DESCRIPTION:

Duties: Act as a subject matter expert on counterparty credit exposure and risks, providing guidance and training to credit officers on material methodology releases or model limitations, and helping guide methodology and policy updates. Contribute to and drive firm-wide projects around key counterparty credit exposure metrics and technical enhancements. Responsible for driving outcomes in identifying, analyzing, monitoring, and reporting on inherent risks within counterparty exposures. Formulate views around product risk appetite and review and challenge business stakeholders’ risk-related questions. Work closely with the front office, credit risk, and operations teams to size and evaluate appropriate execution and clearing limits for new and existing clients on the platform.

QUALIFICATIONS:

Minimum education and experience required: Master's degree in Management, Finance, Mathematics, Financial Engineering, or related field of study plus 1 year of experience in the job offered or as Counterparty Credit Risk, Credit Risk Analyst, or related occupation. The employer will alternatively accept a Bachelor's degree in Management, Finance, Mathematics, Financial Engineering, or related field of study plus 3 years of experience in the job offered or as Counterparty Credit Risk, Credit Risk Analyst, or related occupation.

Skills Required: Requires experience in the following: banking 2nd line of defense control; Risk management; quantitative financing; using machine language coding, such as Tableau and SQL, to generate reports and implement analysis based on internal systems; performing quantitative assessment of risk appetite based on different metrics including PnL and charge off of the underlying Products; preparing routine portfolio analysis for business partners and senior management; performing analytical assessments of different risks associated with products and market and providing responses to regulators including the Fed and OCC. Requires knowledge of the following: Exchange Traded Derivatives (ETD), Options, and FX products including Spot, and Forwards; OTC Derivatives products across asset classes including Equities, Rates, Commodities, Foreign Exchange and Credit Spreads; Applying statistical and non-statistical methodologies to assess risk at a trade and strategy level including calculating Stress, VaR, and Peak using a Monte-carlo based model; calculating historical stress loss based on multiple risk factors on derivative products including delta, vega, and skew and taking into consideration market related events. Knowledge in the skills can be gained through professional work experience or graduate level coursework.

Job Location: 8181 Communications Pkwy, Plano, TX 75024. This position requires up to 10% domestic travel.