Counterparty Credit Risk, Functional Specialist
Posted 6hrs ago
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Job Description
Counterparty credit risk specialist defining IMM limits-management solutions for Talan’s financial-services clients. Translating risk requirements into data, calculation, testing, and reporting capabilities.
Responsibilities:
- Lead the definition of complex business requirements related to CCR / IMM Limits Management
- Provide functional expertise on counterparty risk limits, including limit structures, utilization, thresholds, breaches, and monitoring processes
- Define and validate limit calculation and consumption rules, including exposure and risk metrics used against different limits
- Define functional requirements for limit setup, allocation, monitoring, utilization, and breach management
- Lead gap analysis and define as-is / to-be solutions for CCR limit frameworks
- Design end-to-end functional solutions aligned with limit management processes, counterparty exposure data, risk metrics, and technology
- Analyze complex exposure and limit data, identify inconsistencies, and propose solutions
- Define functional rules, data requirements, and calculation logic across DataLake and Atoti layers
- Lead validation and reconciliation of limits, utilization, and exposure metrics across systems and data sources
- Define requirements for limit monitoring dashboards, alerts, breaches, and reporting capabilities
- Define functional testing strategies, acceptance criteria, and validation frameworks
- Act as senior functional point of contact for Risk, Trading Desks, Quants, and Technology teams on CCR limits topics
- Provide functional guidance to Functional Specialists and Junior Analysts
- Review and challenge proposed solutions for business, risk, limits, and analytical alignment
- Support prioritization and resolution of complex functional, calculation, and data quality issues
- Ensure end-to-end traceability from business requirements and rules through implementation, testing, and production validation
- Support certification activities, production releases, and post-production validation
Requirements:
- 4+ years of experience in Counterparty Credit Risk, with strong expertise in CCR / IMM Limits Management and CIB Markets environments
- Expert knowledge of Counterparty Credit Risk (CCR / IMM)
- Expert knowledge of Limits Management
- Strong understanding of CCR limit frameworks, structures, and hierarchies
- Strong expertise in limit monitoring, utilization, thresholds, and breaches
- Knowledge of exposure and risk metrics used for limit consumption
- Solid understanding of financial products and derivatives
- Experience with Trading Desk and Risk metrics
- Experience in risk analytics and reporting
- Ability to define and manage complex functional requirements
- Experience in functional solution design
- Strong data analysis and validation skills
- Knowledge of SQL
- Understanding of data and reporting architectures
- Experience working with Jira and Confluence
- English level B2 or higher
- Knowledge of XVA concepts and metrics
- Experience with DataLake and/or Databricks
Benefits:
- Full-time or B2B contract
- Remote within CET Time zone
- Possibility to be part of a multicultural team
- Work on international projects



















