Counterparty/Credit Risk Manager

Augustus Bank is building a global bank and strengthening its risk function. The Counterparty/Credit Risk Manager will assess counterparty risks, clients, products, and services, and develop ongoing risk monitoring and reporting.

Responsibilities

Inventory: maintaining the client inventory and running the quarterly reconciliation against payment and contracting data (you do not own payment/contracting controls yourself — you reconcile against them)

Onboarding: running new client and partner relationships through intake and onboarding

Initial & Ongoing Due Diligence: executing initial due diligence at onboarding and ongoing due diligence on the recurring schedule for existing client and partner relationships

SME Reviews: collaborating with subject matter experts across Information Technology, Information Security, BSA/AML & OFAC, Compliance (Consumer & Regulatory), Credit, Finance, and Legal

Fourth Party Due Diligence: extending due diligence downstream to critical fourth parties, where required

Client risk management: developing credit, concentration, liquidity and other financial risk metrics and ongoing monitoring and reporting of the same

Month 1-2: You learn the business and how counterparty and credit risk runs today: what's in (and missing from) the due diligence and risk metrics, howonboarding and due diligence really move through the pipeline, which SME reviews are current versus overdue, what BCDR and exit plan documentation exists for critical clients, and where the issues log breaks down

Month 2-3: You propose enhanced risk metrics and reporting and support in counterparty risk reviews and risk assessments for new products and services

Month 3-6: You take ownership of risk metrics and reporting, counterparty risk reviews and risk assessments for new products and services

Preferred

Experience working in fast paced environments with a high level of agency and ownership, ideally blending Fintech and Bank experience

Fintech Experience

Banking Experience

Adaptability

Agency

Ownership

Benefits

Visa support

Equity

Career Growth: You will be given more responsibility and pushed to grow faster than ever before.

Network: Your peers are brilliant, highly motivated people. These people will be foundational in your future opportunities.

Real Participation: Employees are shareholders. You will think and act like an owner.

Relocation support

The latest Apple gear (MacBook + AirPods)

Lunch benefit

Gym benefit

A beautiful office in the heart of the city

4x on-/offsites per year

An annual development budget

Comprehensive medical, dental, and vision insurance for the US team

A 401(k) retirement plan for the US team

Company

Autonomous clearing bank for programmable money and stablecoins

San Francisco, California, USA

https://www.augustus.com/

Founded in 2021

11-50 employees

Qualifications

5+ years of experience in counterparty risk management, credit risk, or a related risk function

Comfortable working directly with stakeholders across various functions

Experience working in fast paced environments with a high level of agency and ownership, ideally blending Fintech and Bank experience

5+ years of experience in counterparty risk management, credit risk, or a related risk function.

Required skills

Represents the skills you have, click on the tags, Counterparty Risk Management, Credit Risk, Risk Assessment, Financial Risk Metrics, Risk Monitoring and Reporting, Client Due Diligence, Fourth-Party Due Diligence

Experience

5+ years