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MUFG · 1 week ago

Head of Counterparty Credit Risk, Director

New York, NY

Full-time

Hybrid

Senior Level, Lead/Staff

$186K/yr - $250K/yr

10+ years exp

Mitsubishi UFJ Financial Group (MUFG) is one of the world’s leading financial groups, striving to make a difference for every client and community. The Head of Counterparty Credit Risk will lead the assessment and management of counterparty credit risk, enhance the risk framework, and collaborate with various teams to ensure compliance and effective risk reporting.

Financial Services

Responsibilities

Lead the assessment, management, and monitoring of counterparty credit risk across trading products (FX, derivatives, SFTs)

Enhance and maintain the end-to-end counterparty credit risk framework including operational workflow, limits monitoring, measurement, stress testing, controls and reporting

Conduct portfolio risk reviews as well as stress testing and scenario analysis

Collaborate with front-office, credit risk management, legal and regulatory teams to ensure compliance with industry standards and regulatory guidelines

Report and present Counterparty Credit Risks to senior management, risk committees, and regulators

Work with the risk analytics team to enhance existing models to ensure risks are appropriately captured

Lead a team of 3-5 risk professionals

Supports the execution of strategic initiatives in collaboration with internal and external stakeholders

Qualification

Counterparty risk managementFXDerivatives knowledgeCounterparty risk analyticsData analysisManagement experienceMulti-taskingCommunication skillsOrganizational skills

Required

10 + years' experience in counterparty risk or relevant function

Strong product knowledge of FX, derivatives, repos, SBLs, total return swaps and structured products

Expertise in counterparty risk analytics including PFE, EPE, CVA and stress testing

Exceptional communication and writing skills with the ability to synthesize complex concepts and translate into easy-to-understand language, and effectively present in text or slide format

Strong ability to analyze and interpret data

Strong organizational skills and the ability to multi-task in a complex environment with changing priorities

Management experience