Global Counterparty Credit VP

  • £75,000
  • London, England, United Kingdom
  • Permanent, Full time
  • Saxton Leigh
  • 26 Sep 16

Our client is a leading Corporate/ Investment bank based in the city. They are looking to hire a new VP in the Counterparty Credit team for their London team.

Our client is a leading Corporate/ Investment bank based in the city. They are looking to hire a new VP in the Counterparty Credit team for their London team.

THE RESPONSIBILITIES:

  • Field live pre-trade approval requests from OTC Derivative trading desks, Global Short Term Markets desks, and others; ascertain as to whether the counterparty credit risk from prospective trades would be in compliance with authorized limits/policies; escalate to Credit Risk Management if not
  • Pre-deal checking to ensure trade approvals are within the authorized contingent and daylight limits.
  • Identify risk reducing trades as part of the approval process with tools available (RTCCR) or the assistance of the Treasury Credit Analytics Group and/or the Model Development Group.
  • Manages credit availability for Financial Institutions under group exposure guidelines
  • Support the training of subordinates by coaching and providing procedural guidance to ensure they provide prompt responses on pre-deal checking with complete and accurate information to Credit officer in timely fashion.
  • Identification and implementation of appropriate internal information systems in support of credit monitoring for Treasury’s credit needs.
  • Contribute to building a strong credit culture within the larger team by raising questions on credit risk, reputation risk and operational risk.
  • Identify and communicate credit risk issues, concepts, and mitigations/solutions effectively.

 

EXPERIENCE REQUIRED:

  • Pre-Trade Approval experience is essential.
  • Monitoring/ control functions within risk experience is desirable.
  • Relevant qualifications are desirable.