This role serves as an independent second-line credit risk function responsible for setting risk appetite and approving credit limits for financial institutions
Job Summary
This role serves as an independent second-line credit risk function responsible for setting risk appetite and approving credit limits for financial institutions.
The position requires evaluating recourse value, managing counterparty exposure across derivatives and securities lending, and negotiating standard industry documentation like ISDA agreements.
Employees are eligible for an annual discretionary award based on individual performance and the overall success of the company, alongside industry-leading benefits.
Matching Summary
This role serves as an independent second-line credit risk function responsible for setting risk appetite and approving credit limits for financial institutions.
Salary
Base: $140,000.00 - $219,700.00 annualized; Bonus: Discretionary incentive eligible; Benefits: Industry-leading benefits and paid time off included
Skills & Requirements
Must-have
Second line credit risk oversight
Financial institution counterparty analysis
Traded products knowledge (Derivatives, Repo)
Credit limit approval and exposure management
ISDA and MRA documentation negotiation
Nice-to-have
Intellectually curious with sound judgement
Strong stakeholder relationship building
Experience in Prime Brokerage or Futures clearing
Ability to challenge front-line risk assessments
Key Requirements
Senior level experience in underwriting counterparty risk
Expertise in Banks and Insurance companies in North America
Proven ability to manage complex traded product exposures