We are partnering with a global investment bank on a search to identify a Director of Counterparty Risk Management for their New York operation.
The Director will manage a team which is responsible for both quantitative and qualitative analysis that identifies key risk concentrations at a trade, single counterparty or portfolio level within the counterparty credit risk profile of the bank. S/he will agree risk covering haircuts on repo style transactions as well as margin requirements for derivative transactions. The Director will also oversee production of regular MI, understand the key drivers and pioneer improvement initiatives as well as support and independently perform methodology reviews of existing models and risk management approaches.
Successful candidates will have a minimum of 10 years' of related investment banking risk experience. Ideal candidates will have worked as a line market risk manager with knowledge surrounding repos and securitized products. Managerial experience is key with the capacity to mentor and lead a high performing team. As this is a front office facing role, candidates must have excellent communication skills and the ability to influence change.
For more information on this search, please contact Mike La Rosa on +1 646 766 1211.