Counterparty Risk & Credit Leader — Relocation + Equity

US Health Partners, LLC; New York (NY); On-site; USD 150,000 - 250,000; Full time

Benefits offered by this job

Relocation support

Visa support

MacBook + AirPods

Lunch benefit

Gym benefit

Beautiful office in the heart of the a

4x on-/offsites per year

Annual development budget

401(k) retirement plan

Job summary

Augustus Bank is building a world-class risk function in the US to support a growing global bank. The role focuses on counterparty risks from BaaS relationships, partnerships and future credit offerings, with emphasis on risk assessments, monitoring, and reporting.

You own the core tasks across onboarding, due diligence, and risk metric development, working with IT, security, compliance, credit, finance and legal to ensure sound decisions and robust governance.

Qualifications

• 5+ years of experience in counterparty risk management, credit risk, or a related risk function.
• Experience working in fast paced environments with a high level of agency and ownership, ideally blending Fintech and Bank experience.
• Located in New York area or willing to relocate.

Responsibilities

• Inventory: maintaining the client inventory and running the quarterly reconciliation against payment and contracting data.
• Onboarding: running new client and partner relationships through intake and onboarding.
• Initial & Ongoing Due Diligence: executing initial due diligence at onboarding and ongoing due diligence on the recurring schedule for existing client and partner relationships.
• SME Reviews: collaborating with subject matter experts across Information Technology, Information Security, BSA/AML & OFAC, Compliance (Consumer & Regulatory), Credit, Finance, and Legal.
• Fourth Party Due Diligence: extending due diligence downstream to critical fourth parties, where required.
• Client risk management: developing credit, concentration, liquidity and other financial risk metrics and ongoing monitoring and reporting of the same.

Skills

Counterparty risk management

Credit risk

Stakeholder collaboration

Ownership mindset

Job description

Augustus Bank is building a world-class risk function in the US to support a growing global bank. The role focuses on counterparty risks from BaaS relationships, partnerships and future credit offerings, with emphasis on risk assessments, monitoring, and reporting.

You own the core tasks across onboarding, due diligence, and risk metric development, working with IT, security, compliance, credit, finance and legal to ensure sound decisions and robust governance.