Cookies — it's your choice

At Bright Network we use cookies and similar technologies to help deliver you the best possible experience. Some are necessary to help our website work properly and can't be switched off, and some are optional but support Bright Network in building and running the service that we provide to you.

You can find out more in our privacy policy at any time by going to the link in our footer.

    1. Home
    2. Internships
    3. Management & Operations
    4. Internship Counterparty Risk London 2023
    Lock Applications for this job are now closed
    Closing soon

    Additionally, the department handles tasks connected with the credit risk process, such as producing credit alert reports for the Senior Management Functions, monitoring the credit limits in FX Electronic platforms or ensuring that Basel III data is correctly recorded and sent to central risk systems for RWA calculations.

    Counterparty risk also coordinates transversal processes like SAD committee, London Credit Committee, UK Risk Committee or portfolio reviews.

    Key Responsibilities

    • Ensure that Counterparty Risk exposures are correctly monitored on Capital Market activities and follow-up counterparty risk monitoring on FX Capital Market products in RPC CMR London.
    • Follow-up Credit Risk limits for FX E-Platforms.
    • Follow-up FX Give Up breaches.

    Control and Monitoring

    • Producing reporting of any breaches of capital markets limits, either locally or RPC HO level (CRCOM)
    • Working on FX Give Up reports using Harmony and GUVNA. Reporting breaches on those trades to RPC CMR Management and to FO. Participating to the functional / IT improvements in the processing chain
    • Controlling the input of the FX Give Up limits and reviewing the relevant documents linked to FX Give Up
    • Monitoring the credit limits for FX electronic platforms in coordination with GMD and GIT
    • Participating to RPC HO projects / IT studies around Counterparty risk processes and systems to either follow the business strategy or improve the overall risk data quality
    • Participating to the update of the procedures.

    Legal and Regulatory Responsibilities

    • Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the London Compliance manual and the Financial Crime Policy.
    • Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.