Counterparty Credit Risk Analyst

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Tradeweb LLC
  • 21 May 19

Counterparty Credit Risk Analyst

In order to capitalize on our success and continued growth plans we are seeking a Credit Risk Analyst, based in Jersey City, NJ to help meet the needs of a growing global business.

The successful candidate will be responsible for working within an established global Risk Management team to establish new credit relationships, setting risk ratings, setting and monitoring risk limits, and approving transactions outside existing limits, establishment of credit risk standards and approval process within established policies and procedures. Perform review of clients' ongoing credit usage and limits. There will be significant interaction with both clients and internal senior management. Candidates must have at least 3 - 5 years' experience in risk management and strong knowledge of market risk related to structured finance/credit products. Knowledge of European and US; Fixed Income, OTC derivatives, and Equity markets is required. Good communication skills are also a strong requirement. Excellent understanding of both US and Non-US Fixed Income, Equity, and derivative settlement practices including CCP and Fedwire as well as ISDA documentation including Netting and Collateral Agreements used for trading products and ability to set credit terms is required. This position will involve working directly with clients and internal business unit and technical management on a regular basis. Excellent interpersonal skills are required.

We look to hire people who are comfortable in working with minimal supervision as part of a small team that has consistently delivered ground-breaking and innovative solutions in one of the most exciting and fast-moving areas of the of the financial markets. We need people who are able to prioritize and can effectively communicate complex issues to non-technical team members. We need someone who has business experience in the Financial Industry, who can meet with our internal and external clients and talk confidently about our Risk Management practices.

The successful candidate will be a self-starter, who needs minimal supervision. Both on-the-job and professional training, where needed, will be given to help integrate the successful candidate into the team. We need people who enjoy a challenging role that will involve the use of toolsets, collaboration and ingenuity. The successful candidate will be someone that can quickly grasp the current Tradeweb system processes, controls, policies, and procedures.

The candidate will be required to assess the current due diligence response process in an effort to streamline, enhance, and improve the current method.

Job Responsibilities:

  • Perform credit analysis and assess the creditworthiness of financial institutions including broker/dealers, banks, investment managers, proprietary trading firms, and hedge funds
  • Prepare credit applications for new and existing counterparty credit limits
  • Monitor and respond to credit exceptions including intra-day limit encroachment and breach as well as overage approval process
  • Responsible for the maintenance and integrity of external and internal credit ratings
  • Work as part of a team to drive the development/maintenance of appropriate standards and technology tools for credit and risk monitoring
  • Assist in the performance of research and studies to support analytical methodologies
  • Develop tools to aid in the event of a counterparty default including global position liquidation processes
  • Liaise with various groups within the firm for the quick resolution of client or credit exposure related issues


  • Minimum three to five years of relevant credit experience with a focus on financial institutions
  • Excellent financial statement analysis skills
  • Strong knowledge of regulatory issues.
  • Strong understanding of global market risks and their impact on financial conditions
  • Ability to write functional specifications and assist IT personnel in development of automated credit/risk analysis applications.
  • Strong understanding of Non US Instruments, fixed income, derivative products including operations, clearing and settlement practices (US & Non US).
  • Bachelor's Degree completed or relative work experience required

About Tradeweb:

Tradeweb is a leading, multi-asset class, electronic trading venue for fixed income, derivatives and ETFs. Tradeweb offers institutional, wholesale and retail market participants unparalleled liquidity, cutting-edge technology and a broad range of data solutions that deliver better price discovery, order execution and trade workflows. The company serves more than 2,000 clients including banks, mutual funds, hedge funds, pension funds, insurance companies, central banks, corporates, inter-dealer brokers, brokers, financial advisors and registered investment advisors in over 50 countries across the Americas, Europe and Asia. Tradeweb operates trading platforms in more than 25 products including government bonds, mortgages, corporate bonds, municipal bonds, interest rate swaps, credit defaults swaps rates, repurchase agreements and equity derivatives. In an average trading day, Tradeweb facilitates more than $525 billion in notional value traded.

Tradeweb Markets LLC (\"Tradeweb\") is proud to be an EEO Minorities/Females/Protected Veterans/Disabled/Affirmative Action Employer.