Credit & Counterparty Risk VP

Crown Agents Bank is a rapidly growing, regulated UK bank connecting emerging and frontier markets to the world through innovative FX and payments technology. Our mission is simple: reduce friction so more money reaches those who need it.

For over 200 years we’ve built trusted networks across hard‑to‑reach markets. Today, we pair that heritage with digital innovation to support fintechs, corporates, governments, development organisations and banks with cross‑border payments and FX solutions.

Role Purpose

Reporting to the Head of Credit & Country Risk, the Vice President - Credit & Counter party Risk is a senior member of the Credit & Country Risk team, responsible for leading complex credit, counter party and country risk assessments, overseeing ongoing portfolio monitoring activities and supporting the continuous enhancement of the Bank's risk management framework.

The role combines strong analytical capability with technical leadership, independent judgement and stakeholder engagement. The successful candidate will provide expert challenge across a broad range of counter parties, products and jurisdictions, whilst mentoring junior colleagues and contributing to strategic initiatives across the risk function.

The role has a particular focus on counter party credit risk arising from treasury and FX activities, including derivatives, and will play an important role in supporting the Bank's evolving derivatives, exposure measurement and portfolio risk management capabilities.

Role Responsibilities

Credit & Counter party Risk

• Lead the preparation and review of credit applications, annual reviews and risk assessments across a broad range of counter parties, including Financial Institutions, Central Banks, NBFIs, Corporates, NGOs and International Development Organisations.
• Provide clear, balanced and commercially aware recommendations to approving authorities, exercising independent judgement on complex, material or higher-risk transactions.
• Act as a senior technical mentor, ensuring consistency, quality and robustness of risk assessments produced within the team.
• Support transaction structuring discussions and provide independent challenge on credit, counter party and country risk considerations.
• Contribute to the ongoing development of credit methodologies, risk appetite frameworks and underwriting standards.
• Lead the ongoing monitoring of the Bank's credit and counter party risk portfolio, identifying emerging risks, adverse trends and concentrations.
• Monitor counter party performance, financial condition, limit utilisation and early warning indicators, ensuring that material issues are identified and escalated appropriately.
• Oversee watchlist and heightened monitoring processes for higher-risk counter parties and exposures.
• Perform portfolio analysis to identify sector, geographical, product and counter party concentrations.
• Lead the production and interpretation of portfolio reporting, management information and risk insights for senior management and governance committees.
• Recommend risk mitigation actions where deterioration in credit quality or adverse developments are identified.

Derivatives & Counter party Credit Risk

• Act as a subject matter expert on counter party credit risk arising from treasury and FX activities, including derivatives.
• Support the continued development of the Bank's counter party credit risk framework, including exposure measurement methodologies, negotiation of legal documentations, credit monitoring capabilities, limit frameworks and management information.
• Partner with Front Office, Treasury, Prudential Risk, Finance and other stakeholders to ensure that exposure measurement, limit frameworks and risk management practices remain fit for purpose.
• Provide independent…