Credit Officer, Derivatives Competence Centre

Job Description

• We are seeking a highly motivated Client Officer to join the Derivatives Competence Centre Team within Credit Risk. This is a unique opportunity to develop expertise at the intersection of Credit Risk, Derivatives, Market Risk and Business Banking, supplying some of the input to build lasting client wealth.

Responsibilities

• Structure and approve credit facilities for MNM & FSO clients with FX and Equity OTC and ETF trading activity.
• Partner closely with Relationship Managers and product specialists to facilitate client 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 credit risk needs.
• Support expansion of OTC and Equity OTC products in both bilateral transactions and position monitoring services.
• Participate in strategy initiatives involving margining systems, collateral management and risk models.
• Support on supernumerary desk as a subject matter expert by taking special orders (in capital/risk management, reporting on credit funds trends).
• Build trusted connections with front office traders, legal departments and key partners.
• Support transaction executions through close collaboration with internal stakeholders.
• Work with legal 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 enhancements.
• Support automation and data optimization within the monitoring and reporting functions.
• Engage with internal audit teams regularly.
• Collaborate with internal and external teams to drive risk and ensure regulatory requirements.
• Demonstrate appropriate values and behaviours including (but not limited to) standards on honesty, integrity, fair use and diligence, for sharing limited personal data; management of dealing of interest, compliance and continuous development; adequate market integrity and compliance with applicable laws and regulations.

Requirements

• Experience in credit risk / a training, support role in market derivatives.
• Strong analytical skills and risk judgement.
• University degree in a relevant discipline.
• At least 5 years in markets dealing 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 trading to credit units covering large trading client portfolios.
• Knowledge for credit model, data systems and trading platforms such as Mnemonic, MarketFactory, Bloomberg, SDC and Capital would be advantageous.