Job Title: Senior Credit Risk Manager
Location: Washington, D.C.; (Hybrid, 4 days in office, after first 90-days in office)
Status: Full-time; Exempt
Reports to: Senior Risk Leadership Team
Typical Work Hours: 8:30 a.m. to 5:00 p.m. Monday to Friday
Monex USA is seeking a highly analytical and hands-on Senior Credit Risk Manager to oversee and actively manage the company's credit risk function within a fast-paced FX and derivatives environment. This role is responsible for day-to-day credit risk analysis, counterparty assessments, exposure monitoring, and risk decision-making, while also contributing to the ongoing enhancement of the broader risk framework.
The ideal candidate combines strong technical expertise in credit and derivatives risk with a practical, commercially minded approach and the ability to operate effectively in a dynamic and collaborative environment.
ResponsibilitiesCredit Risk Management & Oversight- Assess the creditworthiness of clients and counterparties through detailed financial and qualitative analysis
- Review and approve credit requests, counterparty limits, margin facilities, and exposure thresholds
- Monitor counterparty exposures, collateral positions, margin utilization, and limit breaches on an ongoing basis
- Support the development and enhancement of the company's credit risk framework, policies, and procedures
- Partner with senior leadership to provide practical and commercially balanced risk guidance
Derivatives & FX Risk- Maintain oversight of FX spot, forwards, and options exposures, including structured and non-linear products where applicable
- Analyze exposure sensitivity, concentration risk, volatility impacts, and stress behavior
- Support exposure modelling methodologies including PFE, stress exposure, and scenario analysis
- Provide effective challenge to Front Office on trade structures, client exposure, and risk mitigation strategies
Risk Monitoring, Reporting & Analytics- Prepare and present risk reporting to senior management and relevant governance committees
- Conduct stress testing, concentration analysis, and portfolio surveillance
- Monitor early warning indicators and escalate emerging counterparty or portfolio concerns
- Ensure accuracy, integrity, and consistency of risk data and reporting
Collateral, Margining & Exposure Management- Monitor margin calls, collateral movements, and intraday exposure changes
- Support margin framework enhancements, including Initial Margin and Variation Margin methodologies
- Assist with escalation and resolution of exposure breaches or collateral disputes
- Work closely with Treasury and Operations regarding liquidity and funding impacts
Process Improvement & Cross-Functional Collaboration- Identify and implement improvements to risk controls, reporting, systems, and workflows
- Support automation and enhancement of risk analytics and monitoring processes
- Collaborate closely with Front Office, Compliance, Finance, Treasury, and Operations teams
- Contribute to policy, governance, and documentation updates
Team Support & Execution- Provide guidance and oversight to junior team members where applicable
- Remain actively involved in daily operational risk activities and reviews
- Act as a hands-on contributor to support workload management and business continuity
- Help foster a strong risk-aware culture across the organization
Required Qualifications- Bachelor's degree in Finance, Economics, Business, Mathematics, or related field
- 5-10+ years of experience in credit risk, counterparty risk, or financial risk management
- Strong experience within financial services, FX, brokerage, trading, or banking environments
- Solid understanding of derivatives, collateral management, exposure monitoring, and margining
- Strong analytical and quantitative skills, including financial statement analysis and risk assessment
- Ability to make independent risk decisions while balancing commercial considerations
- Excellent communication and stakeholder management skills
- Strong ownership mindset with the ability to thrive in a lean and fast-paced environmen
Preferred Qualifications- Experience analyzing corporate clients, financial institutions, hedge funds, or investment vehicles
- Exposure to FX options or structured derivatives products
- Familiarity with stress testing and exposure modelling methodologies
- Experience with risk systems, exposure engines, or risk reporting platforms
- Understanding of regulatory expectations within financial services environments
Compensation- The annual salary range is $100,000 to $140,000 with a 10% annual bonus. Salary is commensurate with experience and qualifications.
Benefits- Medical insurance
- Dental insurance
- Vision insurance
- 401(k) and employer match
- Paid time off
- Disability benefits
- Paid parental leave
- Pet Insurance
- Catered lunches
