VP Counterparty Risk Governance
A Global Investment Bank, who has recently been growing out their Counterparty Risk team over the last couple of years, is looking to hire a VP level candidate on their Counterparty Risk Governance team to primarily focus on the team's CCR frameworks and regulatory expectations for the region.
This individual will lead development and enhancement of CCR policies as well as representing the group in CCAR and broader stress testing governance activities. This is a growing team that offers high visibility and the ability to be flexible and grow from within.
The firm is targeting individuals with 4+ years of experience in a Counterparty Credit Risk Management or Analytics team. This firm is known for having some of the best culture and work life balance on the street and prides itself on maintaining these standards.
Role Objectives
- Lead strategic initiatives to enhance and align the firm's Counterparty Credit Risk (CCR) framework across regions, ensuring consistency in limit setting, collateral standards, governance practices, and escalation protocols in accordance with regulatory expectations.
- Drive the implementation of new products and business initiatives by developing robust CCR controls, governance processes, and system enhancements while coordinating across key stakeholder groups.
- Oversee the development and maintenance of CCR policies, standards, and procedures, ensuring effective communication, training, and consistent application across the organization.
- Monitor counterparty risk limits, risk appetite metrics, and exposure indicators, identifying limit breaches, emerging risks, and coordinating remediation efforts with business and risk partners.
- Enhance CCR reporting, controls, and operational effectiveness through process improvements, data analytics, and AI-enabled solutions while supporting regulatory examinations, audits, and senior management governance activities.
Qualifications and Skills
- 4-10+ years of experience in Counterparty Credit Risk Management or Analytics team
- Bachelor's degree in Finance, Mathematics, Engineering, Statistics, or a related quantitative discipline; Master's degree and/or CFA or FRM certification preferred.
- Strong knowledge of Counterparty Credit Risk, capital markets, derivatives products, and key CCR metrics including PFE, EPE, XVA, along with familiarity with ISDA and CSA documentation.
- Experience developing and implementing risk management frameworks, policies, procedures, governance standards, and control environments within large financial institutions.
- Advanced analytical, communication, and presentation skills, with the ability to translate complex risk concepts into clear executive-level materials for senior management, regulators, and auditors.
- Proficiency in Power BI, Excel, and data analytics tools, with an understanding of AI-enabled technologies and their application to risk monitoring, reporting, and process optimization.
Any candidates with CCR Governance experience feel free to apply.
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.