Tandym Group
Head of Counterparty Credit Risk Management & Reporting Manager
Tandym Group, New York, New York, us, 10261
A New York City-based banking services organization is currently seeking an experienced professional to join their staff as their new Head of Counterparty Credit Risk Management & Reporting Manager.
Responsibilities:
The Head of Counterparty Credit Risk Management & Reporting Manager will:Review top 20 counterparty exposures and collateral balancesAnalyze stress testing results and enhance existing stress testing frameworkPerform XVA analysis and present in committee meetingsMonitor and review XVA limit frameworkMonitor CCR analytics for large DoD and MoM moves in PFEAnalyze/validate exposures (PFE) for any limit triggers and credit limit breachesPerform credit limit sizing and define maximum tenor limitsProvide month-end commentary for large exposure moves in top 20 exposures, for industry/country exposures, for product exposure analysis across IR, FX and non-derivative transactionsProvide CCR slides for senior management discussion and committees (GRMC, RMC, etc.)Perform wrong way risk analysis for counterparties and enhance existing WWR frameworkPerform other duties, as neededQualifications:
7+ years of experience in counterparty credit risk or market risk or risk related disciplineBachelor's and/or Master's Degree in a Quantitative field (Finance, Mathematics, Engineering, Physics, Computer Science, or Statistics)Strong knowledge and understanding of Capital Markets, derivatives products, and derivatives valuation/PFE calculationSolid understanding of xVA calculations such as CVA, DVA, FVA, KVA, MVA, etc.Experience in working with internal developers, data sourcing teams and external vendors to drive development of CCR analytics, system infrastructure and overall CCR frameworkGood working experience in analyzing stress testing results and enhancing stress testing frameworkStrong technical skills, including Excel/VBA, python, data visualization tools (e.g. Power BI) etc.Solid analytical and problem solving skillsGreat interpersonal skillsExcellent communication skills (written adn verbal)Strong attention to detailHighly organizedDesired Skills:
CFA and/or FRM certification
Responsibilities:
The Head of Counterparty Credit Risk Management & Reporting Manager will:Review top 20 counterparty exposures and collateral balancesAnalyze stress testing results and enhance existing stress testing frameworkPerform XVA analysis and present in committee meetingsMonitor and review XVA limit frameworkMonitor CCR analytics for large DoD and MoM moves in PFEAnalyze/validate exposures (PFE) for any limit triggers and credit limit breachesPerform credit limit sizing and define maximum tenor limitsProvide month-end commentary for large exposure moves in top 20 exposures, for industry/country exposures, for product exposure analysis across IR, FX and non-derivative transactionsProvide CCR slides for senior management discussion and committees (GRMC, RMC, etc.)Perform wrong way risk analysis for counterparties and enhance existing WWR frameworkPerform other duties, as neededQualifications:
7+ years of experience in counterparty credit risk or market risk or risk related disciplineBachelor's and/or Master's Degree in a Quantitative field (Finance, Mathematics, Engineering, Physics, Computer Science, or Statistics)Strong knowledge and understanding of Capital Markets, derivatives products, and derivatives valuation/PFE calculationSolid understanding of xVA calculations such as CVA, DVA, FVA, KVA, MVA, etc.Experience in working with internal developers, data sourcing teams and external vendors to drive development of CCR analytics, system infrastructure and overall CCR frameworkGood working experience in analyzing stress testing results and enhancing stress testing frameworkStrong technical skills, including Excel/VBA, python, data visualization tools (e.g. Power BI) etc.Solid analytical and problem solving skillsGreat interpersonal skillsExcellent communication skills (written adn verbal)Strong attention to detailHighly organizedDesired Skills:
CFA and/or FRM certification