Counterparty Credit Risk - Collateral and Margin Associate

Counterparty Risk (CCR), part of Wholesale Credit Risk, is responsible for measuring and monitoring counterparty exposures across OTC derivatives (cleared and non-cleared), Futures and Options, Securities Financing, Securities Prime Services, CCPs and Commodities.

The broader CCR organization oversees exposure measurement, risk monitoring and escalation, ad hoc risk investigations and analyses, assessment of collateral and margin arrangements, ownership of credit exposure metrics, and the development and maintenance of related exposure calculation and reporting capabilities.

This is a dynamic area of risk management at the intersection of markets, analytics, controls, and technology, offering broad product exposure and the opportunity to contribute to high-impact risk and transformation initiatives.

As a member of the Collateral and Margining within CCR, you will play a key role in strengthening the team's control framework, performing margin investigations and negotiating ISDA CSAs.

The role offers a broad platform across risk oversight, portfolio analytics, process improvement, and cross-functional delivery, with interaction across Quantitative Research, Technology, Product, Credit Officers, and other stakeholders.

Required qualifications, capabilities, and skills


* Bachelor's degree in a discipline such as Financial Engineering, Mathematics, Physics, Statistics, Engineering, Finance and/or Economics


* At least 3 years of experience in OTC Derivatives in a Trading, Counterparty Risk, Market Risk, or Quantitative role in financial services


* Strong analytical and problem-solving skills, with the ability to synthesize complex risk information, identify practical solutions, and communicate insights clearly to different audiences


* Proficiency in Python programming and SQL, and experience using data and visualization tools such as Tableau, Alteryx, ThoughtSpot, or similar platforms to support analytics, automation, and process improvement


* Good understanding of derivatives (bilateral and cleared), Futures and Options, Securities Financing, Prime Services, and related counterparty credit risk products


* Understanding of key CCR concepts, including exposure measurement, margin methodologies, ISDA CSAS and Collateral Eligibility


* Proficiency with MS Excel and strong comfort working with large data sets and analytical workflows


* Strong written and verbal communication skills, with the ability to explain technical concepts to non-specialists and engage constructively with a broad stakeholder group


* Strong sense of accountability and ownership; self-motivated, control-minded, and confident in making, articulating, and challenging risk judgments where appropriate


* Ability to work effectively across functions and build strong partnerships with Quantitative Research, Technology, Product, Credit Officers, and other stakeholders

Job Responsibilities


* Perform margin investigations, liquidity an...