Description
Credit Risk AssociateResponsibilities:
Credit Analyst for Central Counterparties and Clearing Risk:
- Perform due diligence and credit analysis on Central Counterparties (CCPs). Identify strengths and weaknesses and make recommendations. Present credit proposals to appropriate credit committees.
- Monitor developments in the CCP field in terms of:
o Product expansion,
o Changes to margin methodology, default fund contribution, default management, etc.
o Regulatory landscape/requirements
Monitor and Manage Risk of CCP and Clearing Activities:
- Monitor exposure to CCPs in the Americas including margin and default fund contribution as well as trade exposure.
- Perform risk analysis and stress testing on CCPs and Clearing activities. Prepare reports for senior management and regulators.
Other Responsibilities:
- Effectively handle multiple tasks/projects simultaneously through prioritization of requests (in conjunction with immediate manager).
- Act as back-up to team members for risk assessment and monitoring of other platforms including electronic trading, Equity Prime Brokerage, FX Prime Brokerage and OTC Clearing.
Qualifications:
- Master Degree or higher preferred in Finance, Quantitative Finance, Engineering, or related fields.
- 2 years + experience in Risk or related area.
- Strong analytical and credit skills (ability to identify issues, quick reasoning, and basic credit knowledge).
- Strong verbal and written communication skills.
- Product knowledge: Equities, FX, Rates, Commodities, Credit, Delta one, Vanilla & Exotic trades.
- Quantitative skills preferred (e.g. quantitative finance, modelling, analysis, etc.).
- Programming skills strongly preferred: VBA, SQL, Excel, and Bloomberg (including Excel API).
- Soft Skills: team player; project management; proactive; creative.
If you are interested in applying please send an updated resume to Ciara O'Kane at Huxley.
To find out more about Huxley Associates please visit www.huxley.com