At a Glance
- Tasks: Monitor and manage counterparty exposure in fast-paced trading environments.
- Company: Join Westren Capital, a leading London-based proprietary trading firm in digital assets.
- Benefits: Competitive salary, dynamic work culture, and opportunities for professional growth.
- Other info: Collaborate with diverse teams and tackle real-world financial challenges.
- Why this job: Be at the forefront of risk management in both traditional and digital finance.
- Qualifications: Strong analytical skills, experience with Python or SQL, and knowledge of market structures.
The predicted salary is between 63000 - 77000 £ per year.
Westren Capital is a London-based proprietary trading firm specialising in digital asset markets. Our risk team manages counterparty exposure across centralised and decentralised venues, covering derivatives, volatility strategies, and multi-asset systematic trading. The firm operates across centralized and decentralized markets with an emphasis on execution quality, infrastructure resilience, and disciplined risk management.
The Counterparty Risk Analyst sits within the Trading Risk & Infrastructure Team and works closely with trading, treasury, operations, and quantitative research functions to monitor and manage exposure across brokers, exchanges, clearing venues, banks, and OTC counterparties. The role focuses on safeguarding the firm from counterparty failures, liquidity disruptions, settlement issues, collateral inefficiencies, and operational contagion risks across both traditional finance and digital asset ecosystems.
Responsibilities
- Monitor real-time counterparty exposure across exchanges, brokers, banks, custodians, and OTC trading venues.
- Track collateral utilization, margin requirements, funding concentration, and liquidity fragmentation across portfolios.
- Build internal risk dashboards for counterparty concentration, settlement risk, and exposure stress scenarios.
- Evaluate financial health, operational reliability, and structural risks of trading counterparties.
- Work with trading teams during periods of market stress, volatility spikes, or liquidity dislocations.
- Analyze historical failure events, liquidation cascades, exchange outages, and systemic contagion patterns.
- Coordinate collateral movements and treasury workflows to optimize capital efficiency while minimizing operational risk.
- Assist in onboarding and due diligence processes for new counterparties, brokers, custodians, and exchanges.
- Develop automated alerting systems for withdrawal delays, abnormal spreads, funding anomalies, or solvency concerns.
- Collaborate with quantitative researchers and engineers to integrate counterparty risk signals into execution and allocation systems.
- Produce internal reports covering exposure metrics, stress-test results, concentration limits, and risk recommendations.
- Monitor regulatory developments and infrastructure risks affecting clearing, settlement, and custody ecosystems.
Requirements
- Strong understanding of market structure, derivatives, margin systems, and prime brokerage mechanics.
- Familiarity with exchange microstructure, clearing workflows, and collateral management principles.
- Experience working with Python, SQL, or data analysis tools for monitoring and reporting.
- Understanding of liquidation mechanics, leverage cycles, and systemic risk dynamics in financial markets.
- Ability to interpret balance sheets, liquidity conditions, and operational risk indicators.
- Strong analytical thinking with high attention to detail during fast-moving market conditions.
- Comfortable working in a high-intensity quantitative trading environment with cross-functional teams.
- Prior exposure to crypto markets, OTC trading, or treasury operations is a strong advantage.
- Excellent written and verbal communication skills with the ability to summarize complex risks clearly.
Counterparty Risk Analyst - Trading Risk & Infrastructure Team employer: Westren Capital
Westren Capital is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets collaboration. As a Counterparty Risk Analyst, you'll benefit from a culture that prioritises employee growth and development, with opportunities to engage in cutting-edge projects within both traditional and digital asset markets. The firm fosters a supportive atmosphere, encouraging teamwork across departments to ensure a rewarding and meaningful career path.
StudySmarter Expert Advice🤫
We think this is how you could land Counterparty Risk Analyst - Trading Risk & Infrastructure Team
✨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 Westren Capital. 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 Risk Analyst - Trading Risk & Infrastructure Team
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 Westren Capital.
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 Westren Capital'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 Westren Capital
✨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 Westren Capital.
✨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 Westren Capital 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 Westren Capital 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.
