SEVP - Traded & Treasury Credit Risk

Role purpose

Credit risk leadership

• Lead the end-to-end lifecycle for derivatives, FX, repo and reverse repo, securities lending and borrowing, structured funding, and interbank counterparty exposures.
• Develop and enhance counterparty credit policies, procedures, underwriting standards, and governance across jurisdictions.
• Partner with Global Markets and Treasury to structure credit and collateral arrangements within risk appetite, product governance, and local regulatory requirements.
• Advise on margining, netting enforceability, collateral eligibility, wrong-way risk, settlement risk, and ISDA, CSA, GMRA, and GMSLA documentation.
• Evaluate and approve complex counterparty proposals and limits within delegated authority; oversee underwriting quality and timely processing.
• Oversee counterparty, product, country, concentration, settlement, and pre-settlement exposures and guide mitigation strategies.

Strategy and portfolio oversight

• Translate bank risk and Treasury/Global Markets strategy into a traded and treasury credit-risk framework aligned with balance-sheet objectives, market risk appetite, and counterparty limits.
• Drive portfolio strategy for Treasury placements, derivatives, securities financing, and structured funding exposures.
• Lead exposure-monitoring, limit-framework, collateral-optimization, and policy-digitization initiatives; improve assessment methods, monitoring tools, stress testing, and exposure evaluation.
• Monitor EAD, PFE, limit utilization, mark-to-market volatility, portfolio quality, and counterparty rating migration.
• Use portfolio reviews, stress tests, scenario analysis, and breach monitoring to identify emerging risk and plan corrective action.
• Maintain early-warning frameworks and implement timely collateral calls, exposure reductions, margin enhancements, or limit restructuring.

Governance and stakeholder engagement

• Review and update credit policies, manuals, margining standards, collateral eligibility criteria, and documentation frameworks as markets, counterparties, products, and regulations evolve.
• Ensure proposals meet underwriting, legal-documentation, and governance standards and contribute to Credit Committee decisions.
• Partner with Treasury dealers, trading desks, and relationship teams on credit and collateral solutions and counterparty due diligence.
• Coordinate with Market Risk, Credit Administration, Finance, Operations, Risk Analytics, Legal, Compliance, Technology, Internal Audit, and senior management.
• Engage regulators, clearing houses, custodians, legal advisers, auditors, and market infrastructure providers on compliance, enforceability, collateral valuation, and trading documentation.
• Represent Credit Management in transactions, exposure reviews, and regulatory interactions; support training, team capability development, and a strong risk culture.

Experience and qualifications

• MBA, CA, CFA, FRM, or equivalent postgraduate qualification in Finance, Banking, Financial Engineering, or Risk Management is preferred.
• Minimum 15–20 years of relevant banking experience with significant traded or counterparty credit-risk experience across Treasury and Global Markets products; 5–7 years of managerial experience is preferred.

Technical expertise

• Expertise in derivatives, FX, securities financing, repo and reverse repo, securities lending and borrowing, structured funding, and interbank placements.
• Strong understanding of MTM, PFE, EAD, settlement risk, Basel III CCR, SA-CCR, large-exposure norms, and capital adequacy.
• In-depth knowledge of collateral management, margining, collateral eligibility, haircuts, liquidity, and legal documentation including ISDA, CSA, GMRA, and GMSLA.
• Strong credit structuring, financial and counterparty assessment, portfolio risk analysis, stress testing, and scenario-analysis capabilities.
• Ability to manage multiple portfolios and competing priorities, make sound delegated credit decisions, communicate with senior stakeholders, and mentor underwriting teams.