Senior Credit Risk Manager

Monex USA•Washington, DC

5d•$100,000 - $140,000•Hybrid

About The Position

Monex USA is seeking a highly analytical and hands-on Senior Credit Risk Manager to oversee and actively manage the company’s credit risk function within a fast-paced FX and derivatives environment. This role is responsible for day-to-day credit risk analysis, counterparty assessments, exposure monitoring, and risk decision-making, while also contributing to the ongoing enhancement of the broader risk framework. The ideal candidate combines strong technical expertise in credit and derivatives risk with a practical, commercially minded approach and the ability to operate effectively in a dynamic and collaborative environment.

Requirements

Bachelor’s degree in Finance, Economics, Business, Mathematics, or related field
5–10+ years of experience in credit risk, counterparty risk, or financial risk management
Strong experience within financial services, FX, brokerage, trading, or banking environments
Solid understanding of derivatives, collateral management, exposure monitoring, and margining
Strong analytical and quantitative skills, including financial statement analysis and risk assessment
Ability to make independent risk decisions while balancing commercial considerations
Excellent communication and stakeholder management skills
Strong ownership mindset with the ability to thrive in a lean and fast-paced environment

Nice To Haves

Experience analyzing corporate clients, financial institutions, hedge funds, or investment vehicles
Exposure to FX options or structured derivatives products
Familiarity with stress testing and exposure modelling methodologies
Experience with risk systems, exposure engines, or risk reporting platforms
Understanding of regulatory expectations within financial services environments

Responsibilities

Assess the creditworthiness of clients and counterparties through detailed financial and qualitative analysis
Review and approve credit requests, counterparty limits, margin facilities, and exposure thresholds
Monitor counterparty exposures, collateral positions, margin utilization, and limit breaches on an ongoing basis
Support the development and enhancement of the company’s credit risk framework, policies, and procedures
Partner with senior leadership to provide practical and commercially balanced risk guidance
Maintain oversight of FX spot, forwards, and options exposures, including structured and non-linear products where applicable
Analyze exposure sensitivity, concentration risk, volatility impacts, and stress behavior
Support exposure modelling methodologies including PFE, stress exposure, and scenario analysis
Provide effective challenge to Front Office on trade structures, client exposure, and risk mitigation strategies
Prepare and present risk reporting to senior management and relevant governance committees
Conduct stress testing, concentration analysis, and portfolio surveillance
Monitor early warning indicators and escalate emerging counterparty or portfolio concerns
Ensure accuracy, integrity, and consistency of risk data and reporting
Monitor margin calls, collateral movements, and intraday exposure changes
Support margin framework enhancements, including Initial Margin and Variation Margin methodologies
Assist with escalation and resolution of exposure breaches or collateral disputes
Work closely with Treasury and Operations regarding liquidity and funding impacts
Identify and implement improvements to risk controls, reporting, systems, and workflows
Support automation and enhancement of risk analytics and monitoring processes
Collaborate closely with Front Office, Compliance, Finance, Treasury, and Operations teams
Contribute to policy, governance, and documentation updates
Provide guidance and oversight to junior team members where applicable
Remain actively involved in daily operational risk activities and reviews
Act as a hands-on contributor to support workload management and business continuity
Help foster a strong risk-aware culture across the organization