eFinancialCareers
Counterparty Credit Risk Manager VP
City of London
Hybrid (3/2 split)
Permanent
£90k – £110k
cer Financial are working alongside an exciting, mid-tier bank, who are based in the City of London. They are seeking a Counterparty Credit Risk Quant – Vice President to work with them on a permanent basis.
The responsibilities of the Counterparty Credit Risk Manager VP will include:
· Led Trading Credit Risk management across London and EMEA, ensuring timely risk decisions and regional oversight
· Managed and enhanced Trading Credit Risk Appetite, monitoring, reporting, and governance frameworks
· Oversaw daily counterparty risk monitoring, exposure analysis, and escalation of key risk drivers
· Contributed to Credit & Counterparty Risk Committees with risk reporting, commentary, and recommendations
· Maintained and enhanced risk policies, procedures, and governance frameworks in line with BCBS guidelines
· Worked closely with Front Office, senior stakeholders, and regional entities to ensure consistent risk management practices
· Automated exposure monitoring and reporting processes to improve efficiency and controls
· Reviewed and approved trading credit risk documentation, including ISDA/CSA, GMRA, GMSLA, and MSFTA agreements
· Managed large derivatives, fixed income, and securities financing portfolios across EMEA
· Provided leadership, mentoring, and support to junior trading credit risk staff
The successful candidate will have:
· 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 visualisation 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
To apply for this job please visit www.reed.co.uk.
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