At a Glance
- Tasks: Lead trading credit risk management and enhance risk frameworks across London and EMEA.
- Company: Exciting international bank located in the City of London.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Join a collaborative team with a focus on innovation and efficiency.
- Why this job: Make impactful decisions in a dynamic environment while mentoring junior staff.
- Qualifications: Expertise in counterparty credit risk management and strong knowledge of financial products.
The predicted salary is between 63000 - 77000 £ per year.
City of London
Hybrid (3/2 split)
Permanent 90 - 110k
cer Financial are working alongside an exciting international bank, who are based in the City of London. They are seeking a Counterparty Credit Risk Manager VP to work with them on a permanent basis.
The responsibilities of the Counterparty Credit Risk Manager VP will include:
- Led Trading Credit Risk management across London and EMEA, ensuring timely risk decisions and regional oversight
- Managed and enhanced Trading Credit Risk Appetite, monitoring, reporting, and governance frameworks
- Oversaw daily counterparty risk monitoring, exposure analysis, and escalation of key risk drivers
- Contributed to Credit & Counterparty Risk Committees with risk reporting, commentary, and recommendations
- Maintained and enhanced risk policies, procedures, and governance frameworks in line with BCBS guidelines
- Worked closely with Front Office, senior stakeholders, and regional entities to ensure consistent risk management practices
- Automated exposure monitoring and reporting processes to improve efficiency and controls
- Reviewed and approved trading credit risk documentation, including ISDA/CSA, GMRA, GMSLA, and MSFTA agreements
- Managed large derivatives, fixed income, and securities financing portfolios across EMEA
- Provided leadership, mentoring, and support to junior trading credit risk staff
The successful candidate will have:
- Counterparty credit risk management expertise (Potential Exposure, Wrong Way Risk, Stress Testing)
- Strong knowledge of Fixed Income and Derivative products (Bonds, Repos, Derivatives)
- Advanced Excel and basic programming skills for analysis and automation
- Experience with Power BI, Tableau, and data visualisation tools
- Credit analysis experience across corporates, financial institutions, hedge funds, NBFIs, and SPVs
- Understanding of collateral, master agreements, and risk mitigation techniques
- Proficient in Excel, PowerPoint, Bloomberg, Prism, GBR, and Power BI dashboards
Counterparty Credit Risk Manager VP in London employer: cer Financial
As a leading tax, accountancy and business advisory firm based in London, we pride ourselves on fostering a dynamic work culture that prioritises employee growth and development. Our commitment to excellence is reflected in our supportive environment, where you will have the opportunity to manage high-net-worth clients while mentoring junior team members, ensuring both personal and professional advancement. With competitive salaries and a focus on work-life balance, we offer a rewarding career path for those looking to make a meaningful impact in the field of taxation.
StudySmarter Expert Advice🤫
We think this is how you could land Counterparty Credit Risk Manager VP in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like cer Financial. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Counterparty Credit Risk Manager VP in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to cer Financial.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on cer Financial's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at cer Financial
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with cer Financial.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at cer Financial will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former cer Financial employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
