Counterparty Credit Risk Manager

4 days ago


Singapore Bank of America Full time

**Your background**
- Involvement in regulatory initiatives and experience of risk framework design also desirable.
- Relevant experience of around 10 years; Graduation / Master’s degree in finance.
- Proficient in English - written / communication.

**Desired Skills (if any)**
- Ability to work in and across teams.

**What you can expect**

As part of APAC Enterprise Credit Risk team, role involves managing portfolio of Asian Hedge Funds across Asia on an ongoing basis including transaction approval of Global Hedge Funds trading requests. The role requires close coordination with Senior Hedge Fund Risk and Credit Risk colleagues, Global Markets Credit (GMC), Global Markets Risk, and Global Markets teams while managing risks for this client segment.

**What you will do**
- Reviewing credit proposals, new transactions, exposure/limits for portfolio clients within appropriate risk parameters under delegated authority; risk types covered include derivatives, structured funding trades, lending, repo, clearing etc.
- Acting as a sounding board and trusted advisor to the team members on key portfolio transactions and initiatives. Providing feedback to Global Market Credit on new client/transaction screenings in order to influence outcomes in line with credit risk appetite, including appropriate transactions structures.
- Identify and monitor top down emerging risk trends within the portfolio and devise action plans for mitigation where appropriate.
- Establish and maintain portfolio-level reporting routines which cover key movements in portfolio sensitivities, exposure changes and credit rating migrations.
- Support Global Enterprise Credit Risk Hedge Fund team on reporting such as bi-weekly portfolio reviews and monitoring exposures on APAC clients within global portfolio.
- Participate in ad hoc portfolio and other projects, including contributing to the credit risk sections in the monthly stress testing / review routines at regional & global level.
- Secondary risk coverage responsibility for APAC regulated funds portfolio

**About Bank of America**

Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.

**Connecting Asia Pacific to the world**

Our Asia Pacific team is spread across 19 cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies.

**Job Band**:
H4

**Shift**:
**Hours Per Week**:
40

**Weekly Schedule**:
**Referral Bonus Amount**:
0



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