Responsibilities:
- Evaluate the creditworthiness of counterparties engaged in fixed income transactions.
- Conduct in-depth credit analyses, considering financial statements, credit reports, and market conditions.
- Monitor and analyze the credit risk exposure of the fixed income portfolio, identifying potential risks and mitigating actions.
- Utilize risk management tools and systems to ensure real-time monitoring and reporting of counterparty credit risk.
- Establish and review credit limits for counterparties based on risk assessments and market dynamics.
- Implement mechanisms to monitor and enforce credit limits, collaborating with trading desks and risk management teams.
- Work closely with fixed income trading desks to understand trading strategies and ensure alignment with risk management objectives.
- Provide timely risk advice to trading teams, balancing risk considerations with business objectives.
- Contribute to the development and enhancement of counterparty risk management policies and procedures.
- Ensure compliance with regulatory requirements and industry best practices in fixed income markets.
- Prepare and present comprehensive risk reports to senior management, highlighting key counterparty risk indicators and portfolio performance.
- Collaborate with internal stakeholders to enhance the accuracy and relevance of risk reporting.
- Identify and recommend measures to mitigate counterparty risks, including collateral requirements and hedging strategies.
- Develop and implement risk mitigation plans to address potential credit events.
Qualifications:
- Bachelor's degree in Finance, Economics, or a related field. Advanced degree (e.g., MBA, CFA) is a plus.
- A minimum of 5 years of experience in counterparty risk management, with a focus on fixed income markets.
- Strong understanding of fixed income instruments, market dynamics, and associated credit risks.
- Proficient in credit analysis, financial modeling, and risk assessment techniques.
- Familiarity with risk management tools and systems used in fixed income markets.
- Excellent communication and interpersonal skills for effective collaboration with cross-functional teams.
- Ability to thrive in a fast-paced and dynamic trading environment.
