Key responsibilities

• Ensure completion of operations assigned for the department to comply with CCP standards in a timely manner
• Design risk frameworks for cleared products, structure, and methodology improvements aligned with CCP policies
• Manage development of rules, procedures, risk policies, appetite statements, and methodologies (margin, stress test, liquidity, credit scoring, pricing)
• Lead risk software development
• Attend Risk Management Committee and Board meetings, present risk issues, and implement decisions
• Coordinate with regulators on risk models, compliance, and external reviews of risk management processes
• Oversee model review and validation with external vendors and present findings to the Risk Committee and Board
• Identify process improvements to achieve performance targets
• Ensure robustness of default management processes
• Participate in industry dialogue and discussions
• Direct departmental projects to ensure completion within guidelines and quality standards
• Ensure effective use of departmental budget and report progress and challenges
• Motivate, train, and manage departmental staff to meet required standards
• Set performance objectives, evaluate team performance, and provide feedback
• Ensure confidentiality of information and compliance with risk and security procedures
• Develop and implement departmental policies, procedures, and processes to fulfill work requirements
• Ensure compliance with all relevant policies and achieve operational excellence