USA Director, Credit RiskCountry: United States of America
Responsibilities
- Responsible for evaluating quantitative and qualitative analysis of counterparty risk
- Participate in due diligence efforts and managing counterparty credit risk to a global portfolio of Hedge Funds, Mortgage Originators, Financial Institutions, Asset Managers, and Private Equity Funds
- Prepare and approve client reviews, credit facilities, specific transactions, and exceptions within delegated credit authority
- Conduct ad hoc portfolio risk analysis of market and events and assess impact on counterparts
- Review new and significant businesses or transactions to ensure proper risk controls
- Development the risk infrastructure for new businesses and contributing to the improvement of risk systems and tools
- Negotiation of documentation, including MRA, MSFTA and FCM
- Collaborate with Operations and Margin Group to resolve credit-exposure related matters
- Monitor counterparty credit exposure and credit utilization
- Ensure the accuracy of key risk measurements
- Maintain Credit Risk Policies and Procedures
Qualifications
- Significant risk/risk-related counterparty credit work experience in banking/financial institutions with expertise in Commercial and Residential Mortgage Originators, alternative funds (hedge funds, private equity and Institutional family office)
- 15+ years of experience in financial services and risk management required
- Strong understanding of the Repo Market and MBS markets
- Sound knowledge and understanding of Capital Markets, derivative products, structured lending and PFE calculation
- Strong understanding of a broad range of financial instruments/asset classes in particular treasuries, MBS, ABS, loans, cleared derivatives and structured products
- Proven ability to provide strong analysis of risk/return trade-offs associated with transactions and counterparts
- Advanced knowledge in risk identification, risk assessment, controls development and reporting
- Developing relationships with key stakeholders within the Broker and across the Bank
- Knowledge and familiarity with SQL and VBA a plus
- Bachelor's degree/University degree or equivalent experience
The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.
$142,500.00 USD
$250,000.00 USD
