SEVP - Traded & Treasury Credit Risk

Job Purpose To lead the development, evaluation, and implementation of Traded and Treasury Credit Risk frameworks, policies, and governance standards across all geographies where the Bank operates, while managing the end-to-end credit lifecycle for Counterparty Credit Risk (CCR) exposures arising from Treasury, Markets, and Trading activities. The role is responsible for independently assessing and approving complex market-linked credit facilities and counterparty exposures including derivatives, securities financing transactions (SFTs), structured funding arrangements, and interbank placements through direct engagement with Global Markets, Treasury, and Coverage teams across jurisdictions. The incumbent is expected to possess strong multi-product and cross ‑ jurisdictional expertise to evaluate and manage credit exposures across banks, financial institutions, sovereigns, corporates, CCPs, and non-bank financial counterparties, ensuring robust enterprise-wide risk governance, effective exposure monitoring, and seamless stakeholder management across Business, Market Risk, Finance, Legal, Compliance, Operations, and Regulatory bodies in line with the Bank’s risk appetite and applicable regulatory requirements. Lead the end-to-end credit lifecycle for Traded and Treasury Credit Risk exposures including derivatives, FX, repo, reverse repo, securities lending/borrowing, structured funding trades, and interbank limits across assigned geographies. Drive the development, implementation, and ongoing enhancement of counterparty credit risk policies, procedures, and underwriting standards governing Treasury and Markets activities across single or multiple jurisdictions. Partner with Global Markets and Treasury teams to structure optimal credit and collateral arrangements for trading counterparties in line with the Bank’s risk appetite, product governance standards, and country-specific regulatory requirements. Provide credit advisory on transaction structuring including margining frameworks, netting enforceability, collateral eligibility, wrong-way risk considerations, settlement risk, and legal documentation (ISDA/CSA/GMRA/GMSLA) across jurisdictions. Evaluate and approve complex counterparty credit proposals including derivatives limits, settlement limits, securities financing transactions, and structured treasury exposures within delegated credit authority. Oversee portfolio-level risks arising from counterparty concentrations, product exposures, market volatility, and cross-border legal enforceability considerations, and guide appropriate exposure mitigation strategies. Key Result Areas Strategic Contribution Translate the Bank’s Risk and Treasury/Global Markets strategy into a comprehensive Traded and Treasury Credit Risk framework aligned with balance sheet optimization, market risk appetite, and counterparty exposure limits across all operating geographies. Drive the strategic direction of the Counterparty Credit Risk portfolio arising from Treasury placements, derivatives trading, securities financing transactions (SFTs), and structured funding activities. Enable sustainable business growth by supporting appropriately structured counterparty credit limits and collateralized trading arrangements tailored to evolving market dynamics and liquidity requirements. Provide strategic oversight on jurisdiction-specific counterparty exposures ensuring alignment with portfolio diversification objectives, settlement risk thresholds, and concentration limits across financial institutions and sovereign counterparties. Lead and support Traded and Treasury Credit Risk initiatives including exposure monitoring enhancements, limit frameworks, collateral optimization methodologies, and policy digitization programs. Drive continuous improvement in counterparty assessment methodologies, limit utilization monitoring tools, stress testing frameworks, and market-driven exposure evaluation techniques. Credit Policy & Governance Formulate, maintain, and seek approval for Traded and Treasury Credit Risk Policies and Programs to facilitate business growth while ensuring effective management of counterparty and settlement risks across jurisdictions. Actively collaborate with Global Markets and Treasury teams in the preparation, review, and modification of counterparty credit policies based on: Evolving financial market dynamics Macroeconomic developments Counterparty performance trends Emerging product-specific and jurisdictional risks Participate in internal working groups for periodic review and enhancement of CCR policies, margining standards, collateral eligibility criteria, and documentation frameworks (e.g., ISDA, CSA, GMRA, GMSLA). Ensure Traded Credit Manuals and jurisdiction-specific exposure underwriting standards are periodically reviewed and updated in line with regulatory developments (e.g., Basel III CCR guidelines) and internal exposure performance indicators.

Lead the end-to-end credit lifecycle for Traded and Treasury Credit Risk exposures including derivatives, FX, repo, reverse repo, securities lending/borrowing, structured funding trades, and interbank limits across assigned geographies. Drive the development, implementation, and ongoing enhancement of counterparty credit risk policies, procedures, and underwriting standards governing Treasury and Markets activities across single or multiple jurisdictions. Partner with Global Markets and Treasury teams to structure optimal credit and collateral arrangements for trading counterparties in line with the Bank’s risk appetite, product governance standards, and country-specific regulatory requirements. Provide credit advisory on transaction structuring including margining frameworks, netting enforceability, collateral eligibility, wrong-way risk considerations, settlement risk, and legal documentation (ISDA/CSA/GMRA/GMSLA) across jurisdictions. Evaluate and approve complex counterparty credit proposals including derivatives limits, settlement limits, securities financing transactions, and structured treasury exposures within delegated credit authority. Oversee portfolio-level risks arising from counterparty concentrations, product exposures, market volatility, and cross-border legal enforceability considerations, and guide appropriate exposure mitigation strategies. Translate the Bank’s Risk and Treasury/Global Markets strategy into a comprehensive Traded and Treasury Credit Risk framework aligned with balance sheet optimization, market risk appetite, and counterparty exposure limits across all operating geographies. Drive the strategic direction of the Counterparty Credit Risk portfolio arising from Treasury placements, derivatives trading, securities financing transactions (SFTs), and structured funding activities. Enable sustainable business growth by supporting appropriately structured counterparty credit limits and collateralized trading arrangements tailored to evolving market dynamics and liquidity requirements. Provide strategic oversight on jurisdiction-specific counterparty exposures ensuring alignment with portfolio diversification objectives, settlement risk thresholds, and concentration limits across financial institutions and sovereign counterparties. Lead and support Traded and Treasury Credit Risk initiatives including exposure monitoring enhancements, limit frameworks, collateral optimization methodologies, and policy digitization programs. Drive continuous improvement in counterparty assessment methodologies, limit utilization monitoring tools, stress testing frameworks, and market-driven exposure evaluation techniques.