Credit Manager Jobs

About The Position

Requirements

• Moderate experience in market risk management as a second-line market risk professional or first-line trading or structuring professional, ideally covering structured finance.
• Ability to communicate and influence across a broad audience, including traders, strats, stress-testing teams, and IT.
• Experience challenging pricing, flexing, and hedging strategies based on market dynamics.
• Some knowledge of credit risk analysis and insight into the drivers of credit exposures.
• Ability to run projects independently and build strong relationships across the Bank.
• Demonstrated ability to use AI tools to enhance productivity and workflows and solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

Nice To Haves

• Experience with fixed-income products.
• Experience covering structured finance; valuation experience may be considered if accompanied by a strong understanding of market risks from trading positions.
• Experience with securitized products such as CLO, CMBS, or ABS.
• Market Risk Management experience, ideally covering Structured Finance.
• Familiarity with regulatory initiatives such as Fundamental Review of Trading Book (FRTB), Volcker, and stress testing.
• Experience assessing, quantifying, and implementing appropriate portfolio stress tests.
• High standards of integrity and commitment to doing the right thing.
• Team-oriented approach and strong communication skills.

Responsibilities

• Set risk appetite at each business level and monitor and manage risk with traders on a real-time, day-to-day basis.
• Monitor daily limit utilizations, assess limit frameworks, and communicate risk exposures and breaches to the front office and senior risk management.
• Analyze stress-test scenarios and direct hedging strategies based on economics, VaR, stress testing, and capital efficiency; advise the business on stress and capital capacity allocations and hedging strategies.
• Understand the contributors and drivers of VaR, Economic Capital, and stress losses.
• Support quarterly, semi-annual, and annual Comprehensive Capital Analysis Review (CCAR) reporting requirements.
• Evaluate portfolio capital efficiency and identify positions with material Risk Weighted Assets (RWA) and stress utilization.
• Ensure internal and external governance policies are applied effectively.
• Highlight key risks and important new trades or products, and escalate emerging risks, concentrated positions, and positions vulnerable to plausible stress scenarios or current market conditions.
• Challenge the front-office desk on identified risks and work cooperatively to support business growth within the Firm’s risk appetite.
• Work with Portfolio and Stress Testing teams to ensure key business risk positions are represented in aggregated metrics.

Benefits

• Hybrid working model with in-office and work-from-home flexibility
• Generous vacation
• Personal days
• Volunteer days
• Health and wellbeing benefits
• Retirement savings plans
• Parental leave
• Family-building benefits
• Educational resources
• Matching-gift programs
• Volunteer programs
• Employee Resource Groups
• Competitive compensation packages