SVP, Counterparty Credit Risk Manager - Financial ...
Jefferies - new york city, NY
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Job Description SVP, Counterparty Credit Risk - Financial Institutions Job Description: SVP role within Global Counterparty Credit Risk management will be responsible for supporting the team's counterparty credit coverage of financial institutions: primarily commercial banks and broker dealers. The role will be instrumental in with ongoing management and growth of the Equities (Stock Loan and OTC Total Return Swap (TRS) business), Fixed Income (Repo/Reverse Repo), OTC FX (Prime Brokerage & Bi-Lateral) businesses & TBA hedging with Banks and Mortgage Originators. The position requires close interaction with the front and middle office, Legal, Collateral Management, and related internal corporate functions including: Treasury, Information Technology, Regulatory, Market Risk, Risk Operations among others. Primary Responsibilities: Work with clients to obtain needed credit information; Conduct counterparty credit due diligence calls; Review and draft the key credit terms in legal agreements; Complete internal credit ratings models and counterparty credit reviews; Review daily credit monitoring reports across the various businesses to ensure compliance with established credit limits and margin terms; Provide commentary and propose remediation for limit exceptions to senior management and work with the Business to remediate; Perform ongoing client financial, credit, and industry surveillance; Develop working relationships and coordinate efforts closely with internal front office partners and colleagues across Risk and other corporate functions; Enhance existing and/or create additional credit reports and presentations as needed Maintain credit pipeline of potential new counterparties; Required Background/ Skills: 10+ years of experience in Counterparty Credit Risk (specifically banks and broker dealers)/ BA or equivalent, MBA preferred. Formal credit training preferred. Proficiency in financial statement analysis. Financial and/or banking industry experience, with working knowledge of industry traded products preferred. Experience with legal agreements including: MSLAs, MRAs, MSFTAs, ISDA and MCAs. Solid communication skills, both verbal and written. Strong Excel and modeling skills. MS Office Suite and Bloomberg proficiency. The salary range for this role is $175,000 - $275,000 About Us Jefferies Financial Group Inc. (''Jefferies,'' ''we,'' ''us'' or ''our'') is a U.S.-headquartered global full service, integrated investment banking and securities firm. Our largest subsidiary, Jefferies LLC, a U.S. broker-dealer, was founded in the U.S. in 1962 and our first international operating subsidiary, Jefferies International Limited, a U.K. broker-dealer, was established in the U.K. in 1986. Our strategy focuses on continuing to build out our investment banking effort, enhancing our capital markets businesses and further developing our Leucadia Asset Management alternative asset management platform. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia. At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients. Jefferies is committed to creating and sustaining a diverse workforce and encourages applicants from all backgrounds to apply. This includes applicants from historically underrepresented groups, including women, racial and ethnic minorities, members of the LGBTQ+ community, military veterans, and individuals with disabilities or who are neurodiverse. Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law. All employees must follow Jefferies' COVID-19 protocol policy, which is subject to change.
Created: 2024-11-05