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- Tasks: Manage counterparty credit risk and oversee complex derivatives portfolios.
- Company: Leading global financial services firm with a dynamic risk function.
- Benefits: Competitive salary, career progression, and exposure to senior leadership.
- Why this job: Shape risk frameworks and make an impact in a high-visibility role.
- Qualifications: 12-15+ years in market risk with strong derivatives expertise.
- 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.
- 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 Slough 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 Slough
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector, especially those involved 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 impress your interviewers.
✨Tip Number 3
Showcase your expertise! During interviews, be ready to discuss specific examples of how you've managed counterparty exposures or developed risk frameworks. This will demonstrate your hands-on experience and problem-solving skills.
✨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 Slough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Counterparty Credit Risk Manager role. Highlight your extensive experience in market risk and derivatives, and don’t forget to showcase your skills in Python, SQL, and Excel. We want to see how your background aligns with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your expertise in risk management can contribute to our team. Be sure to mention your experience with structured products and your ability to engage with senior stakeholders.
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your impact in previous roles. Whether it’s enhancing risk methodologies or successfully managing counterparty exposures, we want to see how you’ve made a difference in your past positions.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people. Plus, it shows you’re serious about joining our team!
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 you've worked with and how you've managed counterparty exposures in the past. This will show that you have the expertise needed for the role.
✨Prepare for Stakeholder Scenarios
Think about how you would engage with various stakeholders, from trading teams to senior leadership. Prepare examples of how you've successfully communicated complex risk concepts and influenced decision-making in previous roles. This will demonstrate your ability to collaborate effectively.
✨Showcase Your Risk Methodology Skills
Be ready to discuss your experience in developing risk frameworks and methodologies. Highlight any specific projects where you enhanced stress testing approaches or challenged risk appetites. This will illustrate your proactive approach to risk management.
✨Familiarise Yourself with Regulatory Standards
Understand the key regulatory requirements relevant to counterparty credit risk. Be prepared to discuss how you've ensured compliance in your previous roles, as this is crucial for the position. Showing that you’re up-to-date with regulations will set you apart.