Summary
Credit Monitoring & Monitoring (RPC-CMR): Mainly responsible for monitoring the credit risk exposures on commercial facilities and Foreign Exchange (FX) capital markets trades booked in the UK. Additionally, the department handles tasks connected with the credit risk process, such as producing reports for the Senior Management Functions, monitoring the credit limits in FX Electronic platforms or ensuring that Basel III data is correctly recorded and sent to central risk systems for capital requirements (RWA) calculations. RPC-CMR in London also monitors the limits on FX and Interest Rate Derivatives (IRD) Give Up trading. Counterparty risk coordinates transversal processes like London Credit Committee, UK Risk Committee or Give Up Committee.
Key Responsibilities
- Run daily controls on specific Capital Market and Financing activities
- Ensure that Give Up relationships are correctly set up in risk systems and monitor any amendments
- Follow-up Credit Risk limits for FX E-Platforms (EBS, Reuters, 360T, etc.)
- Overview of FX Give Up breaches
- Participate in any data analysis or projects in collaboration with the team both on Capital Market and Financing Activities
Control and Monitoring
- Complying with regulatory duties by producing management information and dashboards (breaches of Capital Market limits, suspense account monitoring including Nostro, counterparts rating issues, etc.)
- Reporting breaches on FX and IRD Give Up trades to CACIB London branch Senior Management and external stakeholders.
- Participating to the functional / IT improvements in the Give Up tool processing chain
- Controlling the input of the Give Up limits and reviewing the relevant documents linked to Give Up perimeter
- Monitoring the credit limits for FX electronic platforms in coordination with GMD and GIT
- Participating to RPC HO projects / IT studies around Counterparty risk processes and systems to either follow the business strategy or improve the overall risk data quality and organization
- Participating to ad hoc management requests involving data visualisation or targeted analyses
- Participating to the update of the team’s procedures.
Legal and Regulatory Responsibilities
- Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the London Compliance manual and the Financial Crime Policy
. Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence