Job Description
Head of Counterparty Credit Risk (Hedge Funds, Proprietary Trading Firms, Broker-Dealers) 1 week ago Be among the first 25 applicants
Get AI-powered advice on this job and more exclusive features.
Office Status: On - Site
Salary: Up to $275,000
Job Summary:
A leading financial services firm is seeking a senior credit risk professional to lead its Counterparty Credit Risk function. This role reports directly to the Chief Risk Officer and is responsible for overseeing counterparty exposure across hedge funds, proprietary trading firms, broker-dealers, banks, and asset managers.
This is not a lending risk role. The firm’s exposure is primarily settlement (DVP) risk, with a strong emphasis on real-time credit decisions, limit management, and regulatory compliance across a range of products and electronic trading platforms. The role manages a team of 7 credit professionals.
Key Responsibilities:
Lead counterparty credit risk reviews and manage exposure limits for a broad set of institutional clients.
Handle daily limit requests and approvals across multiple trading desks, including electronic execution platforms.
Apply SEC Rule 15c3-3, FINRA Rule 4210, and other regulatory frameworks in the governance of credit risk and pre-trade controls.
Oversee the justification, documentation, and ongoing monitoring of credit limits and usage.
Collaborate with front office, legal, compliance, and operations to ensure effective and timely credit risk decisions.
Maintain and enhance risk policies, monitoring tools, and internal rating methodologies.
Manage, mentor, and develop a team of 7 credit risk professionals.
Seniority level Seniority level Director
Employment type Employment type Full-time
Job function Job function Finance
Referrals increase your chances of interviewing at Madison-Davis, LLC by 2x
New York, NY $110,000 - $150,000 3 weeks ago
Investment Banking Analyst, Equity Capital Markets New York City Metropolitan Area $110,000 - $125,000 3 weeks ago
Risk Analyst - Prestigious Hedge Fund - $250k+ total comp package New York City Metropolitan Area 3 weeks ago
Englewood Cliffs, NJ $60,000 - $70,000 1 week ago
Private Credit Middle Office Analyst- Top Hedge Fund New York City Metropolitan Area $100,000 - $155,000 1 week ago
New York City Metropolitan Area 1 day ago
New York, NY $100,000 - $130,000 3 months ago
Alternative Credit - Fund Solutions, Associate Corporate Banking Credit Analyst - Multinational Corporates New York City Metropolitan Area $160,000 - $170,000 2 weeks ago
New York City Metropolitan Area $175,000 - $225,000 2 weeks ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr Madison-Davis, LLC
Job Tags
Full time,
Similar Jobs
RL People
...take the next step in your career and lead a high-performing sales team? Join a fast-growing, innovative company at the forefront... ...President of National Account Sales Director of Sales, Enterprise (Pharmaceuticals) Chicago, IL $90,000.00-$120,000.00 6 months agoSales...
Koa Restoration & Maintenance
Job Description Job Description Position Overview : We are seeking a dedicated Specialty Crew staff member to join our team. The Specialty Crew team member plays a crucial role in maintaining cleanliness and overall sanitation within facilities, ensuring a safe...
Alto Healthcare Staffing
Alto Healthcare Staffing is seeking a travel MRI Technologist for a travel job in Atlanta, Georgia. Job Description & Requirements ~ Specialty: MRI Technologist ~ Discipline: Allied Health Professional ~ Start Date: 06/30/2025~ Duration: 12 weeks ~40 hours...
TP Trucking & Logistics
Job Description: Class A Regional OTR Flatbed Truck Driver CDL-A Regional OTR Flatbed Truck Driver Jobs Open Now with Competitive Miles for Higher Earnings! TP Trucking is a carrier thats really going places and we have a place for you! This family-oriented company...
Wingstop
Wingstops mission is to serve the world flavor. Wingstop is the destination when you crave fresh never faked wings, hand-cut seasoned fries and any of our famous sides. For people who demand flavor in everything they do, there's only Wingstop. We are looking for team ...