Responsibilities
- Oversight of production of daily and periodic risk reports/dashboards for committees and other internal and external stakeholders.
- Produce detailed counterparty credit risk reviews based on quantitative and qualitative analysis and deliver recommendations for credit risk management with counterparties.
- Conduct counterparty onboarding process against the clearing membership or counterparty eligibility criteria.
- Understand the internal credit scoring risk drivers including market driven data and analysis of financial statements and accounts.
- Meet with external counterparties to conduct credit reviews, keep up to date with ongoing business development and deal with topical issues.
- Prepare and present materials and agenda for the credit review meetings.
- Monitor metrics and events through daily news and data sources, by running quantitative models and internally developed tools; explaining incidents or exceptions supported by facts. Close technical discussions with the quantitative team.
- Ensure disciplined compliance with rules, policies and procedures, with clear understanding of the requirements in the scope of the processes within the Credit team.
- Assist in fulfilling requests for information and due diligences from auditors, the second line department and regulators among others.
- Contribute to the development or improvement of tools, models and processes through testing, implementation and at times providing input through the development project.
Knowledge and Experience
- Bachelor’s, Master’s or other advanced degree in finance or mathematical or related discipline
- Experience in Financial Services Credit Risk Management or another analytical role.
- Advanced knowledge and understanding of financial statement components and the ability to identify key risk within these statements.
- Understanding of key market indicators such as Credit Default Swaps (“CDS”) and shares.
- Experience working with credit risk models.
- Knowledge of the financial markets, financial market infrastructure and regulatory environment
- Analytical mind with attention to detail; delivers accurate and timely results.
- Pragmatic problem solver, able to manage time and priorities.
- Credibility and communication skills to deal with senior management and business heads.
- Intermediate excel; Desirable skills include SQL and Tableau.
- Experience in a Clearing House or the Clearing business is preferred, but not essential.
