICEU. The candidate will be a key member of the team responsible for counterparty risk management, including carrying out all aspects of the day-to-day risk management duties and assisting in developing and implementing enhancements to the risk management tools, models, and processes. The clearing house faces different types of companies as counterparties, including banks, corporates, brokers, and futures commission merchants, among others.

Responsibilities

1. Oversight of production of risk reports and dashboards for committees and stakeholders.
2. Produce detailed counterparty credit risk reviews and provide recommendations.
3. Conduct counterparty onboarding and ensure compliance with eligibility criteria.
4. Understand internal credit scoring risk drivers and analyze financial statements.
5. Engage with external counterparties for credit reviews and business updates.
6. Prepare and present materials for credit review meetings.
7. Monitor risk metrics using data sources, models, and tools; explain incidents supported by facts.
8. Ensure compliance with rules, policies, and procedures.
9. Assist with information requests from auditors, regulators, etc.
10. Contribute to the development or improvement of tools, models, and processes.

Knowledge And Experience

• Bachelor’s, Master’s, or advanced degree in finance, mathematics, or related discipline.
• Experience in Financial Services Credit Risk Management or similar analytical roles.
• Strong understanding of financial statements and key market indicators like CDS and shares.
• Experience with credit risk models.
• Knowledge of financial markets, infrastructure, and regulations.
• Analytical, detail-oriented, and results-driven.
• Effective communication skills for senior management interaction.
• Intermediate Excel; SQL and Tableau are desirable.
• Experience in a Clearing House or related field is preferred but not essential.