As Wise continues to scale and evolve its infrastructure, we are looking for a Counterparty Credit Risk Manager to lead our credit risk framework into its next chapter. You won't just be "checking boxes". You will bridge the gap between traditional credit analysis and advanced quantitative modeling (ICARA/ILAAP) to ensure our global network of banks, NBFIs, and corporate partners remains resilient.
Key Responsibilities
Credit Evaluation & Advanced Analysis:
Fundamental Analysis: Conduct deep-dive financial analysis of banks, NBFIs, and corporate clients, evaluating liquidity, capital adequacy, and asset quality.
Limit Management: Design and assign credit limits for financial partners and Wise Platform clients, ensuring they align with our evolving risk appetite.
Internal Rating Models: Lead the application and refinement of internal credit rating models to ensure risk-sensitive pricing and exposure management.
Credit risk recommendation: document and support credit decisions and recommendations to the Credit Risk Committee and the Asset & Liabilities Committee (ALCO)
Quantitative Risk Analysis, Concentration Risk & Stress Testing:
Single Name exposures: Act as the SME for concentration and counterparty risk limits, ensuring that our bond holdings, bank deposits, and MMF investments collectively stay within regulatory concentration limits.
Capital & Liquidity Modeling: Contribute quantitative expertise to ICARA and ILAAP processes, including modeling the credit risk of the investment book under stressed conditions.
Scenario Analysis: Run "what-if" scenarios on the credit portfolio (e.g., a rating downgrade of a major bond issuer or a liquidity freeze in the Repo market).
Investment Portfolio & Exposure Monitoring:
Instrument Analysis: Conduct credit assessments and provide risk-based opinions on investment instruments, including Sovereign/Corporate Bonds, Money Market Funds (MMFs), and Repurchase Agreements (Repos).
Risk vs. Reward Rationale: Develop frameworks to evaluate counterparty exposure against financial returns. You will build the rationale for Risk vs. Price and Risk vs. ROI, ensuring Treasury yield targets stay aligned with our credit risk appetite.
Collateral Management: Assess the quality and "haircuts" of collateral in Repo transactions to ensure Wise is protected against market volatility and counterparty default.
Monitoring, Reporting & Governance:
Proactive Mitigation: Manage real-time alerts for limit breaches, overshots, and deteriorating credit signals.
Committee Leadership: Present well-reasoned recommendations and KPIs to the Credit Risk Committee and ALCO.
Cross-Functional Collaboration: Partner with the Banking, Treasury, and Payment Ops teams to find "risk-balanced" solutions that support Wise鈥檚 growth without compromising safety.