Clearing Risk Specialist, CCP Risk Management

1 week ago


Doha, Baladīyat ad Dawḩah, Qatar lxbfYeaa Full time

Our client is a leading financial institution looking for a Clearing Risk Specialist to manage all the setups in the Clearing System including the PCCP system. The setups include instruments, accounts, margin/risk parameters, and collaterals among other parameters in the PCCP system, and to monitor and manage CCP's risk exposures to Clearing Members.

Job Responsibilities will include:

  1. Lead the development and implementation of Clearing & Risk Strategy, ensuring accessibility of services to the customers.
  2. Manage all the setups in the Clearing System including the PCCP system.
  3. Manage all the post-trade activities including the PCCP system.
  4. Monitor and manage CCP's risk exposures to Clearing Members.
  5. Set margins and update other risk parameters in the PCCP system.
  6. Propose risk policies and risk models for senior management's approval.
  7. Review all risk policies and propose policy amendments.
  8. Review and back-test risk models used in CCP and propose fine-tuning if necessary.
  9. Analyze risk exposures of clearing members to the clearing house (CCP) and recommend risk mitigation measures; set margin rates based on market volatilities.
  10. Compile, review, and amend the risk policies.
  11. Propose risk models for margining, stress testing, and collateral evaluation.
  12. Review risk policies and validate risk models using back-testing and other analytical methods.

Key Skills Requirement:

  1. Bachelor's degree majoring in Business Administration/Management, Business Operations Management, or a relevant discipline.
  2. Master's Degree in the same disciplines or MBA is preferred.
  3. Professional certification in financial analysis is a plus.
  4. Minimum 8 years of experience in a similar field with a regulator or exchange in an established securities market.
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