At a Glance
- Tasks: Monitor and report on Counterparty Credit Risk, ensuring compliance and supporting risk management objectives.
- Company: Join a leading financial institution with a commitment to innovation and flexibility.
- Benefits: Generous pension, performance bonuses, share schemes, and 30 days holiday.
- Other info: Flexible hybrid working and excellent career growth opportunities await you.
- Why this job: Make a real impact in risk management while developing your analytical skills.
- Qualifications: 5+ years in Market/Counterparty Credit Risk and strong analytical skills required.
The predicted salary is between 93087 - 103430 £ per year.
End Date: Monday 27 April 2026
Salary Range: £93,087 - £103,430
Location(s): London or Birmingham
HOURS: Full-time
WORKING PATTERN: Our work style is hybrid, which involves spending at least three days per week, or 60% of our time, at one of our office sites.
The Counterparty Credit Risk (CCR) Manager will be primarily responsible for the monitoring, control & reporting functions covering the Bank’s Traded Counterparty Credit Risk portfolio. This role ensures compliance with internal risk frameworks & Chief Credit Office policies while supporting the organization’s risk management objectives.
We support flexible working – click here for more information on flexible working options.
Flexible Working Options: Hybrid Working, Job Share
Responsibilities:
- Operate CCR Exception control reports ensuring that CCR exposures are within Credit appetite limits and trading conditions are within Credit Policy Appetite.
- Manage all outstanding control exceptions, escalating to Credit Officers/Coverage and Front Line to ensure timely remediation.
- Production of daily/weekly/monthly CCR reports to a wide range of internal stakeholders (FI Credit, Corporate Credit, Enterprise Credit Risk, LBCM Credit, Front Line).
- Perform routine and adhoc analysis of moves in macroeconomic risk factors and their impact on the Traded Product Portfolio Risk Profile.
- Support the team’s Internal and regulatory (TWD, 4YOP, SWES) stress testing submissions.
- Work closely with Credit Officers and offer them the tools, analytics and insight necessary to perform a timely and robust CCR oversight (e.g. PFE limit monitoring, Settlement Risk limit monitoring, Credit Policies Adherence monitoring).
- Work with CCR and System Change Teams on a variety of different projects and activities (e.g. internal reporting & control enhancements, Regulatory Submissions).
- Give a positive contribution to the success of the governance and business management of the wider FI Credit Team.
Skills:
- Minimum of 5 years Market/Counterparty Credit Risk experience.
- Good understanding of Counterparty Credit Risk and its interlinkages with Regulatory Capital requirements.
- Higher qualification in an economic or quantitative discipline or equivalent professional qualifications.
- Excellent written/oral communications skills - in particular, an ability to communicate technical ideas to a diverse audience.
- Proactive and show initiative, ensuring End-To-End completion of tasks.
- Analytical & Attention to Detail skillset, particularly with extracting & transforming large datasets.
- PowerBI, Python and/or SQL knowledge is preferable.
Benefits:
- A generous pension contribution of up to 15%.
- An annual performance-related bonus.
- Share schemes including free shares.
- Benefits you can adapt to your lifestyle, such as discounted shopping.
- 30 Days’ holiday, with bank holidays on top.
- A range of wellbeing initiatives and generous parental leave policies.
Counterparty Credit Risk Manager - Market Risk employer: Dormont Manufacturing Co
As a Counterparty Credit Risk Manager at our London or Birmingham office, you will join a dynamic and inclusive work culture that prioritises employee wellbeing and professional growth. With flexible working options, a generous pension contribution, and a commitment to fostering talent through various development initiatives, we ensure that our employees thrive both personally and professionally. Our focus on collaboration and innovation makes us an excellent employer for those seeking meaningful and rewarding careers in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Counterparty Credit Risk Manager - Market Risk
✨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 Dormont Manufacturing Co. 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 - Market Risk
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 Dormont Manufacturing Co.
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 Dormont Manufacturing Co'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 Dormont Manufacturing Co
✨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 Dormont Manufacturing Co.
✨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 Dormont Manufacturing Co 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 Dormont Manufacturing Co 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.