Senior Vice President, Counterparty Credit Risk Expert

4 weeks ago


Singapore Citi Full time
Job Title: Senior Vice President, Counterparty Credit Risk Expert

Job Summary:

Citi is seeking a highly skilled Senior Vice President, Counterparty Credit Risk Expert to join our team in Singapore. As a key member of our Risk Management organization, you will be responsible for designing and implementing the strategy and governance framework for Counterparty Credit Risk across Citi APAC.

Key Responsibilities:

* Implement and operate the 2nd Line Counterparty Credit Risk and controls framework for Citi APAC
* Direct the execution strategy for Pre-Settlement Exposure (PSE), Net Stress Exposure (NSE) and various CCR measurements standards across Citi APAC businesses
* Design and enhance new and existing frameworks, related standards, and procedures for CCR risk management
* Ensure CCR frameworks, practices and policies applied to all market products, including all Over-The-Counter (OTC) Derivatives across Equity, Foreign Exchange (FX), Fixed Income, Commodities, Credit derivatives; Prime Brokerage, Futures and OTC Clearing, Securities Financing Transactions and Cash trading across all Credit portfolios

Requirements:

* Minimum of 10+ years of experience in a large Financial Institution in Counterparty Credit Risk
* Strong understanding of Counterparty Credit Risk including Exposure and Initial Margin models, Stress testing, Wrong-Way Risk, Clearing and Settlement Risk
* Strong knowledge of Markets businesses and products across OTC, Prime Brokerage, Clearing and Security Financing /Repo and across range of assets classes and lines of business
* Strong technical expertise of complex derivative structures and understanding of associated first order/second order risks
* Knowledge of Credit documentation and various Credit master agreements, legal terms related to netting/collateral/margin mechanics
* Broad understanding of current market and regulatory environment as applicable to Counterparty Credit Risk

What We Offer:

* Opportunity to work with a global bank and be part of a dynamic team
* Competitive salary and benefits package
* Professional development opportunities

How to Apply:

If you are a motivated and experienced professional looking to take your career to the next level, please submit your application through our website.

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