Counterparty Credit Risk Manager VP

Counterparty Credit Risk Manager VP

City of London

Hybrid (3/2 split)

Permanent

£90 - 110k

cer Financial are working alongside an exciting international bank, who are based in the City of London. They are seeking a Counterparty Credit Risk Manager VP to work with them on a permanent basis.

The responsibilities of the Counterparty Credit Risk Manager VP will include:

· Led Trading Credit Risk management across London and EMEA, ensuring timely risk decisions and regional oversight

· Managed and enhanced Trading Credit Risk Appetite, monitoring, reporting, and governance frameworks

· Oversaw daily counterparty risk monitoring, exposure analysis, and escalation of key risk drivers

· Contributed to Credit & Counterparty Risk Committees with risk reporting, commentary, and recommendations

· Maintained and enhanced risk policies, procedures, and governance frameworks in line with BCBS guidelines

· Worked closely with Front Office, senior stakeholders, and regional entities to ensure consistent risk management practices

· Automated exposure monitoring and reporting processes to improve efficiency and controls

· Reviewed and approved trading credit risk documentation, including ISDA/CSA, GMRA, GMSLA, and MSFTA agreements

· Managed large derivatives, fixed income, and securities financing portfolios across EMEA

· Provided leadership, mentoring, and support to junior trading credit risk staff

The successful candidate will have:

· Counterparty credit risk management expertise (Potential Exposure, Wrong Way Risk, Stress Testing)

· Strong knowledge of Fixed Income and Derivative products (Bonds, Repos, Derivatives)

· Advanced Excel and basic programming skills for analysis and automation

· Experience with Power BI, Tableau, and data visualisation tools

· Credit analysis experience across corporates, financial institutions, hedge funds, NBFIs, and SPVs

· Understanding of collateral, master agreements, and risk mitigation techniques

· Proficient in Excel, PowerPoint, Bloomberg, Prism, GBR, and Power BI dashboards