Senior Counterparty & Credit Risk Manager

Augustus; 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

Office in heart of the city

4x offsites per year

Annual development budget

Job summary

Augustus Bank is building the US team and seeks a senior risk professional to own counterparty risk, onboarding, initial and ongoing due diligence, and fourth-party reviews for BaaS relationships and new products. You will develop risk metrics, monitor concentration and liquidity, and report findings to senior stakeholders.

In the first six months you’ll learn the pipeline, propose enhanced metrics, and take ownership of risk reporting.

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.
• Comfortable working directly with stakeholders across various functions.
• 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 IT, InfoSec, 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

Fast-paced environments

Stakeholder collaboration

Fintech / Bank experience

Job description

Augustus Bank is building the US team and seeks a senior risk professional to own counterparty risk, onboarding, initial and ongoing due diligence, and fourth-party reviews for BaaS relationships and new products. You will develop risk metrics, monitor concentration and liquidity, and report findings to senior stakeholders.

In the first six months you’ll learn the pipeline, propose enhanced metrics, and take ownership of risk reporting.