Counterparty Credit Risk

The Counterparty Risk division comprises the Counterparty Credit Risk (CCR), Central Counterparty (CCP), and Commodities groups within Wholesale Credit Risk. These groups cover OTC derivatives (both cleared and non-cleared), futures and options, securities financing, securities prime services, CCPs, and commodities. The overall responsibilities of the group include, but are not limited to:

• Measuring and monitoring counterparty exposure and escalating issues where appropriate.
• Conducting ad-hoc risk investigations and analyses in collaboration with credit officers, sales, and senior management.
• Assessing the adequacy of CSA terms and determining initial margin requirements, including eligible collateral and valuations where applicable.
• Owning and maintaining all credit exposure metrics with continuous adequacy assessment.
• Managing all related exposure calculation/reporting engines and thei...