VP Counterparty Risk - Cross-Asset Commodities & Derivatives

Confidential; Greater London; On-site; Full time

Job summary

A leading global bank is seeking a VP-level X-Asset Counterparty Risk Manager to join its risk function in London. In this role, you will monitor and manage counterparty credit risk across diverse asset classes, including commodities. The ideal candidate will have experience in counterparty credit risk within a banking environment, strong analytical and problem-solving skills, and the ability to engage with senior stakeholders. This role offers a strong visibility across trading and risk teams, with opportunities for professional development at the VP level.

Qualifications

• Experience in counterparty credit risk within a bank or financial institution.
• Familiarity with key counterparty risk concepts.
• Strong analytical skills with the ability to interpret complex exposures.

Responsibilities

• Monitor and challenge counterparty credit risk exposures across trading portfolio.
• Perform counterparty risk analysis on derivatives and other traded products.
• Engage with regulatory and internal change initiatives affecting counterparty risk management.
• Support the development of methodologies, policies, frameworks, and reporting.

Skills

Experience in counterparty credit risk / CCR / XVA / trading credit risk

Strong product knowledge across multiple asset classes

Good understanding of derivatives and securities financing transactions

Strong analytical and problem-solving skills

Experience engaging with front office and senior stakeholders

Education

Degree educated in a quantitative, financial or related discipline

Job description

A leading global bank is seeking a VP-level X-Asset Counterparty Risk Manager to join its risk function in London. In this role, you will monitor and manage counterparty credit risk across diverse asset classes, including commodities. The ideal candidate will have experience in counterparty credit risk within a banking environment, strong analytical and problem-solving skills, and the ability to engage with senior stakeholders. This role offers a strong visibility across trading and risk teams, with opportunities for professional development at the VP level.