Date Posted: 01/17/2025
Hiring Organization: Rose International
Position Number: 476813
Job Title: Counterparty Credit Risk Manager
Job Location: Irving, TX, USA, 75039
Work Model: Hybrid
Shift: 2-3 days per week onsite
Employment Type: Temporary
Estimated Duration (In months): 5
Min Hourly Rate($): 80.00
Max Hourly Rate($): 90.00
Must Have Skills/Attributes: Banking/Financial, Credit Risk, Project Management, Python, R Programming, Stress Testing, Testing, VBA
Job Description
***Only qualified Counterparty Credit Risk Manager candidates located near the Irving, TX area to be considered due to the position requiring an onsite presence***
Required Qualifications/Skills/Experience:
• Strong analytical skills with good attention to detail and a demonstrated aptitude for tackling analytical issues through quantitative modeling and assimilation of data into a working product
• Large scale project management skills spanning risk and technology
• Ability to work well with cross-functional teams from Business, Credit, Operations and Compliance
• Strong written and verbal communication skills
• Sound risk and business judgment
• Strong Excel skills ideally incorporating VBA (Visual Basic for Applications)
Preferred Qualifications/Skills/Experience:
• Stress testing skills are essential, and instrument modeling skills are desirable
• Programming skills in Python, R or other statistical languages are a plus
Job Duties:
• Develop and enhance tools for the measurement, monitoring and management of counterparty exposure including PFE, risk capital, wrong way risk and stress testing
• Actively liaise with sales trading, CVA and market risk managers to ensure comprehensive coverage of counterparty and liquidity risk measures across all derivatives and financing products
• Closely work with Quantitative risk and Markets analytics teams, Technology and Model Validation groups on CCR model development and evolution of CCR models to address new products or risk areas
• Work with business managers and In-Business Risk teams on margin model development, new product approvals and real-time monitoring and controls
• Monitor client portfolios to ensure that risks are controlled - primarily credit risk arising from market sensitive exposure and liquidity risk, but also documentation, legal and reputational risks
• Perform daily and weekly risk analysis and reporting on existing client portfolios as well as customized risk analysis on new client portfolios
• Communicate key findings to senior management and act as the chair for CCR and in-business risk forums as appropriate
• Put together presentations and documents for internal and external use on various topics including describing the functions of the Risk Group, stress methodologies, and summarizing risk issues
• Analyzing control environment including periodic review of the control environment, vetting of new systems, processes, policies and procedures associated and related to market and/or credit risk and ensuring they are in sync with market
practices
- **Only those lawfully authorized to work in the designated country associated with the position will be considered.**
- **Please note that all Position start dates and duration are estimates and may be reduced or lengthened based upon a client’s business needs and requirements.**
Benefits:
For information and details on employment benefits offered with this position, please visit here. Should you have any questions/concerns, please contact our HR Department via our secure website.
California Pay Equity:
For information and details on pay equity laws in California, please visit the State of California Department of Industrial Relations' website here.
Rose International is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender (expression or identity), national origin, arrest and conviction records, disability, veteran status or any other characteristic protected by law. Positions located in San Francisco and Los Angeles, California will be administered in accordance with their respective Fair Chance Ordinances.
If you need assistance in completing this application, or during any phase of the application, interview, hiring, or employment process, whether due to a disability or otherwise, please contact our HR Department.
Rose International has an official agreement (ID #132522), effective June 30, 2008, with the U.S. Department of Homeland Security, U.S. Citizenship and Immigration Services, Employment Verification Program (E-Verify). (Posting required by OCGA 13/10-91.).
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Rose International maintained good communication during assignments and are very informative through email and phone calls.
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Rose International has been great to me. I thank everyone there for all of their hard work; it has not gone unnoticed.
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As a contractor, I have to say that Rose International was by far the best agency I have worked for.
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