Credit & Counterparty Risk VP

Role summary

Credit & Counterparty Risk VP is a role at Crown Agents Bank in London, England, United Kingdom (hybrid). Posted 2026-08-17. Experience level: 10+.

Job title

Credit & Counterparty Risk VP

Company

Crown Agents Bank

Location

London, England, United Kingdom

Work arrangement

hybrid

Category

Software Engineering

Experience level

10+

Date posted

2026-08-17

Job description

Company Description

About Crown Agents Bank

Crown Agents Bank is a rapidly growing, regulated UK bank connecting emerging and frontier markets to the world through innovative FX and payments technology. Our mission is simple: reduce friction so more money reaches those who need it.

For over 200 years we’ve built trusted networks across hard‑to‑reach markets. Today, we pair that heritage with digital innovation to support fintechs, corporates, governments, development organisations and banks with cross‑border payments and FX solutions.

Job Description

Role Purpose

Reporting to the Head of Credit & Country Risk, the Vice President - Credit & Counterparty Risk is a senior member of the Credit & Country Risk team, responsible for leading complex credit, counterparty and country risk assessments, overseeing ongoing portfolio monitoring activities and supporting the continuous enhancement of the Bank's risk management framework.

The role combines strong analytical capability with technical leadership, independent judgement and stakeholder engagement. The successful candidate will provide expert challenge across a broad range of counterparties, products and jurisdictions, whilst mentoring junior colleagues and contributing to strategic initiatives across the risk function.

The role has a particular focus on counterparty credit risk arising from treasury and FX activities, including derivatives, and will play an important role in supporting the Bank's evolving derivatives, exposure measurement and portfolio risk management capabilities.

Role Responsibilities

Credit & Counterparty Risk

Lead the preparation and review of credit applications, annual reviews and risk assessments across a broad range of counterparties, including Financial Institutions, Central Banks, NBFIs, Corporates, NGOs and International Development Organisations.

Provide clear, balanced and commercially aware recommendations to approving authorities, exercising independent judgement on complex, material or higher-risk transactions.

Act as a senior technical mentor, ensuring consistency, quality and robustness of risk assessments produced within the team.

Support transaction structuring discussions and provide independent challenge on credit, counterparty and country risk considerations.

Contribute to the ongoing development of credit methodologies, risk appetite frameworks and underwriting standards.

Portfolio Monitoring & Risk Oversight

Lead the ongoing monitoring of the Bank's credit and counterparty risk portfolio, identifying emerging risks, adverse trends and concentrations.

Monitor counterparty performance, financial condition, limit utilisation and early warning indicators, ensuring that material issues are identified and escalated appropriately.

Oversee watchlist and heightened monitoring processes for higher-risk counterparties and exposures.

Perform portfolio analysis to identify sector, geographical, product and counterparty concentrations.

Lead the production and interpretation of portfolio reporting, management information and risk insights for senior management and governance committees.

Recommend risk mitigation actions where deterioration in credit quality or adverse developments are identified.

Derivatives & Counterparty Credit Risk

Act as a subject matter expert on counterparty credit risk arising from treasury and FX activities, including derivatives.

Support the continued development of the Bank's counterparty credit risk framework, including exposure measurement methodologies, negotiation of legal documentations, credit monitoring capabilities, limit frameworks and management information.

Partner with Front Office, Treasury, Prudential Risk, Finance and other stakeholders to ensure that exposure measurement, limit frameworks and risk management practices remain fit for purpose.

Provide independent challenge and guidance on derivative transactions, counterparty structures and credit risk mitigation techniques.

Country Risk

Lead the assessment and periodic review of country risks across emerging and frontier markets relevant to the Bank's activities.

Evaluate sovereign, macroeconomic, political, banking sector, FX, structural and financial crime risk factors and their implications for the Bank's risk profile.

Support country limit reviews, thematic analysis and emerging risk assessments.

Ensure that country risk considerations are appropriately reflected in counterparty assessments, portfolio monitoring and risk reporting.

Leadership & Team Development

Provide coaching, mentoring and technical guidance to junior members of the Credit & Country Risk team.

Review and challenge risk assessments to ensure high-quality, consistent and well-supported outputs.

Foster a collaborative environment focused on continuous improvement and knowledge sharing.

Lead or contribute to strategic initiatives, framework enhancements and cross-functional projects, as required.

Support succession planning, capability development and the continued strengthening of technical expertise across the team.

Data, Systems & Continuous Improvement

Champion the use of data, analytics and technology to enhance portfolio monitoring, risk reporting and decision-making.

Lead or contribute to the development of portfolio monitoring tools, dashboards, management information and risk analytics capabilities.

Identify opportunities to improve efficiency, consistency and scalability through automation, digital solutions and emerging technologies.

Support enhancements to risk policies, procedures and governance frameworks.

Governance & Strategic Projects

Prepare and present risk assessments, portfolio analysis and recommendations to governance committees and senior management forums.

Contribute to the development and enhancement of Credit Risk, Counterparty Cre