Counterparty Credit Risk Manager

Bank of America

New York, NY, United States
Base: $140,000.00 - $219,700.00 annualized; bonus:...
Second line credit risk oversight
Financial institution counterparty analysis
Traded products knowledge (derivatives, repo)
This role is responsible for managing counterparty risk functions within the Global Markets & International Risk organization

Job Summary

  • This role is responsible for managing counterparty risk functions within the Global Markets & International Risk organization.
  • The position requires evaluating financial institution counterparty recourse and managing credit exposure to various traded products including derivatives and securities lending.
  • Employees are eligible for an annual discretionary award based on individual performance and the overall success of the company.

Matching Summary

This role is responsible for managing counterparty risk functions within the Global Markets & International Risk organization.

Salary

Base: $140,000.00 - $219,700.00 annualized; Bonus: Discretionary incentive eligible; Benefits: Industry-leading benefits and paid time off

Skills & Requirements

Must-have

  • Second line credit risk oversight
  • Financial institution counterparty analysis
  • Traded products knowledge (Derivatives, Repo)
  • Credit limit approval and exposure management
  • PE/PFE, VaR, and stress scenario analysis

Nice-to-have

  • Strong stakeholder relationship building
  • ISDA and MRA documentation negotiation
  • Intellectually curious with sound judgment
  • Experience in Prime Brokerage or Futures clearing

Key Requirements

  • Senior level experience in underwriting counterparty risk
  • Expertise in Banks and Insurance companies in North America
  • Ability to challenge front-line credit teams and approve limits

Work Rights

Not specified

Tailored Resume

Cover Letter