Counterparty Credit Risk Manager, Prime Brokerage & Clearing, VP
Boston, New Jersey, United States of America
Full Time
3 hours ago
$120,000 - $202,500 USD
Visa Sponsor
Key skills
Risk ManagementNegotiation
About this role
Role Overview
Provide global independent credit risk oversight of credit exposures across Prime Brokerage and Clearing activities including risk identification, risk measurement, risk controls and limits, documentation and risk monitoring and reporting
Lead the negotiation of legal agreements and supporting documentation
Authorize trades for counterparties across products based on pre trade stress analysis and risk appetite
Improve credit risk governance and monitoring practices for Prime Brokerage and Clearing risk management
Contribute to enhancing CCR limit framework and risk management systems to support new business products and initiatives
Develop good working relationships with traders and business analysts within SSM and other business units, and with support functions and technology departments
Degree/Post-graduate degree in relevant and/or quantitative subjects
Minimum of 7+ years of hands-on industry experience with in-depth knowledge of Prime Brokerage and Clearing counterparty credit risk management at a large banking institution
Ability to provide prototype implementations and work closely with IT and other groups
Benefits
retirement savings plan (401K) with company match
insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
paid-time off including vacation, sick leave, short term disability, and family care responsibilities
access to our Employee Assistance Program
incentive compensation including eligibility for annual performance-based awards