What are the responsibilities and job description for the Associate, Counterparty Credit Risk position at Madison-Davis, LLC?
Office Status: Hybrid
Salary: $80,000 to $135,000
Responsibilities:
- Review top 20 counterparty exposures and collateral balances
- Assist the front office sales and trading team on estimating counterparty credit exposures on new deal activity.
- Monitor and review XVA limit framework and risk sensitivity profile.
- Monitor CCR analytics for large DoD and MoM moves in PFE/EPE, Mark to Market, and Credit Exposure.
- Participate in special projects focused on enhancing the Counterparty Credit Risk System (CRISTAL)
- Performing UAT and regression testing on all Counterparty Credit Risk system enhancements.
- Provide month-end commentary for large moves in top 20 exposures, for industry/country exposures, for product exposure analysis across IR, FX and Repo transactions.
- Provide CCR slides for senior management discussion and committees (GRMC, RMC etc.)
- Perform Wrong Way Risk analysis for counterparties and enhance existing WWR framework
- Oversees production of daily counterparty credit exposure reports for accuracy and comprehensiveness.
- Analyze interrelationships across risk sensitivities, market to market values, and Counterparty Credit Risk exposures.
- Address data integrity problems that impact the accuracy of the risk analytics or Counterparty Credit Risk profile.
Salary : $80,000 - $135,000
