Senior Counterparty Risk Analyst & Project Manager

Vacancy details

General information

Entity

Crédit Agricole CIB is the corporate and investment banking arm of Credit Agricole Group, the 12th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2018). Nearly 8,300 employees across Europe, the Americas, Asia-Pacific, the Middle East and North Africa support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.

For more information, please visit www.ca-cib.com

Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/
  

Reference

2019-44496  

Publication date

02/12/2019

Job description

Business type

Types of Jobs - Risk Management / Control

Contract type

Permanent Contract

Expected start date

06/01/2020

Management position

No

Job summary

Summary

Credit Administration & Monitoring (RPC-CAM) is responsible for monitoring the credit risk exposures on commercial facilities and FX capital markets trades booked in the UK. Additionally the department handles tasks connected with the credit risk process, such as producing credit alert reports for the London Credit & Monitoring Committee (LCMC), monitoring the credit limits in FX Electronic platforms or ensuring that Basel III data is correctly recorded and sent to central risk systems for RWA calculations.

Key Responsibilities

Ensure that Counterparty Risk exposures are correctly monitored on Capital Market activities and follow-up counterparty risk monitoring on FX Capital Market products in RPC CAM London using the appropriate tools (MORITO).

Ensure CLS risk related reports are produced and sent to RPC HO.

Perform controls and follow-up on FX and IRS Give Up processes and activities (via HARMONY).

Participate and represent the department in various projects related to Capital markets activities / studies.

On a monthly basis produce and finalise the Risk vs. Finance reconciliation (using SDP/CORALY, BMF and CRR info) and report the results to London RPC CAM Management and to RPC HO on due time

Undertake various important data reconciliations at month-end (including C1, C2 and C3)

Update bilateral netting agreement flag within the relevant systems

Prepare various daily, weekly and monthly reports

Update and maintenance of the CLS flag within the D2D platforms

Control and Monitoring

Participating to RPC HO projects / IT studies around Counterparty risk processes and systems to either follow the business strategy or improve the overall risk data quality (including the RWA optimization)

Working on FX and IRD Give Up report. Reporting breaches on those trades to RPC CAM Management and to FO. Participating to the functional / IT improvements in the processing chain.

Controlling the input of the Give Up limits and reviewing the relevant documents linked to these activities

Monitoring the credit limits for FX electronic platforms (D2D) in coordination with GMD, GIT and external providers;

Participate to the update of the procedures.

Compliance with all rules and regulations, internal as well as external;

Timely completion of all mandatory trainings (compliance, financial security);

Cooperation with Permanent Control, Audits, internal as well as external, and timely implementation of all recommendations

Legal and Regulatory Responsibilities
Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the London Compliance manual and the Financial Crime Policy.
Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.

Salary: Competitive

Closing date: 30 Dec 2019

Position localisation

Geographical area

Europe, United Kingdom

City

London

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

Good level of education – preferably Degree level

Required skills

Experience required

Good Capital Market products knowledge.
Good knowledge of Counterparty Risk systems, processes and procedures.
Good knowledge of Counterparty risk controls on capital market activities. Knowledge of SDP/GCE/ICTD systems.
Knowledge of FO systems (OMEGA, MUREX) and BO systems (CALYPSO).

Competencies required

Strong understanding of work practices, and procedures.
Capacity to perform in-depth audits on RPC existing processes.
Ability to prepare concise & high quality presentations.
Efficiency. Capacity to produce optimized reports in a timely manner.
Project Management

Desirable
Capacity to participate to internal / external projects and to represent RPC CAM London.

Skills & Knowledge requirements
Good communication skills.
Good knowledge of Microsoft Office.
High understanding of Credit, Accounting, Operations and IT issues.

Technical skills required

High understanding of Credit, Accounting, Operations and IT issues.