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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 market risk and derivatives.
- Benefits: Competitive salary, career progression, and exposure to complex products.
- Why this job: Shape risk frameworks and work closely with senior stakeholders in a high-impact role.
- Qualifications: 12-15+ years in market risk or trading, with strong expertise in derivatives.
- Other info: Collaborative culture with opportunities for professional growth.
The predicted salary is between 100000 - 130000 £ 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.
- Enhance risk methodologies, stress testing approaches, and limit frameworks while actively challenging risk appetite.
- Provide independent risk input on new products and structured solutions.
- Partner with front office, structuring, validation, and finance teams to ensure accurate pricing, valuation, and risk representation.
- Deliver clear and insightful reporting to senior leadership, highlighting key risk themes and emerging issues.
- 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.
- Strong expertise in derivatives across multiple asset classes (e.g. FX, Rates, Credit, Commodities, Equities).
- 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 in London 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 in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector, especially those who work in market risk or derivatives. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of counterparty credit risk and derivatives. We recommend creating a cheat sheet with key concepts and recent trends in the industry to help you stand out during discussions.
✨Tip Number 3
Showcase your skills! If you’ve got experience with Python, SQL, or any BI tools, make sure to highlight these in conversations. We want to see how you can bring value to the team, so be ready to discuss specific examples.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our platform.
We think you need these skills to ace Counterparty Credit Risk Manager - Front Office in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Counterparty Credit Risk Manager. Highlight your extensive experience in market risk and derivatives, and don’t forget to showcase your skills in Python, SQL, and Excel!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this high-impact role. Mention your experience with structured products and how you can enhance risk methodologies.
Showcase Your Stakeholder Engagement Skills: In your application, emphasise your ability to engage with senior stakeholders. Share examples of how you've influenced decision-making in previous roles, especially in risk management contexts.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensure it gets the attention it deserves!
How to prepare for a job interview at ETRA Talent
✨Know Your Derivatives Inside Out
Make sure you brush up on your knowledge of derivatives across multiple asset classes. Be prepared to discuss specific products like FX, Rates, and Credit, and how they relate to counterparty credit risk. This will show that you’re not just familiar with the theory but can apply it practically.
✨Demonstrate Your Risk Management Skills
Prepare examples from your past experience where you've successfully managed counterparty exposures or enhanced risk methodologies. Highlight any frameworks you've developed or improved, as this will resonate well with the interviewers looking for someone who can shape their risk practices.
✨Engage with Stakeholders
Since this role involves a lot of collaboration, think about how you’ve effectively communicated with senior stakeholders in the past. Prepare to share instances where you’ve influenced decisions or challenged risk appetites, as this will showcase your ability to work within a team and drive change.
✨Be Ready for Technical Questions
Expect some technical questions around risk analysis and modelling. Brush up on your knowledge of stress testing approaches and regulatory requirements. If you have experience with tools like Python or SQL, be ready to discuss how you’ve used them in your previous roles to enhance risk reporting or analysis.