Credit Risk Analyst

TP ICAP; New York (NY); Hybrid; USD 105,000 - 115,000; Full time

Job summary

A leading global provider of market infrastructure seeks a Credit Risk Analyst in New York. This role involves managing credit and market risk across the Americas, monitoring credit limits, and collaborating with various teams to ensure compliance with regulations while contributing to new business initiatives. Candidates should have strong analytical skills and knowledge in market and credit risk.

Qualifications

• Solid analytical and numerical skills required.
• Experience with emerging and developed markets desired.
• Knowledge of securities across asset classes is essential.

Responsibilities

• Assist in managing credit and market risk in the Americas region.
• Monitor and escalate potential margin call exposure.
• Deliver accurate and timely risk reporting to stakeholders.

Skills

Analytical skills

Numerical skills

Market risk knowledge

Credit risk knowledge

Education

Degree in accounting, finance, or a quantitative discipline

Tools

Visual Basic (VB)

R

Python

SQL

Job description

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world's leading provider of OTC data, and an award winning all-to-all trading platform.

The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong. We work as one to achieve our vision of being the world's most trusted, innovative, liquidity and data solutions specialist.

Role Overview

As a key member of our risk management team, you will assist in managing credit and market risk across the Americas region. Your responsibilities will include monitoring credit limits, counterparty exposures, and pre-trade credit limits, ensuring alignment with our risk appetite. You will collaborate with the Client Lifecycle team, front office, brokers, and support functions to manage risk limits, monitor market intelligence, and address emerging threats. Additionally, you will contribute to new business initiatives, provide timely risk reporting, and uphold internal policies to maintain our high standards of service and compliance. This role requires strong analytical skills, market and credit risk knowledge, and the ability to apply credit risk management principles using market risk principles.

Role Responsibilities

• Assist in managing credit and market risk in the Americas region, escalating breaches or material issues appropriately.
• Ensure credit limits align with risk appetite levels, considering the interaction of lower and higher-level limits.
• Monitor counterparty limit utilization and outstanding trades, and assist in managing limit exception requests, including risk-based credit limits.
• Monitor pre-trade credit limits and exposure on electronic trading platforms, assisting in reporting and attestation procedures.
• Collaborate with the Group's clearing firms to approve, implement, and amend exchange-traded limits.
• Monitor and escalate the Group's potential margin call exposure for exchange-traded and centrally cleared products.
• Work closely with the Client Lifecycle team on client rating changes and amendments to broking and risk limits, including financial statement analysis.
• Deliver accurate and timely risk reporting to stakeholders and build relationships with the front office, brokers, and support functions.
• Closely monitor market intelligence, hot spots, and emerging threats, ensuring departmental tasks meet expected standards.
• Represent the department in meetings and other communications, ensuring adherence to internal policies and contributing to new business initiatives and projects.

Experience / Competencies :

• Solid analytical and numerical skills.
• Market risk knowledge for dealing with securities across asset classes.
• Credit risk knowledge for managing credit exposure at an institutional level.
• Experience with emerging markets, developed markets, equity, fixed income, and listed derivatives.
• Solid background in coding, with experience in platforms such as Visual Basic (VB), R, Python, and SQL.
Role Band & Level :

Group Overview

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world's leading provider of OTC data, and an award winning all-to-all trading platform.

The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong. We work as one to achieve our vision of being the world's most trusted, innovative, liquidity and data solutions specialist.

Role Overview

As a key member of our risk management team, you will assist in managing credit and market risk across the Americas region. Your responsibilities will include monitoring credit limits, counterparty exposures, and pre-trade credit limits, ensuring alignment with our risk appetite. You will collaborate with the Client Lifecycle team, front office, brokers, and support functions to manage risk limits, monitor market intelligence, and address emerging threats. Additionally, you will contribute to new business initiatives, provide timely risk reporting, and uphold internal policies to maintain our high standards of service and compliance. This role requires strong analytical skills, market and credit risk knowledge, and the ability to apply credit risk management principles using market risk principles.

Role Responsibilities

• Assist in managing credit and market risk in the Americas region, escalating breaches or material issues appropriately.
• Ensure credit limits align with risk appetite levels, considering the interaction of lower and higher-level limits.
• Monitor counterparty limit utilization and outstanding trades, and assist in managing limit exception requests, including risk-based credit limits.
• Monitor pre-trade credit limits and exposure on electronic trading platforms, assisting in reporting and attestation procedures.
• Collaborate with the Group's clearing firms to approve, implement, and amend exchange-traded limits.
• Monitor and escalate the Group's potential margin call exposure for exchange-traded and centrally cleared products.
• Work closely with the Client Lifecycle team on client rating changes and amendments to broking and risk limits, including financial statement analysis.
• Deliver accurate and timely risk reporting to stakeholders and build relationships with the front office, brokers, and support functions.
• Closely monitor market intelligence, hot spots, and emerging threats, ensuring departmental tasks meet expected standards.
• Represent the department in meetings and other communications, ensuring adherence to internal policies and contributing to new business initiatives and projects.

Experience / Competencies :

Essential

Solid analytical and numerical skills.

Market risk knowledge for dealing with securities across asset classes.

Credit risk knowledge for managing credit exposure at an institutional level.

Desired

Degree in accounting, finance, or a quantitative discipline.

Experience with emerging markets, developed markets, equity, fixed income, and listed derivatives.

Solid background in coding, with experience in platforms such as Visual Basic (VB), R, Python, and SQL.

Role Band & Level :

Manager, 6

Annual Salary :

105,000 - $115,000

TPICAP #LI-Hybrid #LI-ASO

Not The Perfect Fit?

Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.

Location

USA - 200 Vesey Street - New York, NY

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Credit Risk Analyst • New York, NY, United States