Team Manager - Counterparty Risk-Support Services-Counterparty Risk

1. Credit evaluation of counterparty banks

• Credit evaluation of counterparty banks, recommending limits and ongoing monitoring of exposures. Obtain ratification from approval authorities  for any excess.


• Insights from peer Bank analysis and influencing decisions 


• Analysing requests from businesses for re-allocation or increase in limits putting up the same for approval after a thorough credit evaluation.


• Quarterly Analysis/Updates of Financial Results of Counterparty Banks to Senior Management 


• On going surveillance of performance of banks and recommend actions


• Annual Counterparty Exposure Limit Review for Countries, Foreign Banks, Domestic Banks, Cooperative Banks, PDs, SDL, FIs


• Develop Counterparty Exposure Methodology 

1. Country risk exposure management

• Evaluation of country risks and recommend limits


• On going surveillance of country risk exposures and recommend actions


• Managing sanction country risk and ability to evaluate and analyse trade sanction restricted party screening results

1. Modeling

• Develop and implement models for credit risk rating of Banks


• Develop and implement models for country risk analysis

1. Stress testing

• Develop, Implement and Execute stress testing methodologies for Counterparty and Country risks

1. Policies

• Responsible for developing policies related to counterparty credit risk, country risk and ongoing maintenance

1. Automation

• Implement automation initiatives from better control and risk


• Reviewing existing processes, drafting requirement documents and participating in UATs


• Work with other functions to deliver on projects 

1. Regulatory reporting

• Timely and accurate submission of regulatory returns and internal MIS. 


• Respond and clarify on internal, regulatory and statutory audit queries


• Creating, maintaining/upgrading databases of performance of Foreign Banks, Domestic Banks and Countries on a regular basis for regulatory reporting and risk analysis


• Responsible for various Counterparty Risk reports including FX Bank Exposure, Interbank Consolidated and Country Exposure reports.

1. Undertake critical projects and ad-hoc risk requests as they arise

• Professional Qualifications - CA or MBA preferred 


• Min 15 years of experience in areas of credit analysis of financial institutions


• Knowledge of the credit and lending industry, treasury products and operations


• Experience in counterparty credit risk modeling and quantification


• Knowledge of OFAC, Sanction regulations


• Technical expertise with the ability to manage multiple stakeholders and drive a strategic agenda.


• Upto date knowledge of regulations affecting counterparty and country risk

·       Quantitative and analytical skills. Close attention to detail

·       Programming experience such as SQL 

·       Excellent interpersonal skills to deal with colleagues at all levels

·       Ability to work under pressure and manage multiple deadlines