VP Counterparty Credit Risk Review Officer

VP Counterparty Credit Risk Review Officer

Leading domestic bank.

Job Description

Key Responsibilities :

• Conduct independent reviews of counterparty credit exposures across global markets, including derivatives, securities financing, prime brokerage, and structured products.
• Evaluate creditworthiness of financial institutions, sovereigns, and alternative investment counterparties using qualitative and quantitative analysis.
• Assess risk rating accuracy, exposure limits, collateral arrangements (e.g., CSA terms), and margining practices.
• Review documentation, netting enforceability, and legal entity structures to validate risk mitigation.
• Analyze potential wrong-way risk, stress scenarios, and concentration risks across traded products.
• Prepare comprehensive review reports highlighting strengths, weaknesses, and actionable recommendations.
• Engage with front office, credit risk, legal, and operations teams to validate findings and promote sound risk practices.
• Monitor market developments, regulatory changes (e.g., Basel III / IV, SA-CCR), and emerging counterparty risks.
• Support internal audit, regulatory exams, and senior management reporting with clear, data-driven insights.
• Contribute to the evolution of the credit review framework for traded products and financial counterparties.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

What's on Offer

$140,000 - $195,000 base salary.