VP, Counterparty Credit Risk
A growing international bank is seeking a VP Counterparty Credit Risk professional to support the oversight and management of derivative and financing transaction exposures across a diverse counterparty portfolio.
This position sits within the Counterparty Credit Risk portfolio analysis function and is responsible for leading the firm's stress testing and CCAR-related activities. The role focuses on assessing how counterparty credit exposures behave under stressed market conditions, enhancing risk methodologies, and delivering actionable insights to senior management and risk committees. Working closely with teams across Risk, Finance, Quantitative Analytics, and the Front Office, the successful candidate will help drive regulatory readiness while translating complex risk analytics into clear business recommendations.
The ideal candidate will have at least 4 years of experience in a CCR team within a consulting firm or investment bank. With a strong understanding of OTC derivatives, exposure measurement methodologies, and collateral management. They should possess knowledge of key CCR concepts including PFE, EPE, CVA, XVA, and Wrong-Way Risk, along with the ability to analyze complex risk exposures across trading portfolios. Strong analytical, communication, and stakeholder management skills are essential, as this role partners closely with Front Office, Market Risk, Quantitative, and other risk teams.
Responsibilities:
- Monitor and analyze counterparty credit exposure across OTC derivatives, securities financing transactions, and related trading activities.
- Assess key CCR metrics including PFE, EPE, CVA, and collateral utilization to identify and escalate emerging risks.
- Perform counterparty and portfolio-level risk analysis, including Wrong-Way Risk assessments and stress testing.
- Partner closely with Front Office, Credit Risk, XVA, and Risk Management teams to support risk decisions and reporting.
Qualifications:
- 4+ years of experience in Counterparty Credit Risk, Credit Risk, or a related market risk function.
- Strong understanding of OTC derivatives, exposure measurement methodologies, and collateral management.
- Knowledge of key CCR concepts such as PFE, EPE, CVA, XVA, and Wrong-Way Risk.
- Strong analytical and stakeholder management skills with the ability to work across trading and risk teams.
FAQs
Congratulations, we understand that taking the time to apply is a big step. When you apply, your details go directly to the consultant who is sourcing talent. Due to demand, we may not get back to all applicants that have applied. However, we always keep your CV and details on file so when we see similar roles or see skillsets that drive growth in organisations, we will always reach out to discuss opportunities.
Yes. Even if this role isn’t a perfect match, applying allows us to understand your expertise and ambitions, ensuring you're on our radar for the right opportunity when it arises.
We also work in several ways, firstly we advertise our roles available on our site, however, often due to confidentiality we may not post all. We also work with clients who are more focused on skills and understanding what is required to future-proof their business.
That's why we recommend registering your CV so you can be considered for roles that have yet to be created.
Yes, we help with CV and interview preparation. From customised support on how to optimise your CV to interview preparation and compensation negotiations, we advocate for you throughout your next career move.