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- Tasks: Manage counterparty credit risk and enhance risk methodologies in a dynamic financial environment.
- Company: Leading global financial services firm with a focus on innovation and collaboration.
- Benefits: Competitive salary, career progression, and exposure to complex products.
- Why this job: Shape risk frameworks and engage with senior stakeholders in a high-impact role.
- Qualifications: 12-15+ years in market risk, strong knowledge of derivatives, and excellent communication skills.
- Other info: Collaborative environment with opportunities for professional growth.
The predicted salary is between 100000 - 150000 £ per year.
We are partnering with a leading global financial services firm to appoint a Counterparty Credit Risk Manager at Director level. This is a high-impact role within a dynamic and growing risk function, offering broad exposure across complex products and global markets.
This role sits at the heart of the organisation’s market risk oversight, focusing on counterparty exposure across a diverse derivatives portfolio. You will work closely with trading, structuring, and senior stakeholders to ensure robust risk management practices and effective control frameworks. You’ll play a key role in shaping risk methodology, challenging risk-taking activity, and ensuring exposures are appropriately understood, measured, and managed.
Key Responsibilities- Monitor and manage counterparty exposures across a global business, with a focus on OTC and structured derivatives across multiple asset classes.
- Assess complex derivative structures, identify embedded risks, and ensure accurate capture within risk systems.
- Framework Development: Enhance risk methodologies, stress testing approaches, and limit frameworks while actively challenging risk appetite.
- Product Governance: Provide independent risk input on new products and structured solutions.
- Stakeholder Engagement: Partner with front office, structuring, validation, and finance teams to ensure accurate pricing, valuation, and risk representation.
- Reporting & Governance: Deliver clear and insightful reporting to senior leadership, highlighting key risk themes and emerging issues.
- Regulatory Compliance: Ensure adherence to regulatory requirements, including capital, stress testing, and market conduct standards.
- Extensive experience (circa 12–15+ years) in market risk, trading, or structuring within a financial institution.
- Deep understanding of counterparty exposure and risk sensitivities.
- Experience with structured and/or exotic products highly desirable.
- Strong knowledge of risk frameworks, stress testing, and regulatory requirements.
- Proficiency with tools such as Python, SQL, Excel, or BI tools is advantageous.
- Excellent communication skills, with the ability to influence and challenge senior stakeholders.
- Senior, visible role with direct interaction with front office and leadership.
- Broad exposure across asset classes and complex products.
- Opportunity to shape and influence risk frameworks in a growing business.
- Collaborative, high-performing environment with strong career progression potential.
Counterparty Credit Risk Manager - Front Office employer: ETRA Talent
Contact Detail:
ETRA Talent Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Counterparty Credit Risk Manager - Front Office
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to folks on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help land that dream job.
✨Ace the Informational Interview
Set up informal chats with professionals already working in counterparty credit risk or related fields. This is your chance to learn about their experiences and get insider tips. Plus, it shows your genuine interest in the role and can lead to potential referrals!
✨Showcase Your Skills
When you get the chance to meet with hiring managers or during interviews, make sure to highlight your experience with structured products and risk frameworks. Use specific examples to demonstrate how you’ve tackled challenges in the past. We want to see that you can bring value to the team!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Counterparty Credit Risk Manager - Front Office
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your extensive experience in market risk and counterparty exposure. Use keywords from the job description to show that you understand what we're looking for.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've managed counterparty exposures or developed risk frameworks in the past.
Showcase Your Technical Skills: Don’t forget to mention your proficiency with tools like Python, SQL, and Excel. We want to see how you can leverage these skills to enhance our risk methodologies and reporting.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss any important updates!
How to prepare for a job interview at ETRA Talent
✨Know Your Risk Frameworks
Make sure you brush up on your knowledge of risk frameworks and methodologies. Be prepared to discuss how you've applied these in previous roles, especially in relation to counterparty exposure and structured products.
✨Showcase Your Technical Skills
Since proficiency with tools like Python, SQL, and Excel is advantageous, be ready to demonstrate your technical skills. Consider preparing examples of how you've used these tools to assess risks or enhance reporting in past positions.
✨Engage with Stakeholders
Highlight your experience in collaborating with various teams, such as trading and structuring. Prepare specific examples of how you've effectively communicated risk insights to senior stakeholders and influenced decision-making.
✨Prepare for Regulatory Discussions
Given the importance of regulatory compliance in this role, be ready to discuss your understanding of capital requirements and stress testing. Think about how you've ensured adherence to these standards in your previous roles.