Counterparty Credit Risk Manager VP

Overview

As Counterparty Credit Risk Manager VP, you will lead trading credit risk across London and EMEA, shaping risk strategy and regional oversight. You will work with Front Office and senior stakeholders to ensure consistent risk practices and regulatory alignment. Your focus includes risk appetite, governance, and automated reporting to strengthen controls. This role offers impact across derivatives, fixed income, and funding activities within an international bank.

Responsibilities

• Lead Trading Credit Risk management across London and EMEA with timely risk decisions
• Enhance Trading Credit Risk Appetite, monitoring, reporting, and governance
• Oversee daily counterparty risk monitoring, exposure analysis, and escalation of key risk drivers
• Contribute to Credit & Counterparty Risk Committees with risk reporting and recommendations
• Maintain and enhance risk policies and governance in line with BCBS guidelines
• Collaborate with Front Office, senior stakeholders, and regional entities for consistent risk practices
• Automate exposure monitoring and reporting processes to improve efficiency
• Review and approve trading credit risk documentation (ISDA/CSA, GMRA, GMSLA, MSFTA)
• Manage large derivatives, fixed income, and securities financing portfolios across EMEA
• Provide leadership, mentoring, and support to junior trading credit risk staff

Key requirements

• Counterparty credit risk management expertise (Potential Exposure, Wrong Way Risk, Stress Testing)
• Strong knowledge of Fixed Income and Derivative products (Bonds, Repos, Derivatives)
• Advanced Excel and basic programming skills for analysis and automation
• Experience with Power BI, Tableau, and data visualization tools
• Credit analysis experience across corporates, financial institutions, hedge funds, NBFIs, and SPVs
• Understanding of collateral, master agreements, and risk mitigation techniques
• Proficient in Excel, PowerPoint, Bloomberg, Prism, GBR, and Power BI dashboards

• Stakeholder engagement and cross-functional collaboration
• Leadership and mentoring of junior staff
• Strong communication and risk-reporting abilities
• Excel (advanced)
• Programming basics for data analysis
• Power BI

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