Crisil - Collateral - Counterparty Credit Risk

Requirement

- Background in Counterparty Credit Risk

- Good writing skills

Typical job description

1. Ensure completeness of credit risk data in the systems

2. Design solutions to feed the exposure/trades/position data into the systems

3. Liaise with credit risk management and methodology teams to understand projects requirements

4. Document functional specifications, ensure all feeds are documented

5. Liaise with IT team to implement and test the changes

6. Resolution of queries raised by credit officers

Skillsets required

1. Experience of banking or securities including previous experience in collateral analysis, or credit or related function. Experience in middle office or operations at a top-tier investment manager, hedge fund or investment bank preferred

2. Demonstrate an understanding of operational and credit risks, and the use of collateral and margining as tools for risk management

3. Experience with RiskMetrics/RiskManager, Advent/Syncova, VB, Excel, and SQL.

4. Understanding of the application of derivatives within an investment strategy, specifically the relevant risks and appropriate controls required across the transaction lifecycle.

5. Knowledge of derivative documentation, particularly ISDA/CSAs and collateral management, would be beneficial.