Senior Vice President, Counterparty Credit Risk Manager

4 weeks ago


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

Citi is seeking a highly skilled and experienced Senior Vice President to join our Counterparty Credit Risk team in Singapore. As a key member of our risk management function, 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 are applied to all market products, including OTC Derivatives, Prime Brokerage, Futures, and OTC Clearing.
  • Actively monitor CCR portfolio across business, risk stripes, and legal vehicles.
  • Focus on early warning and proactive problem recognition based on market indicators and portfolio concentrations.
  • Help 2nd line of defense Credit officers in pre-trade review, challenge, and what-if analysis for new complex derivatives activity.
  • Support Head of APAC CCR for CCR risk management council and sub-councils on various CCR frameworks.
  • Support APAC CCR head in regulatory interactions on the CCR portfolio.
Requirements:
  • Minimum 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.
  • Strong technical expertise of complex derivative structures and understanding of associated first-order/second-order risks.
  • Broad understanding of current market and regulatory environment as applicable to Counterparty Credit Risk.
What We Offer:

Citi is committed to supporting the growth and development of our employees. We offer a range of benefits, including extensive on-the-job training, exposure to senior leaders, and opportunities for career advancement.

As a Senior Vice President, Counterparty Credit Risk, you will have the opportunity to work with a talented team of professionals and contribute to the success of our organization.

Apply now to take the next step in your career and join Citi's team of risk management experts.



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