Counterparty Credit Risk Implementation Lead; FTC)

JOB TITLE: Counter party Credit Risk Implementation Lead (FTC)

LOCATION(S): London

HOURS: Full-time

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites.

Join the Traded Risk Evolution and Calculation team as Counter party Credit Risk Implementation SME Lead. You’ll act as the principal subject‑matter expert and primary point of contact for a strategically important enhancement to the Group’s counter party credit risk capabilities. You’ll interpret complex regulatory and technical requirements, establish clear risk positions and guide teams in translating them into robust models, data, processes, controls and technology outcomes.

This is an opportunity to become the recognised counter party credit risk lead for a strategically important change within Financial Risk, shaping how risk is measured, handled and governed.

You’ll provide authoritative subject‑matter leadership across regulatory interpretation, exposure measurement, modelling, data, controls and front‑to‑back risk processes. Working closely with Risk, Finance, Technology, Transformation and business teams, you’ll resolve complex questions, set implementation direction, challenge proposed solutions and ensure outcomes are technically sound, consistent and aligned with regulatory expectations.

• Act as the principal counter party credit risk subject‑matter expert and first point of contact for technical, regulatory and implementation matters.
• Interpret regulatory requirements and establish clear, practical positions for their application across risk methodologies, models, data, systems, processes and controls.
• Set the technical direction for implementation, defining expected outcomes, key design principles and acceptance criteria.
• Provide effective review and challenge of proposed solutions, identifying gaps, inconsistencies and unintended risk consequences.
• Resolve complex counter party credit risk questions and provide clear, evidence-based recommendations to senior collaborators and governance forums.
• Connect specialists across Risk, Finance, Technology, Data and the business, ensuring decisions reflect a coherent front‑to‑back risk view.
• Lead the development of high‑quality technical documentation, regulatory evidence, policies, standards and implementation guidance.
• Build counter party credit risk capability across the organisation through coaching, knowledge sharing and effective engagement with senior and non‑technical audiences.

We’re transforming esting billions in our people, data and tech to change the way we meet the needs of our 28 million customers. We’re growing, and we’d love you to be part of the journey.

• Deep counter party credit risk expertise, including exposure measurement, risk drivers, modelling concepts, traded products and the associated prudential framework.
• Proven experience acting as a senior subject‑matter expert on complex counter party credit risk, model, regulatory or risk‑transformation initiatives.
• Strong ability to interpret complex requirements, form defensible technical judgements and translate them into practical implementation guidance.
• Credibility to provide constructive challenge, influence senior collaborators and represent counter party credit risk matters in governance forums.
• Excellent communication skills, with the ability to explain complex risk concepts clearly to technical and non‑technical audiences.
• A strong understanding of the interaction between risk methodologies, models, data, technology, controls and front‑to‑back operating processes.
• Strong understanding of key CCR exposure and capital models such as PFE, IMM, SACCR and desirable if knowledge…