Office Status: Hybrid
Salary: $109,000 – $176,000
Responsibilities:
Perform and maintain gap analysis of firm’s counterparty credit risk framework against SR 11-10 (Interagency guidance on Counterparty Credit Risk)
Review New Product Committee memos and provide counterparty credit risk comments.
Review and monitor risk appetite statement and key risk indicators.
Drive discussions on any enhancements to risk appetite statement, key risk indicators and formalize approvals.
Drive discussions to track/prioritize/resolve CCR issues (with analytics team, model validation, IT/systems, and other stake holders) to enhance CCR Framework
Facilitate discussions with stakeholders for enhancing and finalizing stress testing scenarios.
Lead projects and strategic initiatives to continuously enhance CCR Framework to implement Target Operating Model
Represent CCR team in any firmwide initiatives, participate in UAT and perform any impact analysis; facilitate CCR management approvals.
Facilitate discussion among various stakeholders (Risk Analytics, CCR Analytics, Model validation, Internal Audit, Credit Review and FO stakeholders) for any CCR related items.
Lead discussions and facilitate material for internal (internal audit or credit risk review) or external (Regulatory) exams.
Liaise with various groups within Capital Markets for the quick resolution of credit exposure-related issues.
Maintain CCR policy and procedures.
Undertakes other credit control tasks and projects as required.