Counterparty Credit Risk Cover Letter

I would like to submit my application for the counterparty credit risk opening. Please accept this letter and the attached resume.

In my previous role, I was responsible for ongoing assistance with the Capital Markets monitoring group and various credit adjudicators on the understanding of excesses and with the resolution of same.

My experience is an excellent fit for the list of requirements in this job:

• Experience in interacting with Senior Management, Senior Risk Decision makers Traders and Business Heads
• General knowledge of the risk framework / regulatory requirements of the banking sector
• Build expertise in regulatory instructions
• Excellent knowledge of the revised IRB and standardized approach for credit risk as it applies to OTC derivatives (bilateral and cleared) securities financing exposures, including SA-CCR
• Decision making and problem solving.This role will suit an individual with the intellectual curiosity to monitor and report established risk metrics, both client and exposure, and challenge those metrics, seeking to drive forward our control framework to meet the requirements of the dynamic regulatory landscape
• Advanced capital markets product knowledge, in particular Derivatives and Security Finance (repo, stock borrow-lend, total return swaps ) on a detailed data level
• Familiarity with third party data services (SNL, S&P Capital IQ)
• Oversight of the credit analysis and risk management for funds in EMEA, in particular the credit due diligence and rating process setting and monitoring of credit risk limits

I am excited to be applying for the position of counterparty credit risk. Please accept this letter and the attached resume as my interest in this position.

In the previous role, I was responsible for guidance to other markets and global product owners on issues that help to localize products.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Formal bank credit training or equivalent strongly preferred
• Strong skills in Excel/VBA, Windows O/S database skills
• Some experience in capital markets as a professional in credit risk is preferred
• OTC derivatives product knowledge preferred
• Engagement of key stakeholders in front office, corporate banking, market/credit/CCR risk, other subject matter experts including accounting policy, legal
• Key members of CCR team including product oversight, transactional credit, reporting and central CCR are engaged and able to support
• Extensive knowledge and experience with Counterparty Credit Risk measurement, management and monitoring
• Extensive knowledge and experience of credit and market risk issues and methodologies

I am excited to be applying for the position of counterparty credit risk. Please accept this letter and the attached resume as my interest in this position.

In my previous role, I was responsible for input on new product development, particularly capital markets related, identifies risk from new products, and works with business units to develop risk mitigating solutions.

Please consider my experience and qualifications for this position:

• Partner with other bank groups to ensure completeness and accuracy of transaction and market data feeds, stable and resilient systems for counterparty credit exposure, stress and contingent risk calculations
• Validating market risk models across the group
• Reviewing complex derivative pricing models in all asset classes
• Maintaining efficient communication with model owners regarding modelling, back testing and evaluation of model performances
• Deep understanding and practical experience analyzing risk associated with various asset classes
• Knowledge of existing and emerging regulation within the Counterparty Credit Risk domain
• Previous experience within a Counterparty Credit Risk (CCR) technology team would be an asset
• Strong analytical skills, particularly related to fundamental research for Corporates (commodity industry/product knowledge an advantage)

In response to your job posting for counterparty credit risk, I am including this letter and my resume for your review.

Previously, I was responsible for support to the Treasury business for regular computation of CCR measures for derivatives, facilitate automation of the computation where possible.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Knowledge of interest rate derivatives, FX, precious metals, oil & gas, credit and equity derivatives
• Strong quantitative background and experience producing reports
• Knowledge of Dodd-Frank and emerging regulations would be an asset
• Knowledge of industry best practices, programming languages, business/organization, infrastructure, architecture and technology related areas from an architectural design/solutions perspective
• Demonstrate progressive seniority and leadership experience including
• Experience with Agile software development methodology would be beneficial
• Previous credit risk projects / regulatory projects background
• Experience with DAIC and Agile methodologies

I would like to submit my application for the counterparty credit risk opening. Please accept this letter and the attached resume.

Previously, I was responsible for quantitative and qualitative independent assurance on the quality of our credit lending and traded credit portfolios focussing mainly outside of the ring fence in our NatWest Markets portfolios.

My experience is an excellent fit for the list of requirements in this job:

• Extensive knowledge of financial markets, their products and the risk characteristics of these products
• Exceptional relationship management skills, including conflict resolution
• Excellent verbal communications skills with the flexibility to communicate and build relationships with internal clients (Front Office, Risk, Back Office, Technology) across different cultures
• Curiosity, autonomous, self motivation and passion Integrity and responsibility
• Bachelor/Master in Finance, Computer Science, Statistics or Financial mathematics
• Demonstrable track record of working under time pressure and managing multiple projects with limited supervision
• Able to multitask and adapt to shifting priorities as demanded
• Knowledge of trade lifecycle especially securities trading is preferred