Derivative Counterparty Risk Analyst

U.S. Bank

. Conduct pre-trade counterparty credit risk analysis for interest rate derivatives, foreign exchange derivatives, commodity derivatives, credit derivatives, and repo transactions .

Posted 10/23/2026full-timeUnited StatesMid-LevelSenior💰 $117,725 - $138,500 per yearWebsite

Core Competencies

Role fit

Core Competencies

Use this summary to align your resume positioning with the role.

Demonstrates expertise in counterparty credit risk analysis, including the evaluation of complex risk exposures and the application of quantitative metrics such as Expected Exposure (EE) and Potential Future Exposure (PFE). Proficient in managing risk control frameworks and collaborating with trading and risk management teams to ensure compliance with regulatory requirements.

Highest-signal resume keywords

Counterparty Credit Risk AnalysisExpected Exposure (EE)Potential Future Exposure (PFE)Data Analysis and Risk ReportingFinancial Products Knowledge

ATS Keywords

Tailor your resume

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills

Counterparty RiskMarket RiskQuantitative Risk ManagementCVACollateral ManagementRisk AssessmentRisk MitigationRisk Control FrameworkAnalytical SkillsQuantitative Skills

Soft Skills

Strong Communication SkillsAbility to Work in Fast-Paced Environment

Tools & Technologies

PythonSQLVBARisk Management Platforms

Industry Keywords

Interest Rate DerivativesFX DerivativesCommodity DerivativesCredit DerivativesRepo TransactionsRisk AppetiteCollateral ArrangementsRegulatory Requirements

Tech Stack

Tools & technologies

PythonSQLVBA

About the role

Key responsibilities & impact

Conduct pre-trade counterparty credit risk analysis for interest rate derivatives, foreign exchange derivatives, commodity derivatives, credit derivatives, and repo transactions
Quantify counterparty risk exposure using Expected Exposure (EE), Potential Future Exposure (PFE), and stressed exposure metrics
Evaluate proposed transactions against approved credit limits, risk appetite, collateral arrangements, and regulatory requirements before trade execution
Work closely with trading, credit, and risk management teams
Identify material risk concentrations
Recommend risk mitigants where necessary
Help ensure counterparty credit risk is accurately measured, monitored, and controlled across the trading portfolio
Produce detailed analysis of the derivative portfolio for internal and external constituents
Manage the counterparty risk control framework

Requirements

What you’ll need

Bachelor's degree, or equivalent work experience
Typically more than six years of applicable experience
Bachelor's degree in Finance, Economics, Mathematics, Statistics, Engineering, Physics, Computer Science, or a related quantitative discipline, with 2-4 years of experience in counterparty risk, market risk, trading, CVA, or a related quantitative risk management function; or Master's degree in Finance, Financial Engineering, Mathematics, Statistics, Economics, Engineering, or a related quantitative field, with 1-2 years of relevant experience in counterparty risk, market risk, trading, CVA, or quantitative analytics
Strong analytical and quantitative skills with the ability to evaluate and interpret complex risk exposures
Understanding of counterparty credit risk concepts, including Expected Exposure (EE), Potential Future Exposure (PFE), CVA, collateral management, and netting agreements
Knowledge of financial products such as interest rate derivatives, FX derivatives, commodity derivatives, credit derivatives, and repo transactions
Ability to assess transactions against counterparty credit limits and identify material risk drivers
Proficiency in data analysis and risk reporting tools; experience with Python, SQL, VBA, or risk management platforms is a plus
Strong communication skills with the ability to present risk assessments and recommendations to trading, credit, and senior risk management stakeholders
Ability to work effectively in a fast-paced trading and risk management environment
Ability to work from a U.S. Bank location three or more days per week
Applicants must be able to comply with U.S. Bank policies and procedures, including the Code of Ethics and Business Conduct and related workplace conduct and safety policies

Benefits

Comp & perks

Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Incentive and recognition programs
Equity stock purchase
Comprehensive benefits package