Counterparty Risk VP-Director, Investment Bank

A leading Chinese Investment Bank is looking to hire a VP to Director level candidate in counterparty risk area. Candidate needs to be familiar with derivatives products. Professional proficiency in Mandarin and English is required.

Counterparty Risk Analysis

• Perform due diligence of new and existing counterparties (banks, broker-dealers, hedge funds, corporates, etc.); Assess creditworthiness and assign internal credit ratings scores.
• Prescribe credit terms & covenants for legal documentations such as ISDA, CSA, GMRA, GMSLA etc.
• Recommend and set appropriate counterparty limits and initial margin terms.

Exposure Measurement & Monitoring

• Calculate and monitor current and potential future exposures for derivative portfolios and securities financing transactions.
• Continuously monitor counterparty exposures against approved counterparty limits and market conditions to identify potential risks.
• Oversee the collateral management process related to counterparty risk (margin calls, disputes, eligibility of collateral).
• Manage limit excesses: investigate causes, escalate breaches, and work with Front Office to remediate.

Reporting & Communication

• Prepare clear and concise risk reports. Communicate risk findings, limit breaches, and recommendations effectively to Front Office, Senior Management, and Collateral teams.
• Participate in regulatory examinations and audits.
• Contribute to the development and enhancement of risk policies and procedures.