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Counterparty Credit Risk Specialist

Salary £60k to £80k
Type Permanent
Location London
Sector Credit & Risk Management
Job Reference EU01/AXB/29088
Contact Amy Brown
Date posted 15-06-2018

A global Investment Bank is currently looking for a Counterparty Credit Risk Specialist to join their Global Markets Financing and Counterparty Credit Risk team in London.

Main responsibilities will involve:
• Deal screening, detailed review and monitoring of Securitisation Finance lending facilities. You will have a deep understanding of the structures, the assets and the embedded risks and structural mitigants across various EMEA and APAC legal jurisdictions. Asset classes range from auto loans, residential mortgages, consumer credit, credit cards, etc.
• Credit risk coverage of structured securities: ABS, RMBS and CMBS
• Review of structured securities funding facilities including Repo and Total Return Swap structures
• Acting as an interface / SME between counterparty credit officers and the business to set appropriate limits, haircuts and margins as required
• Travelling to meet with clients on a regular basis

Qualifications Ideally needed:
• Bachelor’s Degree (or equivalent) in Business, Finance, or Accounting or equivalent experience
• Trained Credit Risk person with deep understanding and demonstrable experience in Structured Finance (ABS, RMBS and CMBS) with experience from a Rating Agency and premier Bank. You will also possess excellent knowledge of traded products
• Deep understanding of related Structured Finance documentation as well as Trading master agreements
• Experience of reviewing a variety of structured transactions including asset based lending facilities and derivatives facing securitisation vehicles
• Understanding of counterparty risk measurement, and metrics (expected exposure, etc.) and the ability to factor in non-credit specific issues such as capital and accounting treatment into their risk decisioning
• Good knowledge of products such as Intex/rating agency models or an understanding of internally developed cashflow models used to review securitization structures. Solid software skills including Excel, Bloomberg.

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Contact Amy about this job

Associate, Consultant