Credit Officer, Derivatives Competence Center

Job Description

• We are seeking a highly motivated Client Officer to join the Derivatives Competence Center team within Credit Risk. This is a unique opportunity to develop expertise at the intersection of credit risk, derivatives, market risk, and business banking, contributing to the creation of lasting client wealth.

Responsibilities

• Structure and approve credit facilities for MNM & FSO clients engaged in FX, equity OTC, and ETF trading.
• Work closely with relationship managers and product specialists to support clients' business while maintaining sound risk standards.
• Monitor trading counterparties' credit exposure and manage trading arrangements for sophisticated client portfolios.
• Manage margin defaults, limit increases, and limit changes.
• Provide expert advice on risk models related to credit risk needs.
• Support the expansion of OTC and equity OTC products in both bilateral transactions and position monitoring services.
• Participate in strategic initiatives related to margining systems, collateral management, and risk models.
• Provide support on the supernumerary desk as a subject matter expert by handling special orders (in capital/risk management and reporting on credit fund trends).
• Build trusted relationships with front-office traders, legal departments, and key partners.
• Support transaction executions through close collaboration with internal stakeholders.
• Work with legal counsel and external counsel on specialized credit instruments and contracts.
• Communicate risk recommendations clearly and effectively.
• Contribute to projects focused on risk monitoring, infrastructure, and process improvements.
• Support automation and data optimization within the monitoring and reporting functions.
• Engage with internal audit teams on a regular basis.
• Collaborate with internal and external teams to manage risk and ensure compliance with regulatory requirements.
• Demonstrate appropriate values and behaviors, including (but not limited to) standards of honesty, integrity, fair use, and diligence in sharing limited personal data; management of conflicts of interest, compliance, and continuous development; adequate market integrity; and compliance with applicable laws and regulations.

Requirements

• Experience in credit risk / a training and support role in market derivatives.
• Strong analytical skills and the ability to assess risk.
• A university degree in a relevant field.
• At least 5 years of experience in market trading activities.
• ATM and ETF equity derivatives.
• Understanding of margining, collateral management, and trading.
• Strong structured derivatives products and risk, regulatory frameworks.
• Ability to build strong relationships across functional units—from trading to credit—that manage large client trading portfolios.
• Knowledge of credit models, data systems, and trading platforms such as Mnemonic, MarketFactory, Bloomberg, SDC, and Capital would be advantageous.