Counterparty Credit Risk Analyst
Ref. Number: 22018
Department: Graduate Program, Risk Management Stream
Job Type: Global Recruitment
Posting Date: 28 December 2021
Closing Date: 6 February 2022
Counterparty Credit Risk Analyst
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow—infrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 105 approved members worldwide. We are capitalized up to USD100 billion and Triple-A-rated by the major international credit rating agencies. Working with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.
This position will be under the Risk Management Stream. Through a two-year rotational program in Risk Management Department and Office of the Treasurer, the Analyst will gain in-depth experience in monitoring and analyzing developments that affect current and future potential risk.
About the role:
The Analyst will monitor and manage counterparty and credit risk of AIIB’s treasury portfolio in accordance with the Bank’s risk appetite. They will conduct both qualitative and quantitative assessment to compile credit analysis of counterparties / issuers, recommend credit limits and then manage the exposure (including derivative exposure) while also making recommendations to proactively alleviate risk where possible. The Analyst shall effectively communicate current and future potential risk to internal stakeholders while ensuring that all data is captured and recorded.
During the rotational assignment to the Risk Management Department, the Analyst (Graduate Program) will:
• Review and analyze credit limits, assess the credit profile of active/potential counterparties and prepare proper credit limit recommendations for decision;
• Monitor adverse news which could potentially deteriorate counterparty / issuer credit quality and anticipate the potential impact of market events on business environment for specific counterparties or portfolios;
• Monitor portfolio quality with respect to various risk metrics on an ongoing basis and maintain data accuracy;
• Develop and apply product, sector and country expertise as need to support decision making
• Participate in the review and negotiation of credit terms within master agreements (i.e. ISDA, GMRA, GMSLA);
• Support drafting and revision of internal risk policies in the domain of the treasury portfolio;
• Ensure risk measurement methodologies are fit-for-purpose, comprehensive and implemented with integrity.
Through their rotational assignment to the Office of the Treasurer, they will:
• Perform analytical work to support the decision-making process in the investment area;
• Conduct industry and market research;
• Support analytical and financial modelling work needed for portfolio management;
• Support reporting on performance and risk of investment portfolios and propose reporting and data management enhancements;
• Support in the supervision of externally managed portfolios;
• In collaboration with other Treasury units, review, analyze and store important news wires, papers and articles relevant to the management of portfolios in the international fixed income markets;
• Liaise with relevant colleagues to contribute to smooth operations conducted in the investment area.
• Bachelor’s or Master’s degree in business administration, finance, economics or other related fields
• 2-3 years (with a Bachelor’s degree) or 1-2 years (with a Master’s degree) of relevant work experience, preferably in credit and/or counterparty risk management experience in financial institutions;
• In-depth knowledge of financial markets and products (i.e. FICC, OTC derivatives) and understanding of credit and counterparty risk metrics;
• Financial institution and SSA (Sovereign, Supranational and Agency) credit analysis skills with understanding of macroeconomics;
• Strong analytical and critical thinking skills. Demonstrable ability to pay strong attention to detail is essential;
• Good team player with strong initiative;
• Proficient in oral and written communication skills in English.
AIIB is committed to diversity, transparency and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability or sexual orientation.
Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.
Join us and help create a prosperous and sustainable Asia while growing your career in a diverse and innovative environment.