Candidate profile details:

• Years of experience: 3-6 years
• Interaction with Stakeholders: 20-30%
• Team Size: 6
• Project: will work on production tasks, further projects will mostly be assigned
• Selling Point of the position: possibility of extension and conversion to full-time
• How will performance be measured: accuracy, feedback from stakeholders/team members
• Best vs Average Candidate: someone who has Counterparty Credit Risk exp, capital market risk mgt exp, who has Masters degree or CFA degree, detailed oriented, automation skills

Summary of day-to-day responsibilities:

• Reporting to the Group Manager, Counterparty Credit Risk, this position plays a key role in the establishment and rollout of credit analytics across The Bank.
• The successful candidate will:
o Build a detailed understanding of the various derivative and financing businesses which Market Risk & Counterparty Analytics supports.
o Provide ad-hoc support to Front Office and Credit Management to facilitate trading of existing and new products.
o Review daily counterparty credit risk exposures and investigate any credit anomalies.
o Perform daily analysis of potential future exposure and various capital measures.
o Provide credit related subject matter expertise for a high number of ongoing strategic initiatives with the Firm.
o Provide ad-hoc data mining and risk reporting when required in support of internal or external requests.
o Perform assessment and monitoring of Counterparty Credit Wrong Way Risk in accordance to the bank’s risk appetite and credit policies.
o Highlight key risks in specific business lines and in the firm as a whole, and provide ongoing commentary on stress results.
o Work closely with the Trading desk, Technology, Finance, Model Development and Credit Management providing expert knowledge and support to ongoing credit risk analytics.
o Act as a subject matter expert for Counterparty Credit Risk Systems.
o Maintain an understanding of regulatory landscape related to risk reporting and capital measures.
o Assist in quantitative aspects of bank’s risk policies involving credit exposures to counterparties.
o Maintain thorough understanding of all key risk and risk-related issues through continual review of risk reports/related data and dialogue with relevant parties.
o Provide assistance to Technology Solutions in model implementation.
o Continuously enhance the methodologies implemented in client’s risk.

Must have:

• 3-6 years prior capital markets work experience primarily focused on counterparty credit risk is required.
• Knowledge of Basel III, FINRA 4210, and emerging regulations.
• Bachelor’s Degree specializing in finance, risk management, or other quantitative discipline.
• Proficient in MS Excel.
• Strong quantitative background and experience producing analytical reports.
• Knowledge in data processing techniques and their application to management control information systems.
• Ability to prioritize multiple tasks and deliver results in a fast-paced environment.

Nice To Have:

• CFA / FRM candidates preferred – working towards CFA/FRM is accepted too.
• A master’s degree in finance, risk management, or other quantitative discipline is an asset