CCR (Counterparty credit risk) specialist

Crisil; New York (NY); On-site; USD 180,000 - 240,000; Full time

Job summary

Crisil is seeking a Counterparty Credit Risk (CCR) Specialist to lead oversight across traded risk portfolios, focusing on risk governance and strengthening CCR framework.

The role bridges Front Office, Tech, Quants, and Finance, delivering senior-management insights, surveillance of exposures, and guidance on new trades to align with risk appetite. Strong communication, analytical mindset, and ability to influence senior stakeholders are essential for success.

Qualifications

• 12+ years in CCR / Market Risk with strong derivatives & SFT exposure.
• Strong grasp of PFE, EPE, EAD, collateral/netting, and xVA concepts; ability to interpret model outputs.
• Experience with stress testing, CCAR, and Basel CCR frameworks.
• Leadership & Communication: Proven ability to influence senior stakeholders and lead cross-functional initiatives.
• Mindset: Strong analytical, governance-focused, and control-oriented approach.

Responsibilities

• Portfolio Oversight: Monitor CCR exposures, concentrations, collateral trends, and key counterparty risks.
• Exposure Interpretation: Analyze and explain movements in PFE/EPE/stressed exposures; identify key drivers and limit impacts.
• Pre-Deal Advisory: Partner with Sales & Trading to assess new trades and ensure alignment with risk appetite.
• Risk Appetite & Governance: Maintain limits, triggers, escalation frameworks, and strong control standards.
• Model Engagement: Interpret and challenge CCR model outputs; liaise with Quant teams on enhancements (no model build).
• Stress Testing & CCAR: Lead CCR stress analysis and deliverables for regulatory exercises.
• Executive Reporting: Produce clear, insight-driven materials for senior management and risk committees.
• Transformation: Improve reporting, data quality, and automation across CCR processes.

Skills

CCR / Market Risk experience

PFE / EPE / xVA knowledge

Regulatory stress testing

Leadership & Stakeholder influence

Governance & controls mindset

Job description

Role: – Counterparty Credit Risk (CCR) Specialist

Role Summary

Lead oversight and analysis of counterparty credit risk across traded risk portfolios (example derivatives, SFT). The role focuses on risk management activities including improving the overall CCR framework, advising the business, and strengthening risk governance, acting as a bridge between Front Office, Tech, Quants, and Finance.

Key Responsibilities

• Portfolio Oversight: Monitor CCR exposures, concentrations, collateral trends, and key counterparty risks.
• Exposure Interpretation: Analyze and explain movements in PFE/EPE/stressed exposures; identify key drivers and limit impacts.
• Pre-Deal Advisory: Partner with Sales & Trading to assess new trades and ensure alignment with risk appetite.
• Risk Appetite & Governance: Maintain limits, triggers, escalation frameworks, and strong control standards.
• Model Engagement: Interpret and challenge CCR model outputs; liaise with Quant teams on enhancements (no model build).
• Stress Testing & CCAR: Lead CCR stress analysis and deliverables for regulatory exercises.
• Executive Reporting: Produce clear, insight-driven materials for senior management and risk committees.
• Transformation: Improve reporting, data quality, and automation across CCR processes.

Candidate Profile

• Experience: 12+ years in CCR / Market Risk with strong derivatives & SFT exposure.
• Technical: Strong grasp of PFE, EPE, EAD, collateral/netting, and xVA concepts; ability to interpret model outputs.
• Regulatory: Experience with stress testing, CCAR, and Basel CCR frameworks.
• Leadership & Communication: Proven ability to influence senior stakeholders and lead cross-functional initiatives.
• Mindset: Strong analytical, governance-focused, and control-oriented approach.