Strategic Risk Oversight Specialist
3 days ago
Frank Consult's international commodity trading division is seeking a highly skilled Global Counterparty Risk Manager to oversee global counterparty risk management, monitoring, and reporting for all trading locations.
Role Overview:
The Counterparty Risk Manager will be responsible for ensuring compliance with and continued relevance of counterparty credit risk policies within corporate directives. This includes quantification, monitoring, management, and reporting of all counterparty risk.
Main Responsibilities:
- Counterparty Risk Management:
- Ensure compliance with counterparty credit risk policies
- Quantify, monitor, manage, and report on all counterparty risk
- Weekly Exposures Summary:
- Provide a weekly aging summary of global credit exposures with commentary on risk and remediation strategies
- Contractual Sales Terms Monitoring:
- Monitor contractual sales terms to ensure compliance
- Collaboration and Communication:
- Collaborate with regional Traders, Managing Directors, and Finance teams regarding counterparty risk
- Counterparty Acceptance Process Oversight:
- Oversight of counterparty acceptance processes and standing data
- Risk-Based Solutions:
- Provide risk-based solutions and products to mitigate counterparty risk
- Evaluations and Reporting:
- Evaluate country risk and provide reports
- Credit Insurance and Service Provider Relationships:
- Oversight and management of all credit insurance and related service provider relationships
Qualifications and Experience:
To be successful in this role, you will need:
- A minimum of 5 years of experience in counterparty risk or a related field
- Excellent interpersonal and communication skills
- Demonstrated exposure to management executives for reporting and risk management
- An understanding of and ability to negotiate commercial implications of counterparty and credit decisions
- Team leadership and people management skills
- Demonstrable technology and MS365 proficiency
- Ability to work flexibly to strict time deadlines
- Excellent English language skills, with Spanish and/or French beneficial
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