Counterparty Credit Risk - Strategic Initiatives

HW3; New York (NY); Hybrid; USD 180,000 - 250,000; Full time

Benefits offered by this job

Hybrid work schedule

Job summary

HW3 in New York City seeks a VP of Counterparty Credit Risk - Strategic Initiatives to lead global CCR framework alignment across regions and regulatory commitments. You will design governance, policy, and reporting enhancements, driving AI-enabled monitoring and executive communications.

The role requires 7+ years in financial risk with derivatives, strong policy drafting skills, and proficiency in Power BI, Excel, and data analytics. Hybrid work arrangements apply.

Qualifications

• 7+ years in financial risk management or risk-taking functions, focusing on Capital Markets and derivatives.
• Strong understanding of Capital Markets, derivatives products, counterparty risk metrics (EPE, PFE, XVA) and ISDA/CSA documents.
• Proven track record drafting risk policies and creating executive-ready PowerPoint decks for senior leadership and regulators.
• High proficiency in Power BI, Excel, Word, and familiarity with data analytics/AI automation tools.
• Bachelor’s or Master’s in Finance, Math, Statistics, or related quantitative field. Progress toward or completion of CFA or FRM preferred.

Responsibilities

• Lead initiatives to align global CCR frameworks across regions (AD/EMEA), collateral standards, limit-setting, and escalation pathways in compliance with regulatory standards (SR 11-10, BCBS).
• Design and implement CCR control frameworks, governance workflows, and technical requirements to enable new products and business lines.
• Manage CCR narratives, presentations, and remediation tracking for regulatory exams and audits; represent CCR in CCAR and enterprise stress testing activities.
• Support daily counterparty limit monitoring, breach investigations, and cross-desk resolutions across derivatives and cash trading.
• Drive integration of AI-driven tools into CCR monitoring and executive reporting.

Skills

Financial risk management

Derivatives expertise

Executive communication

Education

Bachelor’s or Master’s in Finance, Math, Statistics, or related quantitative field

CFA or FRM preferred

Tools

Power BI

Excel

Word

AI automation tools

Job description

VP, Counterparty Credit Risk - Strategic Initiatives

Location: New York, New York

Schedule: Hybrid

Type: Full-Time

We are partnered with a leading global financial institution that is seeking a Vice President join its Counterparty Credit Risk Management division in New York. You will lead strategic initiatives to align and enhance the firm’s Counterparty Credit Risk (CCR) framework across global regions.

Core Responsibilities

• Lead initiatives to align global CCR frameworks across regions (AD/EMEA), collateral standards, limit-setting, and escalation pathways in compliance with regulatory standards (SR 11-10, BCBS).
• Design and implement CCR control frameworks, governance workflows, and technical requirements to enable new products and business lines.
• Manage CCR narratives, presentations, and remediation tracking for regulatory exams and audits; represent CCR in CCAR and enterprise stress testing activities.
• Support daily counterparty limit monitoring, breach investigations, and cross-desk resolutions across derivatives and cash trading.
• Drive integration of AI-driven tools into CCR monitoring and executive reporting.

Required Qualifications

• 7+ years in financial risk management or risk-taking functions, focusing on Capital Markets and derivatives.
• Strong understanding of Capital Markets, derivatives products, counterparty risk metrics (EPE, PFE, XVA) and ISDA/CSA documents.
• Proven track record drafting risk policies and creating executive-ready PowerPoint decks for senior leadership and regulators.
• High proficiency in Power BI, Excel, Word, and familiarity with data analytics/AI automation tools.
• Bachelor’s or Master’s in Finance, Math, Statistics, or a related quantitative field. Progress toward or completion of CFA or FRM preferred.