Join our Counterparty Risk team as a Vice President in Plano, where you will conduct in-depth portfolio analysis, stress testing, and scenario analysis to assess counterparty portfolio exposures under various market conditions. This role offers the opportunity to collaborate with stakeholders across Credit Officers, Technology, Quantitative Research, Product, and Risk Reporting teams, enhancing processes and developing tools for efficiency and automation.
As a Vice President in the Counterparty Risk team, you will execute and analyze regulatory stress submissions for counterparty credit risk. You will prepare accurate and timely analysis for regulatory and management requests, ensuring compliance with the regulatory landscape and stress testing requirements. Your work will involve monitoring portfolio risk metrics and conducting ad-hoc deep-dives to evaluate potential emerging risks.
Job Responsibilities
Execute and analyze regulatory stress submissions (e.g., CCAR, Legal Entity) for counterparty credit risk.Prepare accurate and timely analysis for regulatory and management requests on counterparty risks and stress.Stay informed about the regulatory landscape, stress testing requirements, and methodologies to ensure compliance and best practices.Monitor portfolio risk metrics, including Strategic Stress Exposure (SSE), Gross Market Concentrations (GMC), and Wrong Way (WW) Risks, to ensure compliance with prescribed thresholds and tolerances.Conduct ad-hoc deep-dives on market themes, concentrated risks, exposure trends, and client positioning to evaluate potential emerging risks and identify risk management strategies.Collaborate with cross-functional teams, including risk officers, technology, and risk reporting, to ensure comprehensive analysis and reporting of counterparty exposures.Identify, recommend, and assist in developing frameworks and solutions to optimize portfolio risk management and enhance decision-making processes.Contribute to firm-wide projects focused on key counterparty credit exposure metrics and technical enhancements.Required qualifications, capabilities, and skills
Bachelor's degree in quantitative disciplines such as Financial Engineering, Mathematics, Physics, Statistics, Engineering, Finance, or Economics.Minimum 5 years of experience in risk management, stress testing, or portfolio analytics within a financial institution.Strong understanding of financial markets with the ability to connect market events to portfolio risks.Excellent analytical and problem-solving skills, with an inquisitive nature and comfort in challenging current practices.Strong communication and presentation skills, capable of conveying complex information to diverse audiences.Ability to work under pressure and deliver on multiple tight, time-sensitive deadlines.Innovative and creative thinker with the ability to improve current processes and achieve efficiencies.Experience with coding and data visualization tools such as Python, Alteryx, SQL, and Tableau.Preferred qualifications, capabilities, and skills
Master's degree or professional designations such as CFA, CQF, or FRM.Experience in Market / Credit risk, Trading, or Trading middle office functions.Strong product knowledge and quantitative skills across a broad range of asset classes and investment strategies.