Counterparty Credit Risk BA

Summary: The Counterparty Credit Risk BA role in London focuses on developing and executing stress testing frameworks for counterparty credit exposure and market risk. The position requires strong quantitative skills and SQL expertise, along with a deep understanding of regulatory requirements. The successful candidate will collaborate with various teams to ensure compliance and effective risk management. This role is critical for supporting enterprise-wide stress testing cycles and regulatory submissions.

Key Responsibilities:

• Develop, enhance, and execute counterparty credit risk and market risk stress testing methodologies, including scenario design, exposure modelling, and loss projections.
• Perform PFE, EE, EAD, and RWA calculations under stressed conditions using frameworks such as SA-CCR and IMM.
• Assess the impact of severe market movements on derivatives, SFTs, and other trading book exposures.
• Produce clear, concise stress testing results for senior management, risk committees, and regulatory submissions.
• Support enterprise-wide stress testing cycles including CCAR, DFAST, PRA BES, and internal ICAAP/ILAAP exercises.
• Ensure alignment with regulatory expectations (Client, PRA, EBA, Client).
• Interpret new regulations and assess their impact on model design, implementation, and data sourcing.
• Contribute to delivering BCBS239-compliant data aggregation and risk reporting.
• Use advanced SQL to extract, transform, and validate data across multiple trading and risk systems.
• Expertise on Data governance, Data integrity, Data analysis on capital market and financial domain experience.
• Reconcile exposure, trade, and market data across source systems; identify data quality issues and drive remediation.
• Collaborate with technology teams to implement new data pipelines, automation, and scalable stress testing solutions.
• Partner with teams across Market Risk, Counterparty Credit Risk, Model Risk, Front Office, Treasury, and Regulatory Reporting.
• Present stress testing methodologies, assumptions, and results to senior executives and governance forums.

Key Skills:

• Strong quantitative skills and hands-on SQL expertise.
• Deep understanding of regulatory expectations such as CCAR, PRA Stress Testing, Basel III/IV, SA-CCR, FRTB, and BCBS239.
• Experience in developing stress testing methodologies and risk analytics.
• Ability to perform complex calculations under stressed conditions.
• Expertise in data governance, integrity, and analysis in capital markets.
• Strong collaboration and stakeholder management skills.

Salary (Rate): £469/day

City: London

Country: UK

Working Arrangements: undetermined

IR35 Status: inside IR35

Seniority Level: undetermined

Industry: Other