Director, Credit Risk Management at BlackRock

London, England, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Investment Management, Asset ManagementIndustries

Requirements

Minimum 10 years of experience in finance, with a focus on capital markets and counterparty credit risk
Strong understanding of capital markets trading risks and market practices, including derivatives, repo financing, securities settlement, and securities lending
Expertise in legal documentation relevant to capital markets (ISDA, GMSLA, MSFTA)
Proven leadership experience managing regional or global teams
Familiarity with statistical models used in counterparty credit risk (e.g., PFE, CVA, stress testing)
Excellent communication and stakeholder management skills
Bachelor’s degree in Finance, Economics, or related field; advanced degree or professional certifications (e.g., CFA, FRM) preferred
Experience working in a global asset manager or investment bank (preferred)
Ability to navigate complex regulatory environments across jurisdictions (preferred)
Demonstrated success in influencing senior decision-makers (preferred)

Responsibilities

Lead the EMEA and APAC Counterparty Credit Risk team, overseeing regional credit risk assessments and approvals
Conduct detailed credit analysis of financial counterparties including broker/dealers, banks, and other non-bank financial institutions
Provide guidance on relevant legal documentation negotiations, including ISDA, GMSLA, and MSFTA agreements
Provide strategic input into risk appetite, limit setting, and escalation protocols for Securities Lending enterprise risk
Apply statistical and quantitative methods to assess counterparty credit exposures, including stress testing and scenario analysis
Develop and maintain strong relationships with senior stakeholders across securities lending, trading, legal, compliance, and portfolio management teams
Mentor and manage a team, fostering professional development and high performance

Skills

Key technologies and capabilities for this role

Credit Risk ManagementCounterparty RiskCapital MarketsRisk AnalysisSecurities LendingTrading RiskQuantitative ModelsPortfolio RiskEMEAAPAC

Questions & Answers

Common questions about this position

What is the employment type for this role?

This is a full-time position.

Is this role remote or does it require office presence?

This information is not specified in the job description.

What key skills are required for the Director, Credit Risk Management role?

The role requires expertise in detailed credit analysis of financial counterparties, statistical and quantitative methods including stress testing, and guidance on legal documentation like ISDA, GMSLA, and MSFTA agreements.

What is the team structure for this position?

The role involves leading the EMEA and APAC Counterparty Credit Risk team within BlackRock’s Risk & Quantitative Analysis (RQA) group, collaborating with global teams in trading risk, counterparty risk, and securities lending.

What makes a strong candidate for this role?

A seasoned credit risk professional with leadership experience, expertise in counterparty credit risk management across EMEA and APAC, and the ability to mentor teams while building relationships with senior stakeholders stands out.

BlackRock

About BlackRock

New York City, New YorkHeadquarters

1988Year Founded

$78,647.7MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

Benefits

Health Insurance

Unlimited Paid Time Off

Mental Health Support

Wellness Program

401(k) Retirement Plan

Risks

FDIC scrutiny could lead to regulatory challenges for BlackRock.

Workforce reduction may indicate internal financial pressures or strategic shifts.

Involvement in Yangzijiang Shipbuilding exposes BlackRock to geopolitical risks.

Differentiation

BlackRock's Bitcoin ETF, IBIT, reached over $50 billion in assets quickly.

The firm is developing a layer-2 tokenized real-world asset platform on Ethereum.

BlackRock's partnership with Frax Finance enhances its stablecoin market presence.

Upsides

IBIT's success attracts a broader range of cryptocurrency investors.

The Ethereum platform positions BlackRock as a leader in blockchain financial services.

Partnership with Frax Finance enhances digital finance offerings and compliance.

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