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
This role is responsible for managing counterparty risk functions within a product area and establishing governance for hedge fund and issuer risk

Job Summary

  • This role is responsible for managing counterparty risk functions within a product area and establishing governance for hedge fund and issuer risk.
  • The position offers an opportunity to work within the Global Markets & International Risk organization as an independent second-line credit risk function.
  • Employees are eligible for industry-leading benefits, paid time off, and an annual discretionary award based on individual and company performance.

Matching Summary

This role is responsible for managing counterparty risk functions within a product area and establishing governance for hedge fund and issuer risk.

Salary

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

Skills & Requirements

Must-have

  • Second line credit risk oversight
  • Financial institution counterparty analysis
  • Traded products knowledge derivatives
  • Credit limit approval and exposure management
  • ISDA 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 office decisions
  • Continuous improvement mindset

Key Requirements

  • Senior level experience in underwriting counterparty risk
  • Expertise in evaluating Banks and Insurance companies
  • Knowledge of North American financial markets
  • Proven ability to set risk appetite and approve limits

Work Rights

Not specified

Tailored Resume

Cover Letter