Counterparty Credit Risk Manager – Market Risk

Lloyds Banking Group

Counterparty Credit Risk Manager responsible for monitoring the Bank's Traded Counterparty Credit Risk portfolio. Leading strategic development of counterparty credit risk frameworks and ensuring compliance with regulatory requirements.

Posted 6/30/2026full-timeLondon • 🇬🇧 United KingdomMid-LevelSenior💰 £93,087 - £103,430 per yearWebsite

Tech Stack

Tools & technologies

PythonSQL

About the role

Key responsibilities & impact

Act as the key bridge between Market Risk and Credit Risk.
Proactively lead CCR input into counterparty credit assessments.
Drive the use of exposure analytics and forward-looking risk views in credit decision-making.
Act as a Primary Model User, taking ownership for driving enhancements to CCR exposure methodologies.
Proactively monitor and assess the effectiveness of the LBG collateral management framework.
Proactively identify and implement actions to reduce exposure.
Monitor and drive enhancements to the CCR risk appetite.
Take ownership of the execution of the CCR stress testing framework.
Own the day-to-day execution of the CCR exception control process.
Proactively monitor traded counterparty exposures against limits.
Lead the production of analysis and insights on counterparty exposures, concentrations and stress sensitivities.
Maintain a strong understanding of CCR regulatory frameworks.

Requirements

What you’ll need

Minimum of 5 years Market / Counterparty Credit Risk experience.
Strong understanding of traded products (interest rate, FX, credit and securities financing transactions).
Demonstrated ability to interpret risk, challenge assumptions, and translate analytics into credit decisions.
Degree in an economic, financial or quantitative discipline, or equivalent professional qualification.
Excellent written and verbal communication skills.
Proactive and delivery-focused, with a strong sense of ownership and ability to drive tasks end-to-end.
Strong analytical and attention to detail skills, particularly in extracting and transforming large datasets.
Experience with Power BI, Python and/or SQL is advantageous.
Strong stakeholder management skills.

Benefits

Comp & perks

A generous pension contribution of up to 15%.
An annual performance-related bonus.
Share schemes including free shares.
Benefits you can adapt to your lifestyle, such as discounted shopping.
30 Days' holiday, with bank holidays on top.
A range of wellbeing initiatives and generous parental leave policies.

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

Counterparty Credit AssessmentsRisk Appetite MonitoringData AnalysisRisk InterpretationTraded Products Knowledge

Soft Skills

Excellent Communication SkillsProactive AttitudeAttention to DetailOwnershipDelivery-Focused

Certifications

Degree in Economic DisciplineDegree in Financial DisciplineDegree in Quantitative Discipline