Wintermute

Counterparty Risk Analyst

Wintermute

full-time

Posted on:

Location Type: Hybrid

Location: New York City • New York • United States

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Job Level

Junior

About the role

  • Develop and maintain the firm risk management strategy.
  • Perform credit due diligence assessments of counterparty and exchanges, assigning and monitoring credit limits.
  • Implement sound risk management processes, risk metrics, monitoring and escalation tools for our digital assets activities and expending traditional markets activities.
  • Proactively help enhance the risk framework across derivatives and spot products.
  • Analyse market trends, reports, statistics, and relevant documentation, then inform relevant stakeholders as appropriate.
  • Work closely with Middle Office on trade life cycle events such as margin calls, trade settlement and collateral management.
  • Partner with Legal and Business Development teams to review and negotiate risk-related terms in ISDA and other trading agreements.
  • Ensure the risk framework remains compliant with evolving broker-dealer regulatory standards and internal governance protocols.

Requirements

  • Bachelor’s degree in a quantitative or relevant business subject.
  • 1-5 years’ experience in Risk Management with Credit Risk being an advantage or relevant responsibilities in a top tier/high performance financial institution. We are also open to seeing candidates with other risk experience who are willing to transition to counterparty credit risk.
  • Understanding of broker-dealer regulations and governance, including familiarity with FINRA requirements is a bonus.
  • Understanding of OTC trading workflows and the trade life cycle of derivatives and spot products with a strong quantitative skills and high confidence working with numbers, large datasets.
  • Strong commercial acumen that includes ability to take calculated risks, proactively identify and mitigate risks, develop tailored solutions (vs one size fits all “by the book” approach).
  • Strong communication skills, the ability to understand when escalation is required.
  • Entrepreneurial and hands-on attitude, understanding the trade off between growth and risk.
Benefits
  • Opportunity to work at the world's leading algorithmic trading firm in digital assets.
  • Engaging projects offering accelerated responsibilities and ownership growth compared to traditional finance environments.
  • Great company culture: informal, non-hierarchical, ambitious, highly professional yet with a startup vibe, collaborative and entrepreneurial.
  • A vibrant working culture with team events, celebrations and company wide team building events.
  • A cool office in the heart of New York City which often hosts some of the leading industry events.
  • A performance-based compensation with a significant earning upside alongside standard perks like private medical insurance.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
risk managementcredit due diligencerisk metricsmarket analysistrade life cyclecollateral managementquantitative analysisOTC trading workflowsdata analysisrisk framework
Soft Skills
commercial acumencommunication skillsproblem-solvingentrepreneurial attituderisk mitigationstakeholder engagementadaptabilityproactive identification of risksnegotiation skillsteam collaboration