Digital Assets & Intraday Counterparty Credit Risk - AVP

About the role

Barclays New York is looking for a Digital Assets & Intraday Counterparty Credit Risk Associate Vice President (AVP) to join its Risk team. The role sits in the Risk and Quantitative Analytics area and involves assessing and making credit decisions for complex financing transactions in the LevFin, SLF and Hedge Funds sectors, in line with the bank's credit risk appetite and regulatory requirements. The role is based in New York.

Key responsibilities

• Analyse complex financial information and business models of LevFin, SLF and Hedge Fund clients to assess their creditworthiness, repayment capacity and potential risks.
• Monitor the performance of the LevFin, SLF and Hedge Fund portfolio and report early warning signs of credit deterioration.
• Evaluate the risk profile of each application, considering industry trends, borrower financials, collateral and market conditions.
• Document credit decisions and rationale clearly, in line with internal audit and regulatory reporting standards.
• Develop and implement strategies to mitigate identified credit risks and optimise portfolio performance.
• Contribute to the development and implementation of credit risk policies and procedures for the Specialised Sector.

Required profile

• Subject matter expertise in digital assets, including cryptocurrencies, blockchain technology and digital tokens.
• Understanding of digital asset markets, emerging risks and global regulatory developments.
• Experience in credit risk, counterparty risk or financial risk management within financial services.
• Ability to advise and influence decision-making, contribute to policy development and lead a team or collaborative assignments, setting objectives and coaching employees.
• Legal right to work in the United States; the role may be subject to enhanced governance and additional regulatory and compliance obligations.

Required skills

• Knowledge of intraday risk monitoring, trade approvals, credit limits and counterparty exposures.
• Collaboration with front-office teams, credit officers and cross-functional stakeholders.
• Analytical skills, attention to detail and use of AI and technology-driven tools.

The advertised salary range is $100,000 to $160,000 (base salary only). The role is open to candidates who may need reasonable adjustments during the recruitment process, and flexible and hybrid working arrangements can be discussed with the hiring manager.