What are the responsibilities and job description for the Junior Analyst, Counterparty Credit Risk Management position at BizTek People, Inc. | APA International Placement Consultants?
Prestigious international bank seeks AVP, Counterparty Credit Risk Management.
As the business has a
significant growth strategy and expands into new traded products, this is an
exciting time for the group to play a critical role in
1. Portfolio management,
2. Driving and executing new initiatives,
3. Meeting regulatory requirements, and
4. Working to improve risk governance.
Position description -
As an integral part of
Americas Risk Management,
· Responsible for
exposure and portfolio management of counterparties and effective management of
risk in derivative transactions.
· Conduct what-if
analysis on new transactions and counterparty portfolio.
· Utilize what-if
analysis to determine appropriate risk limits and work with credit officers and
with front office to formulate recommendations.
· Play a critical
liaison role with Head Office Credit Departments in Tokyo for timely credit
limit applications and approvals for Japanese Corporate Counterparties and
Interbank Counterparties.
· On an ongoing
basis, analyze counterparty credit exposure on various metrics such as Expected
Positive Exposure, Potential Future Exposure, etc.
· Responsible for
monitoring and reporting of intraday and end of day limits, excesses and
collateral disputes.
· Play a key role
in executing ongoing improvements in data quality and reporting infrastructure.
· Support new
initiatives and projects to enhance portfolio management and exposure
management.
· Play a critical
SME role in working with the Technology group (IT) to guide business
requirements related to new products/enhanced reporting.
· Support ongoing
regulatory requirements/exams on ongoing remediation.
Requirements
· Bachelor’s degree in Finance/Mathematics/Engineering.
· Strong analytical and quantitative background, and
modeling abilities
· Proficiency in VBA and Python
· Minimum 2-3 years of experience in Credit Risk
Management.
· Experience in derivative products/counterparty credit
risk is preferred.
· Excellent written and verbal presentation skills
· Strong attention to detail.
· Ability to work closely with partners, provide
direction and follow-up to get the job done.
· Proficiency in Japanese is preferred
Benefits
Salary : $100