Description

　　Job Summary:

　　The Director of Counterparty Credit Risk (CCR) is responsible for managing a team a credit risk analyst and implementing counterparty risk management disciplines across Raymond James. CCR’s is instrumental in establishing the firm’s risk appetite and monitoring the exposure of a portfolio of financial institutions and non-banks counterparties in securities trading, securities financing, and derivatives transactions.

　　The successful candidate will be responsible for the management and monitoring of counterparty credit risk including establishing and implementing policy documents, developing risk methodologies, producing and reviewing risk reports, management presentations and data and risk monitoring. Candidates will use their experience and expert judgement to approve clients, trade limit exceptions and escalate risk and exposure appropriately.

　　Additionally, this role will be responsible for collaboration across multiple business units to ensure counterparty, credit, market and liquidity risk are appropriately managed.

　　This position reports to the Head of Counterparty Credit Risk.

　　Essential Duties and Responsibilities:

　　Manage a team of analyst responsible to perform financial risk assessments on a diversified portfolio of counterparties including broker-dealer, banks, asset managers, insurance companies, hedge funds, family offices, mortgage brokers and government entities. The team takes a quantitative and qualitative approach utilizing data provided by the clients and/or sourced from third party vendors and the internet to assign a risk rating and set trading and exposure limits. Responsibilities also include approving new clients and streetside counterparties and approving trades and limit exceptions.

　　Drive the development and enhancement of the counterparty credit risk analyst function. Train, develop and manage the risk analyst. Continuously review and enhance credit risk methodology, counterparty risk system, risk reports and key risk indicators. Work with business partners on the development and implementation risk monitoring methodologies of new and existing products and business lines.

　　Assist in the review, development, and implantation of Counterparty Credit Risk policies and framework to ensure they align with the organization’s risk appetite, regulatory requirements, and industry best practices.

　　Anticipate new and emerging risk, assess impact on our businesses and work with other risk teams and business partners to implement appropriate controls and mitigants.

　　Prepare and review daily credit limit and exposure, market risk and stress test reports using sophisticated proprietary and third-party systems.

　　Ensure data integrity supporting credit, legal and trading documents, risk ratings and trading limits are captured appropriately in credit risk systems.

　　Identify opportunities to streamline, automate and enhance our risk governance, practices, processes, and controls.

　　Maintains strong relationships with senior leaders, including executive management, and supported business units.

　　Provide comprehensive and efficient solutions for complex risk measurement and reporting needs through ongoing monitoring of counterparties financial position and annual review process to ensure continued creditworthiness.

　　Analyze business processes, procedures, and information requirements to resolve problems and improve workflow and process efficiency.

　　Performs other duties and responsibilities as assigned.

　　Qualifications

　　Knowledge, Skills, and Abilities:

　　Knowledge of:

　　Fundamental concepts, practices, and procedures of accounting, financial principles and credit analysis.

　　Risk calculations using approved models such as Value at Risk (VaR), potential future exposures (PFE), and stress testing.

　　Principles of banking, finance, and securities operations.

　　Financial markets and products.

　　Federal and State securities laws and regulations.

　　Skill in:

　　Ability to work autonomously and drive results.

　　Researching, interpreting, and analyzing financial statements.

　　Financial analysis skills on public and private companies required.

　　Analyzing business processes, procedures, and information requirements.

　　Strong communication, organizational and time management are critical for this role.

　　Ability to perform data analysis and translate into presentations for business units and executive management.

　　Ability to connect the pieces in siloed structures and foster productive relationships across the lines of business in a large matrixed organization.

　　Maintaining documentation files.

　　Ensuring compliance with organizational policies and applicable State, Federal regulations.

　　Proficiency in Bloomberg, Microsoft Excel, PowerPoint and SQL scrips

　　Operating standard office equipment and using required software applications.

　　Ability to:

　　Manage multiple tasks with changing priorities to meet deadlines in a fast-paced environment with frequent interruptions.

　　Remain adaptable and resilient while working in sometimes high-stress environment.

　　Work independently as well as collaboratively within a team environment to accomplish objectives, share information, support colleagues, and encourage participation.

　　Attention to detail and ability to interpret and comply with established policies, procedures, and regulations.

　　Stay abreast of industry best practices, procedures, techniques, and regulations.

　　Develop strong working relationships at all levels of the organization as well as with business partners and external and internal clients.

　　Partner with other functional areas to accomplish objectives.

　　Manage and develop direct reports including managers and staff.

　　Plan, assign, monitor, review, evaluate and lead the work of others.

　　Identify training needs and develop subordinates.

　　Comply with established standards and procedures.

　　Lead others in providing a high level of customer service.

　　Educational/Previous Experience Requirements:

　　Bachelor’s Degree in accounting or finance. MBA/CFA/FRM is preferred. Minimum of eight (8) years of relevant analysis experience in a financial services environment, including at least four (4) years of people management experience.or

　　Any equivalent combination of experience, education, and/or training approved by Human Resources.Job: Risk

　　Primary Location: US-FL-St. Petersburg-Saint Petersburg

　　Organization RJF Risk Management

　　Schedule Full-time

　　Job Shift Day Job

　　Travel Yes, 10 % of the Time

　　Req ID: 2400123