CIB Risk Job Description
CIB Risk Duties & Responsibilities
To write an effective CIB risk job description, begin by listing detailed duties, responsibilities and expectations. We have included CIB risk job description templates that you can modify and use.
Sample responsibilities for this position include:
CIB Risk Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for CIB Risk
List any licenses or certifications required by the position: CDCS, SSAE16, CISA, CISSP
Education for CIB Risk
Typically a job would require a certain level of education.
Employers hiring for the CIB risk job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Engineering, Economics, Physics, Accounting, Mathematics, Math, Education, Statistics, Business
Skills for CIB Risk
Desired skills for CIB risk include:
Desired experience for CIB risk includes:
CIB Risk Examples
CIB Risk Job Description
- Part and parcel of credit decision-making process in live stressed/distressed situations on an advisory/managed basis
- Formulation of exposure management strategy alongside other risk colleagues
- Working closely with senior credit officers and other deal team members to ensure team’s priorities are met on an on-going basis
- Ongoing contribution to regulatory and risk reporting agenda
- Identify, monitor, mitigate, manage, and report risks in the ACCE Collateral Management business including credit, operational, market, and fiduciary risks
- Perform credit diligence on an ongoing basis for North American subsidiaries of MNCs headquartered overseas (inbound MNCs)
- Provide a cohesive and comprehensive approach to ratings, risk assessment, portfolios and clients and sectors within multiple industry sectors for a broad array of international MNCs with significant US operations (portfolio of 200 + credit families)
- Partner with CIB Coverage, Global Corporate Banking both at parent and subsidiary level, DCM, SLF, Treasury Services and Sales and Trading groups to ensure client needs are met and credit exposures are accurately assessed
- Recommend credit decisions and partner with EMEA, APAC and Latam Credit Officers for final credit approval
- Own credit and grading policies in relation to MNCs, and provide recommendations to enhance relevant policies based on credit, industry, and regulatory changes
- Ability to lead by example and is an effective role model
- Strong background and understanding of investment banking traded products (both cash and derivative) trade finance and lending
- Strong sense of accountability and ownership of responsibilities
- IT Risk Management/Audit industry certification (such as CISSP, CISA, CRISC, ) a plus
- Good understanding of financial markets and products – preference for equity derivatives knowledge
- Enthusiastic, proactive and delivery focused with ability to work well in either a team or autonomously as required
CIB Risk Job Description
- Risk Analysis and Issue Identification - Conduct exercises and reviews by analysing information across core systems and reports
- Proactive Deep Dives - Working alongside more senior Risk Managers the candidate will design and execute proactive deep dives for key risk areas
- Build Partnerships with Functional Colleagues - Responsible for developing and maintaining relationships with Credit Risk Middle Office and Operations with the aim of identifying and escalating key risks and issues within risk management
- Being an escalation point for the team leaders for both internal and external queries
- Providing feedback and coaching to the team on root causes of reported re-issues with resolutions
- Leading and implementing projects to enhance processes and improve performance analysis
- Assigning and maintaining country ratings/outlooks
- Regularly communicating views to internal clients both verbally and in written (such as investment bankers, credit executives, relationship managers )
- Build and maintain working relationships with stakeholders in the different businesses our team supports (e.g., Equities, Fixed Income, Commodities, F&O) and functions (e.g., Legal, Compliance, Technology, Finance, Operations, Risk)
- Involvement in new business deals, contract negotiations, product change initiatives and regulatory adherence
- A Bachelors degree and 3 years experience working at a financial institution in a market risk or trading capacity
- Organized and committed to meeting deadlines
- Experience in order management and/or pricing
- Experience building real-time, high availability applications
- Experience in the Scrum method of agile software development
- Minimum 5 years) Java, Application frameworks such as Spring
CIB Risk Job Description
- Follow standard operating procedures in the preparation of performance reports, including attribution, contribution, ex-post/ex-ante risk produced by Analysts
- Maintain up to date client specific process documents and product specific trouble shooting guides
- Effectively manage upstream dependencies and escalate production system issues in a prompt manner to mitigate the risk of late delivery to clients
- Support Senior Analysts and team leaders to review client change requests and assist in coordinating internal stakeholders to implement technical solutions within the performance & risk system that meets client requirements
- Manage and coordinate EMEA approvals for New Deals Approval Committee including ongoing product training to risk professionals in order to facilitate decisions/approvals
- Manage FIG clients across Europe supporting the Credit Officers in the daily credit risk management of the portfolio
- Leading the responsibility for taking approvals to the Primary Credit Officer, including the more complex transactions and deal amendments
- Working with CIB coverage officers, Corporate Bankers and product groups (FX, Derivatives, Debt Capital Markets and Commodities) in conjunction with live transactions
- Working on the documentation of new transactions and amendments to existing transactions in conjunction with legal counsel
- Coach more junior member of the team including the colleagues in India
- Web Development via Google Web Toolkit
- Cucumber testing framework
- Real-time market data services such as Reuters & Bloomberg
- Stash/GIT / ClearCase
- Cruise Control / Hudson
- Operational Risk Management across the entire firm
CIB Risk Job Description
- Credit expert for a portfolio of clients by completing credit analysis, Risk Reviews, stress tests and ad-hoc projects
- Proactively manage the on-going credit relationships by assigning internal ratings and recommending credit appetite
- Partner with Risk Administration VP to ensure Coverage and Product Origination groups understand risk for their LOB, appropriately mitigate risks and execute according to policy and regulations
- Manage and assist with the build and maintenance of best practices playbooks for each LOB
- Review quality assurance activities, enhance controls within each line of business
- Monitor/analyze issues for recurring symptomatic events
- Work with CIB ORM and CIB Compliance to document /report group level KRIs/KPIs
- Ensure compliance/risk training is complete and appropriate
- Manage and continuously enhance Business Continuity Plans, Information Access Management, Business Impact Analysis and Disaster Recovery plans are managed, documented and appropriately tested
- Set up maintain the administrative infrastructure for CIB including organizational charts, committee charters, ease of access to risk and training materials
- IB Market Risk
- The ability to work effectively under pressure and to tight deadlines in a team environment
- Sound presentation skills including the ability to communicate risk issues clearly and concisely
- Ability to balance risk against the costs of implementing and supporting compensating controls
- Sound understanding of information risk management principles and understanding of internal control concepts
- Strong analytical skills to identify weaknesses and recommend effective and efficient solutions
CIB Risk Job Description
- Partner/coordinate with COO of Sales and Trading regarding alignment of risk management practices and implementation of rules/regulations
- Take part in the implementation of the platform for the on-going monitoring of the VAR models performance
- Carry out research projects in order to suggests methodologies and improve on existing ones for the VAR monitoring
- Analyse the VAR performance monitoring results
- Identify potential model limitations of either the VAR model or the usage of a pricing engine for particular products
- Support of the MR PTG SharePoint running and enhancement
- Preparation for regular PTG working group and review sessions
- Coordination of requirements/documentation as PTG evolves
- Fielding of PTG related enquiries from Coverage, other internal control functions
- Supporting colleagues with Regulatory exams/reviews
- General understanding of IT infrastructure components (mainframe vs
- Documenting new transactions and amendments to existing transactions in conjunction with legal counsel Maintaining connectivity with London-based Credit colleagues to stay aware of overall market developments, best practices training and development
- Previous Associate-level Credit Risk and/or leveraged finance transactional experience strongly preferred
- Monitor and approve intraday cash payment transactions
- Inform Client Service about aged overdrafts (and priority of aged ODs) requiring
- Work with Country Risk analytics in creation of bespoke stress tests when required