USA Director, Counterparty Credit Risk

• Responsible for evaluating quantitative and qualitative analysis of counterparty risk


• Participate in due diligence efforts and managing counterparty credit risk to a global portfolio of Hedge Funds, Mortgage Originators, Financial Institutions, Asset Managers, and Private Equity Funds


• Prepare and approve client reviews, credit facilities, specific transactions, and exceptions within delegated credit authority


• Conduct ad hoc portfolio risk analysis of market and events and assess impact on counterparts


• Review new and significant businesses or transactions to ensure proper risk controls

• Development the risk infrastructure for new businesses and contributing to the improvement of risk systems and tools


• Negotiation of documentation, including MRA, MSFTA and FCM


• Collaborate with Operations and Margin Group to resolve credit-exposure related matters


• Monitor counterparty credit exposure and credit utilization


• Ensure the accuracy of key risk measurements


• Maintain Credit Risk Policies and Procedures

• Significant risk/risk-related counterparty credit work experience in banking/financial institutions with expertise in Commercial and Residential Mortgage Originators, alternative funds (hedge funds, private equity and Institutional family office)


• 15+ years of experience in financial services and risk management required


• Strong understanding of the Repo Market and MBS markets


• Sound knowledge and understanding of Capital Markets, derivative products, structured lending and PFE calculation


• Strong understanding of a broad range of financial instruments/asset classes in particular treasuries, MBS, ABS, loans, cleared derivatives and structured products


• Proven ability to provide strong analysis of risk/return trade-offs associated with transactions and counterparts


• Advanced knowledge in risk identification, risk assessment, controls development and reporting


• Developing relationships with key stakeholders within the Broker and across the Bank


• Knowledge and familiarity with SQL and VBA a plus


• Bachelor's degree/University degree or equivalent experience