Counterparty Credit Risk Manager - Market Risk

End Date Monday 27 April 2026

Salary Range £93,087 - £103,430

Title:

Counter party Credit Risk Manager
Location(s):
London or Birmingham

HOURS:

Full-time
WORKING PATTERN:
Our work style is hybrid, which involves spending at least three days per week, or 60% of our time, at one of our office sites.

The Counter party Credit Risk (CCR) Manager will be primarily responsible for the monitoring, control & reporting functions covering the Bank’s Traded Counter party Credit Risk portfolio. This role ensures compliance with internal risk frameworks & Chief Credit Office policies while supporting the organization’s risk management objectives.

We support flexible working –  for more information on flexible working options.

Flexible Working Options:
Hybrid Working, Job Share

• Operate CCR Exception control reports ensuring that CCR exposures are within Credit appetite limits and trading conditions are within Credit Policy Appetite. Where appropriate, manage all outstanding control exceptions, escalating to Credit Officers/Coverage and Front Line to ensure timely remediation.
• Production of daily/weekly/monthly CCR reports to a wide range of internal stakeholders (FI Credit, Corporate Credit, Enterprise Credit Risk, LBCM Credit, Front Line).
• Perform routine and adhoc analysis of moves in macroeconomic risk factors and their impact on the Traded Product Portfolio Risk Profile.
• Support the team’s Internal and regulatory (TWD, 4
  
  YOP, SWES) stress testing submissions
• Work closely with Credit Officers and offer them the tools, analytics and insight necessary to perform a timely and robust CCR oversight (e.g. PFE limit monitoring, Settlement Risk limit monitoring, Credit Policies Adherence monitoring).
• Work with CCR and System Change Teams on a variety of different projects and activities (e.g. internal reporting & control enhancements, Regulatory Submissions).
• Give a positive contribution to the success of the governance and business management of the wider FI Credit Team.

• Minimum of 5 years Market/Counter party Credit Risk experience.
• Have a good understanding of Counter party Credit Risk and its interlinkages with Regulatory Capital requirements.
• Have a higher qualification in an economic or quantitative discipline or equivalent professional qualifications.
• Have excellent written / oral communications skills - in particular, an ability to communicate technical ideas to a diverse audience.
• Be Proactive and show initiative, ensuring End-To-End completion of tasks.
• Analytical & Attention to Detail skillset, particularly with extracting & transforming large datasets. PowerBI, Python and/or SQL knowledge is preferable.

• A generous pension contribution of up to 15%.
• An annual performance-related bonus.
• Share schemes including free shares.
• Benefits you can adapt to your lifestyle, such as discounted shopping.
• 30 Days’ holiday, with bank holidays on top.
• A range of wellbeing initiatives and generous parental leave policies.