Counterparty Credit Risk, Functional Specialist

This is a fully remote position, open to applicants in Poland.

📋 Description

• Oversee the establishment of intricate business requirements pertaining to CCR / IMM Limits Management.

• Offer functional expertise on counterparty risk limits, encompassing limit structures, utilization, thresholds, breaches, and monitoring procedures.

• Identify and confirm limit calculation and consumption rules, including exposure and risk metrics applied to various limits.

• Specify functional requirements for limit configuration, allocation, monitoring, utilization, and breach management.

• Conduct gap analysis and outline current and future solutions for CCR limit frameworks.

• Create comprehensive functional solutions that align limit management processes with counterparty exposure data, risk metrics, and technology.

• Examine exposure and limit data, detect inconsistencies, and suggest resolutions.

• Establish functional rules, data requirements, and calculation logic across DataLake and Atoti layers.

• Lead the validation and reconciliation of limits, utilization, and exposure metrics across various systems and data sources.

• Determine requirements for limit monitoring dashboards, alerts, breaches, and reporting functionalities.

• Develop functional testing strategies, acceptance criteria, and validation frameworks.

• Serve as the senior functional point of contact for Risk, Trading Desks, Quants, and Technology teams concerning CCR limits matters.

• Provide functional direction to Functional Specialists and Junior Analysts.

• Evaluate and challenge proposed solutions to ensure alignment with business, risk, limits, and analytical needs.

• Assist in prioritizing and resolving complex functional, calculation, and data quality challenges.

• Guarantee comprehensive traceability from business requirements and rules through to implementation, testing, and production validation.

• Aid in certification activities, production releases, and post-production validation.

⛳️ Requirements

• A minimum of 4 years of experience in Counterparty Credit Risk, with significant expertise in CCR / IMM Limits Management and CIB Markets environments.

• In-depth knowledge of Counterparty Credit Risk (CCR / IMM).

• Proficient understanding of Limits Management.

• Strong grasp of CCR limit frameworks, structures, and hierarchies.

• Extensive expertise in limit monitoring, utilization, thresholds, and breaches.

• Familiarity with exposure and risk metrics utilized for limit consumption.

• Sound understanding of financial products and derivatives.

• Experience with Trading Desk and Risk metrics.

• Background in risk analytics and reporting.

• Ability to define and manage intricate functional requirements.

• Experience in designing functional solutions.

• Strong skills in data analysis and validation.

• Knowledge of SQL.

• Understanding of data and reporting architectures.

• Experience working with Jira and Confluence.

• English proficiency at level B2 or above.

• Familiarity with XVA concepts and metrics.

• Experience with DataLake and/or Databricks.

🏝️ Benefits

• Full-time or B2B contract options available.

• Remote work within the CET Time zone.

• Opportunity to be part of a multicultural team.

• Engage in international projects.