Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization.

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability.

To make that happen we need teams like yours to help navigate employees and the organization as a whole.

In this role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As CCR Manager you will

• Manage a team of credit risk exposure analysts .

• Provide global independent credit risk oversight of credit exposures across CCR activities including risk identification, risk measurement, risk controls and limits, documentation and risk monitoring and reporting

• Establish and maintain standards for acceptable collateral across business lines, ensuring margin is dynamic and sufficient to protect against market and concentration risks and satisfy regulatory requirements

• Provide global independent credit risk oversight of stressed counterparty credit exposures across all CCR products

• Assess and develop new business products and initiatives

• Enhance risk management tools and systems, including specification of requirements, supporting implementation and testing/prototyping

• Develop good working relationships with traders and business analysts within SSGM and other business units, , and with support functions and technology departments

• Contribute to risk and/or regulatory projects; independently driving forward assigned tasks

What we value

These skills will help you succeed in this role

• Strong analytical and quantitative mindset; ability to take ownership and improve on existing risk models and methodologies (VaR, PFE, Notional, Stress Testing)

• Ability to identify problems and limitations, propose solutions or proactively address them directly

• Ability to communicate and write clear and precise presentations and technical documentation describing processes and risk methodologies

• Self-motivated and able to work independently with excellent time-management skills

• Ability to cooperate with others and foster an environment that supports effective teamwork

• Strong critical thinking ability; promote and support a culture of challenge and risk excellence

• Comfortable in conflict resolution as appropriate with others and in a matrix organization

• Highest standards of conduct and integrity and ensure compliance with accepted industry practice, company policies, statute and regulatory requirements

Education & Preferred Qualifications

• Degree/Post-graduate degree in relevant and/or quantitative subjects

• Minimum of 15 years of hands-on industry experience with in-depth knowledge of Securities Finance, FX and related business lines, and management of credit and market risks at a large banking institution

• Leadership experience with managing a team that supports fast-changing market-facing businesses

• Experience in the financial analysis or risk analytics, dealing with modelling, market data, pricing and risk methodology

• Ability to provide prototype implementations and work closely with IT and other groups

• Excellent IT skills and strong ability to develop prototypes using Python, VBA and SQL; familiarity with statistics software or third-party software such as Risk Metrics is a plus

Salary Range:
$175,000 - $287,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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