Risk Specialist, AS
In Scope of Position based Promotions.

Job Title- Risk Specialist, Associate
The Counterparty Credit Risk and back testing team is a core function within Credit Risk Management. The team performs comprehensive pre-deal assessment of complex /structured transactions using quantitative/qualitative risk management techniques such as VAR, Potential Future Exposure (PFE), back-testing, scenario / stress testing, dynamic credit hedging & other risk enhancements, and identification of other non-trivial risks (liquidity, wrong-way, dislocation, concentration risk, gap risk).

Scope encompasses all Corporate and Investment Banking businesses covering all derivatives/financing products (rates, FX, equity, credit, commodity, emerging markets, structured products) and liquid collateral in Lombard Loans with Wealth Management clients. The group also performs analysis on counterparty portfolios, highlighting possible extreme movements in MtM driven by market factors and making Credit Risk Management aware of highly structured or highly sensitive transactions or concentrations. As part of our flexible scheme, here are just some of the benefits that you'll enjoy

- Best in class leave policy
- Employee Assistance Program for you and your family members
- Accident and Term life Insurance
- Perform analysis of credit risk of individual derivative trades, typically structured, across all products in the firm - fixed income, equities, commodities, emerging markets, asset-backed and foreign exchange for transaction approval and counterparty portfolio assessment.

Methodology Oversight:



You review Advance Ratio calculation and initial margin methodologies for different asset classes and ensure ongoing methodological and technological improvements of Haircut setting rules and calculation approach. This includes frequent updates of methodology handbook and papers and KODs in line with regulatory and business requirements.
Portfolio Risk Analysis: Perform and automate ad-hoc scenario analyses and stress tests across portfolios of counterparties and business lines. Lead discussions of risk mitigation for large complex transactions.
SPV Repack: Act as Credit Officer for SPV repack transactions, including risk assessment and formal transaction approval. Manage SPV counterparty ratings, credit limits, portfolio reviews, and ongoing risk monitoring.
Stakeholder Engagement: Foster effective engagement with key Credit Risk Management (CRM), Front Office, and Lending stakeholders
Work Prioritization: Prioritize work to deliver core responsibilities, efficient risk analysis, and ad-hoc requests.
Actively participate in executing processes and providing daily BAU and ad-hoc analysis, demonstrating both management and practical involvement.




Drive process improvement via automation tools, strategic tool adoption, and standardization of analysis and reports across asset classes.
Your skills and experience
Experience: 4+ years in Risk Management or related fields.
Credit Risk Expertise: Strong background in regulatory Counterparty Credit Risk requirements for banks, product risk analysis, with detailed understanding of historical simulation-based credit risk calculations.
Excellent knowledge of derivatives, funds, shares, bonds, structured notes and their risk profiles.
Strategic & Analytical Skills: Ability to operate strategically with robust problem-solving, analytical skills, and commercial acumen.
Cooperative personality with excellent presentation, communication, influencing, and networking skills. Language: Fluency in English.
Technical Proficiency: Valuable understanding, and preferably working knowledge, of Python.Excellent knowledge of MS Office tools
Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

Training and development to help you excel in your career
Coaching and support from experts in your team
A range of flexible benefits that you can tailor to suit your needs
Please visit our company website for further information:

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